August 22, 2023
India is actively courting U.S. semiconductor companies as it seeks to establish itself as a major player in the global semiconductor industry. This move comes at a time when the Linear Voltage Regulator Market is experiencing significant growth, driven by the expanding IoT and electronics sectors. Key players in this market, such as TI, Infineon Technologies AG, NXP Semiconductors, and STMicroelectronics, are capitalizing on the increasing demand for low-dropout (LDO) linear voltage regulators. Source
In related developments, Turku-based startup Comptek Solutions has successfully closed its Series A funding round, securing an eight-million-euro equity investment. This investment, backed by key strategic partners in the consumer electronics industry, the Horizon Europe EIC Fund, and leading Italian venture capital firm LIFTT S.p.A., underscores confidence in Comptek’s vision and growth potential. The company specializes in passivation technology for the semiconductor industry, enhancing device efficiency and reliability. With a focus on optoelectronics and power electronics, Comptek's innovative Kontrox technology promises to revolutionize the semiconductor market by offering more reliable, power-efficient, and cost-effective devices. The compound semiconductor market, poised for a CAGR of 11.6% by 2031, is set to benefit immensely from Comptek's breakthroughs. Source