On June 11, global automotive parts giant Marelli Group announced in an announcement that it had initiated U.S. Chapter 11 proceedings to strengthen financial position and facilitate a value-maximizing restructuring. According to the announcement, Marelli had reached a Restructuring Support Agree...

While TSMC plans to exit the gallium nitride (GaN) wafer foundry business by 2027, industry heavyweight Infineon is ramping up its efforts—signaling a notable shift within the GaN sector. What factors might be driving these diverging strategies? According to a report from STAR Market Daily, Board ...

On July 10, TSMC announced its net revenue for June 2025. On a consolidated basis, revenue for the month was approximately NT$263.71 billion, representing a 17.7% decrease from May 2025 and a 26.9% increase compared to June 2024. According to investors cited by Commercial Times, the month-over-month...

While rolling out a fresh wave of layoffs—reportedly cutting over 500 Oregon jobs by July 15 as part of broader plans to cut 15–20% of manufacturing roles—Intel CEO Lip-Bu Tan bluntly told employees he no longer sees Intel as a leading chipmaker, not even in the top 10, according to Oregon Liv...

According to Chinese media outlet ITHome, Chinese EDA firm Empyrean Technology has announced it will no longer proceed with its planned acquisition of Xpeedic, citing a failure to reach agreement on key terms. The report notes that on July 9, the company issued a statement confirming the termination...