1. Global Semiconductor Equipment Sales Surge 44% to Record $102.6 Billion in 2021

According to SEMI, the global revenue from semiconductor manufacturing equipment increased by 44%, soaring from $71.2 billion in 2020 to a record-setting $102.6 billion in 2021. This surge signifies the positive drive within the global semiconductor industry to boost capacity for the production of new high-tech applications, ultimately contributing to a smarter digital world with numerous societal benefits.

2. EVs Reap Benefits from New Battery Generation

IonQ and Hyundai Motor Company have collaborated to develop unique Variational Quantum Eigensolver (VQE) approaches to study lithium compounds and chemical interactions within battery chemistry. These advancements in battery technology are aiding electric vehicles in addressing issues like limited range, slow charging, and restricted battery life.

3. Kioxia and Western Digital Invest Together in New Flash Memory Facility at Yokkaichi Plant

Kioxia Corporation and Western Digital Corporation have jointly announced an investment in the initial phase of the Fab7 (Y7) production facility at Kioxia’s Yokkaichi plant in Mie Prefecture, Japan. This joint venture investment transforms the Yokkaichi plant into the world’s largest flash memory manufacturing site.