KPMG Report: Automotive Semiconductors Worth $250 Billion Annually By 2040

In the new KPMG report, “Automotive semiconductors – Accelerating into the new ICE age”, new analysis predicts that, due to accelerating adoption of EVs and other changes in auto design, the annual automotive semiconductor market will reach $200 billion sooner than previously expected and surpass $250 billion by 2040.  

KPMG Report: Automotive Semiconductors Worth $250 Billion Annually By 20402022-08-01T16:19:39-05:00

Micron Appoints Mark Murphy as Executive VP and CFO

Micron Technology, Inc., an industry leader in innovative memory and storage solutions, announced that it is appointing Mark Murphy as the company’s executive vice president and chief financial officer effective April 18, 2022.

Micron Appoints Mark Murphy as Executive VP and CFO2022-04-06T10:52:36-05:00

Vanchip Plans Listing on Shanghai STAR Board

China-based Vanchip, which specializes in RF front-end modules incorporating power amplifiers, plans to launch an initial public offering (IPO) on the science and technology innovation board (STAR) of China's Shanghai Stock Exchange (SSE).

Vanchip Plans Listing on Shanghai STAR Board2022-04-06T10:00:50-05:00

China Lockdowns Cause Major Supply Chain Headaches

China's zero-COVID policy has resulted in lockdowns in Jilin, Shenzhen, and Shanghai. While operations for major manufacturers have not been heavily affected, the lockdowns are still expected to have major impacts.

China Lockdowns Cause Major Supply Chain Headaches2022-04-06T10:36:14-05:00