Schweizer: outlook for 2024 remains positive
March 29, 2024
The preliminary and unaudited results of the Schweizer Group confirm the completed turnaround in 2023. Sales rose to a record of EUR 139.4 million, exceeding expectations with an increase of 6.4%.
Micron breaks ground on Xi'an expansion project
March 28, 2024
Micron Technology has officially broken ground on its new packaging and testing plant in Xi'an, China
Q2 NAND flash contract prices expected to rise by 13–18%
March 28, 2024
TrendForce projects a strong 13–18% increase in Q2 NAND Flash contract prices, with enterprise SSDs expected to rise highest. Despite Kioxia and WDC boosting their production capacity utilization rates from Q1 this year, other suppliers have kept their production strategies conservative.
Sequans bags EUR 10.9m France 2030 grant
March 25, 2024
The French government has pledged a EUR 10.9m subsidy to cellular IoT chipmaker Sequans Communications to bolster's France's position in the 5G telecoms space.
Baidu invests in RISC-V firm StarFive
March 25, 2024
Chinese search giant Baidu has invested an undisclosed sum in the Shanghai-based RISC-V chip technology company StarFive.
Has Huawei invented a tech to bypass EUV lithography?
March 25, 2024
Reports say Huawei Technologies has achieved a breakthrough that will enable it to design advanced chips without the need for extreme ultraviolet lithography (EUV) machines.
VDL ETG to build new chip making facility in Vietnam
March 22, 2024
The Netherlands' VDL ETG, the high-tech arm of VDL Groep, will begin construction of a new factory in the northeast of Vietnam with operations due to start in Q1 2025.
Innoscience responds to Infineon’s lawsuit
March 21, 2024
Innoscience Technology says that it "firmly denounces the accusations" made by German semiconductor company Infineon in a recent patent infringement lawsuit against three Innoscience entities.
300mm fab equipment spending to reach new highs in 2027
March 19, 2024
Global 300mm fab equipment spending for front-end facilities is forecast to reach a record USD 137 billion in 2027 after topping USD 100 billion for the first time by 2025, reports SEMI
Management change at Mycronic
March 19, 2024
Evertiq has previously reported on Mycronic's possible listing Axxon – the core of the High Volume division. A move which the Swedish company claims would create the best possible conditions for Axxon to realise its full potential.
SK Innovation closes its Chinese battery subsidiary
March 18, 2024
Korea's SK Innovation, which is owned by Korea's SK Group, has liquidated its Blue Dragon Energy division in order to streamline operations in China.
Turning a Chinese brand into a European company
March 18, 2024
Earlier in January this year, Luxshare ICT (Europe) celebrated its tenth anniversary. Although the Luxshare name has a much longer history, its success in Europe necessitated reshaping its identity to conquer new frontiers.
Infineon sues Innoscience for patent infringement
March 14, 2024
Infineon Technologies has filed a lawsuit against China's Innoscience, seeking a permanent injunction for infringement of a US patent relating to gallium nitride (GaN) technology.
ABB opens refitted US robotics facility
March 14, 2024
ABB has officially opened its refitted US robotics headquarters and manufacturing facility in Auburn Hills, Michigan, USA.
Scanfil updates it strategy and financial targets
March 13, 2024
EMS provider Scanfil is launching its new strategy “Geared for growth” under which the company aims to expand its market position and opportunities.
Top 6 smartphone brands by production
March 13, 2024
New research reveals a significant rebound in global smartphone production, marking the end of an eight-quarter slump in 3Q23. In a strategic year-end surge, brands amped up production to capture more market share, propelling Q4 smartphone output up 12.1% to reach 337 million units.
US could add CXMT to its list of sanctioned Chinese firms
March 11, 2024
The Biden administration will consider adding DRAM maker ChangXin Memory Technologies (CXMT) to its so-called Entity List to restrict the company's access to US raw materials.
China will set aside $27bn to counter US sanctions
March 11, 2024
Central and local government agencies in China are pouring money into the so-called Big Fund, which was set up to accelerate the development of chip making tech in the country.
SEMI Europe advises against export controls
March 08, 2024
The semiconductor trade body SEMI has issued a stark warning to European Union politicians: think carefully before you copy the US's sanctions on chip exports.
Cicor acquires business units from TT Electronics
March 05, 2024
Cicor has signed an agreement to acquire TT Electronics IoT Solutions Ltd, with three production sites in the UK and China, from TT Electronics for GBP 20.8 million.
Global semiconductor sales increase 15.2% in January
March 05, 2024
Year-to-year market growth in January is the largest since May 2022; however, worldwide chip sales decrease 2.1% month-to-month.
Global semiconductor revenue to hit $600B in 2024
March 04, 2024
Worldwide sales for the chip industry will grow by more than USD 75 billion this year, says a new study by DIGITIMES Research.
SMIC making progress towards 5nm chip tech
March 04, 2024
China's leading foundry Semiconductor Manufacturing International Corporation is reported to be closing in on 5-nanometer mode manufacturing in spite of US sanctions.
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.
US government: Chinese can keep buying mature chip tools
February 26, 2024
The US government will not extend its export restrictions to China to mature or legacy chips, said the Assistant Secretary for Export Administration.
Nvidia stuns Wall Street with profits up 769%
February 23, 2024
Nvidia's unstoppable juggernaut powered to new milestones this week with the announcement that quarterly profits hit $12.3 billion.
Google's looking to start Pixel production in India in Q2
February 22, 2024
Google is reportedly preparing to start production of its high-end Pixel 8 pro in India as it looks to grab market shares in the country's expansive market.
PEI-Genesis Inaugurates new office in India
February 21, 2024
Precision connectors and cable assemblies specialist PEI-Genesis, has recently opened a new office in Bangalore, India.
ASML export licence revoked over China military fear
February 21, 2024
Dutch Minister of Foreign Affairs and Minister of Foreign Trade, Geoffrey van Leeuwen, has expressed fears that ASML’s chipmaking equipment will be used for military purposes in China. Which is why the minister has decided to deny the company an export licence
Variosystems expands its presence in Asia
February 20, 2024
Swiss electronics manufacturer Variosystems, continues to expand its presence globally. This time the company is entering the Asia Pacific market by establishing Variosystems Asia Pacific, headquartered in Singapore.
The state of the electronic component Industry
February 13, 2024
Independent distributor of electronic components and products, Fusion Worldwide, has provided Evertiq with a comprehensive look at the state of the electronic component industry through "Fusion Worldwide's 2024 Report."
Switzerland announces three year SwissChips initiative
February 12, 2024
Europe's neutral country has unveiled a new $38m programme to boost research and innovation in semiconductors, microelectronics and IC design.
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