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ESD industry posts $4.9B in revenue in Q4 2024

2025-04-15 eIndustry

The Electronic System Design (ESD) industry revenue increased 11% to USD 4,927.3 million in the fourth quarter of 2024 from the USD 4,440.9 million reported in the fourth quarter of 2023, the ESD Alli…
» Evertiq

Posted in: Uncategorized

onsemi drops bid for Allegro MicroSystems

eIndustry

onsemi says it has withdraws its proposal, and thus terminated its efforts to acquire Allegro MicroSystems for USD 35.10 per share.
» Evertiq

Posted in: Uncategorized

GPV increases its involvement in the defence sector

eIndustry

With geopolitical tensions continuing to rise, focus on defence and security has intensified. In response, EMS provider GPV is increasing its involvement in defence activities.
» Evertiq

Posted in: Uncategorized

Semiconductor sales surge – but what’s driving the momentum?

eIndustry

According to the latest data from the Semiconductor Industry Association (SIA), global semiconductor sales reached USD 54.9 billion in February 2025 – up 17.1% from the same month last year. This ma…
» Evertiq

Posted in: Uncategorized

Applied Materials acquires 9% stake in BE Semiconductor Industries

eIndustry

Applied Materials has purchased 9% of the outstanding shares of the common stock of BE Semiconductor Industries N.V. (Besi), a Netherlands-based manufacturer of semiconductor assembly equipment.
» Evertiq

Posted in: Uncategorized

Frontgrade opens the doors to its Microelectronics Facility

eIndustry

Frontgrade Technologies is allowing third-party access to its Colorado Springs manufacturing facility for microelectronics production. The move enables aerospace and defense programs to utilise Frontg…
» Evertiq

Posted in: Uncategorized

India’s Jitendra EV to invest $14 million in R&D and products

eIndustry

The electric vehicle maker is focusing on both high-speed and low speed electric two-wheelers to meet evolving customer requirements, which include last-mile delivery in the e-commerce sector.
» Evertiq

Posted in: Uncategorized

South Korea unveils $23B semiconductor support package

eIndustry

The move comes amid growing uncertainty in the global semiconductor sector following US President Donald Trump’s changing tariff policies and the escalating trade war between the US and China.
» Evertiq

Posted in: Uncategorized

Intel sells majority stake in Altera to Silver Lake

2025-04-14 eIndustry

Intel has signed a definitive agreement to sell 51% of its Altera business to private equity firm Silver Lake, marking a major shift in the FPGA market. The transaction, which values Altera at USD 8.7…
» Evertiq

Posted in: Uncategorized

Apogee partners with Arrow to boost space-grade tech network

eIndustry

The partnership will expand the distribution network for Apogee’s high-reliability ICs and radiation-tolerant solutions, bringing their technologies to a broader market across aerospace and defense.
» Evertiq

Posted in: Uncategorized

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