ASML names new CEO as Peter Wennink retires
ASML says that the company's Co-Presidents Peter Wennink and Martin van den Brink will retire from ASML in April 2024, at the end of their contracts. Christophe Fouquet is poised to take over the reins.
Alpine Research Optics acquired by Lithuanian firm
Altechna, a provider of laser optics and optomechanical assemblies from Lithuania has acquired Alpine Research Optics, situated in a hub of photonics research and technology in Boulder, Colorado.
What happened to Broadcom's track record?
Following the completion of the company's acquisition of VMware, Broadcom CEO Hock Tan said that the company has a long track record of investing in the businesses it acquires, and that this would continue with VMware. Come one week later, Broadcom is reportedly laying off staff.
EV Group expands production with new building
Austrian EV Group has recently completed the construction of a new expansion project, its new “Manufacturing V” facility, expanding the company's production capacity.
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TSMC considering third fab in Japan, running 3nm tech
The world's biggest semiconductor manufacturer is reportedly mulling a third fab in Japan, and according to people with insight the fab would make 3nm chips.
Intel’s global push – investing billions in new production
Since 2021, Intel has announced several massive projects – all in the multi-dollar scale – across the globe. From a USD 20 billion investment to build two new wafer fabs in Ohio, to a new USD 4.6 billion cutting-edge semiconductor assembly and test facility in Poland.
UCT Products Division, Chandler, relocates to new facility
Six legacy buildings have combined into one expansive space spanning 142,000 square feet.
STMicro goes green in Italy
Semiconductor manufacturer STMicroelectronics says it has signed a fifteen-year Power Purchase Agreement (PPA) for the supply of renewable energy to its operations in Italy.
Leuze expands with new US location
As part of its global growth strategy, sensor expert Leuze is moving to new premises in the USA. The US Leuze Sales, Production and Development departments will in future all be under one roof in Duluth, Georgia
EU, China, and France seek info on Nvidia's graphics cards
In late September, France's competition authority raided the office of a company suspected of having implemented anticompetitive practices in the graphics cards sector. The raid was later linked to Nvidia who is now providing an update on the matter.
Qualcomm invests $127 million in Irish expansion
US semiconductor company Qualcomm is investing USD 127 million to expand its R&D facility in Cork City, Ireland. The expansion is set to create 150 highly skilled specialist roles over the next four years.
EU and India to cooperate on semiconductors
The EU is teaming up with India on semiconductors. India and the EU have signed a Memorandum of Understanding (MoU) which sets out how the parties will cooperate to build robust semiconductor supply chains and collaborate on innovation.
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DARPA to fund the launch of a 3DHI hub in the US
The US Defense Advanced Research Projects Agency has pledged support for a 'next gen' microelectronics manufacturing centre to start next summer.
T-Hub unveils backing for 10 semiconductor startups
Indian incubator T-Hub has confirmed the list of companies to make its 'semiconductor cohort 2'.
Murugappa targets semiconductor assembly and testing market
Chennai-based Murugappa Group says it will invest USD 791 million over the next five years to compete in India's USD 15 billion semiconductor sector.
Florida pledges $28m to boost local chip manufacturing
Florida’s Governor Ron DeSantis has announced five workforce development projects to advance the region's semiconductor sector.
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