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Friday 20 December 2024
Kioxia IPO stirs tension in South Korean memory market
The world's third-largest NAND flash manufacturer, Kioxia, has officially gone public in Japan, securing funding for investments in artificial intelligence (AI) semiconductor technologies...
Friday 20 December 2024
SK Hynix lands US$458 million CHIPS Act grant
The US Department of Commerce has awarded SK Hynix a grant of up to US$458 million under the CHIPS and Science Act (CHIPS Act), supporting the company's efforts to strengthen the...
Wednesday 18 December 2024
Zhipu AI secures US$412 million with backing from Alibaba, Tencent
Zhipu AI, a Chinese artificial intelligence unicorn specializing in large language models (LLMs), has secured CNY3 billion (US$412 million) in its latest funding round—its second...
Wednesday 18 December 2024
GlobalWafers receives US$406 million Chips Act funding for Texas and Missouri plants
GlobalWafers has disclosed that its two US subsidiaries will receive up to US$406 million in direct funding from the US Department of Commerce under the Chips Act.
Tuesday 17 December 2024
Taiwan display panel makers seek government support amid AI, semiconductor funding shift
Taiwan's LCD panel industry, despite making significant technological advances amid intense Chinese competition, continues to face financial challenges. Innolux president James Yang,...
Monday 16 December 2024
Rapidus faces three major challenges in 2nm chip production
According to Nikkei, Rapidus chairman Tetsuro Higashi stressed in an interview that achieving the goal of producing 2nm chips involves overcoming three significant challenges-...
Friday 13 December 2024
What is the future of OpenAI following emergence of Trump 2.0?
The ongoing legal battle between Tesla CEO Elon Musk and OpenAI CEO Sam Altman has revealed previously unknown details of their entrepreneurial journey. Following the US presidential...
Thursday 12 December 2024
Rapidus to begin 2nm chip production in April 2025
At SEMICON Japan 2024 in Tokyo, Rapidus Chairman Tetsuro Higashi revealed that the installation of all equipment for trial production of 2nm chips will be finalized by March 2025,...
Wednesday 11 December 2024
Micron secures US$6.165 billion in CHIPS Act funding for US expansion
The US Department of Commerce has awarded Micron Technology US$6.165 billion to expand memory chip production in New York and Idaho, creating 20,000 jobs. The chipmaker also secured...
Friday 6 December 2024
US awards chip incentives to Absolics, Entegris for advanced chip technology and onshore materials development
On December 5, the US Department of Commerce finalized grants under the CHIPS Incentives Program's Funding Opportunity for Commercial Fabrication Facilities, directing significant...
Thursday 5 December 2024
Unisoc secures US$448 million funding to boost 5G chip development
Tsinghua Unigroup's chip subsidiary Unisoc announced plans to secure an additional CNY2 billion (US$448 million) in equity financing, following its earlier CNY4 billion (US$896 million)...
Tuesday 3 December 2024
Airoha secures R&D funding, challenges Qualcomm with Bluetooth audio chips
According to Taiwan's Ministry of Economic Affairs, MediaTek subsidiary Airoha has secured NT$140 million (US$4.3 million) in R&D subsidies through the ministry's A+ Industrial...
Tuesday 3 December 2024
Denso, Fuji Electric secure METI subsidy for SiC chip mass production
Japan's Ministry of Economy, Trade, and Industry (METI) has announced a subsidy program totaling up to JPY70.5 billion (US$470.34 million) for the SiC power semiconductor production...
Monday 2 December 2024
Kioxia's IPO set to reshape memory industry
Japanese NAND manufacturer Kioxia has secured approval for its initial public offering (IPO) on the Tokyo Stock Exchange, scheduled for December 18. South Korean SK Hynix may acquire...
Friday 29 November 2024
Japan doubles down on semiconductor subsidies, Rapidus poised for more support
The Japanese government is preparing a budget amendment for fiscal year 2024 (April 2024 – March 2025) to allocate additional support for the semiconductor and AI sectors, with...