The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $44.0 billion during the month of August 2023, an increase of 1.9% compared to the July 2023 total of $43.2 billion but 6.8% less than the August 2022 total of $47.2 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.

Sandra Rivera to lead PSG as CEO. Decision positions PSG to more effectively compete in the FPGA market; ongoing strategic alignment with Intel drives value creation for both companies.

Going into the second half of 2023, most markets are still struggling with soaring inflation and weakening consumption with emerging markets having taken a serious hit. Based on DIGITIMES Research's statistics, second-quarter 2023 global smartphone shipments amounted to 250 million units, down 8.7% from a year ago.

BMW Group announced it is investing around $106 million (100 million euros) between now and 2026 in a new electric vehicle battery testing center in Germany as part of its ongoing e-mobility ramp-up.

Located in Wackersdorf, 26 miles north of the city of Regensburg in eastern Bavaria, the center will be integrated into the Wackersdorf Innovation Park site's existing building structures, which are currently used to manufacture cockpits for BMW vehicles and package vehicle parts for shipping to the company's overseas factories.

Guardrails Finalized by the Department of Commerce Will Ensure Manufacturing and Technology Investments Under the CHIPS Act Bolster Technological and National Security of America, Allies, and Partners.

BRUSSELS, Sept 22 (Reuters) - Intel (INTC.O) was fined 376 million euros ($400 million) on Friday in an EU antitrust case stemming from the U.S. chipmaker's anti-competitive practice nearly two decades ago to block rivals.

TOKYO, Sept 21 (Reuters) - Toshiba (6502.T) said on Thursday that a $14 billion tender offer from private equity firm Japan Industrial Partners (JIP) had ended in success - a deal which paves the way for the embattled industrial conglomerate to go private.

The JIP-led consortium saw 78.65% of Toshiba shares tendered, giving the group a majority of more than two-thirds which would be enough to squeeze out remaining shareholders.

Sept 21 (Reuters) - Cisco Systems (CSCO.O) on Thursday agreed to buy cybersecurity firm Splunk (SPLK.O) for about $28 billion in its biggest-ever deal to strengthen its software business and capitalize on the boom in artificial intelligence.

TAIPEI (Taiwan News) — Qualcomm began mass layoffs at its offices in Hsinchu, Taiwan this week, following earlier rumors, with some employees critical of the company’s approach to the firings, UDN reported on Thursday (Sept. 21).

Sept 21 (Reuters) - Alphabet's (GOOGL.O) Google said on Thursday it does not see any change in its relationship with Broadcom (AVGO.O) following a media report the tech giant considered dropping the chipmaker as a supplier of artificial intelligence chips as early as 2027.