All Business News

Analog sells mobile product lines

Fabless semiconductor company MediaTek has signed a definitive agreement to acquire Analog Devices’ Othello radio and SoftFone baseband chipset product lines, as well as certain mobile handset baseband support operations. The deal is valued at approximately $350million in cash.

Fab 4 set to help meet NAND demand

Toshiba and SanDisk have opened Fab 4 – the latest 300mm facility at Toshiba’s Yokkaichi site – with a traditional ceremony. Fab 4 is expected to start production in December, reaching a capacity of 80,000 wafers a month later next year.

XMOS raises $16million

Software Defined Silicon pioneer XMOS Semiconductor has raised $16million in a venture capital funding round involving Foundation Capital, Amadeus Capital Partners and DFJ Esprit.

Altis deal may face problems

The proposed sale of logic and memory group Altis Semiconductor could face a rocky passage through US regulators following claims that the company’s putative owner is ultimately a Russian defence group.

MIPS buys analogue IP specialist

MIPS Technologies is to acquire Chipidea Microelectrónica, a leading independent supplier of analogue and mixed signal IP for wireless, digital consumer and connectivity applications. The deal values the Portuguese company at $147million.

Largest lcd plant planned

Sharp will begin building the world’s most modern lcd plant in Sakai near Osaka at the end of this year. In addition to being the largest plant for thin film solar cells, the industrial park – which will cover an area of more than 1million sq m – will also accommodate suppliers.

Semiconductor sales up – and down

Although worldwide sales of semiconductors grew to $121billion in the first half of 2007 – an increase of 2% over the first half of 2006 – second quarter 2007 sales dropped by 2% from the $61.1bn reported in the first quarter. Meanwhile, June 2007 sales were 1.7% smaller than in May.

Infineon to sell stake in Qimonda

Infineon is looking to reduce its stake in memory manufacturer Qimonda to ‘significantly less than 50%’ before its 2009 Annual Shareholder Meeting, likely to be held in February that year. Infineon currently holds more than 85% of Qimonda.

Electronic equipment sales slow

Demand for electronic equipment is set to slow this year, says iSuppli, following three years of strong growth. However, the market information specialist still believes the market will grow by 6%, although sales of consumer and industrial equipment cool somewhat.

CSR grows first half revenues by 19%

CSR’s first half revenues for 2007 reached $376million, an increase of 19% over the same period last year. Meanwhile, the company now employs more than 1000 people. Chief executive John Scarisbrick, pictured, said the company continued to consolidate its position as the ‘clear Bluetooth market leader’.

SP buys Infineon's Linköping facility

Swedish signal processing developer SP Devices has signed a deal under which it will take over Infineon’s facilities and equipment in Linköping. At the same time, the companies have signed a two year agreement under which SP will provide development and product support to Infineon. According to SP, the agreement will secure Infineon’s present and future cordless and IP projects.

Promoting partnerships

Electronics Yorkshire has announced a new partnership with the Technology Strategy Board’s Electronics Knowledge Transfer Network (EKTN).

Reading the runes

Attempting to characterise the current state of US electronics and its influence on the global industry can produce an apparent oxymoron: ‘bullish uncertainty’.

Synopsys buys MOSAID IP in $15m deal

Synopsys is acquiring the semiconductor IP assets of MOSAID Technologies for $15million. The deal primarily covers DDR memory controller and PHY IP, which will be integrated into Synopsys’ DesignWare portfolio.

Axiom invests another £1million

South Wales based contract electronics manufacturer Axiom Manufacturing Services has invested another £1million in production and test technology in a move to support its offering a total solution to aerospace and defence companies.

High power deal for Cirrus

In a move which gives it an entrée into high power industrial markets, Cirrus Logic has bought high power analogue amplifier specialist Apex Microtechnology for $42million.

Molex moves to industry focus

Molex has completed a global reorganisation that moved the company from a regional focus to an industry focus. Global sales and marketing president Graham Brock said the restructure was in response to market changes. “Customers are moving more quickly, making decisions faster and it was becoming increasingly difficult to service them when they had operations in more than one region.”

ST closes three sites

Having spun out its flash memory interests into a joint venture with Intel, STMicroelectronics has decided to close two fabs in the US and a back end site in Morocco. The move is said to ‘optimise asset utilisation and enhance performance’.

Queens’ Awards entries go online

Applications are now being invited for the annual Queens’ Awards for Enterprise from UK based businesses excelling in International Trade, Innovation or Sustainable Development. The deadline for entries is midnight on 31 October 2007. And this year, for the first time, applications can be made online.

Avnet Time acquires Flint

Avnet Time has acquired Flint Distribution, the Leicestershire based interconnect, passive and electromechanical (IP&E) product distribution specialist. Flint will be integrated into the Avnet Time organisation and the newly formed business will have annual revenues of €31million.

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