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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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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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
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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November 5, 2024 — GlobalFoundries, the world’s third-largest semiconductor foundry, has been fined $500,000 by the U.S. Bureau of Industry and Security (BIS) for unauthorized shipments of chips to SJ Semiconductor, an affiliate of the blacklisted Chinese chipmaker SMIC. The fine follows a Reuters report detailing 74 unlicensed shipments valued
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[November 5, 2024] – Taiwan’s ambitious energy transition is creating significant challenges for its industries, particularly the semiconductor sector. Recent sharp increases in electricity prices and growing risks of power outages are impacting major companies, including Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chipmaker.
TSMC’s Chief Financial Officer,