Semiconductor Industrial Breaking News

1. According to the latest report from Counterpoint Research, the global wafer foundry market saw a revenue increase of approximately 9% quarter-over-quarter and 23% year-over-year in Q2 2024, driven largely by robust AI demand. TSMC, Samsung, and SMIC lead the market.

2. Advanced packaging equipment market expected to grow over 10% in 2024.

3. The Semiconductor Equipment Association of Japan (SEAJ) announced on August 27 that Japan’s chip manufacturing equipment sales surged 23.6% year-on-year in July, reaching USD 2.408 billion, marking the seventh consecutive month of growth. Compared to June 2024, exports in July rose by 1.2%, marking the eighth increase in the last nine months.

4. Infineon settles $837 million dispute with Qimonda.

5. Lattice releases new logic-optimized general purpose FPGAs.

6. Nexperia launches new standard and automotive grade ideal diodes.

7. Micron is set to expand its production facilities in Taiwan region by acquiring three LCD manufacturing plants from AU Optronics (AUO) in Taichung for approximately USD 253.3 million. 

8. Samsung considers Vietnam for new semiconductor assembly plant amid geopolitical concerns.

9. BelGaN, a prominent GaN (gallium nitride) semiconductor foundry based in Oudenaarde, East Flanders, Belgium, has filed for bankruptcy, putting 440 employees at risk of losing their jobs.

10. Wolfspeed shuts down 150mm SiC wafer fab, delays German facility plans.

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