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Jusung Engineering to spin off chip, solar and display units

2024-05-06 eIndustry

Korea’s Jusung Engineering has revealed a plan to re-organise its corporate structure to ‘avoid undermining shareholder value’.
» Evertiq

Posted in: Uncategorized

Tesla’s next-gen Dojo AI chip is in production, says TSMC

eIndustry

Electric car giant Tesla has started manufacturing its system-on-wafer processor, which it calls its Dojo Training Tile.
» Evertiq

Posted in: Uncategorized

Microsoft to spend $2.2bn on Malaysian cloud and AI tech

eIndustry

Microsoft is placing a big bet on Malaysia, with an ambitious investment plan to boost the country’s digital infrastructure and employee skillset.
» Evertiq

Posted in: Uncategorized

Intel-backed JV to raise $3.85bn to fund factory expansion

eIndustry

Foundry JV Holdco, an entity formed to finance Intel’s foundry construction, has confirmed it will sell USD 3.85 billion of investment-grade bonds.
» Evertiq

Posted in: Uncategorized

Taiwan chip firm KYEC to exit mainland China

2024-05-03 eIndustry

King Yuan Electronics Co will divest its Suzhou manufacturing hub in a bid to minimise its exposure to geopolitical tensions.
» Evertiq

Posted in: Uncategorized

Belgian VC allocates $320m to chip and nanotech startups

eIndustry

imec.xpand has launched of a new fund “aimed at accelerating the growth of transformative semiconductor and nanotechnology innovations.”
» Evertiq

Posted in: Uncategorized

ZF and Foxconn completes formation of JV

2024-05-02 eIndustry

Automotive supplier ZF Friedrichshafen and EMS provider Foxconn, have completed the establishment of their joint venture in the field of passenger car chassis systems.
» Evertiq

Posted in: Uncategorized

Mycronic receives order for two SLX mask writers

eIndustry

Swedish Mycronic has received an order for two SLX mask writers from an existing customer in the US.
» Evertiq

Posted in: Uncategorized

Expected drop in sales for GPV during 1Q24

eIndustry

Danish EMS provider GPV recorded an expected drop in sales to DKK 2.3 billion (EUR 335.2 million) during the first quarter of 2024, a 13% drop from DKK 2.7 billion (EUR 362.0 million) during the same …
» Evertiq

Posted in: Uncategorized

Global silicon wafer shipments dip 5% in Q1

eIndustry

Worldwide silicon wafer shipments decreased 5.4% quarter-over-quarter to 2,834 million square inches in the first quarter of 2024, a 13.2% drop from the 3,265 million square inches recorded during the…
» Evertiq

Posted in: Uncategorized

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