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Volvo Cars to cut 3,000 jobs globally in major restructuring Swedish carmaker Volvo Cars will reduce its global workforce by approximately 3,000 positions, including consultants, as part of a sweeping cost-cutting programme aimed at securing long-term profitability amid growing pressures on the automotive sector Top 5
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News
DRAM industry revenue surges 59.5% in Q2 as supply lags demand
1+ week, 5+ hour ago (232+ words) Growing demand for AI servers – fuelled by LLM training, AI inference and the expansion of agentic AI applications – drove higher shipments of HBM3e, LPDDR5X and high-capacity RDIMMs. On the supply side, additional capacity has been primarily allocated for server use, meaning DRAM…...
Sivers Semiconductors to expand photonics manufacturing in Glasgow
1+ week, 4+ day ago (180+ words) Evertiq Upon completion, the facility is expected to support annual production of more than 100 million CW DFB lasers The expansion begins in the second half of 2026 and is expected to be operational in Q4 2027.The investment is driven by growing demand…...
Sweden must turn semiconductor expertise into industry
1+ week, 6+ day ago (494+ words) This article was originally published by RISE – Sweden's independent government research institute, and is republished here with permission. Guest article by: Björn Samel, Vice president, Emerging hardware technologies, RISE We export knowledge but all too often import the value creation....
Indichem inaugurates semiconductor materials plant in Gongju
2+ week, 5+ hour ago (250+ words) Evertiq Acutaas Chemicals Limited, an Indian manufacturer of specialty chemicals and pharmaceutical intermediates, has announced that Indichem, its step-down subsidiary in South Korea, has inaugurated its semiconductor chemicals manufacturing plant at Gongju, Chungcheongnam-do, South Korea, according to a press release…...
Infineon acquires Bangalore-based C2i Semiconductors
3+ week, 1+ hour ago (207+ words) Evertiq C2i Semiconductors brings expertise in intelligent digital power management, multiphase controllers and system-level power architectures, including vertical power delivery and Substrate Integrated Voltage Regulators The technology complements Infineon's existing portfolio of power semiconductors across silicon, silicon carbide and gallium nitride,…...
Fujifilm completes new production facility in Oita
3+ week, 3+ hour ago (233+ words) Japan’s Fujifilm has announced the completion of a new production building for post-CMP cleaners at the Oita Factory of Fujifilm Electronic Materials (FFEM), the core company leading Fujifilm’s semiconductor materials business. The facility began operations in August. This investment will…...
Micron launches $250 million AI investment fund
3+ week, 6+ hour ago (178+ words) Evertiq The fund will invest across four domains: AI model architecture and data infrastructure, compute including in-memory computing and next-generation networking, enterprise AI applications including semiconductor design and manufacturing, and physical AI covering robotics and new device form factors, according…...
Micron unveils $10 billion AI memory research lab in Boise
3+ week, 3+ day ago (323+ words) Micron Technology has unveiled Micron Research Labs, a US-based long-horizon premier research institution headquartered in Boise and backed by a planned USD 10 billion investment over the next decade. The new hub will bring together customers, academia, government and the broader…...
Marvell and Google expand custom silicon partnership
3+ week, 4+ day ago (118+ words) Evertiq In connection with the deal, Marvell has issued Google a warrant to purchase up to approximately 59 million shares at USD 206.58 per share â a potential stake valued at approximately USD 12.2 billion, according to an SEC filing from Marvell.The…...
Samsung to invest $158M in new HVAC production line in Korea
3+ week, 4+ day ago (252+ words) Samsung Electronics has announced that it will establish a FläktGroup HVAC production line in Korea to target the rapidly growing HVAC market, including the production of advanced cooling solutions for AI data centers. The company plans to invest approximately KRW…...