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.
SK Group's silicon wafer manufacturer SK Siltron has confirmed that it will receive a loan of US$544 million from the US Department of Energy (DOE) to invest in its silicon carbide...
Japanese silicon wafer manufacturer Sumco has noted the robust demand for AI. However, demand for personal computers and smartphones has bottomed out, and the consumer, industrial,...
High client inventory levels and slower clearance rates contributed to a slowdown in GlobalWafers' silicon wafer shipments for 2024, resulting in a 38.9% drop in after-tax profit...
Following the launch of successive countervailing probes by US regulators into China's solar industry, related Chinese industry leaders appear to be looking for solutions to end fierce...
Sino-American Silicon Products Group (SAS) continues to thrive, with GlobalWafers solidifying its position among the world's top three semiconductor silicon wafer producers. Yet,...
As more major Taiwan-based pure-play foundries enter the silicon carbide (SiC) manufacturing sector, they may provide international integrated device manufacturers (IDMs) with leverage...
Worldwide silicon wafer shipments increased 7.1% quarter-on-quarter to 3.035 billion square inches in the second quarter of 2024, but saw an 8.9% decline from the 3.33 billion square...
Wafer Works, a veteran semiconductor silicon wafer foundry in China, made its debut on Shanghai's STAR Market in February 2024. Simultaneously, the company launched a major expansion...
GlobalWafers has reiterated its sales growth outlook for this year, which calls for sequential growth through the fourth quarter. The silicon wafer company anticipates significant...
Silicon wafer company GlobalWafers anticipates flat revenue growth in 2024, with the possibility of a minor uptick in the single-digit range. However, due to increased equipment depreciation...
China's semiconductor market is being hit by a host of problems, such as overcapacity, with a bumpy ride likely lying ahead throughout 2024, according to industry sources.
The National Silicon Industry Group (NSIG), China's largest domestic silicon wafer maker, and Wafer Works (Shanghai) have been expanding production in China, according to industry...
