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MILPITAS, CA – SEMI today announced support for a Congressional bill that would create a 25% federal tax credit for investments in semiconductor manufacturing facilities and equipment, as well as facilities and equipment to produce semiconductor manufacturing tools. The Facilitating American-Built Semiconductors (FABS) Act alternately allows companies to receive the tax credit as a direct payment.

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ST. PETERSBURG, FL – Jabil reported fiscal third quarter net revenue of $7.2 billion, an increase of 13.9% year-over-year.

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SCOTTSDALE, AZ – IC Insights raised its 2021 worldwide IC market forecast to growth of 24%. The global IC market is expected to exceed $500 billion for the first time.

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ARLINGTON, VA – The JEDEC Solid State Technology Association established JEP181, a neutral file, XML-based standard for electronics cooling simulation for the microelectronics industry.

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KUALA LUMPUR – VS Industry Berhad reported fiscal third quarter revenue of RM 1.07 billion (US$260.9 million), up 112.6% year-over-year.

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STAMFORD, CT – After a steep decline in 2020, global smartphone sales to end users grew 26% in the first quarter of 2021, according to Gartner. Overall, worldwide mobile phone sales to end users grew 22% year-over-year.

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