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TDK Corp S/ADR (symbol: TTDKY) is a leading provider of electronic solutions, offering a wide range of products like capacitors, inductors, ferrites, power supplies, and factory automation systems. With a global network of sales, engineering, and R&D, TDK serves customers worldwide. Recently, TDK Ventures Inc., a subsidiary of TDK Corporation, announced co-hosting of Energy Week 2023 with Climate Investment, focusing on decarbonization investments. The event brings industry experts together to discuss sustainable energy solutions and global transformation.
TDK (TSE:6762) has announced Joseph Bousaba as the new Chief Executive Officer (CEO) of InvenSense and General Manager (GM) of TDK 's MEMS Sensors Business Group. Bousaba succeeds Omar Abed, who stepped down for personal reasons effective October 1, 2024. Abed plans to return to TDK in a new position in 2025.
Bousaba, previously Chief Business Officer for InvenSense, Inc., has over 18 years of senior leadership experience in the semiconductor industry. He joined TDK in November 2019 after serving as Vice President of Consumer IoT and Smart Home at Qualcomm. Bousaba expressed commitment to partner-first values and strategic vision, aiming for ongoing innovation and growth.
While the leadership change is effective immediately, Abed and Bousaba are working together to ensure a smooth transition and continuity for partners and employees.
TDK (TSE: 6762) has announced the formation of TDK SensEI Pte. , a new AI venture focused on industrial machine health through edge AI and sensor fusion. Headquartered in Singapore, TDK SensEI aims to address the growing market at the intersection of AI and sensor fusion at the edge, particularly for Industry 4.0 solutions.
The company will leverage TDK's 85 years of experience in magnetic and electronic materials, combining multiple TDK assets with existing production-released solutions. Sandeep Pandya, an experienced entrepreneurial leader in AI and deep tech, has been appointed as CEO. TDK SensEI will target manufacturing, heavy industry, and renewable energy markets, offering integrated platforms that fuse multiple sensors and AI technologies at the edge to maintain production uptime.