UK-based TT Electronics has confirmed it will open a new manufacturing facility in Mexicali, Mexico and will expand its existing plant in Kuantan, Malaysia.
» Evertiq
France’s semiconductor materials provider Soitec has revealed consolidated revenue of EUR 157 million for the first quarter of FY24. That’s 23% down on 1Q FY23.
» Evertiq
The Council of the European Union has approved regulation designed to double Europe’s market share in the global semiconductor market from 10% to 20% by 2030.
» Evertiq
US electronics firms will lack 67,000 skilled workers by the year 2030, says a study by the Semiconductor Industry Association (SIA).
» Evertiq
The world’s largest chip maker, TSMC, has confirmed it will build an extended facility in Taiwan to meet the surging demand for AI products.
» Evertiq
Germany has joined the clamour to re-gain some control of its chip industry. Its economy ministry has said it will invest EUR 20 billion to boost its domestic market.
» Evertiq
Semiconductor metrology company Wooptix has completed a EUR 10 million Series B round. It will use the funds to accelerate the supply of its products across Japan, the US and the Netherlands.
» Evertiq
Chip specialist NXP Semiconductors has reported better-than-expected 2Q financials: it delivered quarterly revenue of USD 3.3 billion.
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Norway’s FREYR has secured a EUR 100 million EU grant to support its Giga Arctic project. The scheme is a 29 GWh nameplate capacity facility powered with 100% renewable hydroelectricity.
» Evertiq
Toshiba Electronics Europe is working with MikroElektronika on a joint project to accelerate the development of automotive applications.
» Evertiq