The global power electronics market was valued at $12.87 billion in 2015 and is expected to witness a CAGR of 6.2% from 2016–2022, according to a report from P&S Market Research. [ + ]

The TULIPP project — an initiative targeting the development of high-performance, energy-efficient embedded systems for the growing range of increasingly complex image processing applications — has been announced by the European Union. [ + ]

Avnet has announced its acquisition of Premier Farnell in an all-cash merger for £1.85 ($2.95) per share, which equates to an equity value of approximately £691 million ($1.10 billion). [ + ]

Japanese scientists have demonstrated the potential of a new, thin-film ferroelectric material that could improve the performance of next-generation sensors and semiconductors. [ + ]

The IEC Lord Kelvin Award, claimed to be the highest global prize in electrotechnology, has been awarded to Uwe Kampet of BSH Home Appliances, Germany. [ + ]

STMicroelectronics is collaborating with WiTricity, a pioneer in wireless power transfer over distance, in the development of semiconductor solutions for magnetic-resonance-based wireless power transfer. [ + ]

electronica, an international trade fair for electronics, enables attendees to see the components, systems and applications that make new developments such as smart homes and connected cars possible. [ + ]

US scientists have claimed that 2D materials like graphene may be too flat and hard to stretch to serve in flexible, wearable devices. [ + ]

Chinese scientists have reported the first fibres suitable for weaving into tailorable textiles that can capture and release solar energy. [ + ]

The market for medical electronics is expected to reach US$4.41 billion by 2022, according to market research firm MarketsandMarkets. [ + ]

STMicroelectronics has revealed its contributions to an intelligent toothbrush system from Oral-B, with the motion-sensing and control chip inside the toothbrush helping to develop healthier brushing habits. [ + ]

Digital security company Gemalto has won a 2016 Future Digital Award from Juniper Research for its Celego contactless wristband. [ + ]

Analysts from Lux Research have ranked the global hotspots for wearable electronics innovation based on three broad criteria: research and development, funding and adoption. [ + ]

Germany's Ferdinand-Braun-Institut (FBH) has announced novel developments and advancements in its diode lasers and UV light-emitting diodes (LEDs). [ + ]

MIT researchers have collaborated with infrastructure contracting company Forrevial in developing a monitoring system for streetlights that is inexpensive and highly automated. [ + ]