Renesas Electronics’ Post

ASML SUPPLIER NEWAYS TO BUILD NEW PLANT IN MALAYSIA Article Summary: 1, Neways announces plans to construct a cutting-edge manufacturing facility in Klang, #Malaysia, expanding its footprint in #Asia. 2. The facility is slated to begin operations in the fourth quarter of 2024, catering to the #semiconductorindustry's growing demand for advanced modules and cabinets. 3. This strategic move underscores Neways' commitment to leveraging Malaysia's well-established ecosystem and robust #semiconductor supply chain for enhanced global competitiveness. Thanks again to KDAL for the full article with more background and insights click the source link in the comments below 💡 🙏👇 Are you joining the Leading Semiconductor Executive Leadership event, International Semiconductor Executive Summits USA in Arizona in partnership with the Greater Phoenix Economic Council? If not, the event is approaching SOLD OUT, come and join us to network with leading executives 1 on 1, strengthen your company’s brand, and gather the latest global market intelligence. Get in contact with me to secure your spot. #artificialintelligence #usa #nandflash #memory #chip

The semiconductor industry's strong year-over-year growth in February 2024, despite a slight monthly dip, reflects the resilience and ongoing demand within the sector. With significant increases in key regions like China and the Americas, the industry demonstrates its vital role in global technological advancement and economic stability. #semiconductor #semiconductorindustry #manufacturing #technology #computerchips #china #enginering

SAMSUNG MAY FINALLY SPEND ITS $60 BILLION CASH TO BUY COMPANIES Are you joining the Leading Semiconductor Executive Leadership event, International Semiconductor Executive Summits  USA in Arizona in partnership with the Greater Phoenix Economic Council? If not, the event is approaching SOLD OUT, come and join us to network with leading executives 1 on 1, strengthen your company’s brand, and gather the latest global market intelligence. Get in contact with me to secure you spot. Article Summary: 1. Samsung Electronics, holding over $60 billion in cash, is poised to re-enter the M&A scene following the resolution of Chairman Lee Jae Yong's legal issues, signaling a potential shift towards aggressive growth strategies through acquisitions, especially in AI, biotechnology, #robots , and telecommunications. 2. The period of legal challenges faced by Lee, termed the "lost decade" by #samsung employees, saw the conglomerate's M&A activities stall, underscoring the critical role Lee plays in steering the company's strategic decisions and investments. 3. Despite the optimism surrounding Samsung's renewed focus on M&As to drive growth in key technological sectors, the company faces a challenging global landscape marked by geopolitical and regulatory uncertainties that could impact its ability to execute future acquisitions. Thanks again to SamMobile for the full article with more background and insights click the source link in the comments below 💡 🙏 👇 #semiconductorindustry #artificialintelligence #aiot #ic #chips #foundry  #generativeai #usa

Intel Corporation, the US-based semiconductor leader, has appointed Santhosh Viswanathan as the Managing Director (MD) for its India region. With over two decades of experience at Intel, Viswanathan assumed his role as Vice President and Managing Director in July 2022. Now, he will lead Intel's operations in India as a separate region within the company's global structure. In a strategic move earlier this year, Intel designated India as a distinct region within its Sales, Marketing, and Communications Group (SMG) to better cater to the country's rapid growth and burgeoning business prospects. This shift enables Intel to deepen its engagement with the local market and harness its robust engineering presence in India. Santhosh Viswanathan brings a wealth of experience and educational background to his new role, holding degrees in industrial engineering and management, as well as an MBA. His extensive tenure at Intel and profound market understanding are expected to drive growth and enhance customer relationships in India. Reflecting on his appointment, Viswanathan highlighted the significance of the revamped regional focus. "By establishing a dedicated region, we empower our teams, including our talented engineering workforce in India, to collaborate closely with our customers," he remarked. He aims to leverage his expertise to deliver value and prioritize customer needs in the Indian market. In addition to Viswanathan's appointment, Intel has named Hans Chuang as the General Manager (GM) of SMG Asia Pacific and Japan (APJ). Based in Taiwan, Chuang holds a degree in electrical engineering and an MBA. His role entails spearheading revenue growth, identifying new opportunities, and bolstering relationships with customers and partners across the APJ region. “Intel is undergoing transformation, and I'm thrilled to lead the company's growth and innovation in APJ, one of the most diverse and rapidly expanding regions for Intel," said Chuang. He emphasized the importance of leveraging partnerships and maintaining a commitment to building an open ecosystem to ensure long-term success in the APJ region. #intel #leadershipchanges #responsibilities #india #sales #marketing #communications #trannsformation #startegicmove #allboutcorps

The contrast between South Korea's semiconductor downturn and TSMC's resilience highlights the critical importance of innovation and adaptation in today's volatile markets. Japan's industrial resurgence, as seen in Toyota Motor's performance, further emphasizes the significance of strategic agility in navigating evolving economic landscapes. #semiconductor #semiconductorindustry #manufacturing #technology #computerchips #china #enginering

As it is the Global Semiconductor Alliance 30th anniversary I have been reminiscing about the #semiconductor #leaders I have had the chance to get to know and the impact the GSA has had and continues to have on the semiconductor industry. We have been loud and effective advocates for this industry--championing #global #collaboration and ushering in partnerships that have helped accelerate this industry to where it is today and WE ARE HEADED to $1 trillion in revenue. Thanks to all those that believe in the power of global collaboration and lifelong friendships! In 2011 we held an executive event in #Japan just a couple of days before the horrible tsunami. What we discovered in Japan was a resiliency and leadership that has served the country and industry well. We continue to be committed to fostering relationships with the Japanese semiconductor industry. We are proud that Hidetoshi Shibata CEO and highly respected global leader of Renesas Electronics serves on our board of directors. I am sure I will forget someone in this photo so sorry about that but this is a wonderful group of leaders and I still remember the fun we had that evening --- Yamaguchi JJ who in 2011 was the Representative Director and Chairman of Renesas Electronics, my dear friend and one of the few fabless leaders in Japan, Tetsuya Iizuka who was CEO and Chairman of THine Electronics, Inc., Dr. F.C. Tseng, TSMC, Jensen Huang, CEO, NVIDIA, Ken Joyce who was CEO at Amkor Technology, Inc. Dr. Nicky Lu, CEO Etron Technology Inc. 鈺創科技 Joep van Beurden former CEO of CSR and former GSA Chair, 齋藤(Saito)昇三(Shozo), former CEO Toshiba and GSA board member and Clarence Wong who was High Technology Industry Lead for APAC Oracle. #leadership #semicondutors #globalcollaboration #partnerships #ecosystem

GLOBAL SEMICONDUCTOR SALES INCREASE 15.2% YEAR-TO-YEAR IN JANUARY Are you joining the Leading Semiconductor Executive Leadership event, International Semiconductor Executive Summits USA in Arizona in partnership with the Greater Phoenix Economic Council? If not, the event is approaching SOLD OUT, come and join us to network with leading executives 1 on 1, strengthen your company’s brand, and gather the latest global market intelligence. Get in contact with me to secure your spot. Article Summary: 1. Global #semiconductorindustry sales reached $47.6 billion in January 2024, marking a 15.2% YoY increase but a 2.1% MoM decline, according to the Semiconductor Industry Association (SIA). 2. John Neuffer, SIA President, expressed optimism, noting this was the largest YoY percentage increase since May 2022. He anticipates double-digit annual sales growth in 2024 compared to the previous year. 3. Regional variations were evident, with strong YoY sales growth in #China and the Americas, but declines in Japan and Europe. Monthly sales were down across all markets, emphasizing the dynamic nature of the #semiconductor industry. Thanks again to Semiconductor Industry Association for the full article with more background and insights click the source link in the comments below 💡 🙏 👇 #artificialintelligence #aiot #ic #chips #foundry  #generativeai #usa

The semiconductor industry's robust start in 2024, with a 15.2% YoY sales increase, signals positive momentum. John Neuffer's optimism and projected double-digit growth for the year highlight the sector's resilience, despite regional variations and a slight MoM dip. This dynamic landscape underscores the need for stakeholders to stay agile and informed amid ongoing market shifts. #semiconductor #semiconductorindustry #manufacturing #technology #computerchips #china #enginering