Semiconductor Industry Updates

    1. Recently, Wolfspeed announced that it secured $1.5 billion in funding from the U.S. government and the Apollo Investment Fund consortium to support the establishment of its first 200mm silicon carbide manufacturing facility.

    2. Nordic Semiconductor, a wireless chip supplier based in the Nordics, has agreed to acquire its domestic UWB (Ultra-Wideband) chip company, Novelda.

    3. The Indian semiconductor market reached $45 billion in 2023, and by 2024, it is projected to surpass both Japan and Europe in market size.

    4. South Korea’s SK Group has acquired the Vietnamese semiconductor company ISCVina Manufacturing Co. for $300 million.

    5. On October 26, Kinghelm (www.kinghelm.net) and Sakomicro hosted multiple training and learning sessions. In the morning, General Manager Song Shiqiang led a meeting on "Company Risk Management," and in the afternoon, Promotion Department Director Huang Dejun facilitated a review of the Futian exhibition. Employees Yin Hao, Yang Shicheng, and Liu Huijuan also attended a learning session in Huaqiangbei.

    6. NVIDIA has recently rebranded its Blackwell Ultra product line as the B300 series, which is expected to feature HBM3e 12hi memory.

China Semiconductor Updates

    1. China has built a globally competitive complete industry chain for renewable energy, contributing over 80% of the world’s photovoltaic modules and 70% of wind power equipment.

    2. EVE Energy plans to raise up to 5 billion yuan to produce cylindrical lithium iron phosphate energy storage batteries and 46-series large cylindrical power batteries.

    3. TSMC's factory in Arizona announced a major breakthrough in chip yield, exceeding the yield rates of its facilities in Taiwan by 4 percentage points.

    4. Shanghai Weir Semiconductor Co., Ltd. reported Q3 2024 revenue of 18.908 billion yuan, a 25.38% year-on-year increase, with a net profit attributable to shareholders of listed companies reaching 2.375 billion yuan, up 544.74% year-on-year!

    5. The 2024 Aira Electronic Technology Solutions Exhibition is scheduled for November 12 at the Sheraton Hotel's grand ballroom in Shenzhen.

    6. Hefei CRRC Times Semiconductor Co., Ltd. held a ceremony to mark its establishment and project launch, with plans to invest in a production base for low and medium voltage power devices in Feixi.

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