🇸🇬 Tungray Technologies was born in a small apartment in Singapore. Fast-forward to today: they're 200+ employees strong, celebrating their recent IPO at Nasdaq! 🌟 At $TRSG, they're more than just engineers or manufacturers. They are problem solvers in precision engineering and Industry 4.0 solutions. 🎉 Congrats on this milestone! We're thrilled you're now #NasdaqListed!
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TÜV Rheinland Group on course for growth 📈 Yesterday, we held this year's annual press conference in a hybrid format! I am proud to report that 2023 was a very successful year for us - with significant revenue growth and acquisitions. TÜV Rheinland acquired ten new companies which is a record in our company’s history and increased revenues by 7.2% to more than EUR 2.4 billion. The number of employees also increased by 5.9% (> 1.200 new employees). The acquisitions have strengthened our service portfolio in a targeted manner. As a result of the acquisitions, around 400 experts have joined the company, strengthening TÜV Rheinland's consulting and testing services in various areas with their expertise. 💡 TÜV Rheinland's growth is also reflected in its revenue development. The testing services provider closed the fiscal year 2023 with revenues of EUR 2.439 billion (2022: EUR 2.275 billion) - once again, the strongest growth was recorded in Greater China and India, Middle East and Africa (IMEA). The number of employees increased to an annual average of 22,092 worldwide - spread across all continents, of which 13,407 (60.7%) are based outside Germany. TÜV Rheinland continued to invest heavily in sustainability and artificial intelligence and generated strong revenues from ESG-related services. The company is well positioned for further growth and aims to help its customers achieve their sustainability goals while continuing to play a significant role in the global testing services market. 🌐 The start into 2024 was very successful for TÜV Rheinland. In the first three months, we recorded revenue growth of around 9%. TÜV Rheinland is very well and solidly positioned. We aim to grow significantly again in 2024 - also with services that effectively support our customers in achieving their ESG goals, including the launch of products or services with a sustainable impact on the market. Additionally, we will focus on artificial intelligence services such as intelligent damage detection of vehicles or automated driving. We will also continue to play an important role in the consolidation of the highly fragmented global market for testing services and to execute on our strategic growth plans. 🚀 #todayfortomorrow #tuvrheinland #KI #AI #sustainablity
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Dear bay area CVC and VCs, please join us in an engaging discussion on 13th Feb at TDK Ventures to gain insights from five of our very experienced panelists on how best to engage startups with large corporations. Registration link is in the text of the post below:
Invitation to Bay Area CVCs: Our upcoming networking event on Feb 13th in San Jose will explore best practices in corporate venture capital to foster Parent-Portfolio synergistic engagements. Join TDK Ventures' Geetha R Dholakia, Ph.D in this engaging discussion with industry leaders Kei Onishi CEO & Managing Director, Yamaha Motor Ventures; Jihong Kim, Managing Director, Samsung Electronics America; Gayathri Radhakrishnan, Partner, Hitachi Ventures; Xiaoming Yin, Ph.D, Senior Investment Manager, Lockheed Martin Ventures; and Nan Zhou, Director, Qualcomm Ventures. To attend, register for the event here: https://bit.ly/3uiSU1V Event runs 5:30 - 8:00 PM. Panel 6-7 pm, followed by a networking cocktail hour We hope to see you there! #VentureCapital #CVC #VC
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Four Decades of Industrilas: A Legacy of Innovation Starting in the 1980s, Industrilas embarked on a mission to redefine industry standards, debuting with essential hardware components. The 1990s marked our global expansion, with a footprint in new markets and enhanced production capabilities. The turn of the millennium introduced advanced technologies and strategic acquisitions, strengthening our market position. The 2010s were defined by sustainability and cutting-edge product launches, setting new benchmarks in quality and efficiency. Today, we continue to push boundaries, ensuring that every milestone reflects our commitment to innovation and excellence. Explore our entire journey: Industrilas - 40 years of access excellence #Industrilas #FourDecades #WhenAccessCounts
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KIOXIA Group and Western Digital Resume Merger Negotiations? Rumors of Bain Capital Negotiating with SK hynix Surface 💡 #NANDflash #memory giants #Kioxia and #WesternDigital (#WD) were reported to be in negotiations with intentions to merge. However, the merger talks between Kioxia and WD were halted in October last year due to opposition from SK Hynix, the #SouthKorean memory giant indirectly invested in Kioxia. As per a report from Japanese media 47news, Kioxia has been making adjustments behind the scenes and is interested in restarting merger negotiations with WD. Kioxia’s major shareholder, Bain Capital, is reportedly in negotiations with SK Hynix. It is reported that Kioxia is also exploring the possibility of cooperation with SK Hynix, but this may pose risks of violating anti-monopoly laws. If Kioxia and WD ultimately fail to merge, going public independently is also an option for Kioxia. Thanks again to TrendForce Corporation for the full article with more background and insights via the link below 💡🙏👇 https://lnkd.in/e7tkWqNy #semiconductorindustry #semiconductors #technology #tech #ic #flash #ai #flashmemory #smartphone #japan #geopolitics #usa #china #computer #it
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"Top 62 Women in Aviation & Aerospace to follow on Linkedin" Disruption DeepTech NewSpace NewSpaceEconomy Web3 RWAs Crypto Blockchain Digital SustainableWorld - Only for information , No trading & No investment advice
"Astra Space ended more than three years as a public company July 18 by completing a deal to take the company private at a tiny fraction of what it was once valued at. The company announced before the markets opened that it had closed a deal announced earlier this year with the company’s co-founders, Chris Kemp and Adam London, to take the company private at 50 cents per share. Shares had closed at 53.9 cents July 17. The agreement ends Astra’s time as a publicly traded company a little more than three years after it made its debut on the Nasdaq. Astra went public through a merger with Holicity, a special purpose acquisition company (SPAC). Such mergers offered a shortcut for companies to go public compared to the traditional initial public offering process. The market, though, soured on SPAC mergers in general and Astra in particular. Shares in Astra, when corrected for reverse stock splits, have fallen by more than 99% from its peak in the days after going public in July 2021. The company’s market capitalization went from several billion dollars to about $12 million."... Space news read & learn more
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✍ Yole Group writes - Renesas & Transphorm: Infineon Technologies opens the doors for bold #acquisitions in power GaN In the power GaN industry’s second major acquisition in a year, following Infineon Technologies’ purchase of GaN Systems, US-based Transphorm Inc. is to be acquired by a subsidiary of Renesas Electronics of Tokyo, Japan. The acquisition adds to the billions of dollars invested in the power #GaN (#galliumnitride) industry since 2019 through partnerships, the construction of facilities, and M&As. But what is driving this activity, and what does this new acquisition signal for the future of power GaN? Yole Group’s experts Dr. Milan ROSINA and Taha Ayari, PhD provide their insights. Full Yole Group's analysis on https://lnkd.in/eqMREiTZ #powerelectronics #mergersandacquisitions #sic #siliconcarbide
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Excited to announce ACON Investments, L.L.C. acquisition of Rymel SAS a rapidly expanding company that provides essential components to the energy infrastructure of the Americas. We look forward to collaborating closely with Rymel’s talented management team as they execute multiple growth initiatives including expanding the Company’s manufacturing capacity and commercial coverage across the region, allowing it to benefit from multiple macroeconomic and industry trends, including the transition towards cleaner energy sources, increased energy demand derived from data centers, an aging power distribution infrastructure across the region, and the continued nearshoring to the United States. https://lnkd.in/gWtaewzv
Congratulations to the ACON Latin America team on their acquisition of Rymel! Read more here: https://lnkd.in/d9C_RKeG
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Product Management Specialist || Component Lifecycle Management Expert || WFE || Semiconductor Capital Equipment || Semiconductor Strategy Innovator || IIT Bombay #ProductManagement #Semiconductors #ComponentLifecycle
🌟 Unlocking Insights: Semiconductor Mergers and Acquisitions Part 3 🌟 Continuation from yesterday's post... 🔎The third type of M&A in semiconductors specializes in distinct fields, enabling enterprises to focus resources and leverage their strengths more effectively. 🚀 Key Highlights of Recent Acquisitions from this category: 📌- MACOM's Acquisition of OMMIC SAS: MACOM made waves in the industry by acquiring the assets and operations of OMMIC SAS, a semiconductor manufacturer specializing in gallium arsenide (GaAs) and gallium nitride (GaN) compound semiconductor manufacturing. 📌- Infineon's Acquisition of GaN Systems: Infineon's strategic move to acquire GaN Systems for $830 million in cash, solidified its position as a powerhouse in power semiconductor technologies – silicon, silicon carbide, and now gallium nitride. 📌- Bosch's Investment in TSI Semiconductor: Bosch's investment of $1.5 billion in TSI Semiconductor marks a significant step towards producing silicon carbide (SiC) chips for electric vehicles. The production on SiC-based 200mm wafers is set to commence in 2026. 📌- Hon Hai's Expansion into SiC Division: Hon Hai's acquisition of the SiC division of Advanced Semiconductor Engineering showcases its commitment to strengthening its IC design capabilities. This move aligns with their goal to deliver passenger vehicles by the end of this year in collaboration with Hon Hai Electric Vehicle. 📌- Rom Corp.'s Acquisition of Solar Frontier's Kyofu Factory: Rom Corp.'s announcement to acquire the assets of Solar Frontier's former Kyofu Factory in Japan highlights the company's ambitious plans to establish its fourth silicon carbide wafer manufacturing plant. By fiscal 2030, Rom aims to increase its silicon carbide capacity by 35 times compared to 2021. 🔥 Implications for the Industry: - These strategic acquisitions signify a shift towards specialization and innovation in semiconductor technologies, preparing enterprises to harness the potential of the upcoming third generation of semiconductors. - With companies like Infineon and Bosch leading the charge in diverse semiconductor technologies, the industry is set to witness groundbreaking advancements in power electronics, electric vehicles, and beyond. - The collaborations and investments in gallium nitride, silicon carbide, and other cutting-edge technologies underscore the industry's commitment to driving efficiency, performance, and sustainability in various sectors. What trend do you see in the world of semiconductor M&A ? 😎 #SemiconductorIndustry #TechInnovation #GaN #SiC
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Grand Venture Technology (GVT), a Singapore-listed producer of components for the semiconductor, life sciences, aerospace, and medical industries, is preparing for a dual listing on Bursa Malaysia by 2025. The company is exploring a listing by introduction and aiming for a higher valuation. Currently valued at S$188 million, GVT's shares are down 60% from their peak three years ago and have declined 7% over the past year. The company posted a 27% revenue increase to S$68 million in H1 2024, with the semiconductor segment contributing half of that, and a net profit of S$4.3 million. This move reflects a trend among companies like UMS Holdings, another Singapore-listed maker of semiconductor components, which is also seeking a dual listing in Malaysia to expand its investor base and boost liquidity. Malaysia's IPO market has raised US$1.3 billion this year, making it an attractive option for companies looking to expand their investor reach and strengthen their market positioning. Are you an SME looking to fast-track business growth, raise capital, and navigate today’s competitive market? Exploring a listing or dual listing can provide access to a broader pool of investors, greater visibility, and enhanced growth opportunities to strengthen your business’s market presence and drive long-term success. Acquire the strategies for public listing in our Power of Capital event coming up on: 📅24 September 2024 ⏰9am to 1pm Discover how to: 1.Maximise your business valuation. 2.Generate today's cash flow from tomorrow's profit. 3.Continue to increase your share price post-IPO. Register via this link to secure your seats at: https://lnkd.in/gh3ByHvQ Whatsapp to 82227413 for further enquiries. #Infokiosk #PIFCapital #capitalmarkets #IPO
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“An eventful quarter ended a successful year. During the fourth quarter, two inaugurations took place: a robotized sheet metal line in Sweden and a brand-new assembly plant in Estonia. We also expand through strategic acquisitions. On December 1, we signed an agreement to acquire Orbit One. Financially, the fourth quarter developed according to expectations. Sales exceeded SEK 1 billion and thus increased the turnover for the full year 2023 by approximately 17% to SEK 4.1 billion. With Orbit One, HANZA reaches a pro forma turnover of SEK 5.2 billion for 2023. This exceeds our financial target for 2025 and the Board has therefore decided to increase the target by 30% to SEK 6.5 billion for 2025. A goal that HANZA is ready to fulfill.” Our CEO Erik Stenfors comments on HANZA's year-end report for 2023 published this morning, directly after we published our revised financial targets for 2025, where our sales target is increased to SEK 6.5 billion and the operating margin target of 8% is increased to apply to the full year 2025. At 13.00 CET today, HANZA is organizing a capital markets day combined with a live presentation of the year-end report for 2023 and the new financial targets. The event will be broadcast live and can be viewed here: https://lnkd.in/dTW54sgi The program includes presentation of the report, presentation of HANZA's new and long-term financial targets and presentations from representatives from different parts of the organization. Here you find the report in Swedish: https://lnkd.in/dh2BYY5K Here you find the report in English: https://lnkd.in/dX-Twepm #report #hanza #hanzagroup #wearehanza
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