WASHINGTON/SINGAPORE, May 7 (Reuters) - The U.S. has revoked licenses that allowed companies including Intel, opens new tab and Qualcomm, opens new tab to ship chips used for laptops and handsets to sanctioned Chinese telecoms equipment maker Huawei Technologies, three people familiar with the matter said.

SAN JOSE, Calif.--(BUSINESS WIRE)--Power Integrations (NASDAQ: POWI), the leader in high-voltage integrated circuits for energy-efficient power conversion, today announced an agreement to acquire the assets of Odyssey Semiconductor Technologies (OTCQB: ODII), a developer of vertical gallium-nitride (GaN) transistor technology. The transaction is expected to close in July 2024, after which all key Odyssey employees are expected to join Power Integrations’ technology organization.

On May 2nd, Powerchip Semiconductor Manufacturing Corporation (PSMC) holds the grand opening ceremony for its new Tongluo Fab at the Miaoli Tongluo Science Park. This 12-inch fab project, with more than NT$300 billion investment, has completed first batch of equipment installation and trial production commencement. The Tongluo Fab will serve as the major platform to advance its process technology and secure business with large international customers.

SINGAPORE – Retrenchments in Singapore fell for the second straight quarter while the hiring outlook improved, according to preliminary first-quarter labour market data released by the Ministry of Manpower (MOM) on April 30.

The data also showed that total employment grew by 4,900 in the January to March quarter, down from 7,500 in the previous quarter.

The growth came wholly from Singaporeans and permanent residents (PRs).

King Yuan Electronics Co., Ltd. (2449TW) on the 26th day of April announce for subsidiary, KYEC Microelectronics Co. Ltd. to dispose of its entire 92.1619% share in King Long Technology (Suzhou) Ltd.(“KLT”) to King Legacy Investments Limited, Dense Forest Limited, LePower (HK) Limited, Anchor Light Holdings Ltd,.Cypress Solaia Venture Capital SPV, VK Global Investments Limited, Suzhou Industrial Park Industrial Investment Fund (L.P.), TongFu Microelectronics Co., Ltd., Suzhou Xinrui Equity Investment Partnership (L.P.), Shanghai State-owned Enterprises Integrated Improvement and Experiment Private Equity Fund Partnership (L.P.).and the estimated total sale price is RMB 4.885 billion, approximately NT$21.715 billion (exchange rate 1: 4.4456). King Yuan Electronics Co., Ltd. (”KYEC”) invests in KYEC Microelectronics Co. Ltd. through 100% holdings of KYEC Investment International Co. Ltd. and KYEC Technology Management Co. Ltd., and indirectly holds KLT 92.1619% equity. After this sale, KYEC indirect holding of KLT's equity is reduced to 0%. The estimated disposal gain after long-term investment costs and related taxes and other effects is approximately NT$3.827 billion, the earnings per share will be increased by approximately NT$3.13, and the book value per share will be increased by approximately NT3.23. In order to give back to the shareholders who have supported the Company for a long time, NT$3.668 billion will be allocated to distribute cash dividends in 2025 and 2026 (NT$1.5 per year). This transaction still needs to be approved by the relevant competent authorities. After being registered or filed in accordance with the law, it is expected to be completed before end of Q3 this year.

Grants support Micron’s plans to invest approximately $50 billion in gross capex through 2030

Memory fabs in Idaho and New York to strengthen U.S. economic and national security, expected to create approximately 75,000 direct and indirect jobs across the U.S. semiconductor supply chain

Investment of more than 20 trillion won aimed at preemptively responding to soaring demand for HBM.
Plans to complete construction of new fab in November 2025 for early mass production.
Major investment to enhance AI memory market leadership, contribute to domestic economy.
To proceed with separate plan to invest 120 trillion won in Yongin Cluster to strengthen Korea’s status as a semiconductor powerhouse.

Taiwan Semiconductor Manufacturing Co (TSMC, 台積電) yesterday said its operations were not affected by a spate of strong earthquakes that were centered in eastern Taiwan and shook much of the nation early yesterday morning.

According to industry sources cited in a report from Business Korea, Japanese NAND Flash supplier Kioxia is preparing to restart its merger plan with its partner Western Digital (WD). However, SK Hynix, a major shareholder and Korean memory giant, continues to firmly oppose the merger.

KUALA LUMPUR - Malaysia’s leader on April 22 announced plans to build a massive semiconductor design park, aiming to boost the country’s role in the global chip industry.