© andreypopov dreamstime.com Business | October 31, 2019
POET’s sale of DenseLight Semi to close
POET Technologies Inc. announced the sale of its subsidiary, DenseLight Semiconductors Pte. Ltd. to DenseLight Semiconductor Technology (Shanghai) Co. Ltd. is scheduled to close on or before Friday, November 8, 2019.
According to a POET Technologies press release, increased scrutiny of foreign currency conversion applications by regulators in the Peoples Republic of China (PRC) have curtailed several forms of foreign investment by Chinese investors and prolonged the overseas direct investment (ODI) process. In this transaction, that manifested as a short delay in the ODI process and subsequent transfers needed to make the first tranche payment of USD 8 million to the seller. With a lengthy review process expected, and to ensure participation by all interested investors, the seller has agreed to receive the total purchase price of USD 26 million in three tranches. The two additional installments of USD 13 million will be made on or before December 31, 2019 and the final, for USD 5 million on or before May 31, 2020. The seller has also announced receipt of final approval for the transaction from the TSX Venture Exchange and confirmed that DL Shanghai will take over operating expenses of DenseLight Singapore starting November 1, 2019. POET Technologies is headquartered in Toronto, with operations in Ottawa, Silicon Valley, the United Kingdom, and Singapore.
Siemens expands IC verification portfolio with acquisition Siemens Digital Industries Software has acquired Fractal Technologies, a provider of production signoff-quality IP validation solutions, based in the U.S. and the Netherlands.
Taiwan power outage has no impact on memory fabs The Hsinta Power Plant in Taiwan’s Kaohsiung City was shut down unexpectedly at 2:37 p.m. on May 13 (today local time) due to malfunction. The effect of this incident has been felt across the entire island.
Sponsored content by Shenzen Kinwong ElectronicThe 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).
Kioxia expands two new facilities in Yokohama Memory specialist Kioxia is planning to invest JPY 20 billion (EUR 151 million) to expand its Technology Development Building at its Yokohama Technology Campus and to establish its new Shin-Koyasu Advanced Research Center.
Driving a unipolar gate driver in a bipolar way Question: Do you need a specialized gate driver to deliver positive and negative voltages?
Samsung boosts logic chip investments to $151 billion The South Korean electronics giant is increasing its investment in its logic business by adding another KRW 38 trillion, about USD 33.5 billion, to its previous commitment to invest KRW 133 trillion - bringing the total to KRW 171 trillion, about USD 151 billion, by 2030.
German components distribution experiences massive surge in demand German components distribution (according to FBDi e.V.) records almost 50% increase in order intake in the first quarter of 2021. Sales still slightly down at -6.1%. Components shortage prevents better result.
Monitor shipment for 2021 expected to reach 150M units Owing to high demand generated by the proliferation of WFH and distance education, monitor shipment for 2020 reached 140 million units, an 8.6% growth YoY, which represents the highest growth in about 10 years, according market researcher TrendForce.
ZEISS to acquire Capture 3D Zeiss plans to expand its national coverage in the US for its Industrial Quality & Research segment by acquiring Santa Ana, California-based Capture 3D, a US partner for GOM 3D non-contact measuring solutions.
MKS Instruments to acquire optical sensor specialist MKS Instruments has entered into a definitive agreement pursuant to which MKS will acquire Photon Control for CAD 3.60 per share, in an all-cash transaction valued at approximately CAD 387 million (EUR 263.85 million).
Sponsored content by Arrow ElectronicsArrow Electronics Tech Snacks put engineers’ time first Arrow Electronics is launching a new learning concept, Tech Snacks, that will provide engineers with the technical information and insight they need in a choice of formats that have been designed to match their demanding schedules.
The Tech Snacks concept will be introduced at an EMEA-wide program that will run from 7-18 June covering a wide range of electronic engineering topics. Individual panel discussions will focus on artificial intelligence and machine learning (AI/ML), automotive/electric vehicles, Industry 4.0 and 5G.
50 billion transistors on a fingernail-sized chip IBM has unveiled a breakthrough in semiconductor design and process with the development of the world's first chip announced with 2 nanometer nanosheet technology.
Diodes sets new revenue record The company is reporting first quarter revenue growth of 18% sequentially and 47% YoY, resulting in a record USD 413.1 million.
CEVA to acquire chip design specialist CEVA, a licensor of wireless connectivity and smart sensing technologies, will acquire Massachusetts-based chip design specialist Intrinsix for approximately USD 33 million in cash.
Helios Technologies to acquire the assets of Joyonway Helios Technologies, a motion control and electronic controls specialist, has entered into a definitive agreement to acquire assets related to the electronic control systems and parts business of Shenzhen Joyonway Electronics & Technology Co., Ltd and its related entities.
Sponsored content by ICAPE GroupICAPE Group Service Office in Asia In a context where traveling can be difficult, finding a good partner for your production of electronics parts can be a real challenge. With its unique organization and a Headquarters in China where all the key services are located close to the factories and fully operational, ICAPE Group provides a global solution.
Teledyne e2v starts cleanroom upgrade Teledyne e2v Semiconductors have laid the first stone to what will become the company's new upgraded semiconductor assembly and test cleanroom at the factory near Grenoble, France.
GaN IC company Navitas to go public GaN Power ICs specialis, Navitas Semiconductor, has entered into a definitive agreement to combine with Live Oak Acquisition Corp. II, a publicly-traded special-purpose acquisition company. The transaction, which values the combined entity at $1.4 billion, will result in Navitas becoming a publicly-traded company.
Physik Instrumente continues expansion in Asia Physik Instrumente (PI) is expanding its precision motion offering in the Asia-Pacific region having invested in a new R&D and manufacturing center in Changzhou, China to specifically focus on the local demands in the APAC region.
Overvoltage protection for RTD-based measurement ysstems Question: Is it possible to design a complete RTD module with overvoltage protection?
Ericsson and Samsung sign global patent license agreement Ericsson and Samsung have reached a multi-year agreement on global patent licenses between the two companies, including patents relating to all cellular technologies. The cross-license agreement covers sales of network infrastructure and handsets from January 1, 2021.
Jenoptik secures automation orders in North America Photonics company Jenoptik has secured new automation orders in the US and Canada in the first quarter of 2021 totaling more than 40 million USD that will help increase efficiencies in automotive manufacturing.
Infineon looking to increase supply of SiC material Infineon says that the company has concluded a supply contract with the Japanese wafer manufacturer Showa Denko K.K. for an extensive range of silicon carbide material (SiC) including epitaxy.
Sources: TSMC is planning five additional fabs in Arizona The worlds biggest semiconductor foundry is reportedly planning to build several new manufacturing facilities in the US, more specifically in Arizona.
Foxconn and Yageo team up to form a semiconductor JV Yageo Group and Foxconn (Hon Hai) Technology Group announces their plans to for a new semiconductor joint venture, XSemi Corporation, for the development and sale of semiconductors.Load more news