On November 13, at Semicon Europe 2024 in Munich, Germany, China's silicon carbide (SiC) substrate manufacturer, SICC, announced the launch of the industry's first 300mm (12-inch) silicon carbide substrate. This marks a significant step into the era of ultra-large silicon carbide substrates. SICC...

According to a report by the South China Morning Post, Beijing plans to invest 33 billion yuan (US$4.6 billion) in building a 12-inch wafer fabrication facility. The initiative, spearheaded by state-owned enterprises and funds, represents a significant step in China’s efforts to strengthen its dom...

Following the massive layoff in Oregon, U.S., which impacted around 1,300 employees, Intel has also started layoffs in Israel. According to a report by local media outlet Globes, over 1,000 Israeli employees have left Intel, the country’s largest private employer. Layoffs to Bring Intel Israel�...

China’s AI unicorn Moore Threads has submitted a filing for an initial public offering (IPO) in the domestic market amid U.S. sanctions this week, making it the third Chinese chip company this year to initiate the IPO process, according to the reports by China’s local media mydrivers and Shangha...

Following the unexpected cut for its 2025 sales forecast and the conservative outlook on China’s demand, ASML reassures the market today by saying it still aims for an annual revenue increase of 8% to 14% by 2030, driven by strong demand for its advanced tools, according to Reuters and Bloomberg. ...