News
According to a report from Daily Tidings, Microchip Technology has announced plans to lay off workers at its Oregon and Colorado facilities on the 3rd, citing weak financial performance caused by declining sales. As noted by the report, Microchip Technology's Gresham facility, Fab 4, employs appr...
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From the recent performance of major analog chip manufacturers, the automotive chip market remains sluggish, with related companies still hovering in the doldrums. This is primarily due to lower-than-expected production and sales of new energy vehicles (NEVs). However, there are signs of recovery...
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Recently, the semiconductor industry has seen three acquisitions. Qualcomm announced the acquisition of Foundries.io, a leading provider of IoT and cloud development security services, with its flagship product FoundriesFactory being well-regarded in the industry. Microchip Technology acquired Ne...
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On January 8th, leading U.S. microcontroller (MCU) and analog IC manufacturer Microchip raised concerns, stating that the revenue for the last quarter would experience a more significant decline than previously estimated, falling short of overall expectations. The market perceives Microchip's fin...
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Semiconductor inventory adjustments are showing positive signs, with the MCU market, which was among the first to bear the brunt of price pressure, now leading the way as Chinese companies have recently ceased their aggressive price-cutting strategies to clear their inventory. In fact, some MCU prod...