As demand for automotive and industrial semiconductors continues to weaken, European chipmakers NXP and STMicroelectronics are preparing for workforce reductions, according to reports from ijiwei and Bloomberg. As noted by the report from ijiwei, citing NL Times, Dutch semiconductor company NXP a...

The global semiconductor industry is facing numerous challenges, with several renowned fabs halting operations, delaying construction, or shutting down production lines. These developments have caused significant disruptions across the industry. Recently, the GlobalFoundries-STMicroelectronics fa...

According to data from the Semiconductor Industry Association (SIA), global semiconductor sales in Q3 2024 increased by 23.2% year-over-year and 10.7% quarter-over-quarter. This year, fields such as AI, big data, and new energy vehicles have driven rapid growth in the semiconductor industry. R...

Recent reports reveal that German automotive parts supplier ZF Friedrichshafen AG (ZF) plans to withdraw from a 3 billion USD joint project with U.S. chipmaker Wolfspeed to build the world’s largest 8-inch SiC chip manufacturing plant. Industry speculation suggests the reasons behind ZF's decision...

According to a Bloomberg report on September 12, the Chinese government is encouraging local carmakers to export knock-down kits to their overseas factories, where key car components are produced in China and then shipped to the destination markets for final assembly. This strategy aims to avoid pun...