Evertiq - First In Electronics News & Expo

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fab2-exterior

September 02, 2025
Global foundry revenue rose 14.6% quarter-on-quarter (QoQ) in the second quarter of 2025 to a record USD 41.7 billion, according to TrendForce. The increase was driven by China’s consumer subsidy program and early demand for smartphones, notebooks, PCs, and servers ahead of second-half launches, reports TrendForce.

June 11, 2025
The global foundry industry recorded USD 36.4 billion in revenue for Q1 2025, representing a 5.4% quarter-on-quarter decline, according to TrendForce. The revenue drop was softened by last-minute rush orders ahead of the US reciprocal tariff exemption deadline and continued demand driven by China’s 2024 consumer subsidy program.

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axonite_chip

May 02, 2025
In June 2024, the Indian company had applied for government incentives under the India Semiconductor Mission (ISM) to build a compound semiconductor chip fabrication unit in Karnataka.

TOP-10

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.

December 05, 2024
TrendForce reports that despite a weak economy in Q3 2024, new smartphone and PC launches, along with strong demand for AI servers, boosted wafer foundry capacity utilisation compared to Q2.

building

November 27, 2024
Semiconductor foundry Tower Semiconductor has released its new 300mm Silicon Photonics (SiPho) process as a standard foundry offering.

geralt-computer-chip

September 19, 2024
RRP Electronics is investing ₹120 billion in the first phase of the project and has pledged to invest an additional ₹240 billion (USD 2.8 billion) in the second phase, which will be a fab unit.

building

September 10, 2024
Tower Semiconductor and India's Adani Group are planning to invest USD 10 billion in a semiconductor manufacturing facility in the Indian state of Maharashtra, according to a statement made by the state’s Deputy Chief Minister.

Headquarters

September 09, 2024
ThinQ ON is a smart speaker embedded with generative AI agent, Furon, which is backed by the GPT-4o large language model.

geralt-computer-chip

September 06, 2024
The fab project is to be jointly set up by India’s Adani Group and Israel’s Tower Semiconductor. However, it requires the approval of the central government.

September 03, 2024
Customers have started to restock components following the arrival of China's 618 mid-year shopping season and consumer electronics inventory levels approaching healthy levels. This has led to urgent orders for wafer foundries, reports TrendForce.

handshake

August 05, 2024
M31 Technology Corporation (M31), a provider of silicon intellectual property, has teamed up with Tower Semiconductor yielding the successful development of static random access memory (SRAM) and read-only memory (ROM) IP products using a 65nm process.

fab14-inside

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.

April 29, 2024
Japanese electronics giant Sharp is set to create a 1000 acre facility in India to manufacture its latest-generation displays.

fab14-inside

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.

newport-beach

March 07, 2024
Tower Semiconductor is reportedly planning to shut down most of its operations in Newport Beach, California for a period of three weeks – which will result in nearly 700 employees taking leave during this time.

Migdal-Haemek-Plant

February 16, 2024
Israel-based contract chipmaker Tower saw its quarterly sales fall by 12.7% – better than estimates by $2 million.

lab

February 12, 2024
Online reports say Tower Semiconductor has submitted a proposal to create a major new facility, with the Indian government paying half of the cost.

pile-of-wafers

February 02, 2024
Nine companies including Tata and Texas Instruments are competing for a USD 1 billion contract to modernise a 180nm chip manufacturing plant in India.

laboratory-production

January 30, 2024
Intel and UMC officially announced their landmark collaboration on January 25, 2024, geared toward developing the 12-nanometer process. TrendForce believes that this partnership, which leverages UMC’s diversified technological services and Intel’s existing factory facilities for joint operation, not only aids Intel in transitioning from an IDM to a foundry business model but also brings a wealth of operational experience and enhances manufacturing flexibility.

Japan-fabs

January 02, 2024
Tower Semiconductor has provided an update following the recent earthquake in Ishikawa Prefecture in Japan, the neighbouring Prefecture to where its two Japanese manufacturing facilities are located.

Japan-earthquake-jan-2023

January 02, 2024
TrendForce’s investigation into the impact of the recent strong earthquake in the Noto region of Ishikawa Prefecture, Japan, reveals that several key semiconductor-related facilities are located within the affected area.

fab14-inside

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.

Migdal-Haemek-Plant

October 20, 2023
Online reports say Indian conglomerate Reliance Industries is planning a bid for Israeli company Tower Semiconductor.

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.

tower-logos

September 06, 2023
Following the cancelled deal between Intel and Tower Semiconductor, a deal which would have created a new foundry giant, the companies have reached a new deal – a deal to cooperate.

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.

Migdal-Haemek-Plant

August 16, 2023
The rumours proved to be true, Intel has chosen to terminate its acquisition of Tower Semiconductor.

August 16, 2023
According to sources familiar with the subject, Intel will abandon its USD 5.4 billion proposal to acquire Israeli Tower Semiconductor when their contract expires later on Tuesday – without Chinese regulatory approval.

number-of-fabs-using-300mm

August 11, 2023
At the end of 2022, there were 167 semiconductor fabs processing 300mm wafers for the fabrication of ICs, including CMOS image sensors, and non-IC products such as power discretes.

new-rd-facility-in-hyderabad-ogm-tower

July 04, 2023
With a capacity for 1,000 employees, Microchips' new 168,000-square-foot centre will support the company's growth plans for years to come.

global-top-10-foundry-companies-market-share-2022

July 03, 2023
The global semiconductor foundry market grew 27.9% YoY in 2022. However, it is projected to decrease by 6.5% YoY in 2023 due to inventory adjustments, according to IDC.

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