Micron expects revenue impact following China ban
U.S.-based Micron Technology on Monday forecast a hit to revenue in the low-single to high-single digit percentage after a ban by China on sale...
Applied Materials to invest $4 bn in Silicon Valley chip research center
Applied Materials, a prominent U.S. semiconductor toolmaker, has unveiled plans to invest up to $4 billion in a research center located in Sunnyvale, California,...
China finds security issues in Micron products, blocks purchase
China’s cyberspace regulator said it conducted a network security review of products from Micron Technology, a U.S.-based memory chipmaker, and found them to be...
Kyocera targets 3.7% growth in revenue to 2,100 bn yen
Kyocera said its sales revenue increased 10.1 percent to 2,025.332 billion yen for the fiscal year ended March 31, 2023.
This was due to increased...
UK plans investment of $1.26 bn in semiconductor sector
The UK government has unveiled a significant investment of 1 billion pounds ($1.26 billion) to strengthen the country’s semiconductor sector and enhance chip supply...
Applied Materials targets revenue of $6.15 bn
Applied Materials, a semiconductor manufacturing tools maker, has reported revenue of $6.63 billion (+6 percent) for its second quarter ended April 30, 2023.
Applied Materials...
Micron Technology plans $3.7 bn investment in Japan
Micron Technology announced plans to invest up to 500 billion yen or $3.7 billion in 1-gamma process technology in Japan, with strong support from...
Semiconductor fabless market in Asia Pacific to drop 19%: IDC
IDC forecasts that the Asia Pacific region’s semiconductor fabless market will decline 19.1 percent in 2023.
In 2922, the semiconductor fabless market in the Asia...
ON Semiconductor considers $2 bn investment in EV chip production
ON Semiconductor is considering an investment of $2 billion in boosting production of silicon carbide chips that are widely used in electric vehicles, Reuters...
Analog Devices plans €630 mn investment in Ireland
Analog Devices announced a new €630 million investment for the construction of a new 45,000 sq-ft Research & Development and manufacturing facility.
The facility at...
SMIC reports drop in revenue and profit in Q1
Semiconductor Manufacturing International Corporation (SMIC) has reported revenue of $1.462 billion in 1Q23, compared to $1.621 billion in 4Q22, and $1.841 billion in 1Q22.
SMIC’s...
India may re-open $10 bn incentive offer for semiconductor industry
India plans to reopen the application process for $10 billion in incentives and assistance to encourage chip manufacturing, as previously announced projects are taking...
GlobalFoundries revenue dips 5% to $1.84 bn in first-quarter
GlobalFoundries (GF) has reported 5 percent drop in revenue to $1,841 million for the first quarter ended March 31, 2023.
GlobalFoundries has generated revenue of...
Western Digital revenue drops 36% to $2.8 bn in Jan-March
Western Digital, a leading memory chip firm, has reported 36 percent drop in revenue to $2.80 billion in its third-quarter from $4,381 million.
Cloud segment...
Infineon revises 2023 revenue target to €16.2 bn
Infineon Technologies reported 4 percent increase in revenue to €4.119 billion with gross margin of 46.6 percent for the second quarter of its 2023 fiscal...
SK Hynix to raise China legacy chip output capacity: TrendForce
South Korea’s SK Hynix plans to expand its legacy chip production capacity at its chip manufacturing facilities in China, market research firm TrendForce said.
The...