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Thursday 5 December 2024
VSMC breaks ground on Singapore 12-inch fab, mulling second facility
VisionPower Semiconductor Manufacturing Company (VSMC), a joint venture between Vanguard International Semiconductor (VIS) and NXP Semiconductors formed in September 2024, celebrated...
Thursday 5 December 2024
Intel stands by forecast after CEO exit, vows to be thriftier
Intel, fresh off the abrupt departure of CEO Pat Gelsinger, stuck with its current financial forecast during a presentation Wednesday while also saying it would keep a tight rein...
Thursday 5 December 2024
Taiwan chip firms' China ties in crosshairs as US expands chip ban
The expansion of US trade sanctions against Chinese semiconductor firms has raised concerns among Taiwanese companies regarding their business relationships with Chinese customers...
Thursday 5 December 2024
Another one bites the silicon: Intel's Gelsinger joins 2024's CEO exodus
Intel CEO Pat Gelsinger announced his retirement today, though sources indicate the board presented him with an ultimatum to either resign or face termination. This development adds...
Wednesday 4 December 2024
NXP and TSMC affiliate plan to expand US$8 billion Singapore plant
NXP Semiconductors NV and a TSMC affiliate are discussing an expansion of their US$7.8 billion Singapore venture, recognizing a need to diversify chip production in anticipation of...
Wednesday 4 December 2024
China chip firms accelerate local supply chain development amid new US export controls
China's semiconductor industry is ramping up efforts to reduce dependence on US technology following Washington's latest round of export restrictions, with multiple domestic firms...
Wednesday 4 December 2024
Microchip to close Arizona fab amid revenue slowdown
Microchip Technology announced plans to shut down its Fab 2 facility in Tempe, Arizona, as part of a broader restructuring effort amid declining revenue and persistent inventory challenges...
Wednesday 4 December 2024
WSTS revises upward 2024 semiconductor growth forecast to 19%
The World Semiconductor Trade Statistics (WSTS) has issued an optimistic outlook for the semiconductor industry, revising its 2024 predictions upward. The forecast anticipates a robust...
Wednesday 4 December 2024
New US trade ban may impede Tsinghua Unigroup's comeback
Chinese semiconductor firm Tsinghua Unigroup's road to recovery faces new obstacles, as its two major stakeholders, Beijing Wise Road Asset Management (Wise Road Capital) and Beijing...
Wednesday 4 December 2024
TEL invests US$617 million in new southern Taiwan operations center
Tokyo Electron (TEL) has recently established a new operations center at the Southern Taiwan Science Park, expanding beyond its existing operational offices in Linkou, Hsinchu, Taichung,...
Wednesday 4 December 2024
Fujifilm Electronics Materials Taiwan breaks ground on new plant in Hsinchu
Fujifilm Electronic Materials Taiwan held a groundbreaking ceremony for its new facility in Hsinchu, northern Taiwan, on December 2. The event drew several prominent Fujifilm executives,...
Wednesday 4 December 2024
Gelsinger's departure from Intel piques interest in Entity List among Chinese semiconductor firms
According to industry sources, the surprise departure of Pat Gelsinger from Intel has somewhat piqued Chinese semiconductor firms' interest in the Entity List that the US has just...
Wednesday 4 December 2024
ASM expands Taiwan footprint in Hsinchu as upstream suppliers cluster around TSMC
ASM's Taiwanese subsidiary held an opening ceremony for its new office in Hsinchu, following similar moves by other global semiconductor equipment and materials suppliers including...
Wednesday 4 December 2024
Microchip pauses Chips Act application amid inventory woes
Microchip Technology Inc. is pausing its application for US semiconductor subsidies, making it the first known company to step back from a program designed to revitalize American...
Wednesday 4 December 2024
Pat Gelsinger's retirement opens doors for potential transactions at Intel
Intel's CEO Pat Gelsinger's unexpected resignation has created new opportunities for the company to explore potential transaction options, including those previously rejected during...