CONNECT WITH US
NEWS TAGGED BANKRUPTCY
Monday 30 June 2025
India roundup: Taiwanese firm on thin ice over Indian investments
Despite rising investments in India, Taiwanese companies remain cautious, treading carefully as if walking on thin ice.
Friday 27 June 2025
Taiwan chipmakers' caution on India's semiconductor ambitions heightens after Aptos collapse
The bankruptcy of Aptos Technology, a subsidiary of Taiwan Mask Corporation, underscores the cautious approach Taiwanese chipmakers are taking toward India's semiconductor ambitions,...
Monday 23 June 2025
Renesas enters restructuring support deal with Wolfspeed as the latter deals with ongoing financial struggles
Renesas Electronics has entered a financial restructuring agreement with Wolfspeed, a US-based silicon carbide (SiC) semiconductor manufacturer, amid Wolfspeed's ongoing financial...
Thursday 19 June 2025
Chipmaker Wolfspeed nears bankruptcy deal with lenders including Apollo
Struggling chipmaker Wolfspeed Inc. will be taken over by creditors including Apollo Global Management Inc., under a proposal that would put it into bankruptcy just long enough to...
Tuesday 17 June 2025
Powin files for bankruptcy due to supply chain crisis
Powin, once a major player in the global energy storage market and a fierce competitor to Tesla and Fluence, has recently filed for bankruptcy under Chapter 11 of the US Bankruptcy...
Tuesday 10 June 2025
Renesas says Wolfspeed situation will not affect OSAT project in India
According to the Economic Times, citing an official statement, Japanese chipmaker Renesas has clarified that ongoing issues with Wolfspeed will have no impact on its OSAT...
Saturday 7 June 2025
Wolfspeed's looming collapse threatens CG Power's India OSAT ambitions
A potential bankruptcy filing by US-based silicon carbide (SiC) wafer maker Wolfspeed is stirring concern across the global semiconductor supply chain and could derail key plans by...
Monday 2 June 2025
Trump holds reins on Wolfspeed's future as foreign buyers balk at 'Made in USA' cost burden
Wolfspeed, the US leader in silicon carbide (SiC) materials and a key player in the power semiconductor supply chain, has denied recent bankruptcy rumors. However, delays in receiving...
Monday 2 June 2025
Renesas scraps SiC production plan amid rising Chinese challenge
Japanese chipmaker Renesas Electronics has scrapped its plan to mass-produce silicon carbide (SiC) power semiconductors, originally set to begin in early 2025 at its Takasaki plant...
Friday 23 May 2025
Wolfspeed's stumble opens the door to China's SiC ambitions

In a development that has sent shockwaves through the global semiconductor industry, US-based silicon carbide (SiC) leader Wolfspeed...

Monday 17 March 2025
Europe's EV battery dreams shattered: Northvolt's collapse amid rising Chinese competition
Northvolt, once touted as Europe's best bet to challenge Asia's grip on the EV battery market, has filed for bankruptcy in Sweden after failing to secure fresh funding. A court-appointed...
Tuesday 25 February 2025
EV dead end: Nikola's fall highlights financial and supply woes for startups
US-based electric vehicle (EV) startup Nikola has recently filed for bankruptcy protection, a move that comes as no surprise to industry insiders, who view the company as having reached...
Thursday 16 January 2025
Bankruptcies increase in Germany's automotive supply chain
German automakers Volkswagen, BMW, and Mercedes-Benz have monopolized the global automotive market for decades; however, in recent years, they have struggled with the shift toward...
Thursday 2 January 2025
Volvo reportedly seeks South Korean battery partners amid Northvolt crisis
Following Northvolt's bankruptcy filing, Volvo is exploring new battery partnerships in South Korea to advance the construction of the NOVO Energy battery plant.
Friday 27 December 2024
Chinese flexible OLED pioneer fails to attract bidders in bankruptcy auction
Royole Technologies, once a leading innovator in flexible OLED panels, has seen its assets go unsold in multiple auctions following its bankruptcy filing in a Shenzhen court in November...