Fab News

PENANG – Simmtech Holdings is establishing its first large-scale factory here to address the global chip shortage, investing more than US$120 million, according to reports.

Read more: Simmtech to Open Factory in Penang

MILPITAS, CA – SEMI, in partnership with Ignited Education, Foothill College and Krause Center for Innovation, has won a $1 million California Apprenticeship Initiative New and Innovative Grant for the development of a semiconductor pre-apprenticeship and apprenticeship program to expand the pathway to careers in the microelectronics industry.

Read more: SEMI Wins $1M Grant to Create Community College Microelectronics Apprenticeship Program

SEOUL – Printed circuit board fabricator BH said it will acquire LG Electronics’ in-car handset wireless charging business unit for 136.7 billion won (US$111.5 million), according to reports.

Read more: BH to Acquire LG’s In-Car Handset Wireless Charging Business

VIENNA – AT&S expects the global semiconductor shortage to persist well into 2023, says the firm’s CEO Andreas Gerstenmayer.

Read more: AT&S Expects Shortages to Persist into 2023

PETACH-TIKVA, ISRAEL – Eltek reported fourth quarter revenues were $9.5 million, flat with the same period in 2021.

Read more: Eltek Reports Q4 Flat Revenues of $9.5M

MILPITAS, CA — Global fab equipment spending for frontend facilities is expected to jump 18% year-over-year to an all-time high of $107 billion in 2022, marking a third consecutive year of growth, following a 42% surge in 2021, according to SEMI.

Read more: Global Fab Equipment Spending to Jump 18% to $107B in 2022

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