Mechanics (MCHB) news

PGIM to merge PGIM Jennison focused value fund into PGIM Jennison focused value ETF

PGIM announced on October 14, 2026, that it will merge the PGIM Jennison Focused Value Fund into the PGIM Jennison Focused Value ETF, effective as of a yet-to-be-specified date . The move is part of the firm’s broader strategy to streamline its investment offerings and enhance accessibility for…

ImportantSamsung Electro-Mechanics to invest $1.84 bln more to expand semiconductor substrate production in Vietnam's Thai Nguyen, local authority says

H&M: No indications data environment has been compromised

On June 4, 2025, H&M experienced a significant system failure that disrupted payment processing across its UK stores, leaving customers unable to complete purchases for several hours. The issue, which affected multiple locations including a London branch, was attributed to problems with the…

Samsung Mechanics wins order from global company

Samsung Electro-Mechanics has secured a significant contract to supply multilayer ceramic capacitors (MLCCs) for artificial intelligence servers, valued at 1.07 trillion won ($782.23 million), marking its largest single order to date . The long-term supply agreement, signed with a major global…

Samsung Mechanics signs 285.6 bln won contract :09150 KS

Samsung Mechanics Co. has secured a contract worth 285.6 billion won, according to a report from the Korea Stock Exchange (09150 KS). The contract, which was disclosed on October 5, 2026, marks a significant development for the company, reflecting ongoing demand for its industrial and mechanical…