Falling PC sales forces Dell to cut 6,650 jobs
Dell Technologies is feeling the declining demand for PCs. And as a consequence, the company will reduce its workforce by about 6,650 employees.
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Incap invests in new Mirtec 3D AOI system from Bentec
Incap Electronics UK Ltd. has purchased a Mirtec MV-3XL OMNI with increased maximum PCB load size, angled cameras and Z-axis via Bentec Ltd.
GlobalWafers wants Crystalwise's shanghai subsidiary
GlobalWafers has disclosed that it will sign the letter of intent with Crystalwise Technology to acquire 100% of its subsidiary, Shanghai Sawyer Shenkai Technology Material, for up to RMB 100 million (about USD 14.75 million).
Global semiconductor sales Increase 3.2% in 2022
Worldwide industry sales totaled a record USD 573.5 billion in 2022, but sales slowed significantly during the second half of the year.
Nordic Semi has ambitious plans for Bristol expansion
Norwegian fabless manufacturer Nordic Semiconductor, is moving into a new Bristol office development.
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Gémosz expands technologically and physically
Over the last few years, the Hungarian EMS provider has recorded business growth of above 25% on average.
Infineon ends 1Q23 on a high note – raises its outlook
"Infineon is staying on course in choppy waters, and the first quarter of our 2023 fiscal year has been very profitable. Substantial parts of our business have proved robust even in a weaker macroeconomic environment," says Jochen Hanebeck, CEO of Infineon.
Is there still a chip shortage?
Depending on who you ask, and the focus of that company, you will get different answers. But in general, the short answer is; No.
ASM to invest $100 million in its South Korean operations
ASM says that it intends to invest around USD 100 million in its manufacturing and innovation center in Dongtan, South Korea, by 2025, following the signing of a Memorandum of Understanding between ASM and the country's Ministry of Trade, Industry and Energy (MOTIE).
Integra selects Kansas for OSAT semiconductor project
U.S. Outsourced Semiconductor Assembly and Test (OSAT) company, Integra Technologies and Kansas Governor Laura Kelly jointly announced that the State of Kansas approved Integra's Attracting Powerful Economic Expansion (APEX) incentive application.
Marelli wins a major BMS supply contract
Marelli has been awarded an important contract to supply its Battery Management System (BMS) to an unnamed major global carmaker, from 2026.
Macom to acquire assets and operations from Ommic SAS
Macom Technology Solutions has entered into a definitive agreement – via one of its French subsidiaries – to acquire the assets and operations of French semiconductor manufacturer Ommic SAS for EUR 38.5 million.
LG Innotek prepares for mass production of FC-BGA substrates
The South Korean company is gearing up for mass production of flip chip ball grid array (FC-BGA) substrates in the fourth quarter of 2023, accelerating its push into the high-end substrate market.
TopLine installs Hentec/RPS system
TopLine Corporation has installed a Hentec/RPS Odyssey 1750 robotic hot solder dip component lead tinning system at their Orange, California facility.
Veeco acquires Epiluvac AB
Veeco Instruments has acquired Epiluvac AB, a privately held manufacturer of chemical vapor deposition (CVD) epitaxy systems that enable advanced silicon carbide (SiC) applications in the electric vehicle market.
Western Digital gets $900 million investment
Memory chip maker Western Digital says that it will receive USD 900 via a convertible preferred stock deal from Apollo Global Management and Elliott Investment Management.
ESD-Center acquires Krepro
ESD-Center AS has reached an agreement with Mr. Arne Wiik and obtained his trust to take over and continue to grow Krepro AS, which he has successfully built up over the last 40 years.
ams Osram stands to benefit from Apple adopting micro LED
According to TrendForce, Apple is expected to adopt Micro LED for its consumer electronic products in the close future.
Margus Jakobson to head Incap Estonia
Margus Jakobson, interim Managing Director of Incap Estonia, has been appointed member of Incap Group’s Management Team as well as Director of Operations Estonia and Managing Director of Incap Estonia as of the first of February 2023.
EMS provider to close factory in the UK – 100 jobs lost
At the end of March 2023, Fabrinet UK will close its factory in Calne, Wiltshire, which means that 100 employees will lose their jobs.
Flip Electronics acquires manufacturer of obsolete semiconductors
Flip Electronics, an independent franchised distributor of semiconductor components, is acquiring Resurgent Semiconductor.
Infinite Electronics completes its acquisition of CCG
Infinite Electronics has completed the acquisition of Cable Connectivity Group (CCG) from Torqx Capital Partners and TKH Group NV.
STARTEAM to start mass production at new Thai factory in Q2
STARTEAM GLOBAL's new PCB factory in Thailand adds significant manufacturing muscles to the company.
Intel pulls the plug on Oregon investment as it cuts cost
Back in May 2022, Intel announced that it would invest USD 700 million to build a “mega lab” in Hillsboro, Oregon. That plan has now been scrapped as the company is looking to reduce costs.
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