Intel-backed JV to raise $3.85bn to fund factory expansion
May 03, 2024
Foundry JV Holdco, an entity formed to finance Intel's foundry construction, has confirmed it will sell USD 3.85 billion of investment-grade bonds.
Taiwan chip firm KYEC to exit mainland China
May 03, 2024
King Yuan Electronics Co will divest its Suzhou manufacturing hub in a bid to minimise its exposure to geopolitical tensions.
Belgian VC allocates $320m to chip and nanotech startups
May 03, 2024
imec.xpand has launched of a new fund "aimed at accelerating the growth of transformative semiconductor and nanotechnology innovations."
Obsolescence: navigating challenges in an ever-evolving industry
May 03, 2024
Component obsolescence is a topic that is not talked about frequently enough. It is after all an inevitable aspect of our industry driven by constant innovation – but that doesn't have to mean product obsolescence.
LAPP expands its logistics centre in Ludwigsburg
May 02, 2024
Cable and connection technology solutions provider, LAPP, is planning a comprehensive expansion and modernisation of the logistics centre in Ludwigsburg, near Stuttgart.
Kulicke & Soffa receives major order for advanced ball bonding
May 02, 2024
Kulicke and Soffa Industries has received a sizeable order from a fast-growing Assembly and Test customer. The order consists of 1,000 RAPID Pro systems, upgraded with the latest ProSuite response-based bonding and looping processes.
ZF and Foxconn completes formation of JV
May 02, 2024
Automotive supplier ZF Friedrichshafen and EMS provider Foxconn, have completed the establishment of their joint venture in the field of passenger car chassis systems.
NCAB: weak, but distinct, increase in order intake
May 02, 2024
Following the flat development over the past two quarter, NCAB noted a weak, but distinct, increase in order intake during the first quarter of 2024.
Expected drop in sales for GPV during 1Q24
May 02, 2024
Danish EMS provider GPV recorded an expected drop in sales to DKK 2.3 billion (EUR 335.2 million) during the first quarter of 2024, a 13% drop from DKK 2.7 billion (EUR 362.0 million) during the same period last year.
The foundry industry is showing signs of stabilisation
May 01, 2024
The foundry industry is showing signs of stabilisation, marked by a 10% QoQ growth, indicative of ongoing inventory normalisation, says Counterpoint Research.
Siemens opens research hub north of Munich
May 01, 2024
Siemens has opened the first building complex of the Siemens Technology Center (STC) at Garching Research Campus, north of Munich, Germany.
500 employees affected by ams Osram restructuring
April 30, 2024
Earlier this year, ams OSRAM announced that a lead-customer had stopped the cornerstone microLED development project. The development forced the company to initiate a restructuring of its microLED-related activities in both Malaysia and Germany.
Guerrilla RF acquires GaN device portfolio from Gallium Semiconductor
April 30, 2024
Guerrilla RF has finalised the acquisition of Gallium Semiconductor's entire portfolio of GaN power amplifiers and front-end modules.
North American PCB industry sales down 23.8% in March
April 30, 2024
Total North American PCB shipments in March 2024 were down 23.8% compared to the same month last year. Compared to the preceding month, March shipments were up 12.2% reports the IPC.
North American EMS industry down 4% in March
April 30, 2024
Total North American EMS shipments in March 2024 were down 4.0% compared to the same month last year. Compared to the preceding month, March shipments increased 0.1%, reports the IPC.
Samsung expands partnership with ZEISS to boost memory tech
April 29, 2024
Samsung Electronics and imaging specialist ZEISS Group have agreed to deepen their collaboration in a move to achieve better yields and performance in next-generation memory chips.
IBM plans $730m expansion of Canadian chip operation
April 29, 2024
IBM is preparing to invest heavily in its 800-acre semiconductor packaging and testing plant in Bromont, Quebec.
Sponsored content by Fusion
Fusion Worldwide Unveils Updated Brand and New Website
: For over two decades, Fusion Worldwide has been more than just an open market distributor—we've been a beacon of guidance for our customers in the ever-evolving landscape of electronic component distribution. In today's highly competitive open market sourcing landscape, electronics manufacturers must be ahead in every aspect of their business. This means being out in front of potential supply disruption, out in front of new business opportunities, and out in front of bottom-line savings.
Samsung starts mass production of next-gen V-NAND
April 26, 2024
Samsung Electronics has started making 286-layer NAND flash memory chips, which expand bit density by 50% compared with 8th-generation V-NAND tech.
Vietnam commits $1.08bn to train chip engineers
April 26, 2024
Vietnam has joined the race to be a destination for the world's leaving chip firms by pledging $1.08 billion for the training of 50,000 semiconductor engineers by 2030.
Mobis starts construction of new EV battery plant in Spain
April 25, 2024
Auto parts maker Hyundai Mobis is starting the construction of a new plant in Spain. The new electric vehicle battery system plant will serve as a dedicated facility supplying Volkswagen.
Toradex acquires Linear Computing
April 25, 2024
Embedded systems specialist Toradex announces that it has acquired Linear Computing Inc. (LCI).
Mycronic receives order for a Prexision 80 Evo
April 25, 2024
Swedish Mycronic has received a replacement order for a Prexision 80 Evo from an unnamed, but existing customer in Asia.
China beefs up its chip production – grew 40% in 1Q24
April 25, 2024
Backed by official support and continued industry investments, China's total chip production reportedly surged by 40% during the first quarter of 2024 – reaching 98.1 billion units.
SK Hynix to invest $3.86B in DRAM production in South Korea
April 24, 2024
SK hynix says that it plans to expand production capacity of the next-generation DRAM, including HBM, in response to the rapidly increasing demand for AI semiconductors.
Thales expands production at its site in Arnstadt
April 24, 2024
In an update, Thales says that expanding its circuit board production at the transport site in Arnstadt, Germany.
DigiKey and 3PEAK establish global distribution partnership
April 24, 2024
DigiKey has expanded its product portfolio through a strategic global distribution partnership with 3PEAK, a high-performance developer of semiconductor technology.
Scanfil is gearing for future growth
April 24, 2024
Turnover took a hit during Scanfil's first quarter and decreased 11.5%. The EMS provider faced lower market demand compared to last year and the focus was therefore on improving operations and protecting the operating margin.
From Fusion to Chip 1 Exchange – Behzad Monfared joins as EVP
April 23, 2024
Global distributor of electronic components, Chip 1 Exchange, is expanding its leadership team with the addition of Behzad Monfared as Executive Vice President.
Silicon Creations hits milestone of 10 million wafers in production with TSMC
April 23, 2024
Silicon Creations, a supplier of high-performance analog and mixed-signal IP, has reached a significant milestone: surpassing 10 million wafers in production containing its IP in collaboration with semiconductor foundry TSMC.
AI demand drives growth in QLC enterprise SSD shipments
April 23, 2024
North American customers are increasing their orders for storage products as energy efficiency becomes a key priority for AI inference servers.
Contac Solutions acquire Weka kabelkonfektion
April 23, 2024
Swedish Contac Solutionn acquires Weka Kabelkonfektion GmbH in Lilienthal outside Bremen, Germany. Weka has a long history of manufacturing cable harnesses and has for several years had a collaboration with Contac.
Load more news