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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
Read MoreShanghai, 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,
Read MoreSANTA 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
Read MoreMILPITAS, Calif. — August 1, 2024 — Worldwide silicon wafer shipments increased 7.1% quarter-over-quarter to 3,035 million square inches (MSI) in the second quarter of 2024 but saw an 8.9% decline from the 3,331 million square inches recorded during the same quarter last year, the SEMI Silicon Manufacturers Group (SMG) reported in its
Read MoreSecond Quarter 2024 Highlights [1]:
Revenue of NT$2,649 million (US$82.8 million)
Gross margin was 47.1%
Net income attributed to stockholders of the parent was NT$261 million (US$8.2 million)
Earnings per share of NT$1.00
【Hsinchu, Taiwan】 Jul. 30, 2024
Faraday Technology Corporation (“Faraday” or the “Company”) (TWSE: 3035),
According to Yole Group, in the Advanced Packaging Market Monitor Q2 2024, advanced packaging revenue reached US$10.2 billion in Q1 2024. This quarter is anticipated to be the weakest of the year, with an 8.1% revenue decline from the previous quarter due to the seasonality that typically impacts the back-end business
Read MoreFaraday Technology Corporation (TWSE: 3035), a leading ASIC design service and IP provider, today announced that its MIPI D-PHY and V-by-One (VBO) PHY IP portfolios now support processes that range from 55nm to 22nm on UMC platform. Faraday has shipped over 100 million video interface IP solutions for AIoT, industrial,
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