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Thursday 15 February 2024
Renesas to purchase PCB design software company Altium for US$5.9 billion
Japan-based semiconductor company Renesas announced on February 15 that it will acquire US-headquartered Altium, which focuses on developing electronics design systems. Renesas will...
Thursday 15 February 2024
GF sees automotive chip sales top US$1 billion
GlobalFoundries' revenue decreased 9% year-on-year in 2023, but revenue from the automotive sector rose by a robust 180%, according to the company's available presentation material...
Thursday 15 February 2024
BYD considers Mexico plant, eyeing the US market
China-based EV maker BYD will likely establish a production base in Mexico, which could help establish its presence in North America and facilitate its entry into the US later. As...
Wednesday 7 February 2024
US EV battery subsidy helps Panasonic create record-high net profits
The EV business brought significant profits for Panasonic Holdings. According to Panasonic, NHK, and Nikkei, the group saw its consolidated revenue grow by 1.2%...
Wednesday 7 February 2024
Qisda's revenue from healthcare biz exceeds US$600 million in 2023
The Qisda Group is actively expanding its healthcare business, with revenue from the sector surpassing NT$20 billion (US$638.29 million) in 2023. Given the potential for the healthcare...
Tuesday 6 February 2024
Wait for it... US teases major Chip Act funding announcement
The US Department of Commerce is preparing to allocate funds from its semiconductor manufacturing revitalization plan.
Tuesday 6 February 2024
India emerges as key player in solar trade amidst Xinjiang forced labor sanction
India saw a surge in solar product exports, particularly to the US, as China faces restrictions and trade barriers to sell its products to the US market. A report found that China-based...