Business

SPARK Microsystems Expands European Distribution Network with Alcom Electronics
SPARK Microsystems, a Canadian fabless semiconductor company focused on next-generation short-range wireless communications, has expanded its distribution network in Northwest Europe by adding Alcom Electronics as a new partner. The move comes as demand grows for IoT connectivity and AI-grade, ul
3 min read
Omdia, India's Smartphone Shipments Drop 13% in Q2 2026 as Prices Rise and Economic Pressures Mount
India's smartphone shipments fell 13% year-over-year to 33.9 million units in the second quarter of 2026, according to research firm Omdia, as rising memory chip costs pushed manufacturers to raise handset prices repeatedly, making phones less affordable for budget-conscious buyers. Demand was fu
5 min read
BorgWarner Wins New Transfer Case Contract in China, Expanding Its AWD Business
BorgWarner has secured a new contract to supply its torque-on-demand transfer case with mechanical lock, known as Mlock TOD, for a newly developed full-size SUV from a Chinese automaker. Production is expected to begin in the fourth quarter of 2026. A transfer case is the component in a fo
3 min read
Ambiq Expands Use of ChipAgents Agentic AI Platform for Chip Design and Verification
ChipAgents, a provider of agentic AI for semiconductor engineering, has announced that Ambiq, known for its ultra-low-power Edge AI semiconductor solutions, has expanded its deployment of the ChipAgents platform following a successful evaluation period. The expanded rollout reflects growing adopt
3 min read
Mitsubishi Electric, Sony Semiconductor Solutions to Form Joint Venture for AI Vision Sensor Solutions in Manufacturing
Mitsubishi Electric and Sony Semiconductor have entered into a definitive agreement on a strategic partnership aimed at accelerating automation and advancing manufacturing equipment and manual operations across the manufacturing industry. As part of the partnership, the two companies will e
2 min read
European Commission Approves €659 Million German State Aid for Four Semiconductor Facilities
The European Commission has approved €659 million in German State aid to support the construction of four first-of-a-kind facilities in the semiconductor value chain. The aid measures align with the objectives of the Commission's Communication 'A Chips Act for Europe' and the 2024-2029 Polit
5 min read
Diodes Incorporated Agrees to Acquire ElevATE Semiconductor for $250 Million
Diodes Incorporated has entered into a definitive agreement to acquire ElevATE Semiconductor in an all-cash transaction valued at $250 million. ElevATE Semiconductor is a fabless company headquartered in San Diego, California, focused on the development of integrated circuits for the Autom
4 min read
Toshiba Adds Four New Quad-Channel Digital Isolators to Reduce Power Consumption in Industrial Equipment
Toshiba Electronic Devices & Storage Corporation has expanded its DCL34xx0B series of quad-channel standard digital isolators for industrial equipment with four new products. All devices in the series offer low current consumptio
5 min read
ChipMOS Posts Record Monthly and Quarterly Revenue Since 2014, Driven by Strong AI Demand
ChipMOS Technologies Inc. (Taiwan Stock Exchange: 8150; Nasdaq: IMOS), a leading provider of outsourced semiconductor assembly and test (OSAT) services, has reported unaudited consolidated revenue for June 2026 and for the second qua
2 min read
TSMC Reports Surging June 2026 Revenue, Driving 12% Q2 Growth
TSMC has released its net revenue report for June 2026, showcasing massive year-over-year growth that highlights the foundry's sustained momentum and high demand in the semiconductor sector.On a consolidated basis, TSMC's revenue for June 2026 reached approximately NT$442.68 billion. This mar
2 min read
Bosch Secures $225 Million CHIPS Funding for Silicon Carbide Semiconductor Production in Roseville, California
Bosch has reached a definitive agreement with the U.S. Department of Commerce for up to $225 million in direct funding under the CHIPS Program to support its up to $2 billion investment transforming the Roseville, California site into a facility for silicon carbide (SiC) semiconductor production
5 min read
Sold Out Through 2030: Inside the $26.5 Billion Bet That the Semiconductor Memory Shortage Isn't Ending
A record listing puts a number on the AI memory story: On July 10, 2026, SK Hynix listed American depositary receipts on the Nasdaq, raising $26.5 billion the largest U.S. share sale ever completed by a foreign company, surpassing Alibaba's $25 billion debut in 2014. The 177.9 million ADRs
10 min read
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