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ARM valued at $54.5 billion as it hits the stock market

2023-09-14 eIndustry

The chip design company has secured a valuation of USD 54.5 billion in its U.S. initial public offering (IPO).
» Evertiq

Posted in: Uncategorized

Valoe adjust operations with temporary layoffs

eIndustry

Finnish PV technology company Valoe says that it will adjust its operations with temporary layoffs.
» Evertiq

Posted in: Uncategorized

SK Enpulse to sell its wet chemical business in China

2023-09-13 eIndustry

SK Enpulse, a chip material division of SKC, stated on September 13 that it will sell its wet chemical business, currently operated in China.
» Evertiq

Posted in: Uncategorized

Chip industry sees revenue increase after long decline

eIndustry

The semiconductor industry has reversed course and saw an increase in sales in 2Q23 after experiencing revenue decline for five consecutive quarters, reports Omdia.
» Evertiq

Posted in: Uncategorized

Smith relocates office in Taipei

eIndustry

Electronic components distributor Smith says it will be relocating its sales office in Taipei, Taiwan.
» Evertiq

Posted in: Uncategorized

Teltonika expands with new electronics assembly plant

eIndustry

Lithuanian electronics manufacturer Teltonika says that it will construct a new electronics assembly plant in Vilnius.
» Evertiq

Posted in: Uncategorized

MIDA to support ams OSRAM in Malaysia

eIndustry

ams OSRAM and the Malaysian Investment Development Authority (MIDA) announce mutual support for the continued investment and expansion in Malaysia.
» Evertiq

Posted in: Uncategorized

Intel to sell minority stake in IMS to TSMC

2023-09-12 eIndustry

Intel has agreed to sell a 10% stake in the IMS Nanofabrication business to TSMC. TSMC’s investment values IMS at approximately USD 4.3 billion.
» Evertiq

Posted in: Uncategorized

Bosch to increase its presence in Hungary with new investments

eIndustry

Robert Bosch Energy and Body Systems Kft., will implement two investments worth a total of EUR 48 million at its site in Miskolc, in northern Hungaryby mid-2025.
» Evertiq

Posted in: Uncategorized

NXP is looking to increase investment in Austin

eIndustry

The City of Austin Economic Development Department is currently engaging in discussions with NXP Semiconductors to improve and expand its semiconductor chip manufacturing operations in Austin.
» Evertiq

Posted in: Uncategorized

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