Radio Advance Epitaxy’s Post

https://lnkd.in/gWkrB5Xv Reflecting on the closure of a semiconductor fabrication plant, originally a copy of Baron Roger van Overstraeten’s 200mm plant at imec—a testament to his and Gaston Geens’ visionary leadership. Despite enduring multiple acquisitions, this resilient team@ now faces the end of an era. It’s incomprehensible, particularly in the context of the burgeoning demand for semiconductor experts driven by AI development and the energy transition. This closure is taking place in Flanders, a region known for its leadership in semiconductor innovations through its partnership with imec. This situation starkly highlights the challenging investment climate in Flanders for advanced manufacturing. Looking ahead, I remain hopeful that the incoming government will recognize the critical need to support and rejuvenate this sector. I am committed to offering my support where necessary to facilitate these efforts. Bart De Wever Luc Van den hove Rudi Cartuyvels Rudi De Winter Andre Oosterlinck Anneleen Van Bossuyt Jan Jambon

𝗦𝗞 𝗵𝘆𝗻𝗶𝘅 𝘁𝗼 𝗦𝗲𝗹𝗹 𝟱𝟬% 𝗦𝘁𝗮𝗸𝗲 𝗶𝗻 𝗙𝗼𝘂𝗻𝗱𝗿𝘆 𝗨𝗻𝗶𝘁 💼💰 South Korean chipmaker SK hynix Inc. has agreed to divest almost 50% of its Chinese foundry unit to a Chinese state-owned enterprise. 𝗦𝘁𝗿𝗲𝗻𝗴𝘁𝗵𝗲𝗻𝗶𝗻𝗴 𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗲 📈💡 SK Hynix IC plans to sell a 21.3% stake in its foundry unit in Wuxi to Wuxi Industry Development Group Corporation for £120.8 million. SK hynix system ic will also sell intangible assets to its Wuxi unit for £72.5 million, aiming to enhance the company’s business structure and pursue long-term growth opportunities. 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗰 𝗣𝗮𝗿𝘁𝗻𝗲𝗿𝘀𝗵𝗶𝗽 🤝🌏 Through a new share issuance, Wuxi Industry Development Group Company will also acquire a further 28.6% stake, pursuant to an agreement established in July 2018 between the two entities. Read more at https://lnkd.in/gWTBiP-v #semiconductor #chipmaker #investment #businessgrowth #innovation #technews

🗞 Electronic News! 🗞 BelGaN, the GaN spinout from onsemi in Belgium, has filed for bankruptcy, marking a significant turn of events for the company that was established with high hopes for success. BelGaN, located in Oudenaarde, was spun out of onsemi in 2022 as a GaN foundry after the parent company failed to secure a buyer for the CMOS power fab. The company made headlines when it introduced its first 650V enhanced eGaN technology in June 2023, positioning itself as an automotive power chip foundry with ambitious plans to produce depletion mode GaN devices. #electricalengineering #electronics #embedded #embeddedsystems #electrical #computerchips Follow us on LinkedIn to get daily news: HardwareBee - Electronic News and Vendor Directory

𝐒𝐊 𝐇𝐲𝐧𝐢𝐱 𝐭𝐨 𝐑𝐞𝐜𝐞𝐢𝐯𝐞 𝐔𝐩 𝐭𝐨 $𝟒𝟓𝟎𝐌 𝐟𝐫𝐨𝐦 𝐭𝐡𝐞 𝐔𝐒 𝐟𝐨𝐫 𝐈𝐧𝐝𝐢𝐚𝐧𝐚 𝐂𝐡𝐢𝐩 𝐌𝐚𝐧𝐮𝐟𝐚𝐜𝐭𝐮𝐫𝐢𝐧𝐠 𝐅𝐚𝐜𝐢𝐥𝐢𝐭𝐲 𝐌𝐚𝐣𝐨𝐫 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐁𝐨𝐨𝐬𝐭𝐬 𝐔𝐒 𝐒𝐞𝐦𝐢𝐜𝐨𝐧𝐝𝐮𝐜𝐭𝐨𝐫 𝐒𝐮𝐩𝐩𝐥𝐲 𝐂𝐡𝐚𝐢𝐧 SK Hynix, the world’s second-largest chipmaker, has secured grants totaling up to $450 million from the US government to establish a cutting-edge chip manufacturing plant in Indiana. This provisional agreement, struck between the US Department of Commerce and the South Korean tech giant, also includes significant federal incentives aimed at building both a research and development center and an advanced chip fabrication facility in the United States. 𝐑𝐞𝐚𝐝 𝐌𝐨𝐫𝐞: https://lnkd.in/gSd-7Ehv #SKHybrid #ReceiveUpTo450M #USIndieChipManufacturing #TechNews #InnovativeTech #USInvestment #SKManufacturingHub #ChipTechnology #FutureOfTech #SKInitiative #USChipSector #ManufacturingDevelopment #InvestInTech #GlobalTechMarket #AdvancedManufacturing #TechInvestment #USInnovation #SKOpportunity #HybridManufacturing #SKUSCollaboration #Investment #PlantSetup #NewsandUpdates #USA

Vanguard International Semiconductor Company (VIS) and NXP Semiconductors have announced the formation of a joint venture, VSMC, aimed at advancing #semiconductor_manufacturing and #innovation. This strategic partnership leverages VIS's expertise in wafer manufacturing and NXP's leadership in #automotive_and_industrial #semiconductors to accelerate the #development of #next_generation technologies. The joint venture will focus on enhancing production capabilities and meeting the growing global demand for advanced semiconductor solutions. #electronicsnews #technologynews

ATech on investors’ radar as it continues its ascend Aurelius Technologies Bhd has been trending up in the past 5 days, gaining some 12% to close at RM3.04. It has already breached the RM2.80 resistance level and looks good to go beyond the current share price. Investors should be encouraged by the share performance over the past year, gaining some 30%. The counter was at its 52-week low of RM2.10 last June. The heightened interest in Aurelius could stem from the anticipation upcycle in the semicon industry. The electronic manufacturing services provider has shown resilience and adaptability within its domain. It is investing in areas which will enhance its IoT and automotive manufacturing capabilities especially in making EV components. The company plans to undertake a two-phase expansion project on industrial land acquired in Kulim Hi-Tech Park. This will double its built-up area from the current 260,000 sq ft to 520,000 sq ft. The company will likely see a huge leap in its automotive parts manufacturing, facilitate outsourced semiconductor assembly and testing (OSAT) business. In addition, this could pave the way for Aurelius to go into advanced electronics manufacturing. However, semicon related companies supplying non-China handsets and traditional servers continued to see subdued demand. Meanwhile automotive also turned weaker due to EV demand pullback. If you look at the increasing average inventory days in the December 2023 quarter for some of the semicon-related companies, this may also signal a prolonged supply glut and soft demand across major end-industries. Investors could shy away from this sector due to elevated valuations for the industry despite recent weak earnings delivery. That said, Investors can look forward to better earnings from Aurelius although it will continue to face tough challenges ahead.

#Polymatech Electronics had a remarkable FY24, with revenue surging to ₹1,200 crore, up from ₹650 crore in FY23 ¹. This significant growth is a testament to the company's expansion strategies and partnerships. Key Highlights of FY24: - _Revenue Growth_: ₹1,200 crore, a substantial increase from ₹650 crore in FY23 ¹ - _Expansion Plans_: Aims to scale up chip production capacity to 20 billion units over six years ¹ - _Investment_: Plans to invest $5 billion in various initiatives, including expanding chip packaging capacity and setting up wafer fabrication and packaging plants ¹ - _IPO_: Preparing for a ₹1,500 crore initial public offering (IPO) by the end of the year ¹ - _Partnerships_: Collaborated with Japanese firm Orbray for sapphire ingot growing technology and wafer fabrication machinery ¹ These developments demonstrate Polymatech Electronics' commitment to becoming a leading player in the semiconductor industry. With a strong focus on technological innovation, strategic partnerships, and government collaborations, the company is poised for significant growth and global recognition ¹. #IPO #IPOs #IPOAlert #semiconductor #industry #Polymatech #Electronics

Japan's move to provide substantial subsidies to the semiconductor joint venture Rapidus reflects the country's strategic intent to regain its dominance in the global chip manufacturing domain. With competition intensifying from the United States and Europe, Japan's significant investment emphasizes its commitment to technological advancement and industrial competitiveness. By supporting projects like Rapidus, aimed at producing cutting-edge semiconductor chips, Japan aims to revitalize its semiconductor industry and boost its market share, which has dwindled over the years. With public funds already allocated and further commitments in the pipeline, Japan is positioning itself as a key player in semiconductor manufacturing, forging partnerships with industry giants like TSMC. This concerted effort signals Japan's determination to reclaim its position as a powerhouse in the global semiconductor market. https://lnkd.in/ghkzmsbH #JapanSemiconductorRevival #RapidusInitiative #SemiconductorStrategy #TechInvestmentJapan #GlobalChipDominance #JapanTechRevolution #SemiconductorSubsidies #RapidusPartnership #SemiconductorIndustryJapan #TechCompetitivenessJP

👉🏻Polymatech Electronics had a remarkable FY24, with revenue surging to ₹1,200 crore, up from ₹650 crore in FY23 . This significant growth is a testament to the company's expansion strategies and partnerships. *Key Highlights of FY24:* - _Revenue Growth_: ₹1,200 crore, a substantial increase from ₹650 crore in FY23 - _Expansion Plans_: Aims to scale up chip production capacity to 20 billion units over six years - _Investment_: Plans to invest $5 billion in various initiatives, including expanding chip packaging capacity and setting up wafer fabrication and packaging plants - _IPO_: Preparing for a ₹1,500 crore initial public offering (IPO) by the end of the year - _Partnerships_: Collaborated with Japanese firm Orbray for sapphire ingot growing technology and wafer fabrication machinery These developments demonstrate Polymatech Electronics' commitment to becoming a leading player in the semiconductor industry. With a strong focus on technological innovation, strategic partnerships, and government collaborations, the company is poised for significant growth and global recognition. #IPO #IPOs #IPOAlert #semiconductor #industry #Polymatech #Electronics #Bangalore #Chennai

We are today posting a Circular with the details of a proposed return of value to shareholders of up to £33m. This will be made up of a Tender Offer to return up to £30.0 million and an on-market share buyback of up to £3.0 million. The Tender Offer is conditional on shareholder approval, which we’ll seek at a general meeting of the Company to be held at the offices of Reed Smith LLP at 10am on 28 March 2024. Read our announcement here: https://lnkd.in/erh5fif9 Christopher Richards, Non-Executive Chairman of Nanoco, said: “Over the last five years, Nanoco has been transformed from an R&D first mover facing going concern challenges to a commercial manufacturer of nanomaterials, with a growing range of leading nanomaterials and a validated IP portfolio supported by the strongest commercial and financial position in its history. “Today Nanoco is announcing an exceptional and significant return of capital to shareholders, while retaining and investing funds to support delivery of further value from commercial prospects and enhance our future growth and margin profile. With growing opportunities and a fully funded commercial business, we are confident in enhancing shareholder value over the medium and long term.” #Nanoco #SensingTechnology #TechInnovation #UKTech #tenderoffer #shareholdervalue