1. Renesas joins Wolfspeed restructuring plan, expects $1.7 billion loss Renesas Electronics said it has signed a Restructuring Support Agreement (RSA) with Wolfspeed and the company’s major creditors, as Wolfspeed prepares for a court-supervised restructuring under Chapter 11 of the U.S. Bankruptcy Code. Renesas could record an impairment loss of up to 250 billion yen […]
1. Intel to Cut Up to 20% of Workforce in Its Foundry Operations Amidst Manufacturing Restructuring Intel plans to lay off up to 20% of its workforce in its manufacturing operations, signaling a major shift in the company’s chip fabrication strategy as it grapples with ongoing financial challenges and increasing competition in the semiconductor industry. […]
1. GlobalFoundries invests €1.1 billion to double Dresden plant capacity GlobalFoundries (GF) has announced plans to invest €1.1 billion over the coming years to double wafer production capacity at its Dresden, Germany, facility to 1.5 million wafers per year. The facility specializes in 22nm FD-SOI 22FDX low-power process technology for power and RF devices and […]
TSMC to Price 1.6nm Wafer Process 50% Higher Amid Economic Challenges According to reports, TSMC is set to price its upcoming 1.6nm (A14) process at up to $45,000 per wafer, a 50% increase over the 3nm price, reflecting the growing costs of advanced semiconductor production. The wafer prices in the foundry services are driven by […]
1. Wolfspeed Nears Bankruptcy as Silicon Carbide Chipmaker Struggles with Financial Difficulties Silicon carbide chip manufacturer Wolfspeed is preparing to file for Chapter 11 bankruptcy protection after failing to resolve its financial burdens. The move comes as the company faces ongoing weakness in automotive and industrial demand, coupled with trade-related uncertainties. Wolfspeed has rejected multiple […]
1. Renesas expands semiconductor footprint in India with new R&D centers and new startup academy partnership Renesas Electronics said it has partnered with India’s Ministry of Electronics and Information Technology (MeitY) to strengthen the local semiconductor ecosystem by supporting startups and academic institutions under the “Chip to Startup” (C2S) program. As part of this initiative, […]
1. DRAM, NAND prices soar as chip buyers scramble to beat tariff deadline Memory chip prices surged in April as IT hardware makers rushed to stock up on inventory ahead of the US tariffs, pushing up fixed contract prices for DRAM and NAND and boosting prospects for South Korean chipmakers. According to DRAMeXchange, the fixed […]
1. Trump Imposes $600 Billion Tariffs: Global Chip, PCB & PCBA Industries Face Major Challenges In February 2025, U.S. President Donald Trump imposed tariffs totaling up to $600 billion on imported goods from China, including key items such as semiconductors, printed circuit boards (PCBs), and electronic components. With rates ranging from 10% to 100%, the […]
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