Global Tech Update:

1. The U.S. government plans to cut Intel's $8.5 billion chip subsidy to under $8 billion.

2. STMicroelectronics' MCU sales are expected to drop significantly by 41.3% in 2024.

3. Microchip unveils PolarFire FPGA Ethernet sensor bridge.

4. Lattice Semiconductor is considering making a full acquisition offer for Intel's Altera.

5. EU officials say no agreement has been reached yet in the EU-China electric vehicle tariff negotiations.

6. HP's R&D team may lay off up to 10%, with supply chain operations shifting back to the U.S.

Domestic Tech Update:

1. In the first half of 2024, global semiconductor equipment shipments totaled $53.2 billion, with mainland China accounting for about 47%.

2. In response to the U.S. chip export restrictions, the Chinese Foreign Ministry strongly opposes and will take decisive measures to safeguard the legitimate rights of Chinese companies.

3. Shenzhen Hangyu International Logistics has applied to the Supreme People's Court for a retrial in the Mito trademark infringement case and will seek to appeal to the prosecution and transfer the case to criminal investigation until the Mito gang is brought to justice.

4. Su Shi Testing's central China headquarters will begin construction next year, covering industries such as semiconductors, aerospace, and automotive in central China.

5. Woqi Microelectronics has shipped over 100 million chips annually.

6. Dapo Technology’s first 4/6-inch silicon carbide piezoelectric composite substrate production line has successfully started operations.

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