© USound Components | December 21, 2021
USound raises USD 30 million to ramp product manufacturing
USound, a developer and manufacturer of MEMS loudspeakers for personal devices and wearable technology, has raised USD 30 million to move into mass production of its second generation MEMS loudspeakers for several global companies.
The investment round was led by Austrian venture capital firm, eQventure, with participation from venture capitalists Hermann Hauser (co-founder of ARM) and Longzhong Yang (co-founder of BYD), as well as a participation from the European Investment Bank, a press release reads. “We are pleased to announce the launch of our second-generation MEMS loudspeakers that will further extend our product portfolio. With the steady growth of customers, USound is further extending the manufacturing network that already includes STMicroelectronics for the First Generation of MEMS loudspeaker and TSMC (Taiwan) for the ASIC Audio Amplifier. Collaborating with world-leading manufacturing companies, enable us to increase production volume, be more efficient, and improve the logistics process to reach our global customers,” said Ferruccio Bottoni, Chief Executive Officer at USound. USound is developing and manufacturing MEMS-based audio products for several international companies, including MEMS microspeakers for global TWS earbud brands, hearing aid companies like Shenzhen Magnet Technology Co., Ltd, augmented reality glasses with MEMS audio for an unnamed technology company, and in-ear health monitors for HMS. USound’s second generation was developed with the support in part of a EUR 2 million grant from the European Commission’s Horizon2020 program.
90,000 square metres – Arrows new Dutch distribution centre Arrow recently opened its new primary distribution centre (PDC) in Venlo, the Netherlands. The new centre is one of the company’s largest warehouses globally and replaces the existing facilities in the region and also provides increased capacity for future growth.
Nanya breaks ground on new fab in Taiwan Nanya Technology Corporation has broken ground on its new semiconductor fab in New Taipei City’s Nanlin Technology Park. Once completed, the NTD 300 billion (EUR 9.6 billion) investment will result in an advanced fab with a double-deck cleanroom.
Sponsored content by RUTRONIK Elektronische Bauelemente GmbHThe Next Level in Advanced Robotics The key to intelligent, self-controlled industrial and service processes is advanced robotics. Progress in this Future Market relies mainly on better performing electronic elements that make robots more adaptable, perceptive, communicative and mobile, and easier to integrate into processes.
First tool arrive at GlobalFoundries new Singapore fab One year after breaking ground, GlobalFoundries can celebrate a significant milestone on the path to expand its semiconductor manufacturing capacity in Singapore. The first tool has been moved into the company's new facility on its Singapore campus.
Sivers Semiconductors completes the integration of MixComm Swedish Sivers Semiconductors says it has completed the integration of MixComm, creating a challenger in 5G, SATCOM and radar.
Inventronics to acquire ams Osram digital systems business Inventronics has entered into an agreement to acquire the Digital Systems business in Europe and Asia from ams Osram, a global leader in optical solutions.
Allied Motion Technologies acquires Airex Allied Motion Technologies, a designer and manufacturer of precision and specialty controlled motion products, has acquired Airex, LLC, a privately-owned company providing high precision electromagnetic components and solutions.
Arrow opens new distribution centre in the Netherlands Arrow Electronics has opened a new primary distribution centre (PDC) in Venlo, the Netherlands. The PDC will function as a key hub serving all customers of Arrow’s electronics components business in Europe.
Smith adds 30,000 square feet of space in Houston The distributor of electronic components has officially opened its new global services hub in Houston, Texas. The new location adds 30,000 square feet of space for the company’s services.
Samsung invests in Israeli AI systems & semiconductor company Samsung Ventures has made an investment in NeuReality, an Israeli AI systems and semiconductor company.
Swedes develop new method for manufacturing semiconductor components AlixLabs from Lund, Sweden, has developed a new method for manufacturing semiconductor components with a high degree of packing, eliminating several steps in the manufacturing process - Atomic Layer Etch Pitch Splitting (APS).
Kinetic closes asset purchase agreement with Gain Semiconductor Analog and mixed-signal semiconductor company, Kinetic Technologies, has completed the acquisition of certain assets of Gain Semiconductor Incorporated.
Socionext relocation of its US HQ to Milpitas Fabless SoC supplier, Socionext America Inc. (SNA), has relocated its US headquarters to a34,000 square foot single floor building in the City of Milpitas.
TF-AMD expands with new manufacturing site in Malaysia TF-AMD Microelectronics plans to expand its manufacturing facility in Penang with the construction of a second site at Batu Kawan Industrial Park, Penang. A move set to create more than 3,000 new jobs.
Ericsson boosts distribution center in Malaysia Swedish telecom company, Ericsson, has commissioned a new facility at the Kuala Lumpur International Airport (KLIA) that will expand its regional distribution capacity and role of Malaysia in the company.
Applied Materials acquires of Finland-based Picosun Applied Materials has acquired Finnish atomic layer deposition (ALD) technology specialist Picosun Oy.
Melexis adds new manufacturing and R&D space in Bulgarian In an update on LinkedIn the company states that it has officially opened ints new “high-tech” building in Sofia, Bulgaria. Melexis says that this new facility will contribute to Bulgaria's presence in areas such as microelectronic, automotive, and innovation.
Arduino finds backing among giants Open-source company, Arduino, plans to expand its portfolio of hardware, software, connectivity and developer tools for professionals. To reach its goals the company launched a Series B financing round, raising USD 32 million from the likes of Bosch, Renesas and ARM.
Farnell expands Toshiba portfolio to support design engineers The global distributor says that it has strengthened its global partnership with Toshiba Electronics Europe GmbH (Toshiba), resulting in a significant product line expansion and increased stock holding.
SK hynix pick Lam solution to enhance DRAM production SK hynix has selected Lam Research's dry resist fabrication technology as a development tool for two key process steps in the production of advanced DRAM chips.
Altair expands and acquires Concept Engineering Computational science and artificial intelligence company, Altair, has acquired Concept Engineering, a provider of electronic system visualization software.
Infineon liquidating its entity in Russia One hundred days after the start of the war, Infineon Technologies reaffirms its solidarity with the people of Ukraine. The company states that it made the decision to liquidate its entity in Russia in March already, which is currently being executed.
Newport Wafer Fab deal called-in for national security assessment The acquisition of the UK’s UK's biggest chip plant – Newport Wafer Fab – has been called in for a full national security assessment.
Soitec reports record revenues for 2022 The French designer and manufacturer of semiconductor materials report that its revenue for the full fiscal year of 2022 reached a new all-time record of EUR 863 million.
Atlas Copco acquires provider of semiconductor subfab solutions Swedish Atlas Copco has acquired Qolibri Inc., a company that provides proprietary technologies for semiconductor subfab operations.
Micron plans recruitment spree in Taiwan The US DRAM specialist is reportedly planning to add some 2,000 employees and set up a research and development corridor in Taiwan.
TE Connectivity acquires Kemtron TE advances its capabilities in electromagnetic interference and radio frequency interference shielding via the acquisition of UK-based Kemtron, including its French subsidiary Kemtron Sarl.Load more news