Canatu’s new factory was opened on 20 November 20129 in Vantaa, Finland. The new factory has room to increase the manufacturing capacity 150 times compared to the old Konala factory. In the new site, Canatu introduced the new CNB production line and one of Finland's largest clean rooms. The company has several design wins which will lead to mass production according to their customer's product plans. The first mass production case started in 2015.
The Avery Dennison Corporation (Glendale, California) announced a definitive agreement to acquire Smartrac’s Transponder (RFID Inlay) Division, for the purchase price of €225M, subject to certain closing and post-closing adjustments. The division is a leader in the development and manufacture of RFID products, with 2019 estimated global revenue of approximately €125M, or approximately $140M, and approximately 900 employees.
Despite the current slowing down of the overall economy, the organic and printed electronics industry continues to grow. This is the clear message to result from the latest business climate survey conducted by OE-A (Organic and Printed Electronics Association), a Working Group within VDMA (Mechanical Engineering Industry Association). 80 percent of survey participants expect the industry to continue its positive development in the coming year.
