Japanese PM promises new law to support chip firms
Japan's Prime Minister Fumio Kishida has pledged to boost domestic mass production of advanced semiconductors and related R&D with new legislation.
SK hynix posts all-time-high quarterly sales thanks to AI
South Korea's memory specialist SK hynix disclosed revenue of $11.8 billion in the April to June quarter, a year-on-year increase of 125% and its best ever performance.
Imagination Technologies bags $100m in private investment
UK-based chip designer Imagination Technologies has secured a USD 100 million convertible term loan from the Fortress Investment Group to 'power advances across graphics, compute and AI at the edge.'
Bosch to buy Johnson Controls' HVAC solutions business
Industrial group Bosch is making a big move into the global HVAC solutions business with the EUR 7.4 billion purchase of Johnson Controls' residential and light commercial buildings operations.
Merck joins Semiconductor-X supply chain research project
Germany's industrial conglomerate has signed on to the Semiconductor-X consortium, led by Intel Germany and the Fraunhofer Institute for Factory Operation and Automation.
Latham Industries expands Phoenix facility
Contract electronics manufacturer Latham Industries has launched a new 10,000 square foot plant at its domestic base in Phoenix, Arizona.
onsemi signs multi-year deal with Volkswagen
US chip maker onsemi has become the primary supplier of a complete silicon carbide-based power box solution for Volkswagen Group.
Vitesco starts production of battery status tech in China
Germany's Vitesco Technologies has confirmed it is now in large-scale production of its battery management tech for a ‘leading Chinese car manufacturer’ from its plant in Changchun.
Intel abandons French and Italian chip projects
Intel has "paused" its investment in major European projects after accumulating huge manufacturing losses in the last financial year.
Dixon wins approval for Ismartu acquisition
The Competition Commission of India (CCI) has granted approval for Dixon Technologies' to purchase a majority 56% stake in Ismartu India.
Sivers Semiconductors appoints Vickram Vathulya as CEO
Dr Vickram Vathulya has taken over as President and CEO of satcom and photonics specialist Sivers Semiconductor. He will succeed Anders Storm in the role from August 19.
LG targets $144m in smart factory orders this year
South Korean electronics giant LG believes its smart factory division, which only launched this year, can become a 'multi-trillion' South Korean won (KRW) enterprise by 2030.
European PCB industry calls for help
In May, analytics company Weiss Engineering, better known by its brand name in4ma, took over the research activities of Michael Gasch, who died at the age of 78 on May 24, 2024. He has therefore been working on monthly B2B statistics for the European PCB industry for the past three months and is in the process of further developing Data4PCB. The latest data remains alarming.
BE Semiconductor to inject a further $42m into Saigon plant
Netherlands-headquartered BE Semiconductor Industries has confirmed it will plough more funds into its microchip packaging and testing plant in Saigon High-Tech Park.
Onsemi reveals next-gen silicon carbide platform
US chip maker Onsemi has unveiled a new SiC platform that it claims can reduce conduction losses by 30% and switch-off losses by up to 50%.
Singapore woos wafer fabs with real estate offer
A Singaporean government agency has announced an 11% increase in land allocated for wafer manufacturing in an attempt attract more inward investment.
Texas University secures $840m for semiconductor research
The US government has selected the Texas Institute for Electronics (TIE) at The University of Texas to develop next-gen chips for the Department of Defense.
Aehr Test Systems acquires semiconductor test solutions firm
Aehr Test Systems, which manufactures semiconductor test and burn-in equipment, has entered into a stock purchase agreement to buy California-based Incal Technology for $21 million.
SEMI launches MoU to foster collaboration on sustainability
The semiconductor trade body SEMI has formed a partnership with the New York Center for Research, Economic Advancement, Technology, Engineering, and Science (NY CREATES) to promote sustainable manufacturing.
Infineon and Amkor agree decarbonisation pact
Two chip giants, Infineon Technologies and Amkor Technology, have signed a momorandum of understanding (MoA) to boost decarbonisation and sustainability strategies across the supply chain.
Shinryo lines up buy-out of Indian cleanroom firm
Japanese industrial giant Shinryo Corporation will acquire GMP Technical Solutions, India’s 2nd largest cleanroom business.
Merck prepares swoop for French metrology specialist
German technology group Merck is lining up the $170 million purchase of Unity-SC, a provider of inspection instrumentation for the semiconductor industry.
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