WALTHAM, MA – Nano Dimension reported first quarter revenue of $13.4 million, down 10.8% compared to the first quarter of 2023.
MUNICH – ASMPT has reorganized its SMT Solutions segment in the Americas (USA, Canada, Mexico and Brazil), adding a new division between the North and South America regions.
AUSTIN, TX – Flex has announced the acquisition of FreeFlow, a company that specializes in global secondary markets and circular economy tracking and reporting.
NEEDHAM, MA – Worldwide smartphone shipments are forecast to grow 4% year over year in 2024 to 1.21 billion units, according to IDC's Worldwide Quarterly Mobile Phone Tracker.
KUALA LUMPUR – SKP Resources reported RM458.8 million ($97.5 million) in revenue for its fourth quarter, a year-over-year decrease of 5%.
Should components for military use be made in a dedicated secure facility?
That’s the basic thinking behind a $3.5 billion allocation by the US government to support an undisclosed chipmaker, presumably Intel, to develop a classified advanced semiconductor development project. The monies at the root of the issue touched off yet another question, that is, whether Chips Act funds were misused when routed to the so-called Secure Enclave program.
The Chips Act, of course, is the foundational legislation upon which the US strategy of reclaiming semiconductor manufacturing dominance is built.
Years ago, the major semiconductor foundries, including Intel, Motorola and others, had designated government segments. Their demise more or less concluded with the rollout of new defense procurement policies, now known as the Perry Initiative.
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- BTU International Appoints E-Tronix as Its Representative in Six States