CONNECT WITH US
NEWS TAGGED FUNDING
Monday 30 December 2024
CanSemi begins production, boosts analog IC output by 40,000 wafers monthly
Guangzhou-based CanSemi Technology has launched production for its third-phase project, representing a CNY16.25 billion (approx. US$2.23 billion) investment. The new facility adds...
Monday 30 December 2024
India roundup: SEMI plans Indian Semiconductor Academy to power country's chip dreams
India's semiconductor ambitions are gaining momentum with initiatives like SEMI's planned Semiconductor Academy and Mindgrove Technologies' US$8M RISC-V funding. Marvell and Synaptics...
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...
Thursday 26 December 2024
Japan injects US$638 million into Rapidus chip mass production
Japan's Ministry of Economy, Trade, and Industry (METI) has allocated JPY100 billion (US$638 million) in its fiscal 2025 budget proposal (April 2025 to March 2026) to support domestic...
Wednesday 25 December 2024
China's EV price war: 2 years of financial turmoil and supply chain chaos
China's electric vehicle (EV) industry has endured a two-year price war, leading to significant profit compression across the supply chain. Automakers have slashed costs to defend...
Wednesday 25 December 2024
India RISC-V startup secures US$8 million, plans mass-producing first MCU by 2025
Mindgrove Technologies, an India-based IC design house, has secured US$8 million in funding, positioning the startup to commercialize its RISC-V products amid the Indian government's...
Wednesday 25 December 2024
Is US banning Chinese SiC components to save Wolfspeed?
The US has initiated a Section 301 investigation into China's mature manufacturing processes, specifically targeting silicon carbide (SiC) semiconductor production.
Wednesday 25 December 2024
China's top IDMs face headwinds amid SiC sector uncertainty
China's leading power semiconductor IDMs are making headlines as industry pressures mount: Hangzhou Silan Microelectronics has postponed two major projects, while Beijing Century...
Monday 23 December 2024
Samsung, Texas Instruments Finalize Chips Act Awards Deals
Samsung Electronics Co. and Texas Instruments Inc. completed final agreements to get billions of dollars of government support for new semiconductor plants in
the US, cementing...
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-...