EU approves €5 billion subsidy to support TSMC's German fab
August 20, 2024
The European Commission has approved, under EU State aid rules, a EUR 5 billion German measure to support European Semiconductor Manufacturing Company (ESMC) in the construction and operation of a microchip manufacturing plant in Dresden.
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Singapore woos wafer fabs with real estate offer
July 22, 2024
A Singaporean government agency has announced an 11% increase in land allocated for wafer manufacturing in an attempt attract more inward investment.
Dentressangle in talks to acquire Presto Engineering
July 09, 2024
French investment group Dentressangle has made a move for its compatriot firm Presto Engineering, which specialises in ASIC design, testing and production.
GlobalFoundries acquires Tagore Technology’s GaN technology
July 03, 2024
GlobalFoundries has acquired Tagore Technology’s proprietary Power Gallium Nitride (GaN) IP portfolio, a high-power density solution designed to push the boundaries of efficiency and performance in a wide range of power applications in automotive, IoT and AI datacenter.
US government pledges $75 million to Entegris
June 28, 2024
The Biden-Harris Administration will provide Entegris with up to $75 million in proposed federal incentives under the CHIPS and Science Act to boost the US chip supply chain.
BAE and GlobalFoundries team up on chips for security
June 24, 2024
The two firms have announced a collaboration to boost the domestic fabrication and packaging of secure chips for use in aerospace and defence.
ElevATE and GF partner on high-voltage chips
June 13, 2024
ElevATE Semiconductor and GlobalFoundries have entered into a manufacturing partnership for high-voltage chips produced at GF’s facility in Essex Junction, Vermont.
Top 10 global foundries see 4.3% QoQ drop in 1Q24
June 12, 2024
The first quarter of 2024 marked the entry of a traditional off-season for the consumer end, according to a survey by TrendForce. Orders were mainly for restocking inventory, and the supply chain was slow overall. Economic risks like inflation and geopolitical conflicts led to revisions in forecasts for automotive and industrial equipment. AI servers played a key role in supporting the supply chain. Despite this, the top 10 global foundries saw a 4.3% revenue drop to USD 29.2 billion.
Kevin O’Buckley to lead Foundry Services at Intel
May 14, 2024
Stuart Pann, Senior Vice President and General Manager of Foundry Services, will retire from Intel after 35 years of service at the end of May. He will be succeeded by Kevin O’Buckley.
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.
Huawei to develop lithography tech at new R&D centre
April 12, 2024
Chinese tech giant Huawei is reported to be building a new research unit in Shanghai. It wants to develop chipmaking tools that could eventually rival those of ASML, Canon, and Nikon.
Samsung Electronics lines up new $6bn US subsidy
March 15, 2024
The Biden administration is preparing to extend another huge grant to Samsung Electronics to encourage the Korean firm to invest in the US manufacturing base.
Moov launches EU expansion
March 13, 2024
Moov, a company operating a marketplace for used semiconductor equipment, has hired Eric Tribolet as Director of European Sales, to help the company expand its presence in European markets.
Global top 10 foundries Q4 revenue up 7.9%
March 12, 2024
The latest TrendForce report reveals a notable 7.9% jump in 4Q23 revenue for the world’s top ten semiconductor foundries, reaching USD 30.49 billion.
US government to invest $3.5 billion in Intel military tech?
March 08, 2024
Online reports say the US has approved funding to support the production of advanced semiconductors for military and intelligence programmes by Intel.
GlobalFoundries bags a $1.5bn government grant
February 19, 2024
The US government has awarded USD 1.5 billion to contract chipmaker GlobalFoundries. The firm will use the funds to build a new site in New York and expand existing operations in Vermont.
Infineon and GF extend long-term deal
January 23, 2024
Infineon and GlobalFoundries have signed a new multi-year agreement on the supply of Infineon’s 40nm automotive MCUs.
Amkor and GlobalFoundries kickstart European partnership
January 16, 2024
Amkor Technology and GlobalFoundries have officially kicked off their strategic partnership in Europe with a ribbon-cutting ceremony at Amkor's Porto, Portugal, facility today January 16, 2024.
Silicon Labs starts the search for new CFO
December 12, 2023
As John Hollister will depart from Silicon Labs to join partner GlobalFoundries as CFO; CAO Mark Mauldin to be named interim CFO.
Silicon Labs Announces CFO Transition
From Silicon Labs to GF – John Hollister joins as CFO
December 11, 2023
GlobalFoundries announces that John Hollister will join the company as CFO, effective February 5, 2024. Hollister, who is a semiconductor industry veteran, will be responsible for GF’s financial strategy and will lead the company’s global finance organisation.
Top 10 foundries experience 7.9% QoQ growth in 3Q23
December 06, 2023
The third quarter of 2023 was a dynamic quarter for the global foundry industry – marked by an uptick in urgent orders for smartphone and notebook components, according to TrendForce’s research.
Germany clears Bosch, Infineon and NXP stakes in TSMC fab
November 07, 2023
The German cartel office (the Bundeskartellamt) has cleared plans by Bosch, Infineon and NXP to each acquire 10% of the shares in European Semiconductor Manufacturing Company (ESMC), a company established by TSMC.
GF to speed up production of next-Gen GaN chips
October 19, 2023
In partnership with the US Government, GlobalFoundries' semiconductor manufacturing facility in Vermont moves closer to large-scale production of next-gen gallium nitride (GaN) chips.
China to boost its mature process capacity
October 18, 2023
The global ratio of mature (>28nm) to advanced (>16nm) processes is expected to be about 7:3 between 2023 and 2027, according to TrendForce. China's mature process capacity is expected to increase from 29% this year to 33% by 2027.
Globalfoundries could invest $8 billion in Dresden
September 29, 2023
The US semiconductor manufacturer is looking to expand its operations in Dresden, Germany – if all the pieces fall into place, GlobalFoundries could double the capacity by the end of the decade.
Microchip’s 28nm SuperFlash memory solution in production at GF
September 28, 2023
Microchip’s 28nm SuperFlash embedded flash memory solution has entered production at semiconductor manufacturer GlobalFoundries.
GF creates 300 new jobs as it opens new Malaysia facility
September 27, 2023
GlobalFoundries has officially opened its new hub facility in Penang, Malaysia. This new facility will create 300 high-value manufacturing support roles, including technicians, engineers, administrative and support functions.
GF applies for CHIPS Act funding
September 26, 2023
GlobalFoundries says it has applied for U.S. CHIPS and Science Act Funding, with two full applications submitted to the CHIPS Program Office. With the submitted applications the semiconductor manufacturer is looking to expand capacity and modernise its U.S. manufacturing facilities.
GlobalFoundries opens $4 billion Singapore expansion
September 12, 2023
The US semiconductor foundry has officially opened its USD 4 billion fabrication plant expansion in Singapore.
Top 10 foundries report a 1.1% quarterly decline in 2Q23
September 05, 2023
TrendForce reports an interesting shift in the electronics landscape: dwindling inventories for TV components, along with a surging mobile repair market that’s been driving TDDI demand, have sparked a smattering of urgent orders in the Q2 supply chain.
Pixelworks appoints new COO for Shanghai subsidiary
September 04, 2023
Pixelworks, a provider of video and display processing solutions, has appointed Wallace Pai as Executive Vice President and Chief Operating Officer of its Shanghai-based subsidiary, Pixelworks Semiconductor Technology (Shanghai), otherwise called PWSH.
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