STMicroelectronics and GlobalFoundries Bag Approval for French Chip Factory

Key Insights and Signals – Semiconductor

Honda Motor, TSMC sign strategic partnership deal for stable chip supply
The deal comes amid the global chip shortage caused by the pandemic. The collaboration aims to build a long-term alliance with chip manufacturers and secure a stable supply of chips. Read More>>
Akoustis (AKTS) enables a new line of Wi-Fi 6E gateway products for Tier-1 US-Based service provider
Akoustis announced that it had received its first order for Wi-Fi 6E filters from a US provider. The filters will be used in MU-MIMO Access Points for cable gateways with 4×4 configuration and twelve radios. Two XBAW filters with center frequencies of 5.6 GHz and 6.6 GHz will be used in the gateways. Read More>>
HiddenLayer, Intel collaborates on machine learning security solutions
Intel and HiddenLayer are partnering to deliver an end-to-end ML model security platform for regulated businesses. The platform will use Confidential Computing and Intel SGX to provide an encrypted ML Model Scanner to protect customers’ ML models. The solution aims to enhance AI-based technologies in various industries. Read More>>
Centre Setup and Expansion
STMicroelectronics and GlobalFoundries bag approval for French Chip Factory
The facility will reach full capacity by 2026 and produce up to 620,000 wafers per year. The move is part of the EU’s goal to produce 20% of the world’s chips by 2030. Read More>>
Executive Movement
Microchip Technology announces the promotion of Rich Simoncic to Executive Vice President
Simoncic began his career at Microchip in 1989 and has held various development, operational, and business unit responsibilities. Microchip offers smart, connected, and secure embedded control solutions to over 120,000 customers across multiple markets. Read More>>
Global chip-maker Qualcomm cuts jobs to support long-term growth
Qualcomm announced a plan to eliminate 1,500 jobs in California as part of its goal to cut costs by $ 1 billion. The layoffs come as Qualcomm struggles to close its acquisition of NXP. The affected employees will be offered supportive severance packages to help ease the impact of the transition on them. Read More>>
Product Launch
Intel to introduce Core Ultra Brand Extension with “Meteor Lake.”
The CPUs will feature an integrated GPU with 128 execution units, improving performance and graphics capabilities for high-performance computing enthusiasts. Read More>>
Realme 11 Series unveiled with MediaTeks Dimensity 7050 Processor
MediaTek announced the launch of a new processor that is causing a stir in the industry – the Dimensity 7050. One of the standout features of the Dimensity 7050 is its 6nm process technology. Additionally, the Dimensity 7050 supports LPDDR5/4x and UFS 3.1/2.1. Read More>>
Semtech and Connected Development launch new LoRa-Based IoT Development Board and Reference Design
Semtech and Connected Development launched the XCVR Development Board and Reference Design for LoRa Sub-GHz Radio Transceiver, simplifying design and reducing time-to-market. The design includes software drivers compatible with various microcontroller vendors and enables rapid software development. Read More>>
Financial and Market Activity
AXT, Inc. announces first quarter 2023 Financial Results
The company’s revenue for the quarter was $ 38.5 million, which is a 9% increase from the previous quarter. However, its net income was $ 1.8 million, which is a 33% decrease from the previous quarter. Read More>>
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Latest Industry Insights from Draup Braindesk

Canadian Roadmap includes four main goals for Semiconductor Development by 2050
  • Strengthening and diversifying the supply chain
    This chip shortage impacts production and supply. The country will work to secure an imported supply of semiconductors and establish a case for increasing domestic production.
  • Develop onshore manufacturing
    This increases domestic production of semiconductors by understanding which chips are in high demand, establishing a business model for fabrication, attracting multinational semiconductor manufacturing partners, and improving engineering talent.
  • Establishing Canada as a brand
    Focusing on design and R&D as well as specializing in electric vehicles, batteries, and sensors areas that are poised for significant growth.
  • Foster market development
    This would help float the bill for the initial and ongoing capital needed for semiconductor manufacturing.
The path to a modern Canadian economy will be paved with Canadian technology
  • Shoring Up Supply
    Companies and industries have to come together and establish a cross-industry, government-led consortium to increase Canada’s purchasing power and negotiating position through high-volume purchases. Chips are increasingly being viewed around the world as fundamental to national security, and Canada has to secure its supply while at the same time building a case for increasing domestic production.
  • Bringing Production Home
    Canada must leverage its reputation as an environmentally and politically stable market and rely on existing partnerships to attract new multinational semiconductor manufacturing agreements. Canadian engineering talent must improve upon established fabrication processes and pioneer more agile and efficient approaches to chip production. To emerge as a leader in the ultra-lucrative, IP-rich semiconductor sector, Canadian-made semiconductor products have to develop an uncompromising reputation as best-in-class.

Startup Spotlight

Company – Aiste
Total Funding – USD 43.79 Mn
Aiste provides power conversion solutions. They offer SiC MOS chips and SiC modules for vehicles, motor drives, charging piles, wind energy inverters, photovoltaic inverters, and industrial power supplies. Read More>>

Latest Reports Published in Draup

Semiconductor Roadmap for 2023 & 2024
Solution providers focusing on areas such as IoT, AI/ML, Big Data, Computer Vision, Digital Twin, Sensors, Cloud, and Voice Recognition are major deal winners. Read More>>
Digitization of Semiconductor Industry
The usage of semiconductors in the healthcare market is increasing; the adoption of wireless technology coupled with a rise in the development of semiconductor technology devices drives the healthcare semiconductor market. Read More>>
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