In the first quarter of 2024, the semiconductor market experienced approximately 2% decline falling to $151.5bn according to Omdia’s new Competitive Landscaping Tool.
Semiconductors
Renesas Completes Acquisition of Transphorm
Renesas Electronics Corporation, a supplier of advanced semiconductor solutions, today announced that it has completed the acquisition of Transphorm, Inc.
Applied Materials Reports Progress on Net Zero 2040 Playbook
Applied Materials, Inc. has published its latest Sustainability Report, detailing the company’s progress over the past year in reducing its carbon emissions and collaborating with customers and partners to drive a more sustainable semiconductor industry.
Automotive Semiconductor Market Surges to $82.82B by 2031
The Global Automotive Semiconductor Market is projected to grow at a CAGR of 5.83% from 2024 to 2031, according to a new report published by Verified Market Research.
BAE Systems and GlobalFoundries Collaborate to Strengthen Supply of Essential Semiconductors for National Security Programs
Collaboration to focus on U.S. chip manufacturing and joint research and development for advanced chip technologies.
Silicon Wafers High Growth Now Uncertain
Excess inventory causing concerns and upturn in orders not yet realized.
Global Semiconductor Fab Capacity Projected to Expand 6% in 2024 and 7% in 2025
To keep pace with unremitting growth in demand for chips, the global semiconductor manufacturing industry is expected to increase capacity by 6% in 2024 and post a 7% gain in 2025, reaching a record capacity high of 33.7 million wafers per month (wpm: 8-inch equivalent).
onsemi Selects the Czech Republic to Establish End-to-End Silicon Carbide Production for Advanced Power Semiconductors
Brownfield investment would bring critical manufacturing capabilities of energy efficient chips to Central Europe to power the future of electrification, renewables and AI.
Semiconductor Revenues on the Rise
TECHCET is forecasting total semiconductor revenues in 2024 to increase by nearly 12%, hitting $610B.
Is the US Falling Behind in the Semiconductor Race? A $692.7 Billion Question
Averroes.ai conducted a study on the semiconductor industry’s funding, focusing on both government and private sector investments over the last five years. The objective of the study was to identify which countries have invested the most in this sector.
