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Partnerships
Taiwans MediaTek teams up with Rutronik to distribute IoT solutions in Europe and Israel
Rutronik will distribute MediaTek’s Genio series chips, designed for robotics, industrial automation, and IoT applications, to manufacturers. The chips enable smart applications in various sectors, including smart home appliances, industrial automation, and digital signage. Read More>>
NVIDIA partners with UMC and Amkor to increase production capacity
They will increase the production capacity of its AI graphics cards by 30%, alleviating the supply shortage. UMC will boost CoWos interposer production by 3,000 wafers per month, while Amkor Packaging will collaborate with both companies. Read More>>
Centre Setup and Expansion
Microchip Technology invests USD 300 Mn to expand operations in India
It will focus on enhancing existing facilities in Bangalore and Chennai and establishing a new R&D center in Hyderabad. The investments aim to strengthen the workforce, support customer needs, and capitalize on India’s growth and talent pool. Read More>>
Mergers and Acquisitions
Abracon announces acquisition of NEL Frequency Controls, Inc.
The acquisition aims to drive innovation, product development, and market growth, leveraging the strengths of both companies in precision timing devices and expanding their global reach. Read More>>
Silicon Motion Technology Corporation and MaxLinear, Inc. enter into a merger agreement
MaxLinear’s subsidiary will merge with and into Silicon Motion, making it a wholly-owned subsidiary. The completion of the merger is subject to conditions, including regulatory approval and the satisfaction of certain requirements. Read More>>
Executive Movement
Sequans elects Maria Marced to the Board of Directors
She currently serves as president of TSMC Europe and previously held leadership positions at Intel, including vice president and GM for Europe, Middle East, and Africa. Read More>>
Product Launch
ROHM’s new RGB Chip LED for Automotive Interiors minimizes color variations due to color mixing
ROHM Semiconductor has introduced the SMLVN6RGBFU, an RGB chip LED designed for automotive interiors. The LED offers precise color control, minimizing color variation and improving color mixing. It is suitable for function indicators, accent lighting, and creating a comfortable cabin space with decorative lighting in vehicles. Read More>>
STMicro unveils the “Camera-Like” FlightSense VL53L7CX Distance Sensor, with 90 Degree FoV
The sensor offers accurate object detection and tracking, with low power consumption and the ability to operate in a low-power mode. It is suitable for applications such as people detection, robotics, and storage management. Read More>>
Financial and Market Activity
SemiLEDs reports third quarter fiscal year 2023 financial results
SemiLEDs Corporation reports Q3 fiscal year 2023 revenue of USD 1.7 million, a net loss of USD 756 thousand, and a decrease in gross margin to 14%. Cash and cash equivalents stand at USD 3.0 million. Q4 revenue is expected to be around USD 1.4 million +/- 10%. Read More>>
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