Materials/Manufacturing

Electrical Steel Maker voestalpine Reports Big Hit from Pandemic but Signs of Recovery as Lockdowns Ease

A massive meltdown in demand for its steel and metal products in almost all countries and sectors due to Covid-19 is reported by voestalpine Group for the three months ending June 30. A key provider of electrical […]

Materials/Manufacturing

Neo Performance Materials Reports 23% Decline in Magnequench Business Due to Pandemic; SAMAG Acquisition Doing Well, says New CEO

Victimized by the global pandemic, business dropped 23% in the first six months of this year for the Neo Magnequench business unit of Neo Performance Materials, widely considered a bellwether of the magnetic materials industry. Revenues for Magnequench dropped to $68.8 million from $89 […]

Magnetics/Assemblies

CWIEME Shanghai Rescheduled For 2021

CWIEME Shanghai along with its co-partner and organizer, CCPITECC have recently announced that the event scheduled for July 29-31 has been delayed. “We have been monitoring the situation very carefully,” the organization said. “With the ongoing […]

Magnetics/Assemblies

CWIEME Shanghai To Take Place In July

With the recent announcement by the central government of China that events may be held from July 1 onward, Hyve Group, the organisers of CWIEME Shanghai, confirmed that CWIEME Shanghai will take place as planned at the Shanghai World Expo Exhibition & Convention Center in Shanghai, from 29-31 July.   “China […]

Magnetics/Assemblies

Magnetics Industry Adapts Its Operations Worldwide in Battle to Stay Open and Serve Customers Amidst Global Pandemic

It’s too early to tell what the economic fallout will be from the Covid-19 pandemic but it is clear that the magnetics industry has pulled out all the stops in efforts to stay operating safely […]