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
Read More
[Oct 29, 2024] – The global semiconductor market is poised for significant growth in the coming years, fueled by the continued surge in demand for AI-related semiconductors and a recovery in electronic production, according to Gartner. While the automotive and industrial sectors remain weak, the overall market is expected to
Read More
MILPITAS, Calif. ─ October 21, 2024 ─ Global shipments of silicon wafers are projected to decline 2% in 2024 to 12,174 million square inches (MSI) with a strong rebound of 10% delayed until 2025 to reach 13,328 MSI as wafer demand continues to recover from the downcycle, SEMI reported today
Read More
Oct. 24, 2024 — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading dedicated independent semiconductor foundry, today confirmed that it has halted shipments to a client after discovering that chips manufactured for that client ended up in products produced by Huawei Technologies. This action follows the company’s mid-October discovery and
Read More
October 15, 2024 – Xscape Photonics, a pioneer in next-generation data center connectivity, today announced the closing of a $44 million Series A funding round, bringing its total funding to $57 million. The round was led by IAG Capital Partners and included participation from Cisco Systems Inc., Nvidia Corp., Altair
Read More
October 15, 2024 – CG Power and Industrial Solutions Limited, a Murugappa Group company, today announced the acquisition of Renesas Electronics Corporation’s radio frequency (RF) components business for USD 36 million. This strategic acquisition marks CG Power’s entry into the semiconductor design sector, a high-growth and high-profitability market.
The