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Home -News -Latest News -ON Semiconductor has ceased investment in its silicon carbide (SiC) power management IC facility in South Korea

ON Semiconductor has ceased investment in its silicon carbide (SiC) power management IC facility in South Korea

Release date:2025-04-16Author source:KinghelmViews:1025

International Tech News:

1. From 2023 to 2028, the global high-end semiconductor packaging market is projected to surge from $33.4 billion to $64.3 billion, driven by explosive demand in areas such as AI chips.

2. ON Semiconductor has terminated its $6.9 billion acquisition of chipmaker Allegro.

3. Over the next three years, STMicroelectronics will focus on advanced manufacturing infrastructure and technology R&D for 300mm silicon and 200mm silicon carbide.

4. The Wuxi Innovation Center for Semiconductor Equipment and Key Components has officially opened, with eight semiconductor equipment component industrialization projects signed on-site.

5. During electronica China 2025, the Kinghelm (www.kinghelm.net)/SLKOR booth attracted a constant stream of visitors and potential partners, including many international guests, highlighting the strong appeal and reputation of the Kinghelm and SLKOR brands.

6. ON Semiconductor has ceased investment in its silicon carbide (SiC) power management IC facility in South Korea.

 

Domestic Tech News:

1. In Q1 2025, China’s integrated circuit exports rose 22.0% to 76.13 billion units, with export value up 12.0% to RMB 293.48 billion.

2. Dongguan Tailiang Intelligent Technology Co., Ltd. successfully acquired land for its expansion project, with a total investment of RMB 200 million.

3. China State Construction Engineering First Division won the bid for the civil and general electromechanical engineering package of Phase I of Sun Moon New Semiconductor (Guangzhou) Co., Ltd.'s new project, with a total investment of RMB 1.5 billion.

4. STMicroelectronics’ 8-inch SiC wafer fab in Chongqing has been connected and is expected to begin production in Q4 2025.

5. Foxconn plans to produce 25 to 30 million iPhones at its India plant in 2025, more than double last year’s output.

6. In Q1 2025, China’s import and export volume reached a record high, with exports of electromechanical products growing 6.9% year-on-year.

 

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International visitors at the Kinghelm/SLKOR booth (N2.729)

 

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