- Gallium Nitride Gains Ground: Advancements and Applications Set to Transform the Power Electronics Market by 2035
In the rapidly evolving field of power electronics, wide bandgap (WBG) semiconductors such as silicon carbide (SiC) and gallium nitride (GaN) are gaining prominence. These materials, known for their superior energy efficiency, are projected to capture a significant market share in the power semiconductor sector, potentially reaching 45% by 2035. The interest in WBG semiconductors […]
- Intel Secures Record $20 Billion from U.S. CHIPS Act to Spearhead National Semiconductor Revival
In March 2024, Intel was awarded substantial financial support from the U.S. government under the "CHIPS and Science Act", receiving a combination of subsidies and loans amounting to nearly $20 billion. This support represents the largest allocation to a single semiconductor manufacturer since the enactment of the CHIPS Act, signaling a significant commitment by the […]
- Yongxing Materials Fundraise to Boost Lithium Carbonate Production Capacity
Yongxing Materials has announced plans to raise up to 1.1 billion yuan (around $154.9) to expand its production capabilities in the lithium battery materials sector. The funds will be directed towards a new project for producing 20,000 tons annually of battery-grade lithium carbonate and enhancing the mineral processing capacity for lithium ore to 1.8 million […]
- TSMC Tops Q1 Forecasts, Projects Steady Sales Amid High Demand for Advanced Chip Processes
TSMC, the industry leader in semiconductor foundry services, reported its first-quarter financial results for 2024, with sales reaching $18.87 billion—marginally surpassing the top end of its guidance range of $18.0 to $18.8 billion. This performance indicates robust demand, particularly for high-end manufacturing processes, despite some market observers suggesting potential for even greater results. For Q2 […]
- China’s Shenzhou-18 Mission Advances Tiangong Space Station Ambitions Amid Global Space Race
On April 25th, the Shenzhou-18 spacecraft, carrying a trio of taikonauts, embarked on a mission to the Tiangong space station after launching from the Jiuquan Spaceport on the edge of China's Gobi Desert. Commanded by the veteran space traveler Ye Guangfu, and accompanied by first-time flyers Li Cong and Li Guangsu, the crew successfully docked […]
- Intel Navigates Mixed Q1 Results; Secures Key Aerospace Contract Amid Foundry Challenges
Intel has reported a mixed financial performance in the first quarter, announcing a net profit per share of $0.18 and total sales of $12.78 billion, despite challenges in its foundry division. The technology giant disclosed these figures on the 25th, noting significant growth in its Client Computing Group (CCG) and Data Center and AI Group […]