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Manufacturers from China have increased their dominance
September 29, 2023
At least in the in the auto display market. Omdia reports that Chinese companies have emerged as the top suppliers in the automotive display market in the first half of 2023, holding a market share of 45.3%.
DuPont opens adhesives manufacturing facility in China
September 27, 2023
DuPont has officially open its new adhesives production facility in Zhangjiagang (ZJG), East China. The facility will produce adhesives to serve customers in the transportation industry, primarily in lightweighting and electrification applications.
The world of robots - Asia in the lead
September 27, 2023
The new World Robotics report recorded 553,052 industrial robot installations in factories around the world – a growth rate of 5% in 2022, year-on-year. By region, 73% of all newly deployed robots were installed in Asia, 15% in Europe and 10% in the Americas.
Jabil inks deal to divest Mobility business for $2.2B
September 27, 2023
EMS provider Jabil is moving forward with its plans to sell its Mobility business. The company has now entered into a definitive agreement to divest the business to BYD Electronic (BYDE) in a cash transaction valued at USD 2.2 billion.
LG teams up with Huayou for LFP cathode plant in Morocco
September 25, 2023
LG Chem and Huayou Group have signed an MoU to build a 50,000-ton-per-year lithium-phosphate-iron (LFP) plant in Morocco with mass production targeted for 2026.
Alantys inks distribution deal with Runic
September 22, 2023
The French distributor of electronic components, Alantys Technology, has signed a new EMEA distribution contract with Runic, a Chinese manufacturer of Analog/mixed-signal ICs.
12 new 200mm volume fabs to be built by 2026
September 21, 2023
Semiconductor manufacturers worldwide are projected to increase 200mm fab capacity by 14% from 2023 through 2026, adding 12 new 200mm volume fabs (excluding EPI) as the industry reaches a record high of more than 7.7 million wafers per month (wpm), SEMI reports
Infineon and Infypower to advance in new energy vehicle charger market
September 21, 2023
Infineon Technologies has announced a collaboration with Infypower to improve the efficiency of electric vehicle charging stations.
Foxconn’s looking to double its workforce in India
September 18, 2023
EMS provider Foxconn says it is looking to double its workforce and investment in India by next year.
SK Enpulse to sell its wet chemical business in China
September 13, 2023
SK Enpulse, a chip material division of SKC, stated on September 13 that it will sell its wet chemical business, currently operated in China.
ABB invests $280M in new robotics hub in Sweden
September 13, 2023
A 65,000 square metre integrated Robotics Campus will replace the company's existing site, bringing together automated manufacturing, R&D, customer experience and training centers to develop next-gen AI-enabled technologies.
Global fab equipment spending recovery expected
September 13, 2023
Global fab equipment spending for front-end facilities in 2023 is expected to decline 15% year-over-year to USD 84 billion from a record high of USD 99.5 billion in 2022 before rebounding 15% YoY to USD 97 billion in 2024, SEMI reports
Vishay's new Mexican facility boosts manufacturing capacity
September 08, 2023
Vishay Intertechnology has officially opened a new manufacturing facility in Gómez Palacio, Durango, Mexico, where its initial activity will be mass production of power inductors — small electronic components that store and manage energy for handheld devices, computers, automotive electronics, and in many other applications.
EV battery prices continue to drop over 10% in August
September 08, 2023
Insufficient downstream demand has put a damper on both supply and demand in the EV battery market.
Worldwide chip sales down 11.8% YoY
September 08, 2023
Global semiconductor industry sales totalled USD 43.2 billion during the month of July 2023, an increase of 2.3% compared to the June 2023 total of USD 42.2 billion but 11.8% less than the July 2022 total of USD 49.0 billion.
Global Semiconductor equipment billings dip 2% YoY in Q2
September 07, 2023
Global semiconductor equipment billings dipped 2% year-over-year to US$25.8 billion in the second quarter of 2023, while quarter-over-quarter billings slipped 4%, SEMI reports.
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