© Roodmicrotec Business | October 16, 2020
COVID-19 is still impacting the business of RoodMicrotec
The independent semiconductor supplier recorded a total income of EUR 3.0 million during the third quarter of 2020, a slight decrease from EUR 3.1 million during the same period last year.
COVID-19 is still impacting the business of RoodMicrotec, the company says in a press release, but the short-term demand from its customers is back to the level of last year. The leading indicator, the book-to-bill ratio, was above one for the third quarter after a drop in the second quarter. For the first 9 months of 2020, the total book-to-bill ratio is above one. “We are continuing our tight control of operational expenses and are pleased to see that the cash position at the end of the third quarter is maintained at a good level”, says Martin Sallenhag, CEO of RoodMicrotec, in the press release. “These measures along with the level of total income have generated a quarter with break-even net result which is very encouraging.” RoodMicrotec says it is maintaining a very tight control of the personnel expenses through short-time work when appropriate and possible, as well as a temporary salary waiver of the management. All operational expenses are reviewed in detail and only absolutely necessary costs for delivering our high-quality services to the customers are approved. The company says there is still sufficient capacity within the operational departments, so no additional capital investments are necessary. The company also states that at this stage, as it is still not possible to forecast either the duration of the COVID-19 disruption or the impact of the currently increasing number of new COVID-19 infections in Europe. If there are no further lock-downs, RoodMicrotec expects to generate a total income in the range of EUR 3.2 million to EUR 3.6 million in the fourth quarter of 2020, thus offsetting the temporary drop in total income compared to 2019. The second-half of the year is then expected to generate a positive net result.
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.
Sponsored content by CMLStrategic solutions to the current material shortage in the PCB industry In the past few month’s PCB laminates and base material costs have seen a dramatic rise. The natural consequences of this inflation besides the higher production costs are the unavailability of certain materials paired with longer delivery lead times. A problem like this will destabilize any supply chain, or that’s what you may think.
GlobalFoundries to build new fab in upstate New York The semiconductor manufacturer says that it will build a new fab in Malta, New York in a private-public partnership. The new fab willl "double the site’s capacity" and create more than 1'000 new direct high-tech jobs.
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.
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).
A simple way to measure temperature using one GPIO digital interface Question: How can I make an analog measurement if I only have a single GPIO left on the FPGA/microprocessor for my system?
New owner for crystal growth business in Eisenach Jenoptik has sold its crystal growth business to Hellma Materials, and will continue to focus its business on photonic applications. Hellma Materials takes over all 25 employees, and continues all business activities.
Linear Integrated Systems partners with Digi-Key Electronics Linear Integrated Systems, a designer and manufacturer of precision, high-performance, small-signal discrete semiconductors, has entered into a new partnership with Digi-Key Electronics.
Conti invests in Israeli industrial sensing start-up Feelit Continental has acquired a minority stake in the Industry 4.0 start-up Feelit, headquartered in Tel Aviv, Israel. Both companies have agreed not to disclose the amount of the holding.
Skeleton Technologies brings in additional capital On the first of July, Skeleton Technologies, announced the successful closing of a further EUR 29 million in its Series D financing. The total financing in Round D amounts to EUR 70.4 million.
Fingerprint receives follow-on order for its T-Shape sensor Swedish biometrics company, Fingerprint Cards has secured an additional volume order for approximately 250,000 units of T-Shape sensor modules from one of the world’s top three card manufacturers.
Minebea Mitsumi acquires Omron’s of 8-inch fab Minebea Mitsumi’s subsidiary Mitsumi Electric, has entered into an agreement with Omron Corporation for the acquisition of Omron's semiconductor and MEMS fabrication plant in Yasu, Shiga, Japan – as well as its MEMS product development function.
Neonode brings contactless touch to kiosk solution by MiTAC Swedish Neonode will deliver its Touch Sensor Modules (TSMs) to MiTAC Computing Technology Corp. (MCT) who has developed a contactless touch self-service kiosk solution with a 32 inch display featuring Neonode’s TSMs.
Sourceability ink distribution deal with Nexperia Electronic component e-commerce marketplace, Sourcengine, says that it is making components from semiconductor manufacturer Nexperia available worldwide.
SK hynix starts mass production of 1anm DRAM using EUV equipment SK hynix says that it has started mass production of the 8 Gigabit (Gb) LPDDR4 mobile DRAM based on the 1anm, which is the fourth generation of the 10nm process technology this month.
Cirrus Logic to acquire Lion Semiconductor for $335 million Cirrus Logic has entered into an agreement to acquire California-based Lion Semiconductor for USD 335 million in cash. The acquisition brings IP and products for power applications in smartphones, laptops and other devices and accelerates growth of the company’s high-performance mixed-signal business.
Bootstrapping a low voltage Op Amp to operate with high voltage signals and supplies Question: Can I bootstrap a low voltage amplifier to get a high voltage buffer?
Sensirion raises its outlook for full-year 2021 The Swiss manufacturer of digital microsensors and systems raises its outlook for financial year 2021 based on strong demand in the first half of the year.
Altix moves to increase its R&D capabilities Following an increase in manufacturing activity, exposure systems specialist Altix has recently expanded its R&D center located at its French headquarter in Normandy, France.
Micross buys microelectronics business assets of Ultra CEMS Micross Components, a provider of mission-critical microelectronic components and services, is expanding its Hybrid and assembly business with the acquisition of assets of the microelectronics business from Ultra CEMS, a provider of high reliability hybrid electronics engineered for harsh environments.
ITEC emerges as independent semiconductor equipment manufacturer Semiconductor equipment manufacturer ITEC, which was founded in 1991 by Philips (now Nexperia), has announced its launch as a separate independent entity. ITEC will however remain part of the Nexperia group.
LPKF supplies systems to chip manufacturer Technology company LPKF says it has received a follow-up order from the semiconductor industry. An unnamed global chip manufacturer had installed a first LIDE system at the beginning of 2020 and, after a qualification phase, initially used it for its own product development. Now, further systems have been ordered.Load more news