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Industry News

5 Sept 2023

By Business Wire

Rockwell Automation signs agreement to acquire autonomous robotics leader Clearpath Robotics

MILWAUKEE--(BUSINESS WIRE)--Rockwell Automation, Inc. (NYSE: ROK), the world’s largest company dedicated to industrial automation and digital transformation, today announced it has signed a definitive agreement to acquire Ontario, Canada-based Clearpath Robotics Inc., a leader in autonomous robotics for industrial applications. Autonomous mobile robots (AMRs) are the next frontier in industrial automation and transformation, and this acquisition will supercharge Rockwell’s lead in bringing the Connected Enterprise to life.

5 Sept 2023

By Osmond Chia

ST Engineering unveils voice-enabled headset for nurses, surveillance system with search bar

SINGAPORE - Nurses here will soon be able to take notes when talking to patients and prepare reports with the help of a wireless, smart headset that follows voice prompts and leverages artificial intelligence (AI).

5 Sept 2023

By Intel Newsroom

Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreement

SANTA CLARA, Calif., and MIGDAL HAEMEK, Israel, Sept. 5, 2023 – Intel Foundry Services (IFS) and Tower Semiconductor (Nasdaq: TSEM), a leading foundry for analog semiconductor solutions, today announced an agreement where Intel will provide foundry services and 300mm manufacturing capacity to help Tower serve its customers globally. Under the agreement, Tower will utilize Intel’s advanced manufacturing facility in New Mexico. Tower will invest up to $300 million to acquire and own equipment and other fixed assets to be installed in the New Mexico facility, providing a new capacity corridor of over 600,000 photo layers per month for Tower’s future growth, enabling capacity to support forecasted customer demand for 300mm advanced analog processing.

31 Aug 2023

By Bloomberg

Dell, HP and Apple supplier Foxconn apply to make laptops in India under US$2.1 billion incentive plan

Some of the world’s biggest tech companies, including Dell Technologies, HP and Apple supplier Foxconn Technology Group, have applied for state aid to manufacture laptops in India.

30 Aug 2023

By IDC

Worldwide Smartphone Shipments Forecast to Reach Lowest Volume in a Decade While iOS Share Climbs to Record Levels in 2023, According to IDC Mobile Phone Tracker

NEEDHAM, Mass., August 30, 2023 – Worldwide smartphone shipments are forecast to decline 4.7% year over year in 2023 to 1.15 billion units, the lowest volume in a decade, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker. This is a downward revision from IDC's previous forecast of -3.2%, driven by a weaker economic outlook and ongoing inflation, which has dampened consumer demand and lengthened refresh cycles.

30 Aug 2023

By Focus Taiwan CNA

ASML secures approval to invest over NT$10 billion in Taiwan

Taipei, Aug. 30 (CNA) Netherlands-based ASML Holding N.V., a leading global supplier of semiconductor production equipment, has received the green light to invest more than NT$10 billion (US$313 million) in Taiwan to set up a plant in Linkou District, New Taipei.

30 Aug 2023

By TrendForce

After a Low Base Year in 2023, DRAM and NAND Flash Bit Demand Expected to Increase by 13% and 16% Respectively in 2024, Says TrendForce

TrendForce expects that memory suppliers will continue their strategy of scaling back production of both DRAM and NAND Flash in 2024, with the cutback being particularly pronounced in the financially struggling NAND Flash sector. Market demand visibility for consumer electronic is projected to remain uncertain in 1H24.

28 Aug 2023

By Michael Sainato

‘They would not listen to us’: inside Arizona’s troubled chip plant

Taiwanese microchip manufacturer TSMC blames struggle to build Phoenix plant on skilled labor shortage but workers cite disorganization and safety concerns.

10 Aug 2023

By Karen Freifeld, Andrea Shalal and David Shepardson

Biden orders ban on certain US tech investments in China

US President, Joe Biden, on Wednesday signed an executive order that will prohibit some new U.S. investment in China in sensitive technologies like computer chips and require government notification in other tech sectors.

9 Aug 2023

By CNBC

Semiconductor makers wait for checks one year after Biden signs CHIPS Act

A year after President Joe Biden signed the CHIPS and Science Act into law, the U.S. semiconductor industry is still waiting on the windfall. “We will start to give out the money later this year,” said Secretary of Commerce Gina Raimondo. “We’re pushing the team to go fast, but even more important, to get it right.”
The goal of the $52.7 billion package was to reshore the semiconductor supply chain in America and in turn, improve national security by decreasing reliance on foreign countries.

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