Industry News

1. Allegro announces acquisition of Crocus Technology   Allegro MicroSystems, Inc. recently announced that it has signed a definitive agreement to acquire Crocus Technology (“Crocus”) for $420 million in cash.  Crocus is a privately held company and a leader in advanced Tunnel Magnetoresistance (“TMR”) sensor technology. This acquisition brings unique technology and products well suited […]

1. MINERAL-RICH NATIONS RAISE SUPPLY CHAIN PROFILES  According to reports, Indonesia has produced about half of the Nickel used in EV batteries by 2022. They have enacted bans on exporting nickel abroad. This ban has forced foreign corporations to invest heavily in building Nickel processing manufactory in Indonesia. Ford Motors and China’s Zhejiang Huayou Cobalt […]

 1. COMPONENT & OBSOLESCENCE ARE BECOMING UBIQUITOUS Electronic components have become popular and are constantly evolving with the advancement of technology. This has driven the average life cycle of components down from 10 years to 7 years. This is expected to be a problem in very near future when the inventory of old technology products […]

1. Industrial and automotive chip demand will be constant in 2023  In 2023, the consumer electronics industry’s outlook remains bleak despite the onset of the peak season in the latter half of the year. Conversely, the demand for automobiles and industrial control is expected to maintain stability. Major consumer applications like mobile phones, personal computers, […]

1. GLOBAL SEMICONDUCTOR SALES INCREASE 1.7% MONTH-TO-MONTH IN MAY According to the latest report from the Semiconductor Industry Association (SIA), global semiconductor industry sales totaled $40.7 billion in May 2023, up 1.7% from the $40.0 billion total in April 2023 but down 21.1% from the $51.7 billion total in May 2022. “Despite continuing market sluggishness […]

1. PROCESSOR MARKET SIZE IS EXPECTED TO DROP TO $150 BILLION IN 2023  According to the latest report from Yole Intelligence, the market for processors, including CPUs, GPUs, APUs, and FPGAs, fell to $157 billion in 2022 from $159 billion in 2021 due to weak consumer electronics demand. And it is expected to continue to […]

1. MICRON CUT PRODUCTION BY 30%  In November last year, Micron announced that it would cut memory chip production by 20%, due to many manufacturers having inventories and falling market demand. Entering this year, sales revenue of PCs and smartphones continues to decline, leading to a decrease in the demand for memory chips from manufacturers. […]

1. INTEL TO INVEST ANOTHER $25 BILLION IN ISRAEL  Israel’s prime minister Binyamin Netanyahu announced on Sunday that Intel will invest $25 billion on semiconductor manufacturing facilities in the country.  To be located in the town of Kiryat Gat, the factory is slated to open in 2027 and operate through at least 2035, according to […]