Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc., under a proposal that would put it into bankruptcy just long enough to...
Powin, once a major player in the global energy storage market and a fierce competitor to Tesla and Fluence, has recently filed for bankruptcy under Chapter 11 of the US Bankruptcy...
According to the Economic Times, citing an official statement, Japanese chipmaker Renesas has clarified that ongoing issues with Wolfspeed will have no impact on its OSAT...
A potential bankruptcy filing by US-based silicon carbide (SiC) wafer maker Wolfspeed is stirring concern across the global semiconductor supply chain and could derail key plans by...
Wolfspeed, the US leader in silicon carbide (SiC) materials and a key player in the power semiconductor supply chain, has denied recent bankruptcy rumors. However, delays in receiving...
Japanese chipmaker Renesas Electronics has scrapped its plan to mass-produce silicon carbide (SiC) power semiconductors, originally set to begin in early 2025 at its Takasaki plant...
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
German automakers Volkswagen, BMW, and Mercedes-Benz have monopolized the global automotive market for decades; however, in recent years, they have struggled with the shift toward...
Following Northvolt's bankruptcy filing, Volvo is exploring new battery partnerships in South Korea to advance the construction of the NOVO Energy battery plant.
Royole Technologies, once a leading innovator in flexible OLED panels, has seen its assets go unsold in multiple auctions following its bankruptcy filing in a Shenzhen court in November...
A prominent Chinese silicon carbide (SiC) manufacturer has filed for bankruptcy amid intense market competition, yet numerous competitors continue expanding production capacity despite...
China-based Yangtze Memory Technologies Corp (YMTC) has dismissed speculation of a "backdoor listing," issuing a rare public statement on December 9, 2024, to refute rumors connecting...
In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred...
