1. Onsemi will streamline operations in 2025 amid falling fourth-quarter profits Onsemi, a leading supplier of smart power and sensor chips, reported a drop in fourth-quarter 2024 profits and announced plans to streamline operations in 2025, although it did not provide further details. The company’s sales were affected by weak performance in the automotive and […]
1. Russia will invest $2.54 billion in domestic chipmaking tools by 2030 Russia will invest more than 240 billion rubles ($2.54 billion) in a plan to replace foreign semiconductor manufacturing equipment by 2030. The initiative will launch 110 R&D projects to reduce dependence on foreign semiconductor production equipment. imported tools and enables chip production using […]
1. SoC chip market to exceed $200 billion by 2029, with RISC-V and automotive sectors leading the growth According to MarketsandMarkets, the System on Chip SoC market size is expected to grow from 138.46 billion in 2024 to 205.97 billion in 2029, at a compound annual growth rate (CAGR) of 8.3% during the forecast period […]
1. Korea accelerates development of HBM supply chain as Japanese companies join South Korea is accelerating the development of high-bandwidth memory (HBM) supply chains, crucial for AI computing, while Japanese chip equipment makers are securing supply deals with industry leading companies. Tokyo Electron, Japan’s largest semiconductor equipment manufacturer, is building a fourth R&D center […]
1. NXP invests $1 billion in India to increase R&D expansion NXP Semiconductors announced plans to invest more than $1 billion in India to enhance and expand research and development, strengthening its commitment to the country as India strengthens its semiconductor industry. NXP CEO Kurt Sievers, speaking at the Semicon conference, said the company aims […]
1. Global semiconductor sales increase 18.7% year-on-year in 2023 in July According to the Semiconductor Industry Association SIA, global semiconductor sales reached 51.3 billion USD in July 2024, marking an increase of 18.7% compared to 43.2 billion USD in July 2023. currently a 2.7% increase compared to June 2024’s total of USD 50 billion, continuing […]
1. Renesas announces completion of acquisition of Altium Renesas Electronics Corporation recently announced the successful completion of its acquisition of Altium. This combination lays the foundation for Renesas and Altium to create an innovative electronics systems design and lifecycle management platform. The platform will provide integration and standardization of various electronic design data and functions, […]
1. Europe’s chip market share may fall to 5.9%, ZVEI urges more investment The German electrical and electronics manufacturers association ZVEI has warned that although subsidies for chip manufacturing have shown positive results, stronger support is needed for Europe to remain competitive. on the global market. According to a report published by ZVEI, the current […]
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