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Monday 2 June 2025
Trump holds reins on Wolfspeed's future as foreign buyers balk at 'Made in USA' cost burden
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...
Monday 2 June 2025
Renesas scraps SiC production plan amid rising Chinese challenge
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...
Friday 23 May 2025
Wolfspeed's stumble opens the door to China's SiC ambitions

In a development that has sent shockwaves through the global semiconductor industry, US-based silicon carbide (SiC) leader Wolfspeed...

Monday 17 March 2025
Europe's EV battery dreams shattered: Northvolt's collapse amid rising Chinese competition
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...
Tuesday 25 February 2025
EV dead end: Nikola's fall highlights financial and supply woes for startups
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...
Thursday 16 January 2025
Bankruptcies increase in Germany's automotive supply chain
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...
Thursday 2 January 2025
Volvo reportedly seeks South Korean battery partners amid Northvolt crisis
Following Northvolt's bankruptcy filing, Volvo is exploring new battery partnerships in South Korea to advance the construction of the NOVO Energy battery plant.
Friday 27 December 2024
Chinese flexible OLED pioneer fails to attract bidders in bankruptcy auction
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...
Friday 27 December 2024
China SiC capacity expansions continue despite mounting supply-chain losses
A prominent Chinese silicon carbide (SiC) manufacturer has filed for bankruptcy amid intense market competition, yet numerous competitors continue expanding production capacity despite...
Tuesday 10 December 2024
YMTC denies backdoor listing rumors amid rising industry scrutiny
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...
Thursday 28 November 2024
Funding cuts, layoffs, and reorganization common in China's competitive chip industry
In 2024, major Chinese semiconductor businesses continue to announce closures or severe layoffs, according to industry sources. Xiangdixian Computing Technology, commonly referred...
Friday 22 November 2024
Japan halts funding for all-polymer battery firm APB amid company crisis
Japanese authorities have officially terminated subsidies for APB Corp, a pioneer in next-generation all-polymer battery technology, amid severe financial difficulties and leadership...
Wednesday 20 November 2024
China-based foldable pioneer Royole Technologies declares bankruptcy
Royole Technologies, a pioneer in foldable display technology and the creator of the world's first commercial foldable smartphone has declared bankruptcy. Despite its early lead and...
Wednesday 30 October 2024
Tesla of flying cars hits financial turbulence: Germany's Lilium halts production as insolvency looms
Lilium, a German electric vertical takeoff and landing aircraft (eVTOL) company often called the Tesla of flying cars, is planning to file for insolvency and will seek self-administration...
Monday 2 September 2024
Chinese GPU startup, potential Nvidia rival, denies bankruptcy despite organizational adjustment
Reports indicate that Xiangdixian, a China-based GPU design house considered a potential rival to Nvidia, has declared bankruptcy due to cash flow issues and has laid off nearly 400...