News Archive
Su and Huang Engage in Fierce Battle for Dominance in 50% CAGR Accelerator Market
Advanced Micro Devices (AMD) has announced that the market for accelerator integrated circuits (ICs) is projected to experience a 50% compound annual growth rate (CAGR) over the next four years. AMD's CEO, Lisa Su, stated that the data center AI accelerator market...
Navigating the Supply Chain: Avnet’s Insights on Optimism and Uncertainty
The 2023 Avnet Insights survey reports that nearly three quarters (73%) of engineers who responded from around the world say the component shortages experienced recently in the supply chain have improved year on year.This is an improvement from last year, when 59%...
Pragmatic Secures Impressive $206m in Series D Funding Round
Pragmatic Semiconductor, the flexible IC manufacturer, has successfully completed the first close of its Series D funding round, securing an impressive investment of £162m ($206m). The company is now planning a limited second close for key investors, with an additional £20m ($25m)...
Q3 SEMI Billings Decline 11% YoY and 1% QoQ
The Worldwide Semiconductor Equipment Market Statistics (WWSEMS) Report has revealed that billings for semiconductor manufacturing equipment in Q3 fell by 11% year-on-year to $25.6 billion. Additionally, there was a 1% decline in billings compared to the previous quarter.SEMI CEO Ajit Manocha attributed...
ABB’s Hyperspectral Cameras Enhance Emissions Monitoring Constellation
ABB has secured its third contract with GHGSat, a company specializing in greenhouse gas monitoring from space. The multinational corporation will manufacture hyperspectral cameras for four satellites scheduled to launch in 2024.The satellites, named C12, C13, C14, and C15, will join GHGSat's...
DRAM Prices Surge in Q3, Anticipated 13-18% Increase in Q4
The DRAM industry experienced a significant leap in the third quarter of 2023, with total revenues reaching an impressive $13.48 billion, marking an 18% quarter-on-quarter growth, according to TrendForce.Among the three major manufacturers, Samsung witnessed a revenue increase of approximately 15.9% to...
AT&T Embraces O-RAN Technology for Major Expansion
AT&T has announced its plans to utilize Open Radio Access Network (O-RAN) technology for 70% of its US traffic by late 2026. This move marks a significant shift in the telecom industry, as AT&T aims to revolutionize its network infrastructure."All of the...
Gartner predicts 16.8% growth in semi sales for next year
According to Gartner, semiconductor sales are projected to grow by 16.8% in 2024, reaching a total of $624 billion. This comes after a decline of 10.9% in the market in 2023, with sales totaling $534 billion."We are at the end of 2023...
DigiKey’s DigiWish Giveaway Returns: Enter on Social Media!
DigiKey, a leading electronic components distributor, has kicked off its highly anticipated annual DigiWish Giveaway programme. This social media giveaway offers engineers the exciting opportunity to win DigiKey products. The contest runs from the 1st to the 24th of December, making it...
Teledyne EEV Partners with TRUTHS for Groundbreaking Space Mission
Teledyne e2v Space Imaging has officially joined the UK-led climate change TRUTHS mission in a signing ceremony at COP 28. As part of The European Space Agency’s Earth Watch programme, the TRUTHS consortium aims to establish a space-based climate and calibration observatory....
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