STOCKHOLM — On 12 October, NOTE sent out a Press Release about a potential bad debt since one of NOTE's customer in the UK had applied for administration and that all the customer's operations were stopped in connection with this. In the third quarter, NOTE took a cost for the potential bad debt of SEK 30 million, which corresponded to the entire risk exposure that NOTE had towards the company.

The customer has now been acquired by another company in the same industry, electric vehicles charging. NOTE has had a productive dialogue with the new owner, who intends to resume production as soon as possible and continue the previous partnership with NOTE.

“This process has gone much faster than we expected. I look positively on the continued cooperation with the new owner. The company's principals have a long history in the industry and we look positively on deepening the cooperation between the companies. We also see good opportunities for a significantly lower bad debt than our previous assessment, something that we intend to communicate in the report for the fourth quarter”, says Johannes Lind-Widestam, CEO and President.

ATLANTA, GA — Koh Young Technology, the industry leader in True 3D measurement-based inspection solutions, will discuss the benefits of combining IPC-DPMX with IPC-CFX to deliver data directly to machines and streamline the process. Mr. Ivan Aduna, Global MES Manager at Koh Young America, will present the whitepaper on Thursday, 03 November 2022, during the MFX5 Smart Factory & Automation Technical Session during SMTA International in Minneapolis, Minnesota.

The paper, a collaboration with Michael Ford from AEGIS Software and Hemant Shah, the IPC-DPMX Consortium Chair, will outline how to securely exchange data between design and manufacturing areas by using the Digital Product Model Exchange (IPC-2581 DPMX) and Connected Factory Exchange (IPC-2591 CFX) standards. This combination will help electronics manufacturers improve efficiency, security, and costs.

IPC-DPMX is a standard for transmitting information between a printed circuit board designer and a manufacturing or assembly facility. For nearly every step in the process, IPC-DPMX offers a standard to help companies ensure superior manufacturability, quality, reliability, and consistency. IPC-CFX is an industry-developed open standard forming the backbone of a smart factory. IPC-CFX is a plug-and-play solution that simplifies and standardizes machine-to-machine communication, while helping machine-to-business and business-to-machine applications.

Traditionally, it could take days for manufacturers to compile the necessary files needed for production. Worse, the outdated formats may exclude critical elements like stack-ups, materials, design intent, and more. With IPC-DPMX, what took days, now takes minutes thanks to an intelligent data exchange. “The IPC-DPMX and IPC-CFX combination provides production flexibility and security while driving the movement towards Industry 4.0,” said Ivan.

Description automatically generated with low confidenceTo learn more about how our solutions boost your quality, visit us at the SMTA International in booth 925. You can register to attend the in-person conference and exposition at https://smta.org/mpage/smtai-registration. If you cannot attend the panel, but still want to learn more about smart manufacturing and our best-in-class portfolio of True 3D solutions, visit our site at www.kohyoungamerica.com.

WASHINGTON — The U.S. Partnership for Assured Electronics (USPAE) is entering a new phase of rapid growth to better connect the electronics industry with government needs and opportunities. Effective immediately, membership dues are reduced to $1,000 for all organizations, and the process to join is streamlined.

USPAE membership entitles qualified companies to participate in the Defense Electronics Consortium (DEC), which is a Department of Defense contract vehicle targeted at non-traditional defense suppliers. The first DEC project is a $42 million effort that involves academia and large defense prime contractors along with small- and medium-sized companies.

“We anticipate a multi-project solicitation will be available to DEC members in the next few months,” said Chris Peters, USPAE Executive Director. “The business changes we’re making will help us be better positioned for that and other opportunities.”

Launched in 2020, USPAE is a DC-based nonprofit industry association dedicated to ensuring the U.S. government has access to resilient and trusted electronics supply chains. Membership is open to companies, academic institutions and nonprofit organizations based in the United States or its allies. Members from across the electronics supply chain participate in a variety of programs, such as conferences, networking events, and funded projects.

For further information, visit www.USPAE.org or send inquiries to info@uspae.org.

CLINTON, NY — The next episode of Indium Corporation’s free webcast series, EV InSIDER Live, will examine the sudden proliferation of electric vehicle startups chasing one of the largest business opportunities in the last century.

The free webcast will be held on Thursday, Nov. 10 at 11:30 a.m. EST.

From electric vehicle OEMs, such as Rivian, Lucid Motors, and Fisker, to battery startups, such as Solid Power, ONE, and QuantumScape, or EV charging companies, such as Volta, WiTricity, and EVgo, there will likely be more losers than winners in the race for market and mindshare.

In the webcast EV Survivor: Which of the EV Startups Will Live or Die, Alexa St. John, transportation reporter for Business Insider who specializes in covering EV industry startups, will share her thoughts on the headwinds facing many of these startups and who some of the most likely survivors and next unicorn companies will be.

Co-hosted by Indium Corporation’s global head of e-Mobility and infrastructure, Brian O’Leary, along with Loren McDonald, will dive into key topics with St. John, including the following:
• What are the key hurdles and challenges facing these startups in today’s challenging economic and supply-chain constrained environment?
• What are the profiles, traits, and signs of success that companies in the EV space have that will most likely determine whether they die, survive, or thrive this decade?
• Which EV startups among the current crop will survive? Who has the capital, teams, backing, and supply-chain relationships to pull it off? Who is in trouble? And who are some of the sleeper companies in the EV battery and charging space?

Alexa St. John is a Detroit-based reporter covering electric vehicles, the future of the auto industry, and startups at Business Insider. Before joining Business Insider, she spent two years reporting on mobility and the global automotive supply chain at Automotive News. St. John also spent a summer reporting for the Wall Street Journal's Greater New York desk.

About EV InSIDER Live

EV InSIDER Live is a webcast series co-hosted by Brian O’Leary and Loren McDonald, which sheds light on the most pressing issues from across the dynamic and rapidly evolving electric vehicle landscape. Conducted in an approachable, conversational format suitable for business executives, casual observers, and seasoned engineers alike, each episode features a high-profile guest from the EV industry.

About Indium Corporation

Indium Corporation® is a premier materials refiner, smelter, manufacturer, and supplier to the global electronics, semiconductor, thin-film, and thermal management markets. Products include solders and fluxes; brazes; thermal interface materials; sputtering targets; indium, gallium, germanium, and tin metals and inorganic compounds; and NanoFoil®. Founded in 1934, the company has global technical support and factories located in China, Germany, India, Malaysia, Singapore, South Korea, the United Kingdom, and the U.S.

For more information about Indium Corporation, visit www.indium.com or email jhuang@indium.com. You can also follow our experts, From One Engineer To Another® (#FOETA), at www.linkedin.com/company/indium-corporation/ or @IndiumCorp.