Trump reverses tariff hikes for most countries, except China April 10, 2025 Trump announced countries that had not retaliated against US tariffs would receive a 90-day reprieve and only face a blanket tariff of 10%. But he hiked the tariff on Chinese imports to 125% from the previous 104%.
Evertiq Expo heads to Malmö, Kraków, and Berlin this spring April 08, 2025 Evertiq Expo will continue its 2025 European tour with spring events scheduled in Malmö, Kraków, and Berlin. Following successful expos earlier this year in Sophia Antipolis, France, and Tampere, Finland, the upcoming expos will maintain focus on the electronics industry amid ongoing global uncertainty.
Vidyut’s BAAS ambitions get $2.5 million boost February 28, 2025 The funding will enhance the Bengaluru-based start-up’s battery-as-a-service (BAAS) offerings in both passenger and commercial EV segments.
SUMCO to end wafer production at Miyazaki plant amid market shifts February 20, 2025 Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
Sarawak launches 60 MW BESS in Malaysia February 17, 2025 Sarawak Energy said that 60MW Bess provides essential grid services, including primary spinning reserve (emergency reserve), voltage and frequency regulation, and peak demand management.
Foxconn invests $82M in EV battery plant in Zhengzhou December 26, 2024 The move is another attempt by Foxconn to diversify beyond its iPhone business with forays into sectors such as EVs, semiconductors and robotics, the South China Morning Post report indicates.
Coherent, SkyWater and X-Fab receive CHIPS Act boost December 11, 2024 The Biden-Harris Administration has announced USD 99 million in proposed CHIPS Act funding for Coherent, SkyWater Technology, and X-Fab to strengthen U.S. semiconductor manufacturing and supply chain resilience, creating over 290 jobs across Texas and Minnesota.
Memory chipmaker Kioxia scraps October IPO plan September 27, 2024 Bain Capital, which holds a 56% stake in Kioxia along with SK hynix, had been targeting a market value of 1.5 trillion yen (USD 10.39 billion) for Kioxia.
Was there ever a semiconductor shortage? September 24, 2024 On September 19, market analyst Dieter Weiss from in4ma took the stage at the Evertiq Expo in Gothenburg and raised important questions about the semiconductor crisis that plagued the industry a couple of years ago. With a provocative comparison between semiconductors and toilet paper, he challenged the notion of scarcity and shared insights on how artificial demand has affected the European EMS industry.
Strong growth at Lacroix’s Symbiose plant September 17, 2024 After two years in operation, Lacroix’s Symbiose plant in Beaupréau-en-Mauges shows solid growth.
TPCA: Global flexible PCB market rebounds in 2024 August 22, 2024 Taiwan Printed Circuit Association (TPCA), together with the Industrial Technology Research Institute (ITRI), forecasts that the global flexible PCB market will gradually recover from the downturn in 2023, with the market size (including rigid-flex PCBs) expected to reach USD 19.7 billion in 2024, representing a 7.3% YoY growth.
Semiconductor industry gains as memory demand surges August 12, 2024 Recent research from IDC reveals significant trends in the semiconductor industry during the first quarter of 2024.
Weak demand leads to declining quarter for semiconductor market June 27, 2024 In the first quarter of 2024, the semiconductor market experienced an approximately 2% decline falling to USD 151.5 billion according to Omdia’s research.
Global chip sales up 15.8% in the year to April June 07, 2024 Sales of semiconductors totalled USD 46.4 billion during April 2024, an increase of 15.8% year on year and 1.1% up on March 2024, said the Semiconductor Industry Association (SIA).
China to become the largest source of IC wafer capacity by 2026 April 10, 2024 According to the Global Wafer Capacity 2024 report from Knometa Research, wafer capacity for IC production is projected to grow on average 7.1% each year through 2026.
2023 semiconductor market revenue down 9% from 2022 March 28, 2024 A new Omdia report reveals a downturn in the semiconductor industry, with revenue down 9% from USD 597.7 billion in 2022 to USD 544.8 billion in 2023. A decline that follows two years of record growth, highlighting the cyclical nature of the semiconductor market.
What is the future for SiC in Europe? February 29, 2024 To understand the – potential – future, we first must look at the present and the ongoing movement. Therefore, Evertiq invited Yole Group as a keynote speaker during its inaugural Expo in Sophia Antipolis, France dig deeper into the market, investments and competitive landscape of SiC.
Global PCB industry to grow by 6.3% in 2024 January 30, 2024 Taiwan's printed circuit association is shining a spotlight on four key issues as the industry is expected to see a 6.3% growth in 2024.
ASML smashes forecasts with annual sales up 30% January 24, 2024 Dutch semiconductor equipment supplier ASML has shrugged off a depressed chip market and geopolitical tensions to post stellar 2023 results.
France is looking to supercharge its electronics industry January 11, 2024 In 2024, the French government – as part of the France 2030 investment plan – is looking to create 18,000 jobs in the electronics sector as the country is looking to address the economic consequences of COVID-19.
Semiconductor market to hit $588.36bn in 2024 January 01, 2024 The global chip market will bounce back from its recent slump to grow 13% next year, say new numbers from World Semiconductor Trade Statistics.
South Korea’s semiconductor shipments up 80% in November December 29, 2023 South Korea’s chip manufacturing segment is bouncing back from its year-long slump, says the country's national statistical office.
JV to start manufacturing smartphone glass in India October 27, 2023 Corning Inc and Optiemus Infracom are teaming up to start making smartphone cover glass for the first time in India. Their new combined entity will be called Bharat Innovation Glass Technologies.
AUO secures crucial role in the auto supply chain October 06, 2023 With the acquisition of Germany’s Behr-Hella Thermocontrol GmbH (BHTC), AUO has a golden ticket into BHTC’s client supply chain, amplifying and fortifying its presence in the automotive market.
Global smartphone shipments continue to decline YoY for eighth consecutive quarter August 17, 2023 Smartphone shipments totaled 265.9 million units in 2Q23 according to the latest Omdia smartphone preliminary shipment report.
Sercomm opens new manufacturing facility in Mexico July 06, 2023 Sercomm Corporation, a telecom and broadband equipment manufacturer, has unveiled its new manufacturing facility in Tijuana, Mexico.
Investments will keep Optiprint running though tough times June 29, 2023 With the volatility of the past years behind us, Swiss PCB manufacturer Optiprint looked back at what the company had gone through and the current situation to devise a strategy to ensure its future and increase resilience.
VARTA AG to cut around 240 jobs in 2023 April 26, 2023 After years of strong growth and the associated expansion of production capacities and personnel, VARTA AG says that it will eliminate around 240 jobs in Germany this year as part of its restructuring.
The evolution of electronic component counterfeiting April 19, 2023 In 2022 ERAI, a global organisation that monitors, investigates, and reports issues affecting the global electronics supply chain, reported a total of 768 suspect counterfeit and nonconforming parts showing a marked increase over the last three years.
The global chip race – Chip Act against Chip Act April 14, 2023 In the wake of the global semiconductor shortage, the US and the EU are both planning to invest significant sums of public funds to increase domestic semiconductor manufacture, otherwise known as the Chips Acts. But how do these semiconductor promotional acts compare against each other?
PC pain persists in Q1 2023 – Apple saw a 40% shipment drop April 11, 2023 Weak demand, surplus inventory, and a deteriorating macroeconomic environment all contributed to the dramatic drop in traditional PC shipments during the first quarter of 2023, says the International Data Corporation (IDC).
Shipments of gaming monitors fell to 19.8M units in 2022 April 10, 2023 TrendForce’s latest research revealed that shipments of gaming monitors have seen their first decline since 2016 due to high inflation, resulting in only 19.8 million units being shipped in 2022 for a 13% YoY decline.