Increased supply and weakened demand to lower NAND Flash prices
TrendForce’s latest findings reveal that NAND Flash products have been impacted by weaker-than-expected seasonal demand in the second half of 2024, leading to a decline in wafer contract prices in Q3.
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Wolfspeed bags CHIPS Act support for US expansion
The U.S. Department of Commerce and Wolfspeed have signed a non-binding preliminary memorandum of terms (PMT) for up to USD 750 million in proposed direct funding under the CHIPS and Science Act.
Mycronic receives order for an SLX mask writer
Swedish Mycronic has received an order for an SLX mask writer from an existing customer in Asia.
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GigaDevice GD32VW553 – MCU series with large capacity and numerous interfaces
GigaDevice's MCU series GD32VW553 offers developers a flexible and powerful platform The integration of Wi-Fi 6 and Bluetooth LE 5.2 enables fast and secure wireless connections. The extensive security features also ensure the protection of sensitive data and communication channels. The MCUs offer a large memory capacity with up to 4 MB flash and 320 KB SRAM, combined with a diverse range of general-purpose interfaces
Jabil to close Kentucky plant, 108 jobs lost
EMS provider Jabil is reportedly closing one of its three facilities in Florence, Kentucky, USA.
Ventec consolidates and upgrades its European operations
Ventec International Group has started consolidating operations and installing new facilities at its European production and logistics hub in Kirchheimbolanden, Germany.
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Foxconn adds two new lighthouse factories
The World Economic Forum (WEF) has recognised two more Hon Hai Technology Group (Foxconn) facilities as Lighthouse factories.
Veeco acquires NXG XII 600 From Nikon SLM Solutions
Manufacturer of semiconductor process equipment, Veeco, has acquired the NXG XII 600 system from Nikon SLM Solutions.
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ABB Robotics Molg to tackle data center e-waste
ABB Robotics is collaborating with US start-up Molg to create robotic microfactories to recover and recycle data center operators’ disused electronic equipment – otherwise known as e-waste.
NCAB completes the acquisition of DVS Global in Italy
NCAB has closed the acquisition of DVS in Italy which was announced on July 22, 2024.
Rain, Northern Graphite to jointly develop EV anode materials
As per the Joint Development Agreement (JDA), the two companies will jointly develop advanced battery anode material (BAM) for lithium-ion batteries used in electric vehicles.
Polestar CEO announces strategic review as EV deliveries drop
Polestar said it expects revenue for the full year to remain stagnant due to the difficult market conditions and import duties. Last year, it recorded a revenue of USD 2.38 billion.
Russia to spend $2.5 billion on domestic chipmaking tool tech
The initiative includes launching 110 R&D projects to reduce dependence on imported wafer fab tools and make chips on a 28nm-class process technology.
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The Effects of pH: Cleaning Agent Properties and Performance in Production
As cleaning agents evolve to meet customer and supplier environmental challenges, we take a closer look at the effect of pH cleaning agent properties and performance including material compatibility and rinsing behavior all while answering questions with SIR data.
IIT Madras, Hindustan Zinc partner to develop zinc-air battery tech
Compared to lithium, which is over four times more expensive, zinc offers a more affordable solution with better performance attributes.
Jabil opens 516,000 sqft manufacturing site in Croatia
Customers can enjoy close proximity to the European market through Osijek’s strategic location, with excellent air, road, sea and river port access, the US company said.
Merck KGaA opens SOD facility in South Korea
The spin-on-dielectric (SOD) application center has advanced tech for measuring and analyzing SOD materials coated on silicon dioxide films and will operate as part of Merck’s global R&D network.
China’s GAC considers making EVs in Europe
The Chinese state-owned automaker believes local production is one of the ways to dodge EU tariffs that come into effect in November.
ABB Robotics partners with Molg to create e-waste micro-factories
With global e-waste projected to rise to 75 million tons by 2030, the micro-factories will help reduce e-waste and make the data center sector operate more efficiently and sustainably.
UK’s largest battery energy storage facility goes live
The 200MWh plant is TagEnergy’s first transmission-connected BESS. The project is 100% owned and operated by TagEnergy. Tesla, Habitat Energy and RES are project partners.
Exide Industries invests $12 million in lithium-ion plant
The 12-gigawatt manufacturing plant will focus on the manufacturing and sale of lithium-ion battery cells, modules and packs, with an eye on India’s growing EV and stationary energy storage markets.
EV battery prices set to fall 50% by 2026
Technology advances that have allowed EV battery makers to increase energy density together with a drop in green metal prices will push battery prices even lower, according to Goldman Sachs Research.
Polish company’s technology set to revolutionize diagnostics
Founded in 2013, SDS Optic is poised to make a significant mark in the history of medical diagnostics with its technology. Based in Lublin, the company develops, manufactures, and commercializes innovative diagnostic devices. One of its most promising advances is in improving and accelerating breast cancer detection through its novel use of fiber optic technology. This effort has gained support from medical device manufacturing giant, Philips.
Jacobs secures design contract for CG Semi’s OSAT unit in Gujarat
As the project’s EPCS partner for the mini Line and the engineering partner for the main Line, Jacobs will play a critical role in helping CG Semi establish the semiconductor hub.
Vision 2050: Vietnam plans to set up over 20 semiconductor plants
Vietnam’s semiconductor industry is targeting a revenue of USD 25 billion by 2030.
France plans to cut assistance for EV purchases, raise penalties
Currently, USD 1.64 billion is allocated to the scheme, which includes a bonus of up to USD 7,634 for an electric vehicle and financing for leasing.
LG Energy Solution to supply batteries to Mercedes affiliate
LGES plans to supply Mercedes with its 1.8-inch cylindrical batteries, which will be produced at a new facility being built in Arizona, the company’s second standalone factory in North America.
Bosch, Tenstorrent to partner on standardizing automotive chips
The two companies aim to bring new silicon products to the automotive industry faster and at reduced costs by combining different quantities and types of chiplets to form complete processors.
Global PC shipments declined 1.3% in 3Q24
Worldwide PC shipments totalled 62.9 million units in the third quarter of 2024, a 1.3% decline from the third quarter of 2023, according to preliminary results by Gartner, Inc. This decline comes after three consecutive quarters of year-over-year growth for the PC market.
Cyient DLM expands footprint with acquisition of US EMS provider
Cyient DLM, an integrated electronics manufacturing company, has acquired Altek Electronics, a US-based EMS company.
KLA completes first phase of $200 million Singapore expansion
Electronics production equipment developer, KLA Corporation, has completed Phase 1 of its newest manufacturing facility.
Foxconn to build world’s largest Nvidia superchip facility
EMS-giant Foxconn says that it will build the world's largest manufacturing facility for bundling Nvidia’s GB200 superchips in Guadalajara, Mexico.
Zeiss opens semiconductor applications lab in Dresden
Zeiss has recently opened the Zeiss Microscopy semiconductor applications lab in Dresden, a new facility dedicated to addressing physical analysis challenges and pushing the limits of nanoscale analysis with the Zeiss Crossbeam focused ion beam-scanning electron microscope (FIB-SEM).
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