Marvell to invest $250 million in India, expand Bangalore facility
The expanded footprint is expected to strengthen the US company’s global innovation network, supporting the design and development of advanced semiconductor solutions for AI, cloud and data infrastructure applications
German auto supplier ZF improves profitability in H1 2026
The company increased its adjusted EBIT margin to 5.0% in the first half of 2026, up from 4.3% in the previous-year period. While sales declined 2.0% on a nominal basis, ZF achieved organic growth of 0.5% despite a challenging market environment.
IonQ receives approval to complete $1.8B acquisition of SkyWater
Following the close of the transaction, SkyWater will continue to serve a full range of customers as a US-based semiconductor foundry, operating as a wholly owned subsidiary of IonQ under the SkyWater name.
UMC reports 17% increase in YoY second quarter revenue
Second quarter consolidated revenue was NT$68.73 billion, increasing 12.6% from NT$61.04 billion in 1Q26. UMC’s Board of Directors has approved a plan to expand cleanroom capacity at its Singapore P4 facility and to construct a new fab in Taiwan.
Worldwide silicon wafer shipments increase 7.4% in Q2 2026
SEMI Silicon Manufacturers Group (SMG) has reported that worldwide silicon wafer shipments increased 7.4% year-on-year to 3,573 million square inches (MSI) from the 3,327 MSI recorded during the same quarter of 2025.
Report: BMW aims to cut 8,000 jobs by end of 2027
BMW is the latest German carmaker to announce job cuts, following similar moves by Volkswagen, Mercedes and Volkswagen-owned Audi.
EU, India strengthen strategic partnership with third TTC
The meeting reviewed progress under the Trade and Technology Council’s (TTC’s) three work strands: digital connectivity and strategic technologies; clean and green technologies; and trade, investment and resilient value chains.
German battery maker Varta files insolvency applications
Key creditors, such as Deutsche Bank, intend to take over Varta’s household battery business, while Tojner has expressed interest in the micro-battery division.
India’s Sigma Advanced Systems acquires Bromford for $16M
UK-based Bromford’s capabilities complement Sigma’s expertise in manufacturing larger components for the same OEM customers, giving the combined platform a deeper full-range product offering for global aerospace and power generation customers.
Anglia sounds alarm bell on CEM/broker ‘cartel’
The issue centres on how blurred lines between manufacturing, distribution and open-market sourcing affect company governance. Anglia said it believes in forging strong, three-way supply chain partnerships between component manufacturer, the customer and the distributor.
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