Honeywell is in the process off acquiring defence electronics specialist CAES Systems Holdings in an all-cash deal. The transaction is expected to close in the second half of 2024.
» Evertiq
Global venture funding for semiconductor firms has hit nearly $5.3 billion across just 175 deals so far this year. This puts 2024 well ahead of the last two years.
» Evertiq
The Singapore firm is believed to have chosen the Piedmont region in the north of the country to be the location of its proposed EUR 3 billion manufacturing facility.
» Evertiq
UK startup Echion has completed its Series B funding round, and is preparing to go to market with its niobium-based XNO anode material, which charges lithium-ion batteries in less than 10 minutes.
» Evertiq
Russia has made a rare appearance in the tech news space: its state-owned firm Rostec has introduced the MP21, a single-board computer powered by the domestically developed Elbrus 2S3 processor.
» Evertiq
Chip design startup Cerebras has announced a collaboration with Dell Technologies to deliver AI compute infrastructure for generative AI – and challenge Nvidia.
» Evertiq
The UK-based firm is working on a scalable process for making on-chip photonics designs for quantum technologies, sensors and data centre applications.
» Evertiq
New research by SEMI predicts that the global semiconductor manufacturing industry will increase capacity by 6% in 2024 – and 7% next year.
» Evertiq
The slowdown in demand for EVs strikes again, with US-based SiC specialist Wolfspeed postponing – but not cancelling – the construction of its Saarland facility.
» Evertiq
US chip maker onsemi says the planned expansion will produce power semiconductors designed to improve the energy efficiency of applications in electric vehicles, renewable energy and AI data centres.
» Evertiq