Renesas expects significant loss following Wolfspeed restructuring deal
June 25, 2025
As previously reported by Evertiq, Wolfspeed has entered into a restructuring agreement with key creditors aimed at reducing its debt load and cash interest expenses. Renesas Electronics is among the parties that have signed the Restructuring Support Agreement, a move expected to result in a substantial financial loss for the Japanese semiconductor company.
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Wolfspeed moves to slash debt through bankruptcy plan
June 23, 2025
US-based semiconductor manufacturer Wolfspeed has entered into a restructuring agreement with key creditors that will significantly reduce its debt load and cash interest expenses. The company plans to implement a pre-packaged Chapter 11 bankruptcy filing in the near future.
Wolfspeed reportedly preparing for bankruptcy
May 21, 2025
Wolfspeed is said to be preparing a Chapter 11 bankruptcy filing within weeks, according to reports from The Wall Street Journal and Reuters. The move comes after failed restructuring talks and growing financial pressure from falling demand and aggressive Chinese competition.
Renesas advances India partnership, enhances R&D teams
May 14, 2025
These MOUs focus on supporting local startups by enabling them to drive technological advancement and promote local manufacturing in alignment with the Make in India initiative; and enhancing industry-academia collaboration by fostering an innovative, product-focused mindset among students.
Polar to onshore fabrication of advanced devices on 200mm wafers
April 23, 2025
Polar Semiconductor, a US-owned merchant foundry specialising in sensor, power, and high-voltage semiconductors, has signed a strategic agreement with Renesas to license their Gallium Nitride on Silicon D-Mode (GaN-on-Si) technology.
GaN semiconductor devices market to reach $19.5B by 2031
March 07, 2025
The expansion of 5G networks globally is significantly contributing to the demand for Gallium Nitride (GaN) semiconductor devices in RF and power electronics applications.
Top 10 largest semiconductor suppliers in 2024
February 06, 2025
It has become a tradition that on the occasion of each Evertiq Expo we publish a Top List dedicated to a different branch of the electronics industry. On February 6, the second edition of our expo was held in Sophia Antipolis, which is recognized as the capital of France's Silicon Valley. So this time we publish the Top 10 global semiconductor suppliers - we based the list on the latest data published by Gartner.
Five companies control 50% of the automotive semiconductor market
January 22, 2025
The automotive industry’s impact on the global economy cannot be ignored. And currently, the automotive industry is going through a dramatic transformation – driven by electrification, autonomous driving and new mobility models.
"China for China" gains momentum among European tech companies
January 09, 2025
Geopolitical dynamics are accelerating the formation of the “China for China” supply chain, driven by China’s vast domestic market. This trend is particularly evident in the automotive sector, says TrendForce pointing to its latest research.
Honda and Renesas sign agreement to develop high-performance SoC
January 09, 2025
Honda Motor and Renesas have signed an agreement to develop a high-performance system-on-chip (SoC) for software-defined vehicles (SDVs).
Semiconductor growth slows down in 2025
November 26, 2024
The semiconductor market reached USD 166 billion in 3Q24, a 10.7% growth from 2Q24, according to the World Semiconductor Trade Statistics (WSTS). This marks the strongest QoQ growth since 3Q16 when growth hit 11.6%. On a YoY basis, the market grew by 23.2% in 3Q24, the highest since 4Q21's 28.3%.
Jacobs secures design contract for CG Semi’s OSAT unit in Gujarat
October 11, 2024
As the project’s EPCS partner for the mini Line and the engineering partner for the main Line, Jacobs will play a critical role in helping CG Semi establish the semiconductor hub.
Vision 2050: Vietnam plans to set up over 20 semiconductor plants
October 11, 2024
Vietnam’s semiconductor industry is targeting a revenue of USD 25 billion by 2030.
CG Power acquires RF components unit of Renesas for $36 million
October 07, 2024
Through this transaction, CG will acquire IP, tangible assets and select employees across various functions such as semiconductor design, marketing and applications.
Renesas completes Altium acquisition
August 01, 2024
Japanese semiconductor company Renesas has completed its buyout of Australian electronics design systems specialist Altium Limited.
Japanese PM promises new law to support chip firms
July 26, 2024
Japan's Prime Minister Fumio Kishida has pledged to boost domestic mass production of advanced semiconductors and related R&D with new legislation.
Japanese chip firms could invest $31 billion by 2029
July 10, 2024
Major firms such as Sony Group and Mitsubishi Electric are planning to spend USD 31 billion in CAPEX this decade to boost production of power devices and image sensors, says a Nikkei report.
Green light for Renesas acquisition of Altium
July 02, 2024
Renesas and Altium announced that the Committee on Foreign Investment in the United States (CFIUS) has cleared their proposed merger transaction, confirming no national security concerns.
TDK launches InvenSense sensor partner programme
June 28, 2024
Renesas, Qualcomm and Ambiq Micro are among the companies that have joined TDK Corp's partner programme. The scheme gives developers access to its InvenSense sensor reference designs and SDKs.
Renesas completes acquisition of Transphorm
June 24, 2024
The acquisition will provide Japan-based Renesas with access to GaN technology, and the ability to pursue growing markets such as EVs, renewable energy, industrial power conversion and fast chargers/adapters.
Renesas announces execution of facilities agreement for Altium acquisition
May 30, 2024
Earlier this February, Japanese semiconductor company Renesas announced that it had entered into an agreement to acquire Australian electronics design systems specialist Altium Limited.
Sharp considering $5bn investment in new Indian display fab
April 29, 2024
Japanese electronics giant Sharp is set to create a 1000 acre facility in India to manufacture its latest-generation displays.
Renesas share impact of the April 17 earthquake
April 23, 2024
A magnitude 6.6 earthquake, measuring a weak 6 on Japan’s seismic intensity scale, struck off the west coast of Shikoku island on April 17.
Samsung slipped to third place in global top 20
April 18, 2024
According to Omdia's latest report the semiconductor industry experienced a downturn in the market, with 2023 revenues slipping 9% to USD 544 billion compared to 2022. This decline however follows two years of record growth – which only serves to illustrate the cyclical nature of the industry.
Renesas reboots its Kofu plant after nine years
April 15, 2024
Renesas Electronics has resumed operations at its Kofu Factory in Kai City to cope with increased demand for its power semiconductors from EV makers.
Wolfspeed tops out world’s largest SiC facility
March 27, 2024
Wolfspeed has celebrated the topping out of construction at the USD 5 billion John Palmour Manufacturing Center for Silicon Carbide.
LeddarTech secures licence to commercialise Renesas SoCs
March 22, 2024
Nasdaq-listed LeddarTech Holdings has concluded a long-term deal with Renesas Electronics America based around the latter's LCA2 and LCA3 programmable system-on-chip (SoC) product families.
Renesas forms new JV to build OSAT facility in India
March 19, 2024
CG Power and Industrial Solutions Limited, Renesas and Stars Microelectronics recently signed an agreement to establish a joint venture to build and operate an OSAT facility in India.
RRP Electronics to invest $600m in new OSAT plant
March 18, 2024
India's RRP Electronics has teamed up with a consortium of unnamed European companies to construct the first OSAT semiconductor facility in the Maharashtra region.
India approves first semiconductor fab
March 01, 2024
The Indian government has rubber stamped a $15.2 billion budget to build three new semiconductor plants, including the country's first 12-inch wafer fab.
Renesas abandons proposed Sequans acquisition
February 26, 2024
Japanese semiconductor company Renesas has terminated its MOU to purchase Sequans Communications.
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