5,000 jobs at risk as Swedish battery giant files for bankruptcy
March 12, 2025
The Swedish battery manufacturer Northvolt has officially filed for bankruptcy in Sweden. The company says that it reached the decision following an "exhaustive effort to explore all available means to secure a viable financial and operational future for the company."
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HPE to cut 2,500 jobs as tariffs rock the market
March 11, 2025
Hewlett Packard Enterprise (HPE) announced plans to lay off 5% of its global workforce, approximately 2,500 employees, as part of a cost-saving initiative projected to yield USD 350 million in gross savings by fiscal 2027.
Global Semiconductor sales increase 17.9% YoY in January
March 11, 2025
Global semiconductor sales hit USD 56.5 billion during the month of January 2025, an increase of 17.9% compared to the January 2024 total of USD 47.9 billion but 1.7% less than the December 2024 total of USD 57.5 billion, reports the Semiconductor Industry Association (SIA).
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.
Alkaline battery market to reach $14.3B by 2033
March 10, 2025
AA (LR6) and AAA (LR03) batteries remain the most dominant sizes, powering everything from household gadgets like remote controls and flashlights to industrial tools and medical devices.
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.
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.
Toyota teams up with Japanese oil giant to build all-solid-state EV batteries
March 03, 2025
Japanese automaker Toyota has teamed up with the oil giant Idemitsu Kosan to construct a large-scale lithium sulfide plant to supply raw materials for Toyota’s all-solid-state EV battery production line.
Supply chain reset – from excess to equilibrium
February 27, 2025
The global electronic component supply chain is expected to transition from excess inventory to a more balanced demand environment in 2025, according to a recent report from independent distributor Fusion Worldwide.
SUMCO to end wafer production at Miyazaki plant amid market shifts
February 20, 2025
Japanese silicon wafer manufacturer SUMCO says it will stop 200mm wafer production at the Miyazaki plant by 2026
AI demand and production cuts to boost NAND prices in 2H25
February 19, 2025
The NAND Flash market remains oversupplied in early 2025, keeping prices low and pressuring suppliers. However, TrendForce predicts a rebound in the second half as AI-driven demand rises and production slows.
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Arrow Electronics at embedded world 2025
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Allianz UK warns of EV battery fire dangers after multi-million-pound insurance claims
February 14, 2025
Allianz UK is warning auto manufacturers and dealerships about the risks of EV battery fires, which, after multiple incidents, resulted in more than £6.5 million in successful insurance claims.
Saab opens advanced UK manufacturing facility
February 12, 2025
Swedish aerospace and defence company Saab has officially opened a new advanced manufacturing facility in Fareham, Hampshire, UK.
Global semiconductor sales increase 19.1% in 2024
February 11, 2025
Global semiconductor sales hit USD 627.6 billion in 2024, an increase of 19.1% compared to the 2023 total of USD 526.8 billion, reports the Semiconductor Industry Association (SIA).
Evertiq Expo returns to Sophia Antipolis and sets new record
February 10, 2025
On February 5, Evertiq Expo Sophia Antipolis reached new heights, setting a visitor record as Evertiq brought its Expo concept to the French Riviera for the second time.
Chinese-African Joint EV Battery Venture Pushes Through Western Tariffs
February 07, 2025
China continues its cooperation with Africa to negate Western tariffs on its EV battery industry with its latest partnership with Morocco.
NXP could cut 1,800 jobs amid market headwinds
February 05, 2025
The Dutch semiconductor company has a total workforce of over 34,000 employees, including about 2,500 in the Netherlands.
Zeekr releases next-generation “Golden Battery” EV technology
February 04, 2025
The new Golden Battery designed for EVs can charge from 10% to 80% in just nine minutes, heralding a new era of fast-charging technology.
Trump pauses tariffs on Mexico and Canada
February 04, 2025
Just hours before they were scheduled to take effect, US President Donald Trump paused the implementation of sweeping tariffs on Canada and Mexico.
The EU in Trump's crosshairs as tariff war expands
February 03, 2025
President Donald Trump is escalating his trade war, imposing new tariffs on key US trading partners, with the European Union now in his sights.
Japan chip curbs: China warns of adverse impact on supply chain
February 03, 2025
The new export controls, which are scheduled to come into effect at the end of May, include curbs on cutting-edge chips, lithography equipment and cryocoolers needed to make quantum computers.
Samsung, LG may shift home appliance production to US
January 23, 2025
South Korean electronics giants Samsung Electronics and LG Electronics are reportedly evaluating plans to relocate some of their home appliance production from Mexico to the United States.
What has happened since China cut the export tax rebate?
January 17, 2025
In December last year, China implemented a significant change to its export rebate system, a significant shift in global trade dynamics.
US tightens export controls on advanced AI technologies
January 15, 2025
The US Department of Commerce's Bureau of Industry and Security (BIS) has issued an interim final rule, effective January 13, 2025, enhancing export controls on advanced computing ICs and certain artificial intelligence (AI) model weights.
AI infrastructure to dominate MLCC Demand in 2025
January 15, 2025
The US economy surpassed expectations in late 2024, but sustained high interest rates in 2025 may hinder spending and investment. Against this backdrop, TrendForce projects a 3% QoQ drop in MLCC shipments for Q1 2025.
Threat of new tariffs cast shadows over 2025
January 14, 2025
Potential tariff increases on major U.S. trading partners, including China, Canada, and Mexico, could significantly raise the cost of electronic components in 2025.
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Join the PEDC – Pan-European Electronics Design Conference on 29–30 January 2025 in Vienna!
The Pan-European Electronics Design Conference (PEDC) will take place on 29–30 January 2025 in Vienna. This event is jointly organised by IPC and the German Electronics Design and Manufacturing Association (FED). It promises to be an outstanding forum for the exchange of knowledge and innovation in electronics design. The aim of the PEDC is to foster dialogue between industry, academia, and research at the European level while showcasing the latest developments, technologies, and best practices in the electronics sector. In short: Design Meets AI: Innovating Electronics.
GlobalFoundries and IBM settle ongoing lawsuits
January 08, 2025
GlobalFoundries and IBM have settled their ongoing lawsuits, resolving all litigation matters, including breach of contract, trade secrets and intellectual property claims between the two companies.
JSW Energy to acquire O2 Power’s 4.7 GW portfolio for $1.47B
January 02, 2025
India’s JSW Energy’s JSW Neo Energy is acquiring renewable energy platform O2 Power’s subsidiaries in a deal worth USD 1.47 billion.
China and Korea to overtake Japan in commercialization of All-Solid-State Batteries
January 02, 2025
China and South Korea are expected to overtake Japan in the commercialization of semiconductor batteries in 2024 thanks to a subsidy of more than $660 million, according to recent TrendForce reports.
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