ElevATE Semiconductor and GlobalFoundries (GF) have announced a manufacturing partnership for high-voltage chips produced at GF’s facility in Essex Junction, Vermont. Designed by ElevATE and manufactured at scale by GF on its proven and power-efficient 7HV technology platform, the chips are vital to commercial semiconductor testing equipment and critical applications for aerospace and defense systems.
Sony’s automotive CMOS Image Sensor (CIS) business is rapidly growing due to increasing demand for cameras in automobiles and the need for better image quality and functionality. This growth has inspired the company to announce its goal of making its automotive CIS business profitable by fiscal year 2026 (April 2026-March 2027).
The European Commission is due to notify Chinese electric-vehicle manufacturers of provisional tariff levels Wednesday and companies could face additional levies of around 25%, European officials said.
The Biden administration is considering further restrictions on China’s access to chip technology used for artificial intelligence, targeting new hardware that’s only now making its way into the market, people familiar with the matter said.
According to an official press release, Canon announced plans to strengthen its core businesses in India during a strategy meeting held in Mumbai on June 7. These core businesses include imaging, printing, and surveillance.
The Samsung group reportedly has internally decided to skip all commemorative events for the anniversary of the launch of the new management initiative in 2024, which could be linked to the major challenges the company is currently facing, according to South Korean media Yonhap News Agency.