Global semiconductor sales Increase 0.1% YoY in August
The global semiconductor industry sales were USD 47.4 billion during the month of August 2022, a slight increase of 0.1% over the August 2021 total of USD 47.3 billion but a decrease of 3.4% compared to the July 2022 total of USD 49.0 billion.
Nvidia ends all activities in Russia U.S. chip giant Nvidia is reportedly ceasing all activities in Russia, after previously having suspended shipments to the country.
GPV and Enics are now one The merger of Danish GPV and Swiss-headquartered Enics has officially been completed.
Swedish EMS company expands – opens three new premises HANZA continues to grow. New factory premises in Poland, the Czech Republic and China were opened during September.
Molex expands Vietnam manufacturing plant Molex's expansion of its Hanoi operations is said support long-term growth in global electronics industry, and will support over 200 new jobs in advanced high-tech manufacturing.
Memory manufacturers initiate rare production reduction According to a TrendForce investigations, memory pricing began to decline from 4Q21 due to weakening demand for certain consumer electronics. Coupled with the impact of rising inflation, the Russian-Ukrainian war, and pandemic policies, demand in peak season was weak, resulting in inventory pressure that has extended from the buyer side to manufacturers.
Arm names new Chief Financial Officer Arm has appointed Jason Child as Chief Financial Officer (CFO). Child brings more than 30 years of experience in leadership at high-growth companies and scaling global finance functions to his new role.
Silicon Labs expands in India – opens new office in Hyderabad Silicon Labs has officially inaugurated its new office in Hyderabad, located at Salarpuria Sattva Knowledge City. This new office will also be Silicon Labs' largest global centre for engineering and wireless connectivity innovation.
Poland and Taiwan sign agreement on semiconductor collaboration The Polish Office in Taipei and the Taipei Representative Office in Poland have signed a memorandum of understanding (MoU) to establish the Taiwanese-Polish working group on semiconductors.
Kioxia to adjust flash memory production by 30% at two plants Japan’s Kioxia Corporation says that it will reduce the production volume at two of its flash memory plants.
Mycronic receives order for a Prexision Lite 8 Evo Mycronic says it has received an order for a Prexision Lite 8 Evo from an existing customer in Asia.
ABB to sell remaining stake in Hitachi Energy to Hitachi ABB says it will divest its remaining 19.9% stake in its Hitachi Energy JV to none other than Hitach.
KLA to build a new R&D and manufacturing facility in Wales KLA Corporation says that it plans to build a new R&D and manufacturing center for the SPTS division, in Newport, Wales, UK.
Gaming monitor shipments to drop to 10% drop YoY According to the latest TrendForce research, shipments of gaming monitors are in decline for the first time since the product category was launched to market, with 2022 estimates lowered to 20.5 million units, a 10% drop YoY.
Comet Technologies expands manufacturing in Malaysia Comet Technologies says that it aims to double its production capacity in Malaysia – the company will add 30,000 square feet and about 200 employees to its operations in the country.
Automotive IC marketshare seen rising to 10% by 2026. IC Insights reports that the automotive IC marketshare has steadily increased since 1998 growing from 4.7% of total IC sales that year to 7.4% in 2021. Marketshare gains are forecast to continue for the auto segment, with an 8.5% share expected this year and 9.9% share by the year 2026.
Saab expands with new manufacturing facility in India The Swedish defense company says it will set up a manufacturing facility for the shoulder-launched weapon system Carl-Gustaf in India
Apple to produce iPhone 14 in India Apple has said that it will produce its latest iPhone 14 in India, taking a step out of China.
Mycronic receives order for a Prexision 8 Entry Evo Mycronic says it has received an order for a Prexision 8 Entry Evo from an unnamed existing customer in Asia.
Global fab equipment spending to reach all-time high in 2022 SEMI says that global fab equipment spending for front-end facilities is expected to increase approximately 9% year-over-year (YoY) to a new all-time high of USD 99 billion in 2022.
USI Taiwan will start operating NK2 factory in 4Q22 Recently, USI’s subsidiary, USI Taiwan, set up its third factory, Nankang 2 (NK2).
Is the semiconductor shortage over? Although there are still sporadic shortages of specific components, the curtain has officially fallen on a two-year wave of shortages in general, and brands have gradually suspended stocking in response to changes in market conditions.
VinFast and Renesas ink strategic partnership Vietnamese EV maker, VinFast, is expanding its collaboration with Japanese semiconductor company Renesas to include automotive technology development of EVs and delivery of system components.
Toyota ends production in Russia Toyota says that it has decided to end vehicle production at its Saint Petersburg plant in Russia.
FPT Software launches chipmaking subsidiary Vietnamese ICT company, FPT Software, announces that it has launched a new chip subsidiary, FPT Semiconductor, meaning that the company is entering the booming semiconductor industry.
Supplier pricing clash crashes prices to reduce inventory According to TrendForce research, NAND Flash is currently oversupplied. Buyers started focusing on destocking and greatly reducing purchases in 2H22 while sellers began offering rock-bottom prices to shore up purchase orders, causing wafer pricing to drop by 30-35% in 3Q22.
Cicor to double its production capacity in Vietnam Cicor Group says it is taking another important step in the implementation of its growth strategy. The EMS provider says it will significantly expand its production capacities at its location in Thuan An City, Vietnam to meet increased demand.
Mouser adds 35+ new manufacturer brands to its line card Mouser Electronics continues to expand its line card by adding 36 new manufacturers through the end of August 2022.Load more news