Toppan to build package substrate plant in Singapore
March 15, 2024
Japan's Toppan Holdings is preparing to start construction of a new facility in Singapore with the completion date set for the end of 2026.
Worldwide semiconductor revenue dropped 11% in 2023
January 16, 2024
Research firm Gartner says that worldwide semiconductor revenue in 2023 totalled USD 533 billion in 2023, which spells a decrease of 11.1% from 2022.
Top 10 IC design houses to see 17.8% increase in quarterly revenue in 3Q23
January 04, 2024
TrendForce reports that 3Q23 has been a historic quarter for the world’s leading IC design houses as total revenue soared 17.8% to reach a record-breaking USD 44.7 billion.
Valens Semiconductor names new CFO
December 13, 2023
Valens Semiconductor, a provider of connectivity solutions for the audio-video and automotive markets, has appointed Guy Nathanzon as the Company's new Chief Financial Officer effective March 10, 2024.
Broadcom lays off 1,267 California VMware employees
December 05, 2023
As Broadcom closed its acquisition of VMware, CEO Hock Tan pointed to the company’s long track record of investing in the businesses it acquires, and that this would continue with VMware. However, Broadcom is now planning to lay off over 1,000 VMware employees in California.
What happened to Broadcom's track record?
November 29, 2023
Following the completion of the company's acquisition of VMware, Broadcom CEO Hock Tan said that the company has a long track record of investing in the businesses it acquires, and that this would continue with VMware. Come one week later, Broadcom is reportedly laying off staff.
Broadcom completes its acquisition of VMware
November 22, 2023
Broadcom says that it has completed its acquisition of VMware, which means that VMware's common stock will now cease to be traded on the New York Stock Exchange.
Broadcom and VMware Intend to close deal today
November 22, 2023
Broadcom and VMware have now received all required regulatory approvals and intend to close Broadcom’s USD 69 billion acquisition of VMware today.
Broadcom expects to close VMware deal before deadline
October 30, 2023
US chipmaker Broadcom says in an update that it expects to close its USD 69 billion acquisition of VMware before the expiration of the companies merger agreement in November.
Q2 revenue for top 10 IC design houses surge 12.5%
September 21, 2023
Fueled by an AI-driven inventory stocking frenzy across the supply chain, TrendForce reveals that Q2 revenue for the top 10 global IC design powerhouses soared to USD 38.1 billion, marking a 12.5% quarterly increase.
Chip industry sees revenue increase after long decline
September 13, 2023
The semiconductor industry has reversed course and saw an increase in sales in 2Q23 after experiencing revenue decline for five consecutive quarters, reports Omdia.
Valens Semiconductor announces CFO transition
August 23, 2023
After more than eight years of serving as Valens Semiconductor's CFO, Dror Heldenberg will be stepping down to pursue other opportunities, effective September 1, 2023.
Broadcom receives final UK approval for VMware deal
August 21, 2023
Broadcom affirms its expectation to close its acquisition of VMware, on October 30, 2023, and provided an update on its progress with various regulatory agencies.
Broadcom pledges to invest EUR 1bn in EU's Spanish chip program
July 10, 2023
US-based chip giant Broadcom has hinted that it will support the EU's major post--pandemic fund to make Europe a global centre for chipset development.
Major CSPs aggressively constructing AI servers and boosting demand for AI chips
June 23, 2023
TrendForce reports that explosive growth in generative AI applications like chatbots has spurred significant expansion in AI server development in 2023.
Global top ten IC design houses break even in Q1
June 20, 2023
TrendForce reports that inventory reduction in Q1 fell short of expectations and coincided with the industry’s traditional off-season, leading to overall subdued demand.
Broadcom expects AI to contribute a quarter of its semiconductor business revenue in fiscal 2024
June 05, 2023
Chip company says the explosive impact of ChatGPT has triggered a surge of orders for semiconductor that underpin the technology at big data centres.
Apple inks multibillion-dollar deal with Broadcom for US made components
May 24, 2023
Apple has entered into a new multiyear, multibillion-dollar agreement with Broadcom under which the semiconductor company will develop 5G radio frequency components — including FBAR filters — and wireless connectivity components.
Continued revenue declines among the top 10 IC design houses
April 25, 2023
The global economy has faced increased inflation risks and downstream inventory corrections in 2H22, which impacted IC design companies faster than wafer foundries since they are considerably more sensitive to market reversals.
UK says Broadcom’s acquisition of VMware could hurt competition
March 23, 2023
The UK’s Competition and Markets Authority says that Broadcom’s deal to buy VMware could lead to less innovation and drive up the cost of computer parts used by the government, banks and telecoms.
2022, a record year for semiconductors – but it doesn’t feel like it
March 10, 2023
2022, the year that the semiconductor market reached an all-time high with total revenues hitting USD 595.7 billion, narrowly beating the previous high of USD 592.8 billion set in 2021. But why does it feel like 2022 was a struggle?
Global semiconductor revenue grew 1.1% in 2022
January 18, 2023
According to preliminary data from Gartner, global semiconductor revenue climbed 1.1% in 2022 to reach USD 601.7 billion, up from USD 595 billion in 2021. The top 25 semiconductor vendors collectively generated 2.8% more revenue in 2022, making up 77.5% of the market.
Total revenue of Top 10 IC design houses dropped 5% in Q3
December 15, 2022
According to Trendforce, the total revenue of the global top 10 IC design houses for 3Q22 showed a QoQ drop of 5.3%. Broadcom returned to the number two spot in revenue ranking by overtaking Nvidia and AMD.
Broadcom's 2022 revenue reached new record level
December 12, 2022
Broadcom reported revenue growth of 21% during its fourth fiscal quarter of 2022, the company also closed the year with a record USD 33.2 billion in revenue for the full fiscal year.
Semiconductor market decline reshuffles top 10 ranking
November 29, 2022
Following a record run, the semiconductor market has cooled down and consumer confidence has waned resulting in a historic drop. But how does this affect the ranking of the top 10 semiconductor companies?
The UK is looking into Broadcom’s acquisition of VMware
November 21, 2022
The UK’s Competition and Markets Authority (CMA) is looking into whether chipmaker Broadcom’s USD 61 billion acquisition of VMware may substantially lessen competition.
The semiconductor market's slowdown picks up speed
September 22, 2022
The second quarter of 2022 was the third consecutive quarter of weakening revenue growth for the semiconductor market, with the market now in decline according to Omdia's Competitive Landscape Tracker.
Top ten IC design house revenue spikes 32% in 2Q22
September 07, 2022
According to the latest TrendForce statistics, revenue of the top ten global IC design houses reached US$39.56 billion in 2Q22, growing 32% YoY.
Top 10 IC design companies revenue reached $39.43B in 1Q22
June 09, 2022
According to the latest TrendForce statistics, the top ten IC designers worldwide posted a combined revenue of USD 39.43 billion in 1Q22, or 44% growth YoY.
Broadcom to acquire VMware for $61 billion
May 27, 2022
Semiconductor design company Broadcom Inc. will acquire all of the outstanding shares in VMware, in a transaction that values the enterprise software company at approximately USD 61 billion.
Gartner says global semiconductor revenue grew 26% in 2021
April 15, 2022
Worldwide semiconductor revenue totaled USD 595 billion in 2021, an increase of 26.3% from 2020, according to final results by Gartner, Inc.
Top 10 IC design companies revenue top $100B in 2021
March 25, 2022
Due to vigorous stocking of various terminal applications causing a shortage of wafers in 2021, the global IC industry was severely undersupplied. This, coupled with spiking chip prices, boosted 2021 revenue of the global top ten IC design companies to USD 127.4 billion, or 48% YoY.
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