Key Foundry has developed a new semiconductor design toolkit that it says will shorten development time for chip firms.The firm had previously supplied process design kits (PDK) that support chip design tools provided by Synopsys, Candence and Siemens.The latest PDK Version E adds PDK setup environm

ON Semiconductor has changed its name to OnsemiThe company said it will focus on intelligent power and sensing technologies to achieve net-zero emissions by 2040.“We have spent the last several months focusing the strategy, and realigning our product portfolio and investments to deliver market-leadi

Semiconductor component firm MK Electronics said on Thursday that it will acquire Dongbu nTech, a subsidiary of Dongbu Corporation.MK Electron has agreed to buy 100% share of Dongbu nTech for 45.45 billion won on September 30.Dongbu nTech specializes in waste disposal, facility maintenance and manag

Samsung Electronics has ended its semiconductor distribution rights contract with Mujin Electronics as of the end of June, TheElec has learned.The South Korean tech giant will be handing over the rights to electronic component distributor SAMT instead. This process will be done in September.SAMT wil

Exicon said on Wednesday that it has completed the development of a new CMOS image sensor (CIS) test equipment, together with Samsung.The equipment are being evaluated by customers, a Exicon spokesperson said.The equipment will likely be commercialized in the fourth quarter, they said.Japan’s Advant

More semiconductor companies are gearing up to start operations in their new silicon carbide (SiC) and gallium nitride (GaN) power management IC fabs in the second half of the year.STMicroelectronics began SiC wafer production at its fab in Sweden last month. The company acquired the fab when it bou

SKC Solmics, the semiconductor component and material subsidiary of SKC, has begun the operation of its new chemical mechanical polishing (CMP) pad factory at Cheonan, South Korea, the company said on Tuesday.SKC Solmics spent 47 billion won for the new factory that started construction last year.Th

PI Advanced Materials will list on KOSPI and its shares will starting trading August 9, the company said.The firm first listed on KOSDAQ in December, 2014.The Korea Exchange approved of the transfer, PI Advanced Materials said on Tuesday.A company spokesperson said it hopes to join the KOSPI 200 ind

The Committee on Foreign Investment in the United States (CFIUS) is planning to wrap up its review of Chinese private equity firm Wise Road Capital’s acquisition of South Korean chipmaker Magnachip by September 13.CFIUS has previously rejected acquisition and merger plans of Chinese companies such a

Surplus Global, a South Korean pre-owned fab equipment seller, said on Tuesday that it has moved its headquarters and exhibition zone to its new building at Yongin, Gyeonggi Province.The new exhibition zone at Yongin is three times larger than its previous one at Osan.The new zone also has a clean r

The lead time for fab equipment has increased to on average 14 months as of July, according to those in South Korea fab equipment makers and data of global fab equipment makers collected by TheElec.This extension of the leading time is being caused by chipmakers increasing their spending on their fa

RFsemi said on Monday that it has launched a new lamp that uses 222nm far Ultraviolet-C (UVC) light to kill virus while being harmless to humans.PD-2012-01-222 can be attached to ceilings. It uses RFsemi’s power device and comes with a down light design.The lamp can be used up to 3,000 hours at 20W

Equipment maker SFA is looking to acquire Mujin Electronics’ wafer cleaning equipment business, TheElec has learned.SFA is attempting to widen its fab equipment portfolio from the back-end to the front-end.The acquisition will also allow the company to reduce reliance on its display and battery prod

LB Semicon said on Friday that it posted 121.6 billion won in sales and 12.6 billion won in operating income during the second quarter this year.It is an increase of 14% and 56.2%, respectively, from a year ago.LB Semicon became Samsung Electronics’ secondary vendor for CMOS image sensor testing las

Video semiconductor IP firm Chips&Media said on Thursday that posted sales of 3.28 billion won and operating income of 292 million won uni the second quarter.It is a drop of 15.57% and 51.39%, respectively, from a year ago.Licensing revenue fell from the previous year but the company has clinched pr

Samsung Electronics recorded 63.67 trillion won in revenue during the second quarter, its highest to date for the quarter.Memory semiconductors led the growth while TV and appliances are posted strong earnings.However, its mobile business recorded lackluster earnings.Samsung said on Thursday that it

Display and semiconductor inspection kit maker Youngwoo DSP said on Wednesday that it has been chosen as the leading company in a national project to develop inspection kit used for chips 10-nanometer (nm) or under.Under the project, headed by the Ministry of Trade, Industry and Energy, Youngwoo DSP

DNF said on Wednesday that it will receive 20.9 billion won in equity investment from Samsung Electronics to expand its production capacity and increase R&D spending.A DNF spokesperson said the company plans to start building a new factory near its headquarters in Daejeon late this year or early nex

Samsung SDI was considering procuring silicon anode preferably from MK Electron and Dongjin Semichem, TheElec has learned.The silicon anode was previously supplied soley by China’s BTR.South Korea’s Hansol Chemical has build a factory in South Korea for a potential supply deal with Samsung SDI, but

SK Hynix has performed strongly during the second quarter thanks to high demand for semiconductors.The company’s sales and operating income for the quarter was its highest since 2018.SK Hynix said on Tuesday that it posted 10.32 trillion won in sales, 2.69 trillion won in operating income and 1.98 t