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300mm fab equipment spending set to reach $227 billion by 2029

2026-10-15 eIndustry

Global spending on 300mm front-end fab equipment is projected to rise 31% to USD 149 billion in 2026, according to SEMI. Equipment investment in the Americas is expected to more than double over the s…
» Evertiq

Posted in: Uncategorized

ASML expects demand to outstrip supply in 2027 and 2028

eIndustry

ASML’s planned capacity for 2027 and 2028 will not fully meet customer demand, the company now says. ASML is therefore looking at ways to expand capacity beyond what it has already announced. Third-…
» Evertiq

Posted in: Uncategorized

STMicroelectronics wants Jean-Marc Chery to stay on as CEO for one more year

eIndustry

STMicroelectronics’ Supervisory Board will propose that Jean-Marc Chery be reappointed as President and CEO for one year. The proposal goes to shareholders at the company’s 2027 Annual General Mee…
» Evertiq

Posted in: Uncategorized

DigiKey to invest $100 million in distribution expansion amid 50% growth

eIndustry

DigiKey is putting USD 100 million over the next 18 months into expanding its distribution centre in Thief River Falls, Minnesota, and its order management system. The component distributor expects to…
» Evertiq

Posted in: Uncategorized

XIVER adds ASML DUV lithography to its Eindhoven foundry

eIndustry

Dutch specialty foundry XIVER has acquired an ASML PAS 5500 DUV lithography tool to make finer structures for photonic and semiconductor devices. The tool is expected to be in operation in 2027.
» Evertiq

Posted in: Uncategorized

Skeleton Technologies raises Siemens-led round to expand US production

eIndustry

Supercapacitor maker Skeleton Technologies has raised a new investment round led by Siemens, valuing the company at more than USD 1 billion. The money will mainly go towards building up manufacturing …
» Evertiq

Posted in: Uncategorized

India’s Larsen & Toubro wins EPC orders worth over $1 billion

eIndustry

In Saudi Arabia, the Power Transmission & Distribution (PT&D) business vertical of Indian multinational Larsen & Toubro (L&T) has won Engineering, Procurement and Construction (EPC) orders in the 380 …
» Evertiq

Posted in: Uncategorized

Vietjet Air expands contract with RTX’s Collins Aerospace

eIndustry

Under the expanded contract, FlightSense, a full-lifecycle support program powered by Collins’ Ascentia analytics platform, will deliver guaranteed component availability, reduced downtime and cost …
» Evertiq

Posted in: Uncategorized

GlobalFoundries to operate two Japan-funded fabs in New York

eIndustry

GlobalFoundries has been selected to operate two new fabs at its site in Malta, New York, financed by Japan through up to USD 21 billion under the US-Japan trade agreement. In a separate agreement, th…
» Evertiq

Posted in: Uncategorized

Comrod acquires TransOpto to add optical links to its defence portfolio

2026-10-14 eIndustry

Norwegian communications company Comrod has acquired TransOpto in Kristiansand, which develops wireless optical data links. The technology gives defence customers an alternative to radio communication…
» Evertiq

Posted in: Uncategorized

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