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TDK to Acquire Micronas to Further Grow the Magnetic Sensor Business

TOKYO and ZURICH, Dec 17, 2015 – TDK Corporation (“TDK”, TSE: 6762) and Micronas Semiconductor Holding AG (“Micronas”, SIX: MASN) jointly announced today that the two companies have entered into a definitive agreement pursuant to which TDK will launch an all cash public tender offer for all publicly held registered shares of Micronas for CHF 7.50 per share. On a fully diluted equity-value basis, the transaction is valued at approximately CHF 214 million. This represents a 63.0% premium over Micronas’ closing share price on December 16, 2015, the trading day immediately preceding the pre-announcement of the offer, and a 69.7% premium to the volume weighted average price during the last 60 trading days prior to pre-announcement of the offer. TDK is endeavoring to further expand earnings from its five priority businesses in the three priority markets of automobiles, industrial material and ICT. TDK’s strengths in magnetic materials technologies have been broadly applied in its product lineup. In particular, magnetic sensors leveraging magnetic thin-film technologies nurtured in hard disk drive (HDD) magnetic heads are a strategic product line. Demand for the sensors has increased substantially, especially in the fields of automobiles and industrial material among TDK’s three priority markets of automobiles, industrial material and ICT. Among these, a sensor that uses a TMR element (TMR sensor), which has entered full-scale mass production this year, offers extremely high precision and is also able to be miniaturized. It has drawn widespread attention from in and outside of Japan as an optimal highly functional sensor, mainly for the automobile industry. Micronas is a leading supplier of hall-effect sensors for the automotive industry with more than 30 years automotive experience. Micronas today offers the world’s broadest range of hall-effect sensors and embedded motor controllers for the automotive and industrial market. Hall-effect sensors from Micronas are […]

Commsoft launches new corporate identity

Commsoft has launched a new corporate identity designed to emphasise its flagship OASES (Open Aviation Strategic Engineering System) product. Created by, and for, engineers, OASES is one of the most successful aviation engineering and maintenance systems in the world combining ease of use with highly sophisticated functionality. As part of a strategy to ensure a clear and consistent image across all media, a new logo has been designed to project a more modern feel whilst still retaining a link to the heritage of OASES. In addition, the identity has been carried through to a new-look website – optimised for SEO and for mobile platforms and better integrated with social media – as well as to a new LinkedIn page. There will also be a progressive updating of all OASES product and marketing literature. Structured in a modular format to allow for scala bility, OASES is continually being developed with the active participation of its more than 90 worldwide users, including national carriers, 3rd party maintainers, regional carriers, cargo specialists, charter operators and specialist rotable stockists. Reflecting Commsoft’s extensive capabilities in the key areas of data migration, training and interfacing to external systems, OASES can either be installed on a user’s own hardware or accessed through the company’s OASES Cloud service.

Rockwell Automation Reports Fourth Quarter and Full Year 2015 Results

Highlights • Fourth quarter sales down 10 per cent year over year; down 2 per cent organically • Fourth quarter Adjusted EPS of US$1.57; diluted EPS of US$1.50 • Full year Adjusted EPS of US$6.40, up 4 per cent despite 5 per cent lower sales; diluted EPS of $6.09 • Record fiscal year free cash flow and ROIC • Company increases dividend 12 per cent • Company provides fiscal 2016 Adjusted EPS guidance of US$5.90 – US$6.40 SINGAPORE – 13 November 2015 – Rockwell Automation, Inc. (NYSE: ROK) today reported fiscal 2015 fourth quarter sales of US$1,607.5 million, down 9.8 per cent from US$1,781.8 million in the fourth quarter of fiscal 2014. Organic sales decreased 2.3 per cent, and currency translation reduced sales by 7.6 per cent. Fiscal 2015 fourth quarter Adjusted EPS was US$1.57, down 16 per cent compared to Adjusted EPS of US$1.86 in the fourth quarter of fiscal 2014. Total segment operating earnings were US$335.8 million in the fourth quarter of fiscal 2015, down 15 per cent compared to US$395.8 million in the same period last year. Results in the fourth quarter of fiscal 2015 included US$12 million of restructuring charges. Total segment operating margin decreased to 20.9 per cent from 22.2 per cent a year ago, primarily due to lower operating margin in the Architecture & Software segment. On a GAAP basis, fiscal 2015 fourth quarter net income was US$201.3 million or US$1.50 per share, compared to US$248.7 million or US$1.79 per share in the fourth quarter of fiscal 2014. Pre-tax margin decreased to 17.3 per cent from 19.0 per cent in the same period last year. Full Fiscal Year 2015 Sales were US$6,307.9 million in fiscal 2015, down 4.8 per cent compared to US$6,623.5 million in fiscal 2014. Organic sales increased 1.1 per cent, and […]

VIDEO: Mitsubishi MRJ 1st Test Flight

MRJ Completes First Flight

Nagoya: Mitsubishi Aircraft Corporation and Mitsubishi Heavy Industries, Ltd. (MHI) today conducted the first flight of the first flight test aircraft for the MRJ (Mitsubishi Regional Jet), their next-generation regional jet. The MRJ took off from Nagoya Airport and confirmed its basic characteristics and functionality in ascent, descent and turning in airspace off the Pacific coast during its 1.5-hour first flight. “The MRJ successfully took to the sky today thanks to ongoing cooperation and support from all members involved,” said Hiromichi Morimoto, President, Mitsubishi Aircraft Corporation. “We will make our utmost efforts towards type certificate acquisition, committing all our resources to develop and produce the finest regional jet aircraft to enter commercial service in 2017.” “Operational performance of the MRJ was far better than expected. We had a significantly comfortable flight,” said Pilot Yasumura, who served as captain. Mitsubishi Aircraft and MHI will continue to conduct flight tests for the first delivery scheduled for the second quarter of 2017. The flight tests in the US are scheduled to start in the second quarter of 2016, from the MRJ base at Grant County International Airport at Moses Lake in Washington State. Going forward, Mitsubishi Aircraft and MHI continue to devote their collective resources towards the successful completion of the MRJ project.

MHIEC Receives Order to Refurbish 525 tpd MSW Incineration Plant in Nishonomiya City, Hyogo Prefecture, Japan

TOKYO – Mitsubishi Heavy Industries Environmental & Chemical Engineering Co., Ltd. (MHIEC), a group company of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from Nisihinomiya City in Hyogo Prefecture, Japan, to refurbish core components at the Nishinomiya Waste Municipal Refuse Disposal Center, a municipal solid waste (MSW) incineration plant. The order calls for refurbishment of a stoker type incineration plant(1) with a total capacity of 525 tons per day (tpd) to maintain the plant’s functionality, extend its service life, and further enhance energy conservation. The 2.48 billion yen project is slated for completion in March 2020. The existing MSW incineration plant was designed and constructed by MHI and completed in August 1997. The plant incorporates three stoker incinerators with capacity of 175 tpd each, and can generate up to 6 megawatts (MW) of electricity. The order just placed with MHIEC includes the replacement or refurbishment of superannuated equipment used primarily for incineration, combustion gas cooling, flue gas treatment and ventilation, as well as electrical and instrumentation systems. The refurbishment project will also target enhanced energy conservation, largely through the adoption of MHIEC’s proprietary new exhaust gas recirculation (EGR) low excess air combustion system and use of high-efficiency invertor motors in key equipment. With these measures the refurbished plant will be able to reduce CO2 emissions by more than 20%, or 2,200 tons of CO2 per year, to help curb global warming. Modification and improvement of existing MSW incineration plants are increasing to extend their operational lives and reduce their environmental impact. This trend has also accelerated since the Japanese national government introduced a subsidy system in 2015 to help extend operational life and enhance energy savings at local waste treatment facilities.(2) MHIEC took over MHI’s waste treatment plant business in 2008, acquiring MHI’s technological development capabilities in environmental […]

Coca-Cola Amatil Indonesia creates Windows 10 app for sales force

In the picture: Suyono Kurniawan, Solution Delivery Manager, PT. Coca-Cola Amatil Indonesia. 6 November 2015 – Coca-Cola Amatil Indonesia (CCAI) has announced that it aims to equip its entire sales force of 3,000 across Indonesia with complete access to e-Coaching, a Windows 10 app created to provide sales employees access to various facets of the business including visibility in the market, sales force productivity, engagement with its retailers, people development, and data accuracy. On the sidelines of Microsoft’s TechDays Indonesia 2015, Deborah Intan Nova (Debbie), HR and IT Director, CCAI, said: “The e-Coaching app ensures our product availability and in-outlet execution in order to deliver the best service and best products to customers, which is fundamental to us since CCAI’s vision is to create millions of moments of happiness and possibilities every day for our stakeholders, including our retailers and consumers.” Implemented in April 2015, e-Coaching replaced a more laborious and time-intensive system which involved the sales force requiring to jot down information about retailers using pen and paper, such as the refrigeration conditions and product availability, before manually entering it into the company’s system when they return to the office. With the e-Coaching app, the company sees improved data accuracy and efficiency by eliminating manual and paper-based data input, surveys, as well as duplications while providing CCAI with high-quality information for prompt follow-ups and further improvements. “Now, our sales force has a check-list of questions pre-programed in the e-Coaching app available on their Windows 10 tablets when they do their regular visits to retailers. They can review the retailers’ performance and work together with them to improve. They are also able to spend more time with the customer because all data input can now be submitted directly into CCAI’s database via the e-Coaching app,” Ms. Intan Nova said. “By […]

Henri Winand addresses Asia Clean Energy Summit on the importance of air quality

Singapore 27 October – Intelligent Energy is actively working with Singapore’s Asia Clean Energy Summit (ACES) this month (27-28 October) – the perfect platform to highlight the company’s increasing commercial and operational presence in the region and the vast opportunities for its proprietary fuel cell technology. Intelligent Energy’s key focus at the conference will be to highlight solutions to air quality issues in urban areas – an issue with which Singaporeans are well acquainted. Over the past two years, Intelligent Energy has established an operational hub in Singapore to foster relationships, unlock opportunities and build capability from an operational, business and technology basis. The company has been working closely with a number of strategic partners in the region including SMILE FC System Corporation in Japan, a joint venture established in 2012 by Intelligent Energy and the Suzuki Motor Corporation to develop and manufacture air-cooled fuel cell technologies for the motive sector. In addition, the company is working with high technology Singaporean partners, Manufacturing Integration Technology Ltd (MIT) and Sunningdale to supply key components for fuel cell systems for its Distributed Power & Generation (DP&G) and its Consumer Electronics division’s applications. This also includes working on various opportunities with Japan, Singapore, China and other Asian based partners in all three of its business divisions Motive, Consumer Electronics and DP&G. Intelligent Energy’s Chief Executive Officer, Henri Winand, will be addressing the delegates at ACES on the importance of adopting a portfolio approach to low carbon technologies. Dr Winand commented: “I am delighted to proactively support such an important event which builds on our commitment to our business activities in Singapore. Our presence and strategic partnerships reflects the increased importance of our activities across Asia. We see Asia as the leading region for fuel cell technologies and our recent announcements including a £1.2bn […]

Road Traffic Solutions for Phnom Penh, Cambodia Smart City Plan

TOKYO– Mitsubishi Heavy Industries, Ltd. (MHI) and Minebea Co., Ltd. (Minebea) signed a memorandum of understanding (MOU) to collaborate in the development of road traffic solutions based on information and communication technology (ICT) as part of a Smart City Plan for Phnom Penh which Minebea is now promoting, in the Kingdom of Cambodia. Minebea is currently undertaking the installation of approximately 9,000 high-efficiency smart LED street lights in five areas around Phnom Penh and Angkor Wat. The company plans to control the lights via a wireless network that will dim lighting automatically to enable significant reductions in energy consumption. The installation project is slated to be carried out within the framework of a Joint Credit Mechanism (JCM) established by the Ministry of the Environment Government of Japan. Minebea intends to promote the Smart City concept in Phnom Penh by enabling the street lights to also function as communication bases. Toward realisation of the Smart City concept, MHI will provide various technologies related to traffic control, and will jointly develop additional requisite technologies through close collaboration with Minebea. Minebea is the precision components manufacturer engaged in the machinery components business such as ball bearings and electronic devices and components business including LED backlights used for smartphones, small-sized motors, etc. Minebea manufactures the miniature-sized ball bearings having the outer diameter of up to 22 mm in which the company has the largest global market share. On top of that, Minebea has kept trying to take new challenges and initiatives such as entering into the wireless communications business as well as the markets for lighting and censors, and the like. MHI is one of the world’s leading heavy machinery manufacturers and operates more than 300 group companies in Japan and other countries. MHI’s diverse lineup of products and services encompasses various power generation […]

Power TechED unlocked technology challenges

Rockwell Automation’s inaugural educational event focused on power and energy. Power TechED was held in September at the Gold Coast Convention Centre, Queensland. Advances in technologies such as the Internet of Things, are enabling machines to get smarter and meet endusers networking, integration, diagnostics and intelligence demands. Power and energy applications are no exception. Motors and drives are gaining improved integration and connectivity. Energy monitoring and efficiency technologies are advancing their real time data capabilities and mobility. To remain competitive, organisations need to keep informed of the latest technology advances. “Power TechED was an educational event that fills a gap in the market by covering the power centric industries and applications, said Matthew Treeby, commercial marketing manager at Rockwell Automation. “Featuring hands-on labs, workshops and presentations, Power TechED appealed to people from a wide variety of industries such as food & beverage and manufacturing through to mining and heavy industries, all under the one roof,” he explained. Attendees chose from four streams of learning: Intelligence, Industry, Power Quality & Energy and Safety & Motion. Experts from a wide range of industries were on hand to share experience on electrical standards, industry applications and new innovations. “The agenda specifically addressed evolving trends and technology in this space. One example is the opportunity to leverage the intelligence that already exists in many “smart” motor control and energy devices today. This information can deliver real actionable insights provided it reaches the right people but it also creates a skills gap where traditional power engineers and electricians need to be aware of networking and automation,” said Treeby. “Power TechEd offered hands on Ethernet networking and automation workshops to assist users update their skills in these areas. This allows organisations to leverage real time decision making for improved productivity.” Power TechED is a collaborative event […]

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