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SMIC Reports Record-Breaking Q3 2024 Revenue, Cautious Outlook for Q4

[November 8, 2024] – Semiconductor Manufacturing International Corporation (SMIC), China’s leading semiconductor foundry, today announced its financial results for the third quarter of 2024, reporting record-breaking revenue of US$2.17 billion. This represents a 14% sequential increase and a 34% year-over-year surge, marking the first time the company has exceeded the

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Chips&Media Leverages AnySilicon Platform to Expand Global Market Reach for Video and Image Processing IP

[November 8, 2024] Global video IP leader Chips&Media has partnered with AnySilicon, the leading platform for IP cores and ASIC service providers. This collaboration will provide Chips&Media with significant marketing exposure, enabling them to effectively showcase their comprehensive range of video codec IP and image-specific NPU IP to a broader

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Global Semiconductor Sales Increase 23.2% in Q3 2024 compared to Q3 2023; Quarter-to-Quarter sales up 10.7%

market research

WASHINGTON—Nov. 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor sales were $166.0 billion for the third quarter of 2024, an increase of 23.2% compared to the third quarter of 2023 and 10.7% more than the second quarter of 2024. Global sales were $55.3 billion during the month of

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Q3 2024: Wafer Foundry Report

The third quarter of 2024 painted a mixed picture for the foundry industry, with some vendors celebrating profits while others grappled with losses. This highlights the diverse landscape of this crucial sector of the semiconductor world.
 
Samsung:

Overall Q3 2024 Sales: 79.1 trillion won ($57.4 billion) – Up

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Tessolve to acquire Dream Chip Technologies

November 6, 2024 — Tessolve, a Hero Electronix venture and a leader in semiconductor engineering, has signed a definitive agreement to acquire Dream Chip Technologies, a semiconductor chip design firm headquartered in Germany, for around ₹400 Crore (EUR 42.5 million).
 
This acquisition, which is subject to regulatory approvals, will

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Jolt Capital buys and invests in Dolphin Design’s carved-out mixed-signal IP activities

Grenoble (France), 5 November 2024 – Jolt Capital, a private equity firm specializing in European growth deeptech, announces today having purchased the power management and signal processing IP activities of Dolphin Design (the « IP activities »), a leader in mixed-signal semiconductor IP through Dolphin Semiconductor, a newly created company, and to

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