Osram scores major win in patent dispute
At the end of April 2019, US-based Lighting Science Group (LSG) filed a patent infringement complaint at the U.S. International Trade Commission (ITC) against Osram and other companies in the lighting industry.
Intellitronix invests in SMT system to triple product output Intellitronix, a subsidiary of the US Lighting Group and a manufacturer of automotive electronics, has purchased a SMT Component Placement System from Europlacer.
Pixelworks to sell 7% stake to Chinese investors Pixelworks says it has entered into a Securities Purchase Agreement with MTM-Xinhe Investment Limited, a consortium of investors from the Chinese semiconductor and mobile eco-system, under which Pixelworks would issue and sell in shares representing about 7% of the company's outstanding shares for USD 6.6 million dollars.
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.
Cree divest its LED operations as LED supply chain continues its shift to Asia After global LED giant Cree divested its lighting business in 2019, the company has announced its plan to sell its LED business to SMART Global Holdings (SGH) for USD 300 million. TrendForce indicates that Chinese manufacturers have quickly risen in the LED industry in recent years, benefiting from superior production capacities and cost optimization measures.
Applied Materials and Besi to jointly develop chip integration technology Applied Materials and BE Semiconductor Industries (Besi) says they aim to develop the industry’s first complete and proven equipment solution for die-based hybrid bonding, an emerging chip-to-chip interconnect technology that enables heterogeneous chip and subsystem designs for applications including high-performance computing, AI and 5G.
Sourceability appoints new managing director for APAC Semiconductor veteran joins the management team of digital supply chain solutions provider.
POET and Sanan IC to form a joint venture company POET Technologies and Xiamen Sanan Integrated Circuit (Sanan IC), a wholly owned subsidiary of Sanan Optoelectronics, have signed a definitive joint venture contract.
Avnet Silica names Gilles Beltran as president Beltran succeeds Mario Orlandi who takes on global assignments in Avnet.
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While close to settling legal case with US, UMC to focus more on foundry business UMC has announced today (Oct. 22) that the legal case against the company filed by the U.S. Justice Department for stealing trade secrets could now be resolved as soon as possible, according to TrendForce’s latest investigations.
SkyWater is looking to lease a 200 mm fab in Florida Having just completed the expansion of its Minnesota facility, SkyWater does not seem to be done adding to its footprint. The company is looking to take over the Center for Neovation, a 200 mm semiconductor manufacturing facility.
Airbus Ventures invests in Singapore startup Airbus Ventures latest investment has led the company to Singapore and Zero Error Systems (ZES).
General Motors invests in its electric future General Motors says that its Spring Hill, Tennessee assembly plant will begin the transition to become the company’s third vehicle manufacturing site to produce electric vehicles. The automaker also says that it will invest heavily in five Michigan plants.
SK Hynix holds second highest NAND market share via acquisition of Intel’s NAND capacity SK Hynix has announced today (Oct. 20) that it will acquire Intel’s NAND Flash business and Dalian-based Fab 68, which is dedicated to 3D NAND Flash production, for USD 9 billion.
US foundry makes the case for a secure domestic chip production SkyWater Technology’s expansion in Bloomington, Minnesota, has progressed quickly. The project started less than a year ago and on October 12, the company held a ribbon-cutting ceremony to celebrate the completion of the expansion.
Terry Gou addresses Foxconn's Wisconsin investment “Foxconn will remain committed to the completion and continued expansion of our project and investment in Wisconsin as long as policymakers at the federal, state, and local levels remain committed to Foxconn,” Terry Gou says.
Volkswagen invests to up the automation of several plants The Volkswagen Passenger Cars and Volkswagen Commercial Vehicles brands are working flat out on the transformation to the e-mobility era and the conversion of plants to e-mobility.
SK hynix to acquire Intel NAND memory business The two parties have signed an agreement under which SK Hynix will acquire Intel's NAND memory and storage business for USD 9 billion.
High power quarter brick isolated DC/DC converter addresses demands of energy-conscious data centers Continuing to extend its portfolio of high-density DC/DC converter solutions with built-in digital interfaces, Flex Power Modules introduces two variants of the new BMR491 series.
Wipro to acquire Eximius Design The information technology specialist says it has signed a definitive agreement to acquire Eximius Design, an engineering services company with strong expertise in semiconductor, software and systems design.
Harman to cut 1’500 jobs globally Evertiq has learned that the automotive supplier is planning to reduce its headcount to “align with its longer-term goals”. This decision will result in a reduction of 1’500 positions globally.
Cree to sell LED Business to SMART Global Holdings Cree says it has entered into a definitive agreement to sell its LED Products business unit (Cree LED) to SMART Global Holdings for up to USD 300 million.
GM to invest $2.2B to create a flagship facility for EV production General Motors' Detroit-Hamtramck Assembly Center will in the future be known as Factory ZERO, as the automaker is reconfiguring it to an all-electric vehicle assembly plant.
Zytronic adds a third dimension to touch with its ZyBrid® hover technology Touch technology innovator Zytronic has released a contactless sensing option that can detect user interactions up to 30mm away from the surface of the glass.
Henkel invests in advanced materials start-up actnano Henkel Adhesive Technologies further enhances its market offerings for functional coatings by investing in actnano, Boston, Massachusetts, USA.Load more news
- SK Hynix holds second highest NAND market share via acquisition of Intel’s NAND capacity
- Blackstone has found the location for its battery cell production
- US foundry makes the case for a secure domestic chip production
- Terry Gou addresses Foxconn's Wisconsin investment
- SK hynix to acquire Intel NAND memory business
- While close to settling legal case with US, UMC to focus more on foundry business
- Kitron’s record performance continues amidst the pandemic
- Harman to cut 1’500 jobs globally
- COVID-19 is still impacting the business of RoodMicrotec
- MAHLE sets up new development centre for mechatronics in Kornwestheim
Evertiq in Pictures
- Volkswagen invests to up the automation of several plants
- Avnet Silica names Gilles Beltran as president
- Applied Materials and Besi to jointly develop chip integration technology
- Cree divest its LED operations as LED supply chain continues its shift to Asia
- Kitron’s record performance continues amidst the pandemic