© bahar bostanci dreamstime.com
Business | October 26, 2020
Allegro MicroSystems sets terms for $325 IPO
Allegro MicroSystems, a fabless chip company focusing on sensing and power technology, has commenced a proposed initial public offering of its common stock.
The Manchester, NH-based company is offering 25,000,000 shares of its common stock to the public for between $12.00 and $14.00 per share. Allegro is planning to raise USD 325 million.
Allegro has design and applications centers located across the Americas, Europe, Asia and Japan. It focuses on the design and development of sensor ICs, application-specific analog power ICs and photonics components.
MOST READ
- NAND Flash revenue for 3Q20 up by only 0.3% QoQ due to weak server sales
- Intel to keep its number One in 2020
- Small Norwegian wireless sensor manufactured in Germany
- STMicro and YTO set up joint lab for smart agricultural equipment
- Trina Solar buys 1.2B units of 210mm monocrystal silicon wafers from Zhonghuan
GlobalWafers confirms takeover discussions with Siltronic
The Taiwanese company says it is in advanced, near to final discussions on a takeover offer of German supplier of silicon wafers, Siltronic AG.
Covid-19 halts Chinese SK Hynix plant
The discovery of an asymptomatic, but infected, employee brought SK Hynix’s plant in Chongqing, China to a halt on Sunday.
Murata to shut down Chinese production facility
Saitama Murata Manufacturing, a subsidiary of Murata, will close its its coil production subsidiary Sheng Long TOKO Tech, located in Shenzhen, China, during December 2020
Antistat™ launch new product range of ESD Anti-fatigue matting
Manufactured in the EU, Antistat’s new range of matting blends exceptional quality with durability offering a life span of up to 5 years.
Digi-Key inks new U.S. distribution partnership with MISCO
Digi-Key Electronics has expanded its product portfolio to include a U.S. distribution partnership with MISCO, a resource offering complete audio solution services.
Arkema kickstarts capacity increase of fluoropolymer in China
Arkema is starting up its 50% capacity increase of Kynar fluoropolymer for the lithium-ion battery business at its Changshu plant in China in December 2020, with the first commercial supplies for January 2021.
Ad
STMicro and YTO set up joint lab for smart agricultural equipment
Semiconductor manufacturer STMicroelectronis, is teaming up with Chinese provider of agricultural and construction machinery YTO Group to establish a joint lab which will focus on R&D of electronic solutions for engine, vehicle, and agricultural controls in tractors.
12 new 1200V Hyperfast and Ultrafast Rectifiers from Vishay
New Yorker Electronics has announced the availability of 12 new FRED Pt® Gen 5 1200 V Hyperfast and Ultrafast rectifiers from Vishay Semiconductor. The ideal choice for soft switched and resonant high frequency converters, it features a unique combination of low conduction and switching losses.
SKT's new AI chip changes the company's AI semiconductor business vision
SK Telecom (SKT) has unveiled its new, self-developed, AI chip named SAPEON X220; a chip that, according to the company, will alter the company's AI semiconductor business vision.
Labour dispute at ST France – the conflict continues
The strike at STMicroelectronics French operations continues. For the last four weeks, the site in Crolles has been on an indefinite strike following the company’s decision not to increase employee salaries this year.
Tachyum resumes hiring in Slovakia and USA
Following a short halt due to COVID-19, the Silicon Valley and Slovakian semiconductor company says that it is restarting its hiring activities.
Intel CEO pens open letter to President-elect Biden
Intel CEO Bob Swan is, in an open letter, urging the President-elect to invest in U.S. manufacturing.
Wafer acpacity by feature size shows strongest growth at <10nm
IC capacity for leading-edge (<10nm) processes is expected to grow and become the largest portion of monthly installed capacity across the industry beginning in 2024, based on information in IC Insights’ Global Wafer Capacity 2020-2024 report.
Powell Electronics now Europe’s largest Positronic stockist
Powell Electronics, the supplier of connectors and more for high-rel applications, is to become Europe’s largest stocking distributor of Positronic connectors following a franchise deal signed by the two companies.
Alps Alpine develops, starts shipping samples of HAPTIC Reactor Heavy Type
Alps Alpine Co., Ltd. has developed the HAPTIC™ Reactor Heavy Type for powerful vibrations in touch feedback. Sample shipments, destined primarily for the automotive market, begin in October 2020, with a start to mass production expected in January 2021.
SkyWater and Multibeam form partnership to deploy Multibeam’s Innovative MEBL system
Maskless lithography technology company, Multibeam Corporation, has disclosed a partnership to deploy Multibeam’s Multicolumn Electron-Beam Lithography (MEBL) system into SkyWater’s newly expanded fabrication facility in support the company roadmap to advance its manufacturing capabilities and accelerate growth.
Intel to keep its number One in 2020
Seven top-15 semiconductor suppliers forecast to show ≥22% growth this year with Nvidia expected to post a huge 50% increase, writes market researcher IC Insights in their latest report.
Trina Solar buys 1.2B units of 210mm monocrystal silicon wafers from Zhonghuan
On 19 November 2020, Changzhou Trina Solar Energy and Tianjin Zhonghuan Semiconducto, signed a framework contract. Under the contract, Trina Solar intends to purchase 210mm monocrystal silicon wafers from Tianjin Huanou International Silicon Material Co., Ltd., a Zhonghuan subsidiary.
Kontron Industrial AI Platform for easy integration of Artificial Intelligence
The Kontron Industrial AI Platform accelerates the use of AI algorithms for inference in industrial environments, such as quality control or predictive maintenance.
Luminar accelerates momentum with MobilEye design win
Automotive lidar hardware and software supplier, Luminar Technologies, has struck a deal with Intel company, Mobileye, to supply Luminar lidar for the company’s Autonomous Vehicle (AV) Series solution in its next phase of driverless car development and testing.
Farnell boosts safety and hygiene portfolio with AMETEK Land
AMETEK Land boasts a comprehensive range of non-contact temperature monitors and analysers including the new VIRALERT 3 Human Body Temperature Screening System for back-to-work safety checks.
Load more news
