As demand for automotive and industrial semiconductors continues to weaken, European chipmakers NXP and STMicroelectronics are preparing for workforce reductions, according to reports from ijiwei and Bloomberg. As noted by the report from ijiwei, citing NL Times, Dutch semiconductor company NXP a...

The global semiconductor industry is facing numerous challenges, with several renowned fabs halting operations, delaying construction, or shutting down production lines. These developments have caused significant disruptions across the industry. Recently, the GlobalFoundries-STMicroelectronics fa...

According to a report from ijiwei, citing Bloomberg, previously in 2022 STMicroelectronics and GlobalFoundries announced a EUR 5.7 billion investment plan to construct a wafer fabrication plant in France. However, this joint venture project has since stalled. Meanwhile, ijiwei notes that while cons...

According to a report from Anue, in recent years, geopolitical tensions have increased market uncertainty, prompting many semiconductor companies to seek more resilient supply chains. Interestingly, "Made in China" has emerged as a strategy for tapping into the Chinese market, with several European ...

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...