Global Semiconductor Industry Updates

1. Japanese silicon wafer manufacturer Sumco has announced that it will cease silicon wafer production at its Miyazaki factory by the end of 2026.

2. Israeli lidar manufacturer Innoviz has announced a 9% workforce reduction, with its market value now down to just $200 million.

3. U.S. AI chip startup Groq has secured a $1.5 billion investment from Saudi Arabia.

4. Anker Technology’s subsidiary in Vietnam, Anker Vietnam, is seeking to double the maximum annual production capacity of its Vietnam factory from 1.2 billion units to 3.6 billion units.

5. Hanwha Precision Machinery Co., Ltd. has rebranded as Hanwha Semiconductor Technology, accelerating its transformation into a comprehensive semiconductor company.

6. NXP Semiconductors has invested $307 million to acquire Kinara, a California-based edge AI chip startup.

China Semiconductor Industry Updates

1. SMIC achieved record revenue exceeding 8 billion RMB in 2024, setting a new historical high.

2. Changan Automobile has announced the completion of its deep integration with DeepSeek and plans to debut mass production models equipped with this technology on February 12.

3. Slkor (www.slkoric.com) and Jin Hang Biao are recruiting purchasing engineers, FAE engineers, SEO specialists, and both domestic and international sales staff. Interested candidates are welcome to submit their resumes.

4. There are rumors that Zongmu Technology has experienced a power shutdown at its office building, with the company’s entire staff facing unpaid wages and the CEO reportedly fleeing.

5. Yixing New Materials has secured tens of millions in Pre-A round financing and will focus on further research and development of silicon carbide thinning and grinding wheels.

6. The 22nd China Semiconductor Expo will be held at the National Convention Center in August 2025.