Global fab equipment spending projected to reach new high
Powered by digital transformation and other secular technology trends, global semiconductor equipment investments for front end fabs in 2022 are expected to reach nearly USD 100 billion to meet soaring demand for electronics after topping a projected USD 90 billion this year, both new records,
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Infineon opens high-tech chip factory in Austria Infineon Technologies AG officially opened its high-tech chip factory for power electronics on 300-millimeter thin wafers at its Villach site in Austria. At EUR 1.6 billion euros, the investment made by the semiconductor group represents one of the largest such projects in the microelectronics sector in Europe.
BASF and CATL to develop European supply chain BASF SE (BASF) and Contemporary Amperex Technology Co., Limited (CATL) signed a strategic partnership on battery materials solutions, including cathode active materials (CAM) and battery recycling.
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Power outage in Dresden affects Bosch und Infineon Production is running again at all three major chip manufacturers in Dresden (Germany).
Jenoptik to double on-site production capacity in Dresden The Jenoptik Group intends to build a new production building with office complex in Dresden (Germany). In total, the photonics group is planning to invest around EUR 70 million in a cleanroom facility for micro-optics and sensors for semiconductor equipment.
Passive components see increasing lead times Capacitor, resistor and inductor markets all showed signs of increased demand in August 2021, with lead times for all three product lines reaching new heights.
LPKF receives another order from the solar industry After LPKF Laser & Electronics AG received a major order from a global solar module manufacturer in July 2021, LPKF now reports another order with a volume of almost EUR 10 million. The new order is expected to generate revenue in 2022/2023.
Sponsored content by Shenzen Kinwong ElectronicThe development trend of printed circuit board products and Kinwong's solution With the rapid development of electronic technology in recent years, printed circuit board (PCB) products are pursuing higher heat dissipation capabilities, with high voltage and high current characteristics, and are developing towards high-density interconnection technology (HDI).
Dutch startup Axelera AI launches with USD 12M Seed Round AI semiconductor startup Axelera AI has successfully closed a seed investment round of USD 12 million. The round was led by emerging technologies leader Bitfury and joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand.
Qualcomm wants to acquire Veoneer The automotive technology company Veoneer, Inc. confirmed that it has received an updated non-binding proposal from Qualcomm Incorporated
Ligentec and X-FAB sign partnership agreement Ligentec and specialty semiconductor producer X-FAB Silicon Foundries have announced a strategic partnership for the large-scale supply of integrated photonic devices.
NEC Energy Solutions becomes part of LG Energy Solution NEC Corporation has transferred all shares in NEC Energy Solutions, Inc., a consolidated subsidiary, to LG Energy Solution, Ltd.
Apparent oversupply of TV panels to be addressed with capacity adjustments Thanks to their continued capacity expansion and M&A efforts, Chinese panel manufacturers accounted for nearly 60% of the global supply of TV panels in 1H21, according to TrendForce.
XJTAG signs Nordic distribution deal XJTAG has signed a distribution agreement with Nohau Solutions AB of Malmö, Sweden.
Valmet opens battery factory in Finland Valmet Automotive has officially opened its battery facility in Uusikaupunki, Finland. It represents a significant investment by Valmet Automotive in the EV systems business with EUR 120 million and it will create hundreds of new jobs.
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Incap ups guidance for 2021 Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be significantly higher than in 2020.
Björn Lifvergren leaves his role as Inission's CEO The Board of Inission AB and Björn Lifvergren have jointly agreed that Björn will leave his role as Inission's CEO, a role he has deservedly held since April 2017. The Board has initiated a recruitment process to find a new CEO.
Ericsson to close Nanjing research centre The Swedish telecom giant confirms to South China Morning Post that it will divest its product research and development activities in Nanjing by November 2021.
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GaN Systems signs agreement with BMW Group GaN Systems has signed a capacity agreement with BMW Group. Under the terms of the agreement, GaN Systems is to provide capacity for multiple applications in series production.
Semcorp opens production in Hungary Construction of the Semcorp Group's first production unit outside China has begun; the company is building a facility that will produce lithium-ion battery separator films (LiBSF) in Debrecen (Hungary).
Top15 semiconductor sales leaders 3Q21 forecast The big three memory IC suppliers—Samsung, SK Hynix, and Micron—are each expected to post a 10% increase and Kioxia is anticipated to show an 11% jump in 3Q21 sales.
Germany hands over EUR 120 million to Tesla The German Federal state of Brandenburg wants to contribute EUR 120 million to the funding of the planned Tesla battery factory in Grünheide near Berlin. The Ministry of Economy has confirmed that the Budget Committee has released this sum from the Future Investment Fund.
Volkswagen adds jobs in Germany Volkswagen Group Components opened a new laboratory for cell research and development in Europe in Salzgitter (Germany). From 2025 onwards, the Volkswagen unified cell is scheduled to roll off the production line in Salzgitter.
Memory suppliers, Sony, and TSMC benefit from strong demand and supply shortages For the third quarter of this year (ending in September), sales growth outlooks for the top-25 suppliers range from 16th-ranked Sony’s 34% increase at the high end, to Intel’s 3% decline on the low end.
EDAG China opens test centre in Shanghai EDAG China – subsidiary of the EDAG Group – opens a new test centre at its Shanghai site (NanGu Road Minhang District) to expand its range of services for the Asian market.Load more news