Global Semiconductor Industry Updates

1. The U.S. government plans to reduce Intel’s chip subsidy by $8.5 billion, cutting it to less than $8 billion.

2. STMicroelectronics' MCU sales are expected to drop significantly by 41.3% in 2024.

3. Microchip has released the PolarFire FPGA Ethernet sensor bridge.

4. Lattice Semiconductor is considering making a full acquisition offer for Altera, a subsidiary of Intel.

5. EU officials have stated that no agreement has been reached yet in the EU-China electric vehicle tariff negotiations.

6. HP’s R&D team is reportedly planning to lay off up to 10% of its workforce, while gradually shifting its supply chain focus back to the U.S.

China Semiconductor Industry Updates

1. In the first half of 2024, the global semiconductor equipment shipment total reached $53.2 billion, with Mainland China accounting for approximately 47%.

2. In response to the U.S. export restrictions on chips to China, the Ministry of Foreign Affairs firmly opposed the measures and vowed to take resolute actions to protect the legitimate rights and interests of Chinese companies.

3. Shenzhen Aerospace International Logistics has applied for a retrial with the Supreme People's Court regarding the case of being targeted by Mito in Changsha. The company will also petition the prosecution to appeal and pursue criminal investigation until the Mito gang is brought to justice.

4. The SuShi Testing Central China headquarters will begin construction next year, serving industries in the Central China region, including semiconductors, aerospace, and automotive.

5. Woqi Microelectronics has surpassed 100 million units in annual chip shipments.

6. Dapo Technology's first 4/6-inch silicon carbide-based piezoelectric composite substrate production line has successfully gone online.