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Industry News

Amkor Secures $400M in CHIPS Funding for New Arizona Facility

The Commerce Department has awarded Amkor Technology Inc. up to $400 million in funding and $200 million in loans under the CHIPS and Science Act. This investment will support the establishment of Amkor's first U.S.-based semiconductor assembly and test facility in Peoria, Arizona. The $2 billion facility will package and test chips from Taiwan Semiconductor Manufacturing Co., with Apple as its largest customer. Amkor plans to employ 2,000 people and partner with local universities, further solidifying Arizona's status as a semiconductor manufacturing hub. Read more

Intel Recruits Micron Executive to Lead Foundry Business

Intel has appointed Naga Chandrasekaran, former executive at Micron, as its new Chief Operating Officer to spearhead its foundry business after incurring significant losses. Chandrasekaran will oversee all global manufacturing operations, strategic planning, and report directly to CEO Pat Gelsinger. This move aims to rejuvenate Intel's foundry sector and narrow the competitive gap with TSMC. Read more

Lumotive is Hiring

IESA and SSIA Partner to Enhance Semiconductor Ecosystem

The India Electronics and Semiconductor Association (IESA) and Singapore Semiconductor Industries Association (SSIA) have formed a strategic partnership to bolster the semiconductor industries in both countries. This collaboration will focus on skill development, job creation, manufacturing, research, and supply chain management. The partnership was announced at the Semiconductor Business Connect 2024 conference, and a business delegation from Singapore will visit India in August to explore further opportunities. Read more

Geopolitical Tensions Impacting Global Semiconductor Supply Chain

A recent article from The Economist highlights concerns within the semiconductor industry regarding geopolitical tensions, particularly between the U.S. and China. Executives express worries that sanctions, subsidies, and tariffs could disrupt the intricate global supply chain that includes major players like TSMC, SK Hynix, and others. Despite these challenges, the industry continues to strive for resilience and innovation. Read more

Purdue University Leads in Semiconductor Education

Purdue University is at the forefront of semiconductor education with its online Master’s in Microelectronics and Semiconductors. This program addresses the industry's growing demand for skilled engineers. Purdue's innovative approach includes offering one-credit courses to build broad knowledge and leveraging extensive resources like nanoHUB.org. The university's commitment to semiconductor education is reflected in its high rankings and strategic initiatives. Read more

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