Slump in both volume and price leads to enterprise SSD revenue falling by nearly half
TrendForce reports that an amalgamation of off-season effects and high inflation caused a slump in purchasing enthusiasm in markets like North American server ODM and China. This led to a surge in Q1 inventory levels for enterprise SSD suppliers, contrary to the anticipated reduction.
US lawmakers consider rules to limit investment in Chinese semiconductors, AI and quantum computing
Treasury department says it is reviewing how it grants export licences to US firms that work with the Chinese.
Marquee Semiconductor confirms acquisition of India's Semikunn Technology Services
US company says the purchase will expand its design services portfolio.
CONFIDEE expands its presence in Germany
Europe's youngest PCB player is expanding its presence in continental Europe with the appointment of Patrick Sandberg as Sales Manager Germany.
Broadcom expects AI to contribute a quarter of its semiconductor business revenue in fiscal 2024
Chip company says the explosive impact of ChatGPT has triggered a surge of orders for semiconductor that underpin the technology at big data centres.
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The U.S. CHIPS Act is already making an impact - Evertiq Expo Malmö, Krakow & Berlin
While the EU equivalent still hasn’t officially been launched, the U.S. CHIPS Act has already sparked USD 200 billion in private investments across the country. But where are all of these new fabs going to be built?
Hyundai Mobis starts construction of a EV dedicated battery system plant in Indonesia
The car parts specialist will invest USD 60 million into the new facility, which will supply battery systems for flagship EV models from 2024.
Carlyle to acquire optical tech specialist Meopta Optika
Global investment firm says it will help the Czech company to expand its range of target markets, international presence, sales network and operations.
South Korea's Hanmi Semiconductor launches subsidiary in Vietnam
The move by the chip equipment maker is more evidence of Vietnam’s emerging status as a major production hub for global semiconductor firms.
Rapid Manufacturing expands its footprint in Malaysia
US electronics manufacturing company, Rapid Manufacturing, is expanding its operations in Kulim, Kedah, Malaysia. The company is adding a new facility with which it will continue to serve its customers in the aerospace, telecommunication, medical, semiconductor, automotive, and industrial automation sectors.
Jensen Huang feels “perfectly safe” relying on Taiwan for Nvidia’s production
Nvidia’s CEO Jensen Huang has stated that he feels "perfectly safe" relying so much on Taiwan for manufacturing the company’s chips.
Navitas Semiconductor investment program 'could support an additional $200m in annual production'
The US power-semiconductor company is kicking off its new investment program with $20 million to enable a three-reactor SiC epi-growth facility at its US HQ.
DIC acquires photoresist polymers manufacturer PCAS Canada
DIC Corporation has acquired 100% of the shares of Quebec-based PCAS Canada Inc. from French-based company PCAS S.A., which manufactures and sells polymers used in photoresists for semiconductor photolithography.
ScandiNova acquires Microwave Amps
Swedish developer and manufacturer of high-end pulsed power systems, ScandiNova Systems AB, is acquiring Microwave Amps, a UK-based producer of advanced RF amplifiers used in high energy physics, medtech, radar, and various industrial applications.
Renesas completes acquisition of Panthronics
Renesas Electronics has successfully completion of acquiring Panthronics, a fabless semiconductor company specialising in high-performance wireless products.
Production resumes at Lacroix following cyberattack
Earlier in May, Evertiq reported that electronics manufacturer Lacroix had fallen victim to a cyberattack. The group is now reporting that it has partially restarted production at its Electronics activity sites in Tunisia (Zriba), France (Beaupréau) and Germany (Willich) as of May 17.
Wrekin Circuits expands capacity and flexibility
UK-based fast turn bare board fabricator Wrekin Circuits reports that it has optimised its electrical test capability with the addition of a third Flying Probe test machine at the Telford site.
US DoD accredits GF's fab in New York
The US Department of Defense (DoD), through the Defense Microelectronics Activity (DMEA), Trusted Access Program Office (TAPO), has accredited GlobalFoundries’ advanced manufacturing facility in Malta, New York, as a Category 1A Trusted Supplier with the ability to manufacture secure semiconductors for a range of critical aerospace and defense applications.
Veoneer completes sale of Active Safety business to Magna
Automotive technology company Veoneer has completed the sale of its Active Safety business to mobility technology company Magna. The transaction was first announced on December 20, 2022.
Tata Electronics has raised a $92m war chest to fund its electronic component activity
Regulatory filings show the Indian group raised the capital from secured loans and its parent holding company Tata Sons.
Nicomatic opens new testing laboratory
As part of its design and development process for rugged, harsh environment and hi-rel applications, interconnect systems manufacturer Nicomatic subjects its products to stringent environmental, mechanical and electrical tests. Now, the company has opened a new materials testing laboratory offering these test and qualification services to customers with demanding applications.
Kioxia starts operation at two new R&D facilities
Kioxia has officially started operation at two new R&D facilities — its flagship building at the Yokohama Technology Campus and the Shin-Koyasu Technology Front — strengthening the company’s R&D capabilities in flash memory and SSDs.
Macom establishes European semiconductor centre
Macom Technology Solutions Holdings has completed the acquisition of the key manufacturing facilities, capabilities and technologies of Ommic SAS. Going forward, the facility, which is located near Paris in Limeil-Brévannes, France, will become the foundation for Macom's newly established European semiconductor centre.
Jaltek names new CFO
UK-based EMS provider Jaltek has appointed Simon Wallington as the company's new Chief Financial Officer.
Total NAND Flash revenue falls 16.1% in 1Q23
TrendForce’s recent analysis reveals that purchasing momentum in the NAND Flash market has decelerated during 1Q23.
Mycronic receives order for an SLX mask writer
Mycronic has received an order for an SLX mask writer from an existing customer in Asia.
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