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Industry News

4 Oct 2024

By Semiconductor Industry Association

Global Semiconductor Sales Increase 20.6% Year-to-Year in August

WASHINGTON—Oct. 4, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $53.1 billion during the month of August 2024, an increase of 20.6% compared to the August 2023 total of $44.0 billion and 3.5% more than the July 2024 total of $51.3 billion.

3 Oct 2024

By DIGITIMES Asia

Rapidus struggles to secure funding amidst 2nm chip ambitions

Rapidus, a Japanese semiconductor startup aiming to mass-produce 2nm chips by 2027, faces significant funding, technology, and market competitiveness challenges.

3 Oct 2024

By Reuters

Biden exempts some semiconductor factories from environmental reviews

WASHINGTON, Oct 2 (Reuters) - President Joe Biden on Wednesday signed legislation that will exempt some U.S. semiconductor manufacturing facilities from federal environmental reviews that are receiving government subsidies.

3 Oct 2024

By Reuters

India's Tata Electronics to partially resume work at fire-hit iPhone component plant

Oct 3 (Reuters) - Tata Electronics said on Thursday it will restart some of its operations at the fire-hit plant in the southern Indian state of Tamil Nadu, which makes Apple, opens new tab iPhone components.

29 Sept 2024

By The Japan Times

SBI to end plant construction tie-up with Taiwanese chipmaker

SBI Holdings announced Friday the dissolution of its partnership with Taiwan's Powerchip Semiconductor Manufacturing Corp. for the construction of a chip factory in Miyagi Prefecture.
The ailing major Taiwanese foundry has told that maintaining the tie-up became too difficult, SBI said.

27 Sept 2024

By LEDinside News

LG Display agrees sale of Chinese LCD plant for $1.5 billion

SEOUL (Reuters) -South Korea's LG Display said on Thursday it had agreed to sell its stake in its large liquid crystal display (LCD) plant in Guangzhou, China, to TCL's LCD unit CSOT for 10.8 billion yuan ($1.54 billion).

The sale includes LG Display's 80% stake in its large LCD panel plant and 100% of its LCD module plant, and is expected to be completed in March 2025, the Apple supplier said in a statement.

27 Sept 2024

By GOV.UK - News

UK Defence supply chain bolstered to support armed forces

A semiconductor factory has been acquired by Ministry of Defence in Newton Aycliffe, County Durham, boosting UK defence capabilities.

27 Sept 2024

By Bloomberg News

Arm Is Rebuffed by Intel After Inquiring About Buying Product Unit

Arm Holdings Plc approached Intel Corp. about potentially buying the ailing chipmaker’s product division, only to be told that the business isn’t for sale, according to a person with direct knowledge of the matter.

26 Sept 2024

By PR Newswire

Tata Electronics and Powerchip Semiconductor Manufacturing Corporation (PSMC) Complete Landmark Agreement for Technology Transfer to Build India's First Semiconductor Fab

NEW DELHI, Sept. 26, 2024 /PRNewswire/ -- Tata Electronics, a wholly owned subsidiary of Tata Sons Pvt. Ltd, a pioneer in India's electronics manufacturing sector, has announced a significant step forward in its journey to establish India's first semiconductor Fab in Dholera, Gujarat. In a landmark move towards establishing semiconductor manufacturing in India, Tata Electronics has completed the Definitive Agreement with Powerchip Semiconductor Manufacturing Corporation (PSMC) of Taiwan. This pivotal agreement is a cornerstone of Tata Electronics' strategy to bring sophisticated semiconductor manufacturing technology and best practices to the shores of India and serve global customers with a robust and resilient supply chain.

26 Sept 2024

By TrendForce News

Japan’s Semiconductor Equipment Sales Boom, Hit Record High for January-August This Year

According to a Money DJ report, Japan’s semiconductor manufacturing equipment sales continued to surge, with August sales jumping 20%, marking five consecutive months of double-digit growth and reaching the fifth-highest level on record. Sales for the January-August period hit an all-time high.

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