Production is running again at all three major chip manufacturers in Dresden (Germany).
The Jenoptik Group intends to build a new production building with office complex in Dresden (Germany). In total, the photonics group is planning to invest around EUR 70 million in a cleanroom facility for micro-optics and sensors for semiconductor equipment.
Capacitor, resistor and inductor markets all showed signs of increased demand in August 2021, with lead times for all three product lines reaching new heights.
After LPKF Laser & Electronics AG received a major order from a global solar module manufacturer in July 2021, LPKF now reports another order with a volume of almost EUR 10 million. The new order is expected to generate revenue in 2022/2023.
AI semiconductor startup Axelera AI has successfully closed a seed investment round of USD 12 million. The round was led by emerging technologies leader Bitfury and joined by global nanoelectronics R&D center imec and deep-tech venture capital funds Innovation Industries and imec.xpand.
The automotive technology company Veoneer, Inc. confirmed that it has received an updated non-binding proposal from Qualcomm Incorporated
Portwell, a world-leading innovator for Industrial PC (IPC) and embedded computing solutions, and an IoT Solutions Titanium Partner of the Intel Partner Alliance, announces the release of the PCOM-B645VGL, a COM Express Type 6 Compact (95mm x 95mm) module based on the 10nm Intel Atom x6000E Series/Pentium/Celeron Processors (formerly Elkhart Lake platform).
Ligentec and specialty semiconductor producer X-FAB Silicon Foundries have announced a strategic partnership for the large-scale supply of integrated photonic devices.
NEC Corporation has transferred all shares in NEC Energy Solutions, Inc., a consolidated subsidiary, to LG Energy Solution, Ltd.
Thanks to their continued capacity expansion and M&A efforts, Chinese panel manufacturers accounted for nearly 60% of the global supply of TV panels in 1H21, according to TrendForce.
XJTAG has signed a distribution agreement with Nohau Solutions AB of Malmö, Sweden.
Valmet Automotive has officially opened its battery facility in Uusikaupunki, Finland. It represents a significant investment by Valmet Automotive in the EV systems business with EUR 120 million and it will create hundreds of new jobs.
Incap estimates that its revenue, operating profit (EBIT) and adjusted operating profit (EBIT) for 2021 will be significantly higher than in 2020.
STMicroelectronics, a global semiconductor leader serving customers across the spectrum of electronics applications, has announced mass-market availability of its ST4SIM, eSIM (embedded SIM) ICs for Machine-to-Machine (M2M) applications through e-distribution.
The Board of Inission AB and Björn Lifvergren have jointly agreed that Björn will leave his role as Inission's CEO, a role he has deservedly held since April 2017. The Board has initiated a recruitment process to find a new CEO.
The Swedish telecom giant confirms to South China Morning Post that it will divest its product research and development activities in Nanjing by November 2021.
GaN Systems has signed a capacity agreement with BMW Group. Under the terms of the agreement, GaN Systems is to provide capacity for multiple applications in series production.
Construction of the Semcorp Group's first production unit outside China has begun; the company is building a facility that will produce lithium-ion battery separator films (LiBSF) in Debrecen (Hungary).
The big three memory IC suppliers—Samsung, SK Hynix, and Micron—are each expected to post a 10% increase and Kioxia is anticipated to show an 11% jump in 3Q21 sales.
The German Federal state of Brandenburg wants to contribute EUR 120 million to the funding of the planned Tesla battery factory in Grünheide near Berlin. The Ministry of Economy has confirmed that the Budget Committee has released this sum from the Future Investment Fund.