
Industry News
12 Mar 2025
By South China Morning Post
TSMC has pitched Nvidia, AMD, Broadcom about joint venture to run Intel foundry: sources
Taiwan Semiconductor Manufacturing Company (TSMC) has pitched US chip designers Nvidia, Advanced Micro Devices (AMD) and Broadcom about taking stakes in a joint venture that would operate Intel’s factories, according to four sources familiar with the matter.
Under the proposal, the Taiwanese chipmaking giant would run the operations of Intel’s foundry division, which makes chips adapted for the needs of customers, but it would not own more than 50 per cent, the sources said. Qualcomm has also been pitched by TSMC, according to one of the sources and a separate source.
12 Mar 2025
By TrendForce
South Korea Extends Work Hour Flexibility for Semiconductor R&D to Boost Competitiveness
Previously, there were concerns that South Korea’s legal work-hour restrictions could weaken the competitiveness of its tech industry. According to Chosun Biz, the government now plans to introduce a provision extending the special work-hour exemption for semiconductor research positions from the current 3 months to 6 months per instance
As highlighted by the report, the government plans to allow the semiconductor industry to apply the special extension work increased in authorization period per instance within a month at the earliest.
11 Mar 2025
By TrendForce
Samsung Electronics Begins First-Half Hiring, But Not for System Semiconductor Division
Recently, The Korea Economic Daily reported that Samsung Electronics has been closely reviewing its chip design and foundry businesses and is considering a potential restructuring due to ongoing struggles. This concern is also reflected in its hiring strategy. As noted by Korean media outlet NewsPim, Samsung Electronics has begun its first-half open recruitment but has decided not to hire new employees for its System Semiconductor division.
7 Mar 2025
By Mass Device
Reflow Medical expands global reach with European subsidiary
Reflow Medical announced today that it opened a European subsidiary in Landsberg am Lech, Germany, to expand outside the U.S.
The company said its strategic expansion strengthens its international presence and enhances its ability to serve markets globally.
SVP and GM Knut Saurteig leads the subsidiary, called Reflow Medical Europe GmbH. Under his leadership, the subsidiary’s focus centers around establishing direct sales channels and forging strategic distribution partnerships across multiple regions.
7 Mar 2025
By AP News
Siemens announces $285 million investment in US manufacturing
LOS ANGELES (AP) — Siemens plans to invest $285 million in manufacturing in the United States, the tech company said Thursday, including two new facilities in California and Texas.
The U.S. is the largest market for the company. The recent investments in the Siemens’ U.S. manufacturing footprint and the planned acquisition of Altair, a Michigan-based software company, mark more than $10 billion in investment in the U.S.
6 Mar 2025
By MSM - Bloomberg
Trump’s Call for Chips Act Repeal Spurned by Key US Lawmakers
(Bloomberg) -- US lawmakers who helped secure billions of dollars in subsidies for domestic semiconductor manufacturing rejected President Donald Trump’s call to revoke the 2022 Chips Act, signaling that any repeal effort in Congress would fall short.
Senate Democratic Leader Chuck Schumer, who negotiated the law, predicted Wednesday that Trump’s demand would fail, while a top Republican proponent, Senator Todd Young, expressed surprise at the president’s comments and said he expects the administration to keep the program running.
6 Mar 2025
By Semiconductor Industry Association
Global Semiconductor Sales Increase 17.9% Year-to-Year in January
WASHINGTON—Mar. 6, 2025—The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $56.5 billion during the month of January 2025, an increase of 17.9% compared to the January 2024 total of $47.9 billion and 1.7% less than the December 2024 total of $57.5 billion. Monthly sales are compiled by the World Semiconductor Trade Statistics (WSTS) organization and represent a three-month moving average. SIA represents 99% of the U.S. semiconductor industry by revenue and nearly two-thirds of non-U.S. chip firms.
6 Mar 2025
By Allegro Microsystems Press Release
Onsemi unveils US$6.9 billion bid to acquire Allegro MicroSystems
MANCHESTER, N.H., March 06, 2025 (GLOBE NEWSWIRE) -- Allegro (NASDAQ: ALGM) ("Allegro" or the "Company") today confirmed that it received an unsolicited proposal from onsemi to acquire Allegro for $35.10 per share in cash on February 12, 2025. The Allegro Board of Directors reviewed the proposal, in consultation with its independent financial and legal advisors, and determined that the proposal was inadequate.
6 Mar 2025
By CNA
New national semiconductor R&D facility in Tampines to open in 2027
SINGAPORE: A new S$500 million (US$374 million) semiconductor fabrication research and development facility will be located in JTC nanoSpace @ Tampines and begin operations in 2027.
To remain a semiconductor powerhouse, Singapore must invest in research and development to drive innovation in the industry, Deputy Prime Minister and Minister of Trade and Industry Gan Kim Yong said on Thursday (Mar 6).
6 Mar 2025
By Medtech Drive
Boston Scientific leads $175M investment in 4C Medical
Boston Scientific led a $175 million investment in heart disease device developer 4C Medical Technologies.
The investment, which 4C Medical disclosed Wednesday, will support an ongoing pivotal trial of the company’s transcatheter mitral valve replacement device in the U.S. and Europe.
4C Medical’s focus on minimally invasive therapies for structural heart disease aligns with Boston Scientific’s activities.