After a challenging 2023, where the semiconductor industry witnessed a 9.4% decline in sales, dropping to $520 billion, 2024 is poised for a significant rebound. This is due to the expected surge in global sales to $588 billion as forecast by WSTS – a 13% increase from 2023, surpassing 2022’s record revenues of $574 billion.
Semiconductor Tech Received Most Granted Patents in 2023
An annual analysis of publicly available patent data from IP management firm Anaqua found that semiconductor technologies received the most granted patents in the US in 2023, the second year in a row that semiconductors have topped the list.
Sarcina Joins Intel Foundry Services Accelerator Design Services Alliance
Sacrina brings application specific advanced packaging services to IFS customers.
Aerotech Launches Single- and Multi-axis Servo Drives
Single- and multi-axis panel-mounted servo motor drives include a full motion controller and I/O expansion options. Future options will include a four-axis version, I/O expansion and DC motor supply.
Progress Towards MicroLED Bandwidth and Efficiency Improvement
InGaN/GaN microLEDs are a strong candidate to enable high data-rate light communication because of their robustness, availability at large scale and ability to reach GHz scale bandwidth.
Navitas and SHINRY Accelerate New-Energy Vehicles
The companies have opened an advanced, joint R&D power laboratory to accelerate the development of New-Energy Vehicle (NEV) power systems enabled by Navitas’ GaNFast™ technology.
Wi-Fi Chipset Market: $34.5B by 2033
According to a report by Fundamental Business Insights, the wi-fi chipset market size is expected to surpass $21 billion in 2023 and reach $34.5 billion by 2033, with a CAGR of more than 4.4% over the forecast period.
Saras Micro Devices Opens New HQ in AZ
The company seeks to support and leverage growing semiconductor and advanced packaging ecosystem in the region
SEMI Applauds Announcement of European Economic Security Strategy
SEMI said the move as a positive and fundamental step forward in assuring Europe’s economic security. The strategy was initially announced in June 2023 in response to the pandemic and the rise in geopolitical tensions.
DoD Awards $49M for Advanced Semiconductor Packaging
The Department of Defense announced the award of two contracts totaling $49 million to revitalize advanced packaging capabilities and capacity for semiconductors used in defense applications.
