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Business news Page 256

Business news Page 256
TT Electronics adds clean room in UK
TT Electronics adds clean room in UK
Business news |
New clean room at Bedlington marks major milestone in multi-year site investment project for TT Electronics…
On Semi to cut 740 more staff
On Semi to cut 740 more staff
Business news |
On Semiconductor is to lay off about 740 staff in the first half of the year as its restructuring continues…
UK SiC substrate pilot line boost
UK SiC substrate pilot line boost
Business news |
Swansea University and Newport Wafer Fab have been awarded £4.8m (€5.6m) UK Government funding for cutting-edge equipment to manufacture silicon…
The vital importance of the power grid in the supply chain
The vital importance of the power grid in the supply chain
Business news |
The supply of power is even more critical to the electronics supply chain as recent events have shown…

Samsung petitions, Austin, Texas, for more subsidies
Samsung petitions, Austin, Texas, for more subsidies
Business news |
Samsung's plan for a wafer fab in Austin, Texas, reportedly hinges on additional tax breaks, according to a Business Korea report.
Baidu AI chip funding values subsidiary at US$2 billion
Baidu AI chip funding values subsidiary at US$2 billion
Business news |
Baidu, China's equivalent to Google, said Monday that its artificial intelligence (AI) chip subsidiary Kunlun, has completed a funding round that values the company at US$2 billion.
DNA-based memory startup raises $24 million
DNA-based memory startup raises $24 million
Business news |
Iridia Inc. (Carlsbad, Calif.) has closed a Series B of equity funding of US$24 million to help it develop DNA-based memory ICs.
Flex Logix raises $55 million in Series D
Flex Logix raises $55 million in Series D
Business news |
Flex Logix Inc. (Mountain View, Calif.), a firm that has focused on the licensing of FPGA fabric and AI inference engine, has raised $55 million in a Series D round…
On Semi to lay off 740 staff
On Semi to lay off 740 staff
Business news |
On Semiconductor Corp. has said it is planning to lay off about 740 staff during the 1H21 in order to streamline operations and focus on key markets.
Samsung’s snow-days will knock 5% off smartphone production
Samsung’s snow-days will knock 5% off smartphone production
Business news |
The prolonged shutdown of Samsung's S2 wafer fab in Austin, Texas, is expected to hurt smartphone production in 2Q21, according to analyst TrendForce.
MEMS-in-CMOS startup raises UK funds
MEMS-in-CMOS startup raises UK funds
Business news |
Nanusens Ltd. (Torquay, England), the startup that puts MEMS structures in the metal interconnect of CMOS, has raised £764,000 from the UK's 'Future Fund' scheme.
PsiQuantum taps GF to get to a million qubits
PsiQuantum taps GF to get to a million qubits
Business news |
Photonic quantum computing pioneer PsiQuantum is working with Globalfoundries to build a million-qubit photonic quantum computer by 2025.
First wind powered IoT network gateways on turbines
First wind powered IoT network gateways on turbines
Business news |
Wind turbines host and power IoT gateways for the first time across 2000 sq km at a port in the Netherlands says Kerlink…
GloFo deal to help PsiQuantum get to 1M qubits
GloFo deal to help PsiQuantum get to 1M qubits
Business news |
PsiQuantum Inc., one of the pioneers of quantum computing, has said Globalfoundries will help it achieve a million-qubit photonic quantum computer by 2025.
Rockley takes SPAC route to go public as health business
Rockley takes SPAC route to go public as health business
Business news |
Rockley Photonics Ltd. has agreed to merge with SC Health Corp., a publicly traded special purpose acquisition company (SPAC).
SMIC growth controlled by US licensing
SMIC growth controlled by US licensing
Business news |
US suppliers are making progress with the US government to supply China foundry SMIC of chip manufacturing equipment, but only for the 14nm node and above, according to analysis firm…
Hermann Hauser calls for UK, European sovereignty fund
Hermann Hauser calls for UK, European sovereignty fund
Business news |
Entrepreneur and venture capitalist Hermann Hauser has called for the formation of a fund to prevent Europe and the UK from falling behind in a global technology arms race.
US foundry SkyWater files to go public
US foundry SkyWater files to go public
Business news |
Development foundry SkyWater Technology Inc. based in Bloomington, Minnesota, has filed for an initial public offering of shares to be listed on Nasdaq.
Intel to build two wafer fabs, be foundry for Europe
Intel to build two wafer fabs, be foundry for Europe
Business news |
Intel's recently appointed CEO Pat Gelsinger has recommitted the company to semiconductor manufacturing with $20 billion for two wafer fabs in Arizona.
Cloud-based power monitoring for Port of Kiel
Cloud-based power monitoring for Port of Kiel
Business news |
Siemens Smart Infrastructure is to build a cloud-based power monitoring system for the port of Kiel in Germany…
Samsung starts its first drone deliveries in Ireland
Samsung starts its first drone deliveries in Ireland
Business news |
A partnership with Manna in Ireland marks first drone delivery service for Samsung globally…
Renesas fire exacerbates chip shortage for auto industry
Renesas fire exacerbates chip shortage for auto industry
Business news |
A fire recently broke out at Renesas' semiconductor factory in Naka, Japan. As a result, a clean room and seven chip manufacturing machines were damaged. The outage will affect chip…
Philips sells domestic appliances business for EUR3.7bn
Philips sells domestic appliances business for EUR3.7bn
Business news |
Royal Philips is to sell its domestic appliances business to Hillhouse Capital with a 15 year licensing deal in the last of its re-structuring deals.
Hyundai equips e-cars with 800V inverters in SiC technology
Hyundai equips e-cars with 800V inverters in SiC technology
Business news |
Vitesco Technologies, the spin-off of automotive supplier Continental for electric drives, has landed a big fish: The company is supplying an 800-volt SiC inverter for Hyundai Motor Group's new electric…
II-VI wins battle for Coherent
II-VI wins battle for Coherent
Business news |
II-VI to acquire Coherent to create a major player in photonics, compound semiconductors and laser technology and systems…
Imagination sets up research division for IP
Imagination sets up research division for IP
Business news |
Tim Mamtora will lead the IMG Labs division as a technology incubator for next-generation IP at Imagination Technologies…
Keysight, MediaTek validate first mmWave 5G modem
Keysight, MediaTek validate first mmWave 5G modem
Business news |
Holistic approach to testing allows MediaTek to streamline its 5G modem performance verification process across the workflow.
The safety of the cloud
The safety of the cloud
Business news |
We are happy to be back and would like to apologise for the interruption of our services due to a fire at the OVH data centre hosting our servers and…


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