Japanese chipmaker Renesas to buy software firm Altium in $5.9 billion deal

A Renesas Electronics Corp. central processing unit (CPU) board and microcontrollers. Kiyoshi Ota | Bloomberg | Getty Images Japanese semiconductor firm Renesas Electronics said Thursday that it would acquire Sydney-listed software company Altium for 9.1 billion Australian dollars ($5.89 billion) in cash, as it seeks to streamline its electronics design process. Renesas said it would … Read more

China Invests $5.4 Billion in Two-Year-Old Memory Chipmaker

Semiconductor startup Changxin Xinqiao Memory Technologies Inc. has raised 39 billion yuan ($5.4 billion) from government-backed investors, a sign Beijing is doubling down on its efforts to achieve technological self-sufficiency and counter US sanctions. In its latest funding round, Hefei-based Changxin Xinqiao secured 14.6 billion yuan from the state-backed China Integrated Circuit Industry Investment Fund … Read more

China’s largest chipmaker SMIC posts first income fall in 3 years

SMIC has been hit with U.S. sanctions however its enterprise has continued to develop. Nonetheless, China’s largest chipmaker nonetheless faces a problem catching up with rivals corresponding to TSMC. Qilai Shen | Bloomberg | Getty Photographs China’s largest semiconductor manufacturing agency SMIC on Friday posted its first decline in quarterly income in additional than three … Read more