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SUNNYVALE, Calif., Aug. 21, 2024 — Synopsys, Inc. (Nasdaq: SNPS) today reported results for its third quarter of fiscal year 2024. Revenue for the third quarter of fiscal year 2024 was $1.526 billion, compared to $1.354 billion for the third quarter of fiscal year 2023.
“Our strong third quarter results and expectations for
United Microelectronics Corp (UMC), Taiwan’s second-largest pure-play wafer foundry, marked a milestone yesterday with the arrival of the first equipment tools for its Phase 3 expansion at Fab12i in Singapore. The ceremony was attended by representatives from the Singapore Economic Development Board (EDB), Jurong Town Council (JTC), the Institute of
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Taipei, August 16 – Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, has announced the purchase of a plant and equipment from flat panel maker Innolux Corp. for NT$17.14 billion (US$531 million). The acquisition, located in the Southern Taiwan Science Park, encompasses a 317,445 square meter facility and related
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MILPITAS, Calif. – August 19, 2024 –The global semiconductor manufacturing industry in the second quarter of 2024 continued to show signs of improvement with significant growth of IC sales, stabilizing capital expenditure, and an increase in installed wafer fab capacity, SEMI announced today in its Q2 2024 publication of
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NEWS HIGHLIGHTS:
The U.S. Department of Commerce has proposed up to $1.6 billion for TI in direct funding through the CHIPS and Science Act to support three 300mm semiconductor wafer fabs under construction in Texas and Utah.
TI expects to receive an estimated $6 billion to $8 billion from the U.S. Department of Treasury’s Investment Tax
Seoul, August 15, 2023 – The South Korean government is set to launch a substantial semiconductor ecosystem fund in the third quarter of this year, focusing on supporting the growth of fabless chip design companies through scale-ups and mergers and acquisitions (M&A). This initiative is a key component of the
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Shanghai, China, August 14, 2024 — VeriSilicon (688521.SH) today announced that AutoChips, an automotive electronic chip design company, has adopted VeriSilicon’s high-performance IP portfolio in its new generation intelligent cockpit domain control SoC AC8025, including Neural Network Processing Unit (NPU) IP, Video Processing Unit (VPU) IP, and Display Processing IP.
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Newark, Aug. 12, 2024 (GLOBE NEWSWIRE) — The report published by The Brainy Insights shows that the global discrete semiconductor market is expected to reach USD 44.2 billion by 2033, at a CAGR of 6% during the forecast period 2023-2032. North America emerged as the largest market for global discrete semiconductors,
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SANTA CLARA, Calif. – August 13, 2024 – Eliyan (“Eliyan”) Corporation, credited for the invention of the semiconductor industry’s highest-performance and most efficient chiplet interconnect, today announced a strategic investment from VentureTech Alliance.
The additional funding puts Eliyan’s total investment past the $100 million mark and will help further the company’s
WASHINGTON—August 5, 2024—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $149.9 billion during the second quarter of 2024, an increase of 18.3% compared to the second quarter of 2023 and 6.5% more than the first quarter of 2024. Sales in June 2024 were $50.0 billion, an
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