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Friday, March 24, 2017
Industry News
Micron bid $88.81 million for bankcrupted equipment company Cando 3/16/2017
The bid compared with a floor price for the assets of NT$2.748 billion, a statement by the Taichung District Court said. Micron was the only bidder.
Is VW touting a merger with Chrysler Fiat? 3/16/2017
Volkswagen would not rule out discussing a merger with Fiat Chrysler after the rival automaker's CEO floated the possibility a week earlier.
U.S. consumer prices rose at slow pace 3/16/2017
Consumer prices rose 0.1 percent in February, a sharp deceleration from the 0.6 percent jump in January, the Labor Department said Wednesday.
Globalization alters manufacturing 3/16/2017
All global manufacturers, their supply chains and even end-users are impacted by free trade agreements, environmental issues and the demands of responsible sourcing.
China foundry SMIC to enter 7nm race 3/15/2017
China-based pure-play foundry Semiconductor Manufacturing International (SMIC) is looking to start R&D for 7nm process technology later in 2017. SMIC spent nearly US$2.7 billion in 2016 capex which was relatively high compared to previous years levels
SK hynix's quarterly profit to double 3/15/2017
The price hikes of both its DRAM and NAND chips are sharper than expected and despite being the off-season, the revenue and operating profit will increase from the same period last year.
Samsung to spend $6.98 billion on expanding small geometry productions 3/15/2017
Samsung Electronics has decided to extend 10-nano system semiconductor production lines in empty space of 17 Line, which is located in Hwasung-si, and ordered equipment from major domestic and foreign partners. Investments will take place starting from next month and equipment will be brought in during first half of this year. Starting from second quarter, it will produce 10-nano chips, which are already being produced from S1 Line in Giheung from 17 Line.
New Apple iPad Pro might be launched next week 3/15/2017
MacRumors reported on Monday that Apple is "most likely" to launch new products next week. While no specific products were named, it's expected that the company's iPad Pro lineup will receive a refresh soon, making them likely candidates for an update.
ZTE to pay U.S. government $892 million fine for export violations 3/14/2017
ZTE pleads guilty to charges of violating U.S. export controls on products shipped to Iran.
Brazil government signed MOU to form JV manufacturing with global high tech companies 3/14/2017
A joint venture led by Qualcomm and the Brazilian government will see the launch of a semiconductors factory producing high-complexity equipment. The consortium is predicted to make a total investment of $200m in the initiative.
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