Centre set up and Expansion
Intel Corp. plans a USD 7.12 Bn expansion in Malaysia
The move will boost its advanced semiconductor packaging capabilities while affirming its commitment to Malaysia. This is a significant Asian investment intended to address an endemic global semiconductor shortage at a time when Washington is advocating domestic production. Read More>>
Micron to open design center in Midtown, Atlanta
The new center, set to open in January, will include offices, a data center, and research and development operations. The design center is expected to create 500 new jobs. Read More>>
SK Hynix sets up a new US business unit
The new unit, called American Business Team, is one of the three new units established under the direct influence of CEO Lee Seok-hee. The new unit is solely dedicated to the US market, where the memory chip giant has made a renewed push to secure a firm footing and expand partnerships with local tech firms. Read More>>
Deal
Qualcomm supplies interiors chips suite for Opel/Vauxhall Astra
Qualcomm Technologies is targeting automotive and says its integrated automotive platforms – for cockpits and chassis – now have an order pipeline of more than USD 13 Bn. These platforms will power the Astra’s Pure Panel digital cockpit, which features extra-wide high-definition touchscreen displays, with a new human-machine interface (HMI). Read More>>
BMW Group inks a deal with Inova Semiconductor and GlobalFoundries to Secure Supply
The agreement guarantees the BMW Group the supply of several million microchips per year. The microchips will be used in the ISELED smart LED technology co-developed by the BMW Group, which will be deployed for the first time in the BMW iX and rolled out in further models. Read More>>
Partnerships
Polte joins Nordic’s Partner Program providing massive IoT location technology –
Polte and Nordic are providing an out-of-the-box ready location solution leveraging Polte’s CoreRes (CR) capability via the Polte Location API. Polte CR is a Massive IoT location service targeted at developers of asset tracking solutions using Nordic’s nRF9160 SiP. Read More>>
AppsFlyer teams up with Intel to introduce The AppsFlyer Privacy Cloud
AppsFlyer is collaborating with Intel to leverage the hardware-enhanced crypto acceleration in Intel’s 3rd Generation Intel Xeon Scalable platform. This is intended to significantly speed up computation for the Privacy Cloud’s high-performance advanced homomorphic encryption (HE) applications. Read More>>
Micron, UMC partner to strengthen customer supply chains
The company has announced an expansion of its business relationship with United Microelectronics (UMC), providing Micron opportunities to secure supply for automotive, mobile, and critical customers into the future. Read More>>
Sony and Qualcomm partner to take mobile photography to another level
The company has partnered with leading CMOS sensor maker Sony to improve integration between its two systems for future smartphone development. The companies have moved their teams to the same building to work together on the development of future smartphones. Read More>>
Mergers and Acquisition
Lattice acquires Mirametrix Inc.
The acquisition will combine Lattice’s hardware and software solutions with Mirametrix’s expertise to create an end-to-end AI and computer vision solution. Mirametrix Inc. is a Montreal-based software firm focused on AI solutions for computer vision applications. Read More>>
Synaptics acquires DSP Group, raises Q2 guidance
The company acquired DSP Group in an all-cash deal worth about USD 549 Mn. DSP Group provides voice processing and wireless chipset solutions on a global level. The deal was financed with the proceeds from a new 7-year USD 600 Mn senior secured term loan issued under the company’s existing credit facility. Read More>>
Executive Movement
Intel appoints a new VP based in Ireland
Intel is promoting Neil Philip to the role of Vice President in its manufacturing, supply chain, and operations group. Ireland-based Philip currently leads operations at the chip giant’s Fab 24 manufacturing facility in Leixlip, Co Kildare. Read More>>
Samsung SDI named Choi Yoon-ho as CEO
Samsung SDI named Choi Yoon-ho, the chief financial officer of Samsung Electronics, as its CEO. The previous CEO, Jun Young-Hyun, has been promoted to vice chairman and will continue to serve in the board. Read More>>
Financial and Market Activity
Ambarella booming on AI-based chip demand, strong earnings
Ambarella has recently experienced significant growth, fueled by rising demand for its artificial intelligence (AI)-based silicon products, particularly in the automotive and home security industries. As a result, the stock has gained 139% in the last year and about 124% so far this year. Read More>>
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