Intel Foundry Services (IFS) and Tower Semiconductor have announced a $300 million agreement to extend their respective foundry footprints. Under this deal, Tower Semiconductor will make use of Intel’s advanced manufacturing facility in New Mexico. The investment will go toward acquiring equipment and other fixed assets, aiming to provide Tower Semiconductor with a new capacity […]
In a monumental move strengthening the European semiconductor arena, global tech leaders including TSMC, Robert Bosch, Infineon Technologies, and NXP Semiconductors have unveiled their strategic blueprint to collectively funnel their resources into the European Semiconductor Manufacturing Company (ESMC) GmbH, based in Dresden, Germany. This collaboration, part of the European Chips Act framework, is prepping the […]
Mitsubishi Electric Corporation has taken an equity position in Novel Crystal Technology, Inc., a pioneering developer and seller of gallium-oxide wafers. The partnership aims to expedite the development of high-efficiency, energy-saving power semiconductors, reinforcing Mitsubishi Electric’s commitment to supporting global decarbonization. Novel Crystal Technology stands as one of the first companies worldwide to develop, manufacture, […]
Mahindra & Mahindra, a major player in India’s automotive, farm, and services sectors, has signed a memorandum of understanding (MoU) with NXP Semiconductors, a global leader in secure connectivity solutions for embedded applications. This association is set to focus on the exploration of the electric and connected vehicle landscape, spanning various vehicle types such as […]
Schneider Electric, a frontrunner in digital energy management and automation, has launched ‘Catalyze’, a novel partnership program aiming to hasten renewable energy access across the global semiconductor value chain. Revealed at SEMICON West 2023, Catalyze represents an unprecedented collaboration among semiconductor and technology industry heavyweights to tackle supply chain emissions. It augments Schneider Electric’s existing […]
Vedanta Limited, a prominent natural resources and technology conglomerate in India, has declared its foray into the semiconductor and display glass manufacturing sectors. This addition to Vedanta’s diverse portfolio could significantly boost India’s domestic market, which is expected to see the semiconductor market jump from $24 billion in 2022 to $80 billion by 2026. Similarly, […]
Microchip Technology, a US-based provider of smart, secure, and connected embedded control solutions, has revealed a multi-year plan to invest approximately $300 million in its operations in India, aiming to tap into one of the world’s fastest-expanding hubs for the semiconductor industry. These planned investments aim to enhance Microchip’s presence in India and target several […]
Mouser Electronics, a global distributor of the latest semiconductors and electronic components owned by Berkshire Hathaway, announced the establishment of a new customer service and support center in Pune, India. This move underscores Mouser Electronics’ unwavering commitment to serving top-tier design engineers and buyers worldwide, providing the highest caliber of customer service and technical support. […]
Intel has inked a revised letter of intent with the German federal government regarding the development of its wafer fabrication site in Magdeburg, Germany’s Saxony-Anhalt state capital. This agreement pertains to Intel’s enhanced investment in the location, now projected to exceed €30 billion for two pioneering semiconductor facilities in Europe. The updated agreement includes amplified […]
Intel has announced its selection of a site near Wrocław, Poland, for a new state-of-the-art semiconductor assembly and test facility. The facility aims to address the increasing demand for assembly and test capacity anticipated by Intel by 2027. With an investment of up to $4.6 billion, the facility will have expandable capacity and is expected […]