Intel appoints former board member Lip-Bu Tan as CEO
March 13, 2025
Tan, a chip industry veteran, replaces interim co-CEOs David Zinsner and MJ Holthaus, who took temporary charge in December when Patrick Gelsinger was ousted as Intel CEO.
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After Northvolt's collapse: national action needed to protect production
March 12, 2025
The news of battery manufacturer Northvolt’s bankruptcy hit Sweden hard, but maybe hardest of all it hit the northern city of Skellefteå – the city where its Gigafactory is located.
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.
New job cuts as Wolfspeed pushes for positive cash flow
March 12, 2025
In late January, Wolfspeed outlined a series of strategic initiatives aimed at improving financial performance and securing long-term growth. The plan focuses on three key areas: accelerating the path to positive free cash flow, strengthening the balance sheet, and raising cost-effective capital.
CCI clears ONGPL’s proposal to acquire Ayana for $2.3B
March 12, 2025
This is the second mega deal in India’s renewable energy sector after Adani Green Energy acquired SB Energy India from SoftBank Group and Bharti in an all-cash deal worth USD 3.5 billion in 2021.
ASML and imec team up to advance European research and sustainability
March 11, 2025
ASML and imec have entered into a new five-year strategic partnership aimed at advancing semiconductor research and sustainability in Europe. The agreement will leverage both companies' expertise to drive technological innovation and sustainable initiatives in the semiconductor industry.
Navigating the EU Digital Product Passport: challenges and opportunities
March 11, 2025
As the EU advances with its Digital Product Passport (DPP) initiative, industries must prepare for a major shift in how material compliance and sustainability data are managed. As a key part of the Ecodesign for Sustainable Products Regulation (ESPR), the DPP has been rolling out since 2024 and will impact industries ranging from consumer electronics to automotive and industrial equipment.
DHL and Cox Automotive launch UK EV battery service center
March 11, 2025
DHL Supply Chain and Cox Automotive have announced a partnership to provide in-life EV battery services for customers.
Scanfil inks deal with Leardal Medical for Malaysian factory
March 11, 2025
Laerdal Medical and EMS provider Scanfil have signed a framework agreement for manufacturing at Scanfil’s newly acquired Malaysian factory in Johor Bahru.
Nearfield Instruments expands to the US
March 11, 2025
Dutch developer of advanced metrology and inspection solutions for the semiconductor industry, Nearfield Instruments, has established a US subsidiary – strengthening the company's presence in North America.
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.
Siemens boosts US investments by more than $10 billion
March 11, 2025
Having recently opened new and expanded factories in Texas and California, which are expected to create over 900 manufacturing jobs, the German company is boosting its US investments by more than USD 10 billion.
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.
Kalyani partners with Compal to make servers in India
March 10, 2025
South Korea’s Compal Electronics will provide the Indian company with technological support related to servers, including overseeing local production, assembly, testing activities and final sales.
Graid secures $30M to boost data storage, protection
March 10, 2025
This Series B funding round was led by HH-CTBC Partnership, a joint venture fund between Foxconn and CTBC, alongside Yuanta Ventures.
UBE breaks ground on $500M battery material plant in Louisiana
March 10, 2025
The plant will produce 100,000 tons of DMC per year and 40,000 tons of EMC derived from DMC annually. The facility is scheduled for completion in July 2026, and begin operations in November 2026.
Tamil Nadu plans 6 BESS units to meet power demand
March 10, 2025
The project with a combined capacity of 500 MW will be implemented under a Build-Own-Operate (BOO) model with a two-hour discharge cycle, enabling the stored energy to be released as needed.
Porsche acquires majority stake in V4Drive
March 10, 2025
German battery maker Varta’s eMobility subsidiary, V4Drive, will operate under the name “V4Smart”. While Varta remains a minority shareholder, it won’t exercise any operational influence.
indie partners with GF to boost automotive radar tech
March 07, 2025
These high-performance radar systems-on-chip (SoC), manufactured on GlobalFoundries’ 22FDX platform, will target 77 GHz and 120 GHz radar applications for advanced driver assistance systems.
General Atomics acquires North Point Defense
March 07, 2025
This acquisition enhances GA’s capabilities in the rapidly evolving SIGINT field, positioning the company to deliver advanced ISR solutions for air, sea, ground, and space platforms.
South Korea plans $34B fund for strategic sectors like chips, AI
March 07, 2025
The state-run Korea Development Bank’s 50 trillion won (USD 34.37 billion) fund will be offered to firms in national strategic industries through cheap loans and other investments.
CDIL teams up with Infineon to make power chips
March 07, 2025
Under the agreement, German firm Infineon will supply bare semiconductor wafers to CDIL, which the Indian company will process and use for assembly and packaging to make power chipsets.
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.
Marquardt opens new manufacturing plant in India
March 06, 2025
German mechatronics specialist Marquardt is expanding its presence in India and has officially opened a new plant in Talegaon, near Pune.
Malaysia partners with Arm to boost semiconductor innovation
March 06, 2025
The Government of Malaysia has entered into a strategic partnership with Arm Limited through a Memorandum of Understanding (MOU) and contract, taking a significant step in the nation’s semiconductor and artificial intelligence (AI) development efforts.
Cicor makes an offer to acquire a part of Éolane
March 06, 2025
The previously disclosed discussions between Cicor and Éolane Farnce have reached an advanced stage, and a public offer has been submitted.
Trump slams CHIPS act in congress – credits tariffs for investments
March 05, 2025
In an address to Congress on Tuesday, US President Donald Trump called the CHIPS Act a “horrible, horrible thing” and credited his administration's economic policies for a surge in domestic investment.
Intel postpones $28 billion chip manufacturing project
March 05, 2025
Intel has announced the postponement of its planned USD 28 billion chip manufacturing project in Ohio until 2030.
Jabil expands with new factory in India
March 05, 2025
EMS provider Jabil says that it will open a new factory in Gujarat, its second factory in India.
eXception PCB boosts production with new DI system
March 05, 2025
UK-based PCB manufacturer eXception PCB has invested in a Nuvogo 1000R. The direct imaging solution enhances production of high-density interconnect (HDI) PCBs, flex and rigid-flex PCBs, and multilayer PCBs.
Weak demand pushes 4Q24 NAND revenue down 6.2%
March 05, 2025
TrendForce’s reports that the NAND Flash market faced downward pressure in 4Q24 as PC and smartphone manufacturers continued inventory clearance efforts, leading to significant supply chain adjustments.
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