Schaeffler expands with new US manufacturing facility
Motion technology company Schaeffler is planning to expand its US operations with the addition of a new manufacturing facility focused on automotive electric mobility solutions. An investment of over USD 230 million is set to create 650 jobs in Ohio by 2032.
Finlands TactoTek expands to Germany
Finnish smart surface technology company, TactoTek, is opening a new facility in Munich, Germany – a new Innovation Hub.
OSI Electronics expands its manufacturing network
EMS provider OSI Electronics has recently expanded its manufacturing network with new factory in Tecate, Baja California, Mexico
TSMC is still the undisputed foundry leader
TrendForce’s latest report reveals that in 2023, global foundry revenues hit USD 117.47 billion, with TSMC capturing a dominant 60% share.
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North American EMS industry up 2.6% in January
Total North American EMS shipments in January 2024 were up 2.6% compared to the same month last year. Compared to the preceding month, January shipments decreased 2.7%.
Varta: progress is being made in solving the cyberattack
One week after the cyberattack on parts of Varta AG's IT systems, initial progress has been made. The task force is currently working with the support of IT forensic experts and data analysts on the step-by-step testing and recommissioning of the systems.
SK hynix on HBM memory: we've sold out for 2024
If you want HBM memory to enhance your AI applications, don't go to SK hynix. The Korean memory giant has nothing left.
indie Semiconductor posts record annual revenue
Automotive specialist indie Semiconductor swerved the generally muted market conditions of 2023 with annual revenue up 101%.
Samsung to deliver Arm's next generation Cortex-X CPUs
Samsung Electronics has confirmed a partnership with Arm that will see the Korean chip maker optimise Arm's Cortex-X CPUs for its new Gate-All-Around (GAA) process technology.
Analog Devices confirms long-term wafer deal with TSMC
Analog Devices will supply TSMC's Japan Advanced Semiconductor Manufacturing subsidiary with long-term wafer capacity.
US government: Chinese can keep buying mature chip tools
The US government will not extend its export restrictions to China to mature or legacy chips, said the Assistant Secretary for Export Administration.
TSMC formally opens its $8.6bn Japanese foundry
Taiwanese chip maker TSMC has marked a milestone in its programme to re-locate manufacturing away from its home country - opening its new facility in the Kumamoto region of Kyushu, Japan.
Renesas abandons proposed Sequans acquisition
Japanese semiconductor company Renesas has terminated its MOU to purchase Sequans Communications.
ASIP and APACT announce assembling and testing JV
India's ASIP is teaming up with Korea's APACT to open a new Outsourced Semiconductor Assembly and Test (OSAT) facility in Hyderabad.
Intel teases 1.4nm advanced manufacturing node
Intel CEO Pat Gelsinger has officially confirmed the firm's 14A node for the first time. He expects 14A and its variant Intel 14A-E to arrive by 2027.
Amkor closes in on approval for $2bn US facility
Council leaders in Preoria voted unanimously to wave through Amkor's proposed semiconductor packaging and testing facility in the city.
SK Siltron bags $544m US government loan to make SiCs
The US Department of Energy is working with South Korea's SK Siltron to boost production of high-quality silicon carbide (SiC) wafers for electric vehicle power electronics.
Kaynes Semicon to invest $482m in Indian chip ATMP plant
The subsidiary of the India's EMS Kaynes Technology is looking at several sites for the proposed facility across Hyderabad, Ahmedabad, and Bhubaneswar.
Standex closes acquisition of Sanyu Switch
Standex International Corporation has closed its previously announced acquisition of Japan-based Sanyu Switch Co., Ltd.
Google's looking to start Pixel production in India in Q2
Google is reportedly preparing to start production of its high-end Pixel 8 pro in India as it looks to grab market shares in the country's expansive market.
Schneider Electric invests millions in new Mexican plant
Schneider Electric says it will invest USD 29 million in a new plant in the state of Nuevo León, Mexico, focusing on the manufacturing of low-voltage electrical distribution boards.
PEI-Genesis Inaugurates new office in India
Precision connectors and cable assemblies specialist PEI-Genesis, has recently opened a new office in Bangalore, India.
NEOTech launches center of excellence in Silicon Valley
EMS provider NEOTech is launching a New Product Introduction (NPI) and electronics manufacturing center of excellence at its Fremont, California facility.
TT Electronics opens new Mexicali plant
In the summer of 2023, electronics manufacturer TT Electronics announced that it was making significant investments to add capacity and bolster electronics manufacturing capabilities. Part of this investment was an expansion of its footprint in the Americas with a new state-of-the-art facility in Mexicali, Mexico.
Global semiconductor manufacturing industry poised for 2024 recovery
The global semiconductor manufacturing industry recovery is taking hold with electronics and IC sales increasing in the final quarter of 2023 and more growth projected for 2024, SEMI and TechInsights report.
MLCC shipments to dip 7% in 1Q24 amid slowing demand
The global economic deceleration is taking its toll on the tech sector’s growth, with heavyweights like Intel and Texas Instruments signaling a downturn in their recent financial forecasts.
Variosystems expands its presence in Asia
Swiss electronics manufacturer Variosystems, continues to expand its presence globally. This time the company is entering the Asia Pacific market by establishing Variosystems Asia Pacific, headquartered in Singapore.
Top 5 robot trends 2024
The stock of operational robots around the globe hit a new record of about 3.9 million units. This demand is driven by a number of exciting technological innovations.
Point2 raises $22.6m to fund ultra-low-power SoC solutions
Bosch Ventures leads a fresh Series B round to help the US startup capitalise on the surge in the data centre switch market.
Is Preferred Networks Samsung's first 2nm customer?
Japan's Preferred Networks (PFN) has revealed that it plans to use Samsung Foundry's 2nm process node to manufacture its AI-focused chips.
GlobalFoundries bags a $1.5bn government grant
The US government has awarded USD 1.5 billion to contract chipmaker GlobalFoundries. The firm will use the funds to build a new site in New York and expand existing operations in Vermont.
SoftBank planning $100bn AI chip venture
Japanese investment firm, SoftBank Group is talking to Middle Eastern funds about supporting an ambitious semiconductor supply venture.
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