Market Insights - Q4 2023 - New Design - Flipbook - Page 14
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Kyocera
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Kyocera, in collaboration with UScellular, has launched the rugged DuraSport 5G smartphone, providing durability with a
sleek form factor. The MIL-STD-810H certified Android 13 phone is being offered free of charge to both new and existing
UScellular customers during the holiday season.
Lattice
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Lattice Semiconductor has introduced a new reference sensor-bridging design at the Lattice Developers Conference,
aiming to accelerate the development of edge AI applications using NVIDIA Jetson Orin and IGX Orin platforms.
Lattice Semiconductor has announced that its Board of Directors has authorized the company to repurchase up to an
additional $250 million of its outstanding common stock through the end of December 2024. The company executed its
thirteenth consecutive quarter of share buybacks in Q4 2023, repurchasing $50 million or approximately 900,000 shares.
The latest share repurchase program expansion reflects the financial strength of Lattice Semiconductor's business,
confidence in its long-term financial model, and a continued commitment to delivering shareholder value.
Micron
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US chipmaker Micron's semiconductor unit in Gujarat is on track for completion within 12 months after the Union Cabinet
greenlit the project in June, securing a capital investment of INR 22,516 crore with 50% fiscal support from the government.
The ATMP facility, specializing in memory and storage products, aims to create up to 5,000 direct jobs and an additional
15,000 indirect jobs, while attracting interest from over 30 ancillary industries. The project is expected to significantly
impact global semiconductor manufacturing.
Micron Technology has initiated the construction of its $2.75 billion assembly, testing, and packaging plant (ATMP) in Sanand,
Gujarat, marking the largest investment under the India Semiconductor Mission.
Molex
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Molex has expanded its manufacturing footprint by opening a new campus in Katowice, Poland, with an initial 23,000
square meters of manufacturing space that will serve as a strategic central location for delivering advanced medical devices
for Phillips - Medisize and electric vehicle solutions for Molex customers.
Murata
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HaiLa Technologies, a Canadian fabless semiconductor and software company specializing in power-efficient radio
communications solutions, has raised $10.35 million in funding from new strategic investor Murata Electronics, as well as
existing investors, including Stanford University, Mika, Ecofuel Fund, Chrysalix, and TandemLaunch. The funds will be used
for R&D development, team expansion, and to bring HaiLa’s ultra-low-power system-on-chip (SoC) solutions to market,
with the aim of providing breakthrough power-efficient communication solutions for ambient IoT and reducing wireless
sensor battery waste.
Murata
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The Dutch government has announced that it won't block the Chinese-owned Nexperia's acquisition of Dutch chip startup
Nowi after an assessment, stating that there are no legal objections to the deal.
Vishay Intertechnology has acquired the Newport Wafer Fab from Nexperia for $177 million in cash, following the UK
government's blocking of Nexperia's sale; Newport Wafer Fab is the largest semiconductor manufacturing site in the UK,
primarily supplying automotive markets.
Mitsubishi Electric has partnered with Nexperia to jointly develop silicon carbide (SiC) power semiconductors, with
MitsubishiElectric providing Nexperia with SiC MOSFET chips for use in developing SiC discrete devices, as the electric vehicle
market drives growth in SiC power semiconductors with lower energy loss and faster switching speeds than conventional
silicon power semiconductors.
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