Saudi Arabia, officially referred to as the Kingdom of Saudi Arabia (KSA), is the largest country in the Middle East, known for its vast oil reserves. It has over 32 million residents as of 2022. According to reports, Saudi Arabia plans to diversify its economy and reduce reliance on oil as it announces an investment…
Accenture To Acquire Cientra
Accenture PLC, the IT consulting firm, recently announced the acquisition of Cientra to enhance its capabilities in silicon design, engineering, and semiconductor solutions. According to reports, Cientra brings significant experience in engineering, development, and testing across hardware, software, and networks within the automotive, telecommunications, and high-tech industries. This acquisition will add 530 experienced engineers to…
Onsemi: $2 Billion Investment In Czech Republic
ON Semiconductor Corporation, also known as onsemi, is an American semiconductor supplier company founded in 1999 and headquartered in Scottsdale, Arizona. It specializes in power and signal management, custom devices for automotive, communications, computing, military/aerospace, and power applications. According to reports, onsemi has announced plans to invest $2 billion USD in the Czech Republic to…
Malaysia: $107 Billion Semiconductor Investment
Malaysia has announced it’s targeting a $107 billion investment in its semiconductor industry as it aims to position its self as a global manufacturing hub. Malaysia’s semiconductor industry accounts for 13% of global testing and packaging. This investment will be used for integrated circuit design, advanced packaging and manufacturing equipment for semiconductor chips. The report…
China: $47.5 Billion Chip Industry Investment
China has announced plans to invest $47.5 billion USD into its chip industry, the country’s largest ever semiconductor investment. This deal is aimed at boosting the country’s chip production and reducing its reliance on foreign suppliers. It is also part of the Made in China 2025 initiative, which aims to make the country a global…
India: $15 Billion Semiconductor Plant Investment
The ministry of IT in India has announced an investment of over $15 billion USD for the construction of multiple semiconductor facilities in the country. These plants will be set up by the Tata Group and Powerchip Semiconductor Manufacturing Corporation (PSMC). Founded in 1868, the Tata Group is one of the largest conglomerates in India, with…