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QINGDAO, CHINA – Foxconn recently broke ground on a ¥60 billion (US$8.6 billion) semiconductor assembly and test plant here, according to reports. Rongkong Group will co-finance the project.

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MILPITAS, CA – SEMI president and CEO Ajit Manocha supports amendments the US House of Representatives and Senate included in the 2021 National Defense Authorization Act that would authorize important programs to support semiconductor manufacturing and research in the US.

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HONG KONG – ASMPT will provide integrated solutions for heterogeneous integration, including ALSI laser saw/grooving and interconnect tools, in support of IBM artificial intelligence research.

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DE LEON SPRINGS, FL – Sparton has completed the previously announced sale of its contract manufacturing unit, Manufacturing & Design Services, to One Equity Partners. In conjunction with the closing of the transaction, the MDS business has been rebranded as Spartronics.

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SCOTTSDALE, AZ – After dropping 15% in 2019, the worldwide IC market is expected to show single-digit growth in 2020, even with the disastrous effects of Covid-19 on the global economy, according to IC Insights.

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LONDON – The Covid-19 pandemic has given businesses an unprecedented opportunity to implement profound changes to the way we work, according to GlobalData. The pandemic will leave a lasting legacy, from digitizing processes and reshaping supply chains to redesigning offices, the research firm says.

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