© alexey utemov dreamstime.com Business | February 07, 2019
Report: Renesas to lay off 1’000 employees
The Japanese chipmaker is reportedly looking to reduce its workforce by almost 1’000 employees by the end of June, as the company is trying compensate for a shrinking domestic market.
Nikkei Asian Review has learned that the company is planning on offering early retirement packages, mainly to its Japanese employees, focused on back-office, engineering and other staff all aged 35 or older. This reduction is said to be equivalent to about 5% of the company’s groupwide workforce and is also the first voluntary retirement program since 2014 when 1’8000 chose to take up the company offer. As reported by Nikkei, the company has been reporting annual profits ever since fiscal 2014, but the company been continuing to restructure and optimise its operations; just like we say in June when the company said it would close – and consolidate – its Yamaguchi factory and a portion the silicon production line of the Shiga factory. However, Japan’s share of the semiconductor market globally has been decreasing over the past decade and now the country hold less than half of what it did in the early 2000s. With that in mind, these moves can be viewed as part of a change in corporate focus.
ACM Research starts construction of new facility in Shanghai ACM Research, a supplier of wafer cleaning technologies for semiconductor devices, says that its operating subsidiary ACM Research (Shanghai), has begun construction of its new development and production facility in the Lingang Special Area of China (Shanghai) Pilot Free Trade Zone.
ALLOS Semiconductors has sold its high power electronics and RF business AZUR SPACE has acquired the electronics business of GaN-on-Si epiwafer expert ALLOS Semiconductors.
STMicroelectronics team up with Fingerprint Cards Swedish Fingerprint Cards has teamed with global semiconductor powerhouse, STMicroelectronics, to develop an advanced Biometric System-on-Card (BSoC) solution based on fingerprint-recognition technology.
U.S.: Cancellation of Preferential Treatment for Hong Kong to impact chip industry The U.S. Department of Commerce announced on June 29 that the newly instituted Hong Kong national security law by the Chinese government will increase “the risk that sensitive U.S. technology will be diverted to [the Chinese government]”; the Department therefore put a temporary stop to the preferential treatment the U.S. had afforded to Hong Kong.
Sponsored content by ASMASM Impact – Release Summer 2020: SMT technology leader presents new products in compact livestream ASM’s new releases for this summer are innovative, smart, and deliver great gains in productivity. ASM will present these new solutions, the premiere of the ASM Works software suite and many more innovations around the integrated smart factory in a compact livestream with expert chats and spin-off sessions.
Arm to strengthen focus on core semiconductor IP business growth Arm is looking to strengthen its focus on growth and profitability. To achieve this the company has proposed strategic organisational changes – which involves the transferring of businesses.
ROHM and Leadrive establish a joint laboratory ROHM and Leadrive Technology, a Chinese manufacturer of automotive powertrain for new energy vehicles, have already held the opening ceremony for their joint laboratory on SiC technology in the China (Shanghai) Pilot Free Trade Zone (Lingang New Area).
Imagination announces latest licensing deal with NXP Imagination Technologies says that NXP has extended its license for Imagination’s Ethernet Packet Processor (EPP) IP for use in S32 vehicle network processors.
Synaptics to buy rights to Broadcom’s Wireless IoT connectivity business Synaptics Incorporated has signed definitive agreements under which Synaptics will acquire certain assets and manufacturing rights associated with the wireless IoT business of Broadcom for approximately USD 250 million in an all-cash transaction.
Apple to start mass producing Mac SoC, projected to cost under US$100 According to the latest investigations by TrendForce, Apple officially unveiled its self-designed Mac SoC processors based on the ARM architecture in June, with the market release of the first Mac device with Apple Silicon (which broadly refers to chips designed by Apple) scheduled to take place by the end of this year.
Mini LED supply chain to benefit from Apple’s new 12.9-inch iPad Pro As Apple’s upcoming release of products featuring Mini LED backlight generates a growth in Mini LED demand, the company has also stimulated actors in the Mini LED supply chain to increase their production capacities.
National Instruments completes acquisition of OptimalPlus NI has officially closed the acquisition of OptimalPlus, a data analytics software provider for the semiconductor, automotive and electronics industries.
LeddarTech acquires VayaVision LeddarTech has acquired sensor fusion and perception software company VayaVision.
ON Semi to provide Danfoss with high power devices ON Semiconductor will supply Danfoss Silicon Power with high power IGBTs and diodes for inverter traction modules in the fast growing electric vehicle market.
X-FAB hit by cyber attack On the fifth of July, the mixed signal foundry expert, was the target of a cyber security attack.
UK and France on the map for Huawei Back in 2018, Huawei acquired 500 acres of land in Cambridge. Now the first phase of the Huawei Campus was approved by the local council and the company is gearing up to start the expansion. Adding to that, in late February, the Chinese telecom giant said it intends to build an automated factory will focus on 4G and 5G equipment in France.
Jenoptik is looking to accelerate growth with acquisition of TRIOPTICS Jenoptik is acquiring 100% of the shares in TRIOPTICS GmbH, a supplier of test equipment and manufacturing systems for optical components and sensors.
Global microelectronics market with overall stable development "Although the growth path of the global microelectronics market is intact, on a long-term trend-line, it declined by 12.1 percent to USD 412 billion in 2019," said Dr. Sven Baumann, ZVEI expert for microelectronics, sensors and actuators.
Jörg Doblaski takes on the role of X-FAB CTO X-FAB Silicon Foundries announced the appointment of Jörg Doblaski as its new Chief Technology Officer (CTO). He fills the role of former CTO Dr. Jens Kosch, who is becoming an X-FAB Fellow and will serve as an adviser to the company’s CEO Rudi De Winter.
GaN and SiC power semiconductor markets set to pass $1 billion mark in 2021 The emerging market for silicon carbide (SiC) and gallium nitride (GaN) power semiconductors is forecast to pass USD 1 billion in 2021, energised by demand from hybrid & electric vehicles, power supplies, and photovoltaic (PV) inverters.
POET and Sanan IC Inks LoI to form $50 million JV The proposed JV aims to disrupt the data center market using the POET Optical Interposer to achieve superior economics and scale.
SG Wireless designates Digi-Key as authorised distributor for the US SG Wireless, the IoT solutions arm of EMS provider Season Group, has added Digi-Key as an authorised distributor of its IoT products for the US.
Kioxia completes acquisition of LITE-ON Technology’s SSD business Kioxia Holdings Corporation says it expects to complete its acquisition of LITE-ON Technology Corporation’s Solid State Drive (SSD) business, Solid State Storage Technology Corporation and its affiliated companies on July 1, 2020.
II-VI licenses technology for SiC devices and modules for power electronic II‐VI Incorporated has singed an agreement with General Electric to license GE's technology to manufacture silicon carbide (SiC) devices and modules for power electronics.
Dialog Semi completes its acquisition of Adesto Dialog Semiconductor says it has completed the acquisition of Adesto Technologies Corporation (Adesto)), a provider of custom ICs and embedded systems for the IIoT market.Load more news
- X-FAB hit by cyber attack
- U.S.: Cancellation of Preferential Treatment for Hong Kong to impact chip industry
- Apple to start mass producing Mac SoC, projected to cost under US$100
- Arm to strengthen focus on core semiconductor IP business growth
- Fictiv and Jabil team up for agile 3D printing collaboration