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Intel's Partial Pause in Penang Project

Release date:2024-09-06Author source:KinghelmViews:1070

International News

1. Intel has partially paused its new chip packaging and testing project in Penang, Malaysia, which is part of a $7 billion (approximately 50 billion RMB) investment announced three years ago.

2. Element Six (E6) is leading a U.S. project to develop ultra-wideband high-power semiconductors using single-crystal (SC) diamond substrates.

3. Intel has officially launched the Intel Core Ultra 200V series processors, designed specifically for thin and light laptops, which will be available for purchase through over 30 global retailers starting September 24.

4. In July this year, global semiconductor industry sales totaled $51.3 billion, up 18.7% year-on-year. Sales in the Americas reached $15.4 billion, while China saw $15.2 billion.

5. From September 2 to September 6, 2024, Kinghelm (www.kinghelm.com.cn) / Saco Micro’s "Star of the Week," as evaluated by colleagues, is Saco Micro’s business assistant, Qiu Chan.

6. According to Bloomberg, Intel is seeking urgent assistance from investment bankers to navigate the company's toughest period in its 56-year history.


China News

1. According to the International Federation of Robotics (IFR), China is currently the world’s largest robot market.

2. A semiconductor lidar and sensor industrialization project has begun, with a total investment of 5 billion RMB, focusing on gallium arsenide substrate epitaxy production, device module manufacturing, and packaging testing.

3. Recently, Wu Tianyu, COO of ASE Semiconductor in Taiwan, stated at the SEMICON TAIWAN 2024 pre-show conference that current AI demand is so strong that "business is so good we can't keep up with orders."

4. The fifth China MEMS Manufacturing Conference 2024 will be held from October 23-25 at the Suzhou International Expo Center.

5. Chip company Lanqi Technology recently disclosed its semi-annual report, showing a revenue of 1.665 billion RMB in the first half of 2024, up 79.49% year-on-year.

6. Mercedes-Benz, one of the world’s top ten automakers, has announced plans to invest over 14 billion RMB in collaboration with Chinese partners.


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