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Semiconductor sales jump in second quarter

According to new figures from the Semiconductor Industry Association (SIA) sales of semiconductors in the second quarter were up 6% q-o-q and 20.5% y-o-y at $117.9billion. June sales were ahead 1.5% on the month and 20.5% from June 2017 to $39.3 billion.

PowerSphyr and GaN Systems sign strategic agreement

PowerSphyr, a specialist in wireless charging, and GaN Systems, a developer of GaN (gallium nitride) power semiconductors, have announced a strategic agreement to bring state-of-the-art GaN-based wireless power systems to market for high powered applications across consumer, industrial, and automotive sectors worldwide.

Samsung announces technology 'push'

Samsung Group has announced that it will invest 25 trillion won (£17 billion) over the next three years in artificial intelligence, 5G mobile technology, electronic components for autos, and in its biopharmaceutical business, Samsung Electronics.

MoU on IoT signed by Infineon Technologies and Alibaba Cloud

Infineon Technologies and Alibaba Cloud Computing Company have signed a memorandum of understanding (MoU) for the joint promotion of Internet of Things (IoT) applications within the fields of smart life and smart industry. As a result, the duo will facilitate the digital upgrade of Chinese enterprises and cities.

Blockchain business value could reach $2trillion by 2030

Blockchain business value, which refers to the cost savings and efficiencies that could be realised by incorporating blockchain into corporate business strategies, is expected to increase from $2.5billion in 2017 to $2.0trillion in 2030, according to market research specialists, IHS Markit.

Another CEO resigns over misconduct

Texas Instruments (TI) has announced the resignation of Brian Crutcher as president, CEO and a member of the board of directors. The news comes just two months after he took up the positions.

Qualcomm scraps NXP deal

Qualcomm is scrapping its $44 billion bid for rival chipmaker NXP Semiconductors NV after, as expected, China failed to grant regulatory approval for the industry’s largest-ever deal.

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