Semiconductor equipment billings down 11% in Q3
New data from SEMI says 'softening chip demand' reduced industry billings to USD 25.6 billion in the third quarter of 2023.
Lumotive expands global partner network for lidar tech
Optical semiconductor specialist Lumotive has added new distribution partners across China, South Korea, and Europe. It says the expansion will meet demand for its next-gen 3D sensing solutions.
SEMI unveils low-carbon energy body in Asia Pac
SEMI and the Semiconductor Climate Consortium (SCC) have created the Energy Collaborative (EC) to advance low-carbon energy sources in the Asia-Pacific region.
US confirms program to protect domestic semiconductor IP
Washington has unveiled its new Semiconductor Technology Pilot Program, which will speed up patent applications for semiconductor manufacturing innovations.
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Measuring soil moisture with the endrich IoT ecosystem
The latest development in the endrich IoT ecosystem is the integration of neo.mesh, a wireless ad-hoc network technology from NeoCortec. This design offers a possible solution to collect data from physical networks consisting of many sensors and transfer it to a cloud-based database. This scalable, durable, independent and battery-powered local network of intelligent sensor nodes is ideal for agricultural applications. Instead of direct sensor-cloud communication, which requires multiple internet connections, a secure local sub-gigahertz network with a single connection to the World Wide Web is sufficient.
Finland's electronics industry is more than just ICT
Finland has previously been referred to as the world’s telecommunications test laboratory. With the history of Nokia and the rich ICT sector, it’s often believed that this is what the Finnish electronics industry has to offer – but it is actually so much more.
TCL Technology closes semiconductor division
China's electronics conglomerate TCL is reported to have dissolved its Moxing Semiconductor joint venture.
German court ruling 'could cost Intel billions'
A decision to cancel German government funding of climate-related projects is threatening Intel's plans to build manufacturing plants in Saxony-Anhalt.
US assigns $3bn to domestic advanced packaging sector
The US government's CHIPS for America program has confirmed it will set aside $3bn for the country's advanced packaging industry in 2024.
EAM invests $650M in new US anode materials plant
Epsilon Advanced Materials (EAM), an Indian battery materials company, plans to build a USD 650 million graphite anode manufacturing facility in Brunswick County, North Carolina.
Renesas extends tender offer for acquisition of Sequans
Renesas and Sequans announced on November 20 that Renesas has extended the expiration date of its tender offer to acquire all of the outstanding ordinary shares of Sequans.
Hexatronic revises its outlook and looks to cut costs
Swedish Hexatronic Group is downgrading its short-term outlook and expects that the EBITA margin, excluding restructuring costs, will amount to 12-14% for the second half of 2023. Furthermore, the Company is initiating a cost-saving program expected to result in annual savings of approximately SEK 90 million (EUR 7.8 million).
Evertiq grants scholarship to support future talents
The electronics industry is currently facing a skill shortage and the future of the industry depends on future engineers, thus it depends on the education of students. For that very reason, Evertiq is launching a scholarship – to be handed out for the very first time during Evertiq Expo Tampere on the 29th of November.
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Unlocking the Future of PCB: Bridge the Skills Gap and Nurture Next-Gen Talent
In today's highly-digital environment, embracing innovation and technology is no longer a choice but a necessity. The PCB industry is no exception. With a rising skills gap, the PCB industry faces an increasingly ageing workforce and retirement, so the loss of specialised skills and experiences is expected. This shortfall not only pressures the present but the outlook.
Average selling price for semiconductors rose 3.6% in 3Q
Prices in the semiconductor space are on the up, with the average hitting USD 0.568 per unit in 3Q23.
Enovix completes acquisition of Routejade
Enovix Corporation, an advanced silicon battery company, has completed the acquisition of privately held Routejade, a South Korean battery manufacturer.
Production ramp-up at Balluff Mexico
In late October Balluff opened its new production facility in Aguascalientes, Mexico. The new smart factory will enable the sensor and automation specialist to achieve its planned growth while creating resilient supply chains.
SMIC reports 80% slump in 3Q profits
China's largest chipmaker SMIC has blamed weak demand and ongoing restrictions imposed by the US for a huge fall in quarterly profits.
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