Global fab equipment investment expected to reach $110B in 2025
April 03, 2025
Global fab equipment spending for front-end facilities in 2025 is anticipated to increase by 2% YoY to USD 110 billion, marking the sixth consecutive year of growth since 2020, SEMI reports.
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Chip industry veteran KC Ang to head Tata Electronics’ foundry unit
April 03, 2025
Ang has worked extensively in countries such as Malaysia, Germany, the US and China. Most recently, he was President–Asia and Chairman–China at Global Foundries, where he served for over 15 years.
BelGaN’s facility to be repurposed for photonic chip production
April 02, 2025
As previously reported by Evertiq, the production site in Oudenaarde, Belgium — formerly operated by the bankrupt BelGaN — attracted interest from several potential buyers. Now, the site has reportedly found its new owner.
SK hynix completes its acquisition of Intel's NAND business
April 01, 2025
South Korean memory giant SK hynix has officially completed its acquisition of Intel’s NAND flash memory business, a deal initially announced in October 2020.
Compound semiconductor materials market to cross $91B by 2035
March 31, 2025
EVs are emerging as a critical application area in the compound semiconductor industry, as many EV makers are resorting to MOSFETs or SiC Schottky barrier diodes (SBD) in DC-DC converters.
Global OSAT market to touch $94 billion by 2031
March 28, 2025
Increasing circuit complexity spurs OSAT market growth, as integrating various functionalities into a single device demands specialized assembly and test capabilities.
Breaking down the Nordic EMS market – a top 10 list
March 27, 2025
The Nordic EMS industry is thriving, with over 74 companies in Sweden, 39 in Finland, 28 in Denmark, and 17 in Norway competing for market share. As the industry experiences continued growth, fuelled by continuous innovation and a changing technology landscape, the top players are cementing their dominance.
Alibaba forms AI technology partnership with BMW
March 27, 2025
The Chinese-German partnership aims to develop AI technology to support the development of the next generation of vehicles in China.
Bridge DC secures $2.8 billion to fuel data centre expansion
March 27, 2025
The Bain Capital-backed hyperscale data center platform will leverage the funds to accelerate the development of hyperscale campuses in high-growth markets, including Malaysia, Thailand, and beyond.
BYD annual sales cross $100 billion, surging ahead of Tesla
March 26, 2025
Chinese EV maker BYD reported a 29% jump in sales from the previous year on deliveries of 4.27 million cars. By comparison, Tesla’s 2024 revenue was USD 97.7 billion.
China to invest $138 billion in robotics, high-tech industry
March 26, 2025
In ten years, the country’s global share of industrial robot installations has risen from around one-fifth to more than half of the world’s total demand.
CITIC, Sangfor deepen hybrid cloud partnership
March 25, 2025
The new SmartCLOUD C-FUSION hybrid cloud series integrates the full-stack SmartCLOUD dedicated private cloud, virtual private cloud and public cloud services.
Xiaomi raises $5.5 billion in share sale amid EV push
March 25, 2025
Xiaomi is targeting its nascent EV business to propel growth and has raised its EV delivery target for 2025. The Chinese tech giant is also expanding the size of a planned second factory in Beijing.
Malaysia under US pressure to stem flow of Nvidia chips to China
March 24, 2025
Malaysia’s trade minister said the US wanted Malaysia to closely track the movement of cutting-edge Nvidia chips that enter the country amid suspicions that many are ending up in China, FT reports.
Valens, MIPI A-PHY silicon vendors test interoperability
March 24, 2025
The testing is a key step towards broad adoption of A-PHY in China, where there is already a particularly robust ecosystem of companies developing products around this technology.
EU trade chief suggests tech transfers in exchange for Chinese EV investment
March 21, 2025
EU trade chief Maros Sefcovic has suggested ahead of an official visit to Beijing that technology transfer should be a condition of Chinese investment in Europe’s EV industry.
European Union launches investigation into Chinese EV subsidies
March 21, 2025
The EU has initiated a probe into unfair Chinese subsidies of a Hungarian EV manufacturing plant.
Coreshell receives $24 million in funding to scale up low-cost silicon EV batteries
March 20, 2025
U.S. battery technology company Coreshell has announced that it has successfully raised $24 million in private investment to scale its production of low-cost silicon EV batteries.
Siemens to cut 6,000 jobs in automation, EV charging
March 19, 2025
Siemens’s automation business will see around 5,600 job cuts, with Germany accounting for half of those losses. The job cuts in the EV charging business represent 35% of the unit’s workforce.
NaaS joins hands with Xiaomi Auto to boost EV charging
March 18, 2025
Xiaomi Auto users will be able to access NaaS’s extensive charging network in China through Xiaomi Auto App and the in-vehicle charging navigation system.
Zetwerk inaugurates manufacturing facility in Tamil Nadu, mulls IPO
March 18, 2025
The electronics manufacturing plant will produce components for sectors like consumer durables and IT hardware. The Indian company raised USD 90 million at a valuation of USD 3.1 billion last year.
Thailand approves $1B investment from China’s Sunwoda
March 17, 2025
Shenzhen-based battery maker Sunwoda is expected to create 1,000 jobs in Thailand for production of lithium-ion battery cells for EV manufacturers.
Samsung SDI signs $300M deal to supply ESS batteries to NextEra
March 14, 2025
South Korea’s Samsung SDI and US energy firm NextEra Energy are finalizing details of a large-scale contract to supply 6.3 GWh ESS batteries, representing over 11% of the US’s total ESS capacity.
Vexos expands with new China facility, boosts US & Vietnam capacity
March 13, 2025
Vexos is strengthening its global manufacturing footprint by opening a new facility in Dongguan, China. The expansion boosts production capacity and automation, aligning with growing demand across industrial, medical, and aerospace sectors. Additionally, the company is boosting its manufacturing capacity in Vietnam and the US.
Smartphone production grew 9.2% in Q4 2024
March 12, 2025
Global smartphone production in Q4 2024 reached 334.5 million units, marking a 9.2% increase compared to the previous quarter, driven by Apple's peak production season and consumer subsidies from local Chinese governments, according to TrendForce. While Apple expanded production with the launch of new models, Samsung faced production declines due to intensified competition in emerging markets.
Global Semiconductor sales increase 17.9% YoY in January
March 11, 2025
Global semiconductor sales hit USD 56.5 billion during the month of January 2025, an increase of 17.9% compared to the January 2024 total of USD 47.9 billion but 1.7% less than the December 2024 total of USD 57.5 billion, reports the Semiconductor Industry Association (SIA).
Foundry market hits $38.5B as top 10 dominate with 96% share
March 11, 2025
The global foundry industry reached a new revenue record of USD 38.48 billion in Q4 2024, driven by strong demand for advanced process nodes in AI servers, flagship smartphone application processors, and new PC platforms, reports TrendForce. The top 10 foundries achieved nearly 10% QoQ revenue growth, despite weakening demand for mature process technologies.
Leiton takes over Siarvin PCB Solutions
March 10, 2025
Berlin-based PCB supplier Leiton has acquired Indian PCB trading and engineering company Siarvin PCB Solutions, located in Bangalore. The move expands Leiton global supplier network.
Alkaline battery market to reach $14.3B by 2033
March 10, 2025
AA (LR6) and AAA (LR03) batteries remain the most dominant sizes, powering everything from household gadgets like remote controls and flashlights to industrial tools and medical devices.
US to hold over 20% of advanced chip capacity by 2030
March 06, 2025
The US is projected to hold 22% of global advanced semiconductor manufacturing capacity by 2030, driven by TSMC’s expanded investment in US production, according to TrendForce. TSMC has increased its total investment in its US operations to USD 165 billion, with three newly planned fabs set to begin mass production after 2030.
Lohum announces India’s first battery grade lithium refinery
March 06, 2025
Lohum claims to refine over 90% of all lithium in India and have achieved cost competitiveness compared to Chinese refiners.
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