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BLOOMINGTON, Minn. – December 6, 2024 – SkyWater Technology (NASDAQ: SKYT), the trusted technology realization partner, announced that it has signed a preliminary memorandum of terms (PMT) valued at up to $16 million with the CHIPS for America program, which is administered by the U.S. Department of Commerce. This proposed funding
Read MoreESSEX JUNCTION, Vt., December 4, 2024 — GlobalFoundries (Nasdaq: GFS) (GF) has received an additional $9.5 million in federal funding from the U.S. government to advance the manufacturing of GF’s essential gallium nitride (GaN) on silicon semiconductors at its facility in Essex Junction, Vermont. The funding moves GF closer to large-scale
Read MoreWASHINGTON — Dec. 5, 2024 — The Semiconductor Industry Association (SIA) today announced global semiconductor sales hit $56.9 billion during the month of October 2024, an increase of 22.1% compared to the October 2023 total of $46.6 billion and 2.8% more than the September 2024 total of $55.3 billion. Monthly sales
Read MoreLeuven – December 3, 2024 – ICsense, a TDK Group Company and independent subsidiary specializing in the design of Application Specific Integrated Circuits (ASICs), has announced a new partnership with GlobalFoundries (GF), a global leader in semiconductor manufacturing. This partnership through GF’s GlobalSolutions ecosystem aims to streamline access to GF’s semiconductor
Read MoreDec. 5, 2024 —- According to TrendForce’s latest report, while the overall economic situation did not significantly improve in the third quarter of 2024, factors such as supply chain stocking driven by new smartphone and PC/notebook launches in the second half of the year, coupled with continued strong demand for AI
Read MoreSingapore, Dec. 4, 2024 – VisionPower Semiconductor Manufacturing Company Pte Ltd (VSMC), the joint venture formed in September, 2024 by Vanguard International Semiconductor Corporation (VIS, TPEx 5347) and NXP Semiconductors N.V. (NXP, NASDAQ: NXPI) today celebrated breaking ground at the site of the joint venture’s new 300mm wafer manufacturing facility
Read MoreThe Chinese Ministry of Commerce today announced immediate export restrictions on gallium, germanium, antimony, and super-hard materials to the United States. This action cites national security concerns and represents a significant escalation of trade tensions between the two countries. The restrictions follow recent U.S. actions to curb exports of semiconductor-related
Read MoreDecember 2nd, 2024 — Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s leading contract chipmaker, today announced the commencement of equipment installation for its groundbreaking 2-nanometer fabrication facility in Kaohsiung, Taiwan. This milestone marks a significant acceleration of the project, with installation beginning six months ahead of schedule.
Kaohsiung Mayor
December 2nd, 2024 — Vishay Intertechnology, a global leader in the design, manufacture, and sale of discrete semiconductors and passive electronic components, has announced a significant £51 million (approximately $61.2 million EUR) investment in its Newport Vishay semiconductor facility in Wales. This investment, supported by a £5 million grant from
Read MoreThe Korean government today announced a comprehensive 14 trillion won ($10 billion USD) policy financing package to bolster its semiconductor industry amid growing global uncertainties. This initiative aims to support chip material, component, and equipment manufacturers, as well as fabless companies, facing increased trade risks.
The announcement comes in