GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
Tesla parts supplier in Texas faces $298,000 in OSHA fines
Simwon NA Corp., a subsidiary of Myung Shin Industries Co. in South Korea, ignored workers' concerns and "willfully exposed them to hazards related to unsafe machine operations, potential falls and a lack of personal protective equipment," an OSHA in.....»»
Foxconn to sell stake in China chip giant amid Taiwan review
A subsidiary of Taiwan's Hon Hai Precision Industry will dispose of its indirect minority stake in China's semiconductor giant Tsinghua Unigroup, the latest sign that Beijing's chip industry is becoming increasingly isolated from the rest of the worl.....»»
Huawei Device to cooperate with CATL in EV business
Huawei Device, Huawei Technologies' subsidiary focusing on smartphones, PCs, notebooks and tablets, has signed an MoU with Contemporary Amperex Technology (CATL), the largest China-based lithium battery maker, for cooperation in electric vehicle (EV).....»»
Chengdu Silan raises CNY500 million to fund automotive IC packaging biz
Chengdu Silan Semiconductor Manufacturing, a subsidiary of discrete component IDM Silan Microelectronics, has raised CNY500 million (US$71.7 million) from two new Chinese investors to fund its automotive IC packaging business. Government-led Chengdu.....»»
China car chip vendor ChipOn paving way for launching IPO
China-based automotive chip supplier ChipOn Micro-Electronic has recently filed a listing counseling application with the Shanghai Securities Regulatory Bureau, paving the way for launching an IPO at the Shanghai Stock Exchange......»»
Microbial miners could help humans colonize the moon and Mars
The biochemical process by which cyanobacteria acquire nutrients from rocks in Chile's Atacama Desert has inspired engineers at the University of California, Irvine to think of new ways microbes might help humans build colonies on the moon and Mars......»»
Global OLED Technology warns BOE Technology not to infringe on OLED patents
Global OLED Technology (GOT), LG Display's (LGD) subsidiary that owns and licenses OLED technology patents, sent warning to China-based panel maker BOE Technology against infringing on such patents in the first half of 2022, according to South Korea-.....»»
China flash controller firm plans IPO
Yeestor Microelectronics, a China-based flash storage controller supplier, has applied to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, according to market sources in China......»»
Tesla to postpone hiring, shorten shifts at Shanghai plant
Tesla, facing rising inventories, may need to cut prices in China further in the coming year because it increasingly appears to have a demand issue, one analyst said this week......»»
Xiaomi invests in HuiXi autonomous driving chip company
Multiple Chinese media reported on Dec 6 that the China-based AI startup Hefei HuiXi Intelligence has received investment from HanXing Venture Capital – a wholly-owned subsidiary by Xiaomi......»»
Large-size and specialty wafer production both at full capacities, said Globalwafers
At its board meeting held on December 6, Globalwafers emphasized that besides small-size wafers, which saw a slight loosening in availability, both large-size and specialty wafers are at full production capacity and the company plans on further expan.....»»
China startup foundry Wingskysemi moves in first ASML lithography machine
Wingskysemi, a wholly owned semiconductor subsidiary of China's major EMS provider Wingtech Technology, has recently completed the move-in of its first ASML lithography machine at its 12-inch wafer fab in Shanghai dedicated to production of auto-grad.....»»
Ritdisplay focuses on battery business for future business growth
PMOLED (passive matrix OLED) panel maker Ritdisplay has stepped into battery business by establishing subsidiary battery maker Ritwin and investing in Welltech Energy, and expects the battery business to mainly drive business growth in the future, ac.....»»
Tesla set to reduce Shanghai output in sign of sluggish demand
Tesla Inc. plans to lower production at its Shanghai factory, according to people familiar with the matter, in the latest sign demand in China isn't living up to expectations......»»
GlobalWafers breaks ground for Texas factory, expects mass production in 2024
GlobalWafers Co. Ltd. (GWC), the world's third-largest semiconductor silicon wafer manufacturer, held a ground-breaking ceremony on December 1 to commence the construction of a 300 mm (12-inch) silicon wafer factory in Sherman, Texas......»»
Volkswagen and PowerCo launch Canadian site search for first N.A. gigafactory
Volkswagen battery subsidiary Powerco and Belgium's Umicore are to extend their cooperation on cathode material to Canada, which the carmaker is considering as the location of its first North American cell factory, VW said on Thursday......»»
Etron gearing up for AI chip boom
Etron Technology, along with subsidiary eYs3D Microelectronics, is gearing up for the AI chip market boom, according to company chairman Nicky Lu......»»
Cognizant acquires AustinCSI
Cognizant has entered into an agreement to acquire AustinCSI. This acquisition complements Cognizant’s technology prowess and vertical industry expertise, enriching its advisory capabilities for delivering comprehensive digital strategy as well.....»»
Tata reportedly in talks to buy Wistron"s India plant
Betting on electronics manufacturing, Tata Group is reportedly discussing with Wistron to form a joint venture or even acquire the latter's facility for iPhone assembling......»»
China links COVID outbreak to man’s jog through a park; scientists skeptical
The man reportedly infected 39 people in one outdoor jog through a park. Enlarge / Runner in Shanghai, China. (credit: Getty| Avalon) In the early morning of August 16, a 41-year-old man in China's southwest-central mu.....»»