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British IP provider Imagination Technologies has raised investment in the form of a $100 million convertible term loan from Fortress Investment Group. Imagination will use the funds to support the development of its technologies for graphics, compute and AI at the edge, as well as fund its ambitious growth objectives.
EE Times
China's state-backed chip investment fund has invested CNY14.56 billion (US$1.99 billion) in a memory chip company called Changxin Xinqiao, records showed.
Reuters
Government-backed Japan Investment Corp. is in talks to acquire JSR, the leading producer of photoresist for semiconductor manufacturing, for roughly JPY1 trillion (US$7 billion), Nikkei has learned.
Nikkei Asia
A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion in the US, media outlets reported on Sunday.
Reuters
The UK government has announced an investment of up to GBP1 billion (US$1.24 billion) in the domestic semiconductor industry, but has been criticized for declining to join the spending race that has seen the US and EU announce significantly bigger programs.
Guardian
Ford Motor is hitting the brakes in China, the world's largest auto market, with new plans to scale back investment in order to improve profitability.
Bloomberg
The National Integrated Circuit Industry Investment Fund will commit CNY12.9 billion towards Yangtze Memory Technologies, according to a government website that discloses company registration information. The capital infusion from the Big Fund, as Beijing's signature investment vehicle is commonly known, was slated for completion on Januar 31, according to Tianyancha.
Bloomberg
Employee doubts are rising about TSMC's US$40 billion investment in an Arizona factory.
New York Times
Absolics, a subsidiary of SKC, broke ground in November on a planned $600 million investment in Covington, Ga., for a new manufacturing facility that will supply advanced materials to the US semiconductor industry.
PR Newswire
The UK has blocked the takeover of an electronic design company by a Hong Kong rival over national security concerns, in the latest sign of growing British anxiety about Chinese investment.
Guardian
China's top anti-corruption watchdog has launched investigations against several executives linked to the country's largest chip investment fund, as Beijing steps up scrutiny of the sector in its race for technological self-sufficiency.
The Financial Times
China has begun a series of investigations into key figures responsible for shaping chip policy and investment, raising questions about the impact on Beijing's blueprint for challenging US dominance of a US$550 billion industry.
Bloomberg
Italy plans to set aside more than EUR4 billion (US$4.6 billion) until 2030 to boost domestic chip manufacturing as it seeks to attract more investment from tech companies such as Intel, a draft decree seen by Reuters showed on Tuesday.
Reuters
Heavy investment is needed to increase capacity in the semiconductor industry and there is no immediate danger of oversupply, the CEO of Dutch semiconductor equipment maker ASML said on Wednesday.
Reuters
Toshiba Electronic Devices & Storage will construct a new 300-milimeter wafer fabrication facility for power semiconductors at its main discrete semiconductor production base, Kaga Toshiba Electronics, in Ishikawa Prefecture. Construction will take place in two phases, allowing the pace of investment to be optimized against market trends, with the production start of Phase 1 scheduled for within fiscal 2024. When Phase 1 reaches full capacity, Toshiba's power semiconductor production capacity will be 2.5 times that of fiscal 2021.
Company release
Rob Crooke, CEO of Solidigm and a 10-year veteran of Intel's memory business, told CRN that while the memory business has been a profitable one for Intel, Intel realized that to get the scale needed to continue to serve customers' growing memory and SSD requirements required a huge investment in scale, and the SK Hynix had the scale necessary.
CRN
Intel has announced plans for an initial investment of more than US$20 billion in the construction of two new leading-edge chip factories in Ohio.
Company release
US Commerce Secretary Gina Raimondo discussed chip supply chains during a call with her opposite number in Taiwan and the two will cooperate on technology trade and investment through a newly established mechanism, her office said.
Reuters
Intel's plans for a multibillion-dollar investment in a new US semiconductor plant hang in part on Congress moving on a stalled plan to bolster the domestic chip industry, the company's chief executive said.
Bloomberg
Chipmaker GlobalFoundries and major shareholder Mubadala Investment Co. plan to raise as much as $2.6 billion in a US initial public offering.
Bloomberg
Infineon Technologies has opened its high-tech chip factory for power electronics on 300-millimeter thin wafers at its Villach site in Austria. At EUR1.6 billion (US$1.88 billion), the investment made by the semiconductor group represents one of the largest such projects in the microelectronics sector in Europe.
Company release
China's recent regulatory tightening will cause limited damage to the country's long-term economic growth and investment prospects, although financial markets will likely remain volatile in the short term, according to Goldman Sachs.
Bloomberg
Samsung is increasing foundry prices to support more investment in 5nm EUV process technology.
eeNews Europe
Both Conservative and Labour MPs have raised national security concerns because Nexperia is a Chinese-backed firm.
BBC News
Intel has said investment in its planned new European $20bn semiconductor factory could be spread across several EU member states, as it lobbies to win the bloc's financial and political support for the project.
The Financial Times
Magnachip Semiconductor said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion.
Reuters
Xiaomi and the US government have reached an agreement to set aside a Trump administration blacklisting that could have restricted American investment in the Chinese smartphone maker.
Bloomberg
Chipmaking equipment supplier BE Semiconductor said on Friday it planned to boost its operations in the United States and Taiwan as its top customers ramp up investment to meet a surge in chip demand.
Reuters
GF has invested more than $15 billion in its Fab 8 facility over the last decade to support innovation and manufacturing capacity. In 2021, the company is doubling its planned investment to expand global capacity, with $500 million targeted for Malta, NY alone.
Company release
Abu Dhabi's Mubadala Investment has started preparations for a US initial public offering of chipmaker Globalfoundries, people with knowledge of the matter said.
Bloomberg
Top US chipmaking equipment supplier Applied Materials said Monday it has abandoned a $3.5 billion deal to acquire Japanese peer Kokusai Electric from investment firm KKR owing to regulatory hurdles.
Nikkei Electronics Asia
Apple said it's planning to build a new semiconductor design center in Munich as part of a 1 billion-euro ($1.2 billion) investment push to develop custom chips for 5G mobile and other wireless technologies in Germany.
Bloomberg
Vietnam has awarded a licence to South Korea's LG Display to raise its investment in the country's northern port city of Haiphong by $750 million to $3.25 billion, local media reported on Monday.
Reuters
China brought in $163 billion in inflows last year, compared to $134 billion attracted by the U.S., the United Nations Conference on Trade and Development wrote in a report released on Sunday.
CNBC
India is considering revising its foreign investment rules for e-commerce, three sources and a government spokesman told Reuters, a move that could compel players, including Amazon.com Inc, to restructure their ties with some major sellers.
Reuters
Figures show foreign investment in the Star Market has surged this year, despite concerns about sometimes heavy-handed regulation by Chinese authorities.
CNBC
Foxconn Technology Group's investments in the US have fallen short of promises made in 2017, when US President Donald Trump hailed the firm's promises to build a factory as a sign of America's manufacturing revival.
BBC News
SoftBank created a $100 million Opportunity Fund that will invest only in companies led by people of color.
CNBC
SK will invest KRW3.2 trillion in the company's Wuxi plant.
The Korea Times
India's cabinet has approved a 480 billion rupees ($6.37 billion) plan to boost electronics manufacturing and woo large investment to a country which, following Prime Minister Narendra Modi's Make-in-India drive, has become the world's second-biggest mobile phone manufacturer.
Reuters
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