Get the semiconductor daily news directly to you by subscribing to our email list. For ASIC designer and managers, staying updated with the latest news, technologies, and trends is crucial. Here are the lastest news from the semiconductor industry.
[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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[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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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,
Reading UK – 1 November 2024. Sondrel, a leading technology company providing ultra-complex custom chips for leading global technology brands, today announced that Oliver Jones will succeed John Chubb as Chief Executive Officer, effective November 1, 2024. This planned leadership transition comes as Sondrel prepares to enter its next phase
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Faraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, today announces the launch of its latest SoC platform, HiSpeedKit™-HS, designed to enhance and streamline the verification process for high-speed interface IP subsystems. The platform supports Faraday’s and third-party controller IP solutions, enabling comprehensive hardware and software
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