X-FAB’s 2024 financial report reflects a year of navigating significant market headwinds, primarily driven by industry-wide destocking, particularly impacting the automotive sector. Despite these challenges, the company demonstrated resilience, maintaining profitability and laying the groundwork for future growth.
Key Highlights of 2024:
Revenue Performance: Full-year 2024 revenue
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February-7, 2025 — TSMC , Taiwan’s leading semiconductor manufacturer, is reportedly planning a new 1-nanometer fabrication plant in Tainan’s Shalun area. This massive facility, a Giga-Fab capable of housing six 12-inch wafer fabs, aims to leverage the existing advanced manufacturing cluster in the Southern Taiwan Science Park (STSP). Its location
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February 6, 2025 — GlobalFoundries (GF), a leading semiconductor manufacturer, announced a significant leadership transition and outlined ambitious expansion plans this week. Effective April 28th, 2025, Tim Breen, currently the Chief Operating Officer (COO), will succeed Thomas Caulfield as President and CEO. Caulfield, who has served as CEO since 2018,
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The semiconductor industry is poised for a significant expansion in 2025, with plans to commence construction on 18 new fabrication plants (fabs). This surge, detailed in SEMI’s World Fab Forecast, reflects the industry’s projected growth to $697 billion in 2025, an 11.2% increase from 2024. While some fabs are slated
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SCOTTSDALE, Ariz. – Dec. 9, 2024 – onsemi (Nasdaq: ON) today announced that it has entered into an agreement to acquire the Silicon Carbide Junction Field-Effect Transistor (SiC JFET) technology business, including the United Silicon Carbide subsidiary, from Qorvo for $115 million in cash. The acquisition will complement onsemi’s extensive EliteSiC
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BLOOMINGTON, Minn. – January 15, 2025 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, today announced the launch of ThermaView℠ Solutions, a complete suite of services and technologies designed to meet the evolving needs of thermal imaging system designers. These solutions will deliver capabilities to support development and production of state-of-the-art,
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