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Business | October 13, 2020
ASM's CFO, Peter van Bommel, to retire
Chief Financial Officer, Peter van Bommel, has notified the Supervisory Board of ASM of his wish to retire from the company at the next Annual General Meeting to be held in May 2021.
Peter van Bommel joined ASM in 2010 as CFO and Member of the Management Board.
“It has been a true pleasure to help shaping ASMI over the past decade. After having been in the job for more than 10 years I feel that it is time that someone else takes over my responsibilities. ASMI is stronger than ever and well prepared for further growth that will benefit our customers, employees, shareholders and other stakeholders,” the departing CFO says in a press release.
Jan Lobbezoo, Chairman of the Supervisory Board, adds: “Although with regret, I respect the decision taken by Peter and highly appreciate his significant contributions to the growth and development of ASM over the past ten years and thus bringing the company to the excellent state it is in today.”
The company says that the search for a successor will now start and that further announcements will be made in due corse.
Cree expands its operations leadership team
SiC technology specialist Cree is expanding its operations leadership team as part of the company's growth and capacity expansion plans and planned retirement of Rick McFarland, Cree’s Senior Vice President of Global Operations, in the Summer of 2022.
Diode Dynamics expands with new 70,000 sq. ft HQ facility.
Automotive LED lighting manufacturer, Diode Dynamics, has announced the construction of a new 70,000 square-foot headquarters facility. The project is located on 10 acres within the Fountain Lakes development in St. Charles, Missouri, and is expected to open this fall.
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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).
NXP sees its 2Q revenues jump 43% YoY
"NXP delivered second-quarter revenue of $2.6 billion, an increase of 43 percent versus the year-ago period, and better than the mid-point of our guidance.” says Kurt Sievers, NXP President and CEO
Infineon sees increase in revenue despite headwinds
“Demand for semiconductors is unbroken, as they play a key role in enabling the energy transition and digitalization. Currently, however, the market is faced with an extremely tight supply situation,” Dr. Reinhard Ploss, CEO of Infineon says in the company's quarterly report.
Transphorm closes JV transaction for acquisition of AFSW Wafer-Fab
Transphorm, a supplier of gallium nitride (GaN) power conversion products, has close of the transaction for the acquisition of 100% interest in the company’s AFSW wafer-fab facility by GaNovation, Transphorm’s recent joint venture with Palo Alto-based JCP Capital, a new strategic-financial partner.
SK Siltron to invest $300 million in Michigan expansion
SK Siltron CSS, a semiconductor wafer manufacturer, plans to invest USD 300 million and create up to 150 high-paying, skilled jobs in Bay County, Michigan, over the next three years.
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Adjusting the gain of a fixed-gain difference amplifier
Question: Is it possible to increase the gain of a fixed-gain difference amplifier?
RF manufacturer orders multiple solstice plating systems
ClassOne, a provider of semiconductor electroplating and surface preparation systems, has received multiple tool orders from an unnamed RF device manufacturer.
STMicro manufactures first 200mm SiC wafers in Sweden
STMicroelectronics has manufactured the first 200mm (8-inch) Silicon-Carbide (SiC) bulk wafers for prototyping next-generation power devices from its facility in Norrköping, Sweden.
SkyWater to invest $56M in Minnesota capacity expansion
SkyWater Technology's Board of Directors has approved USD 56 million in capital investments to expand the capacity and capabilities of its Minnesota facility and to accelerate the company’s entry into the 200 mm GaN market.
Silicon Labs completes sale of Infrastructure & Automotive business
Silicon Labs announces that it has completed the divestiture of its Infrastructure & Automotive business to Skyworks Solutions for USD 2.75 billion in an all-cash asset transaction.
Strong improvement for RoodMicrotec
Semiconductor supplier RoodMicrotec's total income during the first half of 2021 amounted to EUR 7.3 million, which is 36% above the total income of the same period 2020 and 12% higher than the total income reported for the second half of 2020.
TSMC says its to early make a final decision on German expansion
Semiconductor foundry giant TSMC says that it’s too early to say whether the company will expand with new factories in Germany and that discussions are still in early stages.
Sivers Photonics invests to expand capacity
Sivers Photonics, a part of Sivers Semiconductors, is looking to expand it manufacturing capability and capacity with a fab investment of up to GBP 3 million in 2021.
Molex goes with FUJI NXT series pick-and-place machines
Molex CVS Dabendorf GmbH has decided to use the NXT III placement machine from FUJI EUROPE CORPORATION GmbH.
Inductor current measurement in switched power supplies
Question: How do you measure inductor current?
Fingerprint Cards partners with Mouser Electronics
Swedish biometrics company Fingerprint Cards has entered into a collaboration with global distributor Mouser Electronics.
GF CEO on Intel rumour: “There’s nothing to that story”
In an interview with Jon Fortt from CNBC, GlobalFoundries’ CEO Tom Caulfield sets the record straight regarding the Wall Street Journal’s report of a potential USD 30 billion acquisition by Intel.
Applied Engineering to set up JV operations with Malaysian counterpart
US-based Applied Engineering (AE) will be establishing a joint venture (JV) plant with Malaysian counterpart, QES Manufacturing Sdn. Bhd. (QES) in Batu Kawan Industrial Park, Pulau Pinang later this year.
MKS completes its acquisition of Photon Control
MKS Instruments has completed its previously announced acquisition of Photon Control Inc.
Renesas to close its Yamaguchi factory next year
Renesas says that it has decided to consolidate the Yamaguchi Factory (located in Ube, Yamaguchi Prefecture in Japan) of its wholly owned subsidiary, Renesas Semiconductor Manufacturing Co., Ltd. at the end of June 2022.
Intel looking to buy GlobalFoundries for $30 billion?
US chipmaker Intel is reportedly in talks to acquire semiconductor manufacturer GlobalFoundries for some USD 30 billion, reports the Wall Street Journal citing sources familiar with the matter.
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