Qualcomm eyes potential investments in Indian EV Startups, seeks mergers & acquisitions

Key Insights and Signals in Semiconductor

Center Setup and Expansion
Cisco to open new chip design center in Barcelona, Spain
The move comes as Europe tries to reinforce its own chip industry and reduce its dependence on U.S. and Asian supply, triggered by a global shortage of semiconductors and supply chain bottlenecks. Read More>>
Chip maker TSMC plans multibillion-dollar Arizona factory expansion
The scale of this investment is expected to be like the USD 12 Bn it committed two years ago. The chipmaker’s new facility would manufacture 3-nanometer transistors. Read More>>
Qualcomm teaming with EvoNexus on 5G technology incubator
The company announced working closely with EvoNexus to identify early-stage companies bridging emerging technologies and use cases with the attributes of the 5G network. Read More>>
SMD partners with Melexis to boost the microchip industry
The collaboration will result in positive outcomes as Sarawak is embracing green digital technology to build a sustainable economy, which is an area relevant to the Semicon industry. Read More>>
Qorvo and SK Siltron CSS announce long-term SiC supply agreement
The companies have finalized a multi-year supply agreement for silicon carbide (SiC) bare and epitaxial wafers. SiC devices are more efficient at handling high powers and conducting heat than traditional silicon. Read More>>
Executive Movement
Christel Mauffet-Smith joins Arteris as Executive VP of Global Sales
Christel brings a unique combination of engineering, sales, strategic thinking, and operational skills to ensure customer success. Most recently, she served as a Sales Group Leader at Cadence. Read More>>
Financial and Market Activity
SK Inc.’s advanced materials sales surpass USD 758 Mn in Q3
The company consolidated sales in the advanced materials business sector exceeded USD 758 Mn for the first time in the third quarter. The company sales and operating profit in the advanced material business between July and September performed exceptionally well. Read More>>
Digi International (DGII) tops Q4 Earnings and Revenue Estimates
The company’s quarterly earnings of USD 0.45 per share, beating the Zacks Consensus Estimate of USD 0.42 per share. A quarter ago, it was expected that the company would post earnings of USD 0.38 per share, thus delivering a rise of 18.42%. Read More>>
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Latest Industry Insights from Draup Braindesk

Funding Alert

Qualcomm eyes potential investments in Indian Auto Tech, EV Startups
Besides looking at picking up stakes in Indian EV startups, the company’s venture capital arm is also open to mergers and acquisitions to get a piece of the emerging industry. The company bid is driven by the huge scope of the Indian auto market and the growing transition towards electric vehicles. Read more>>

Startup Spotlight

Company – FloraPulse
Total Funding  USD 1.19 Mn
About: Developed by researchers from Cornell University with over 40 years of experience, FloraPulse’s patented microsensors accurately measure water potential in a vineyard or orchard. This allows customers to discover what their field is feeling, at any time, along with data-based suggestions for specific crops. Read more>>

Latest Reports Published in Draup

Microchip Technology Inc. Account Intelligence Report
Microchip Technology intends to offer cost-effective embedded control solutions that are high-performing, low-power, and easy to develop. Read More>>
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