© vladek dreamstime.com
Business | March 25, 2019
Renesas gets CFIUS approval for IDT buy
Renesas and IDT have received final regulatory approval for Renesas’ proposed acquisition of IDT. The acquisition is expected to close at the end of March 2019.
Renesas Electronics Corp. has received notification by the Committee on Foreign Investment in the United States (CFIUS), that the investigation of the companies’ proposed merger transaction is complete. There are no unresolved national security concerns with respect to the transaction, a press release from Renesas states.
The approval by CFIUS was the last outstanding regulatory authorisation required to complete the transaction. Antitrust clearance decisions have previously been obtained for the transaction from antitrust authorities in China, Germany, Hungary, South Korea and the United States. IDT stockholders have already voted to adopt the merger agreement and approve the transaction in January 2019.
All necessary regulatory approvals for the acquisition have now been received and the transaction is expected to complete on March 29, 2019 PDT, subject to customary closing conditions.
ams' DPLTA with OSRAM in full force
ams says that the Domination and Profit and Loss Transfer Agreement (DPLTA) between its subsidiary ams Offer GmbH, and OSRAM Licht AG became effective on March 03, 2021.
Farnell signs new agreement with passive component giant
Farnell, an Avnet Company, has signed a new global franchise agreement with Yageo, extending its existing relationship to give customers access to the full product range.
Sponsored content by Shenzen Kinwong Electronic
The development trend of printed circuit board products and Kinwong's solution
With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
Moov attracts funding from Mark Cuban, NFX and more
Moov, a marketplace for pre-owned manufacturing equipment, has added USD 2 million in investments from venture capitalist firm NFX, Mark Cuban, Nat Turner, and Zach Weinberg, co-founders of Flatiron Health, and other strategic angels.
GlobalFoundries to invest $1.4 billion to increase its output
The semiconductor foundry is planning to invest USD 1.4 billion in order to increase production at three of its manufacturing facilities located in Germany, Singapore and the US.
NAND Flash revenue shows mere 2.9% QoQ decline in 4Q/20
The quarterly total revenue of the NAND Flash industry came to USD 14.1 billion in 4Q20, showing a QoQ drop of 2.9%, according to TrendForce’s latest report.
David versus Goliath - Europe's standing on the global market
Europe's world market share of electronics is falling and is on its way to 8%. To put this in perspective, Apple and Samsung each claim the electronics annual demand of all of Europe - a single company as much as all of Europe!
Hirose Electric USA names new president and COO
Hirose Electric USA has named Shinya (Sid) Tono as its new President/COO effective April 1, 2021.
Linton expands in China - increases capacity amidst shortage
Last month, Dalian Linton NC Machine opened a more than 70'000 square metre research and design center and manufacturing base in Xishan, Wuxi, China.
Harman acquires 5G Edge and V2X specialist Savari
Samsung subsidiary, Harman International, is acquiring Silicon Valley-based automotive technology company, Savari, a developer of vehicle-to-everything communications (V2X) technology in 5G Edge and automotive devices.
Marvell and Fujitsu partner to deliver 5G baseband technology
Fujitsu has selected Marvell's baseband processor silicon to power its new 5G New Radio (NR) base station offerings.
With the shortage still weighing heavy ADI delays fab closure
In January Evertiq reported that Analog Devices was planning to permanently close its facility Milpitas, California.
Tower Semi invests to expand its manufacturing capabilities
The company is planning a capacity expansion for 200mm and 300mm to answer the exceeding demand forecast.
Synchronous Rectification on the Secondary Side
Question: How can I increase the efficiency of my isolated power supply?
Biden to push for $37 billion to boost chip manufacturing
US President Joe Biden has responded to the industry’s call to reinvigorate domestic semiconductor manufacturing. The president is pushing a USD 37 billion bill to identify solutions to the semiconductor shortfall.
Kioxia starts the expansion of its Yokkaichi Plant
Kioxia has started the construction of new fabrication facility at its Yokkaichi plant, located on the Mie Prefecture, Japan, to support the production of sixth-generation 3D flash memory.
Mycronic receives US order for two SLX systems
The Swedish technology company has received an order for two SLX mask writers from an unnamed, but existing customer in the USA. The total order value is between USD 8 and 12 million.
HP to acquire HyperX in a $425 million
HP Inc. has entered into a definitive agreement to acquire HyperX, the gaming division of Kingston Technology Company, for USD 425 million.
TSMC ranks in Top10 in three wafer size categories
As of December 2020, only TSMC—the world’s largest foundry—was listed among the wafer capacity leaders in each of the three wafer size categories. It had the most 200mm wafer capacity last year and ranked second, trailing only Samsung, in 300mm wafer capacity.
SK Hynix ink $4.3 billion deal with ASML
The Dutch supplier of semiconductor equipment has signed a five-year long deal, worth USD 4.3 billion, with SK Hynix as the South Korean company works to secure equipment to boost it output.
Microchip invests $20M in new Irish development centre
Up to 200 new engineering jobs will be created in Cork, Ireland as Microchip Technology invests USD 20 million to create a new development centre.
Load more news
