Semiconductor sales reach $35 billion a month for the first time

The global semiconductor industry has grown to a level where sales have reached beyond $35 billion in one month, according to the leading industry association in the US.  

The Semiconductor Industry Association, says worldwide sales of semiconductors reached $35 billion for the month of August 2017, an increase of 23.9 percent compared to the August 2016 total of $28.2 billion and 4 percent more than the July 2017 total of $33.6 billion.

All major regional markets posted both year-to-year and month-to-month increases in August, and the Americas market led the way with growth of 39 percent year-to-year and 8.8 percent month-to-month.  Continue reading Semiconductor sales reach $35 billion a month for the first time

Bosch to build gigantic semiconductor production plant in Germany

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German industrial giant Bosch is building a massive semiconductor production plant which would represent the single largest investment in the company’s 130-year history. 

The high-tech facility, to be located in Dresden, would employ around 700 staff working on 300-millimeter semiconductor chips which Bosch says has growing applications in the automotive market, smart cities and on the industrial internet, all strong markets for Bosch.

The construction of the high-tech factory is to be completed by the end of 2019, says Bosch, and production is expected to begin at the end of 2021 after a start-up phase. Overall, the investment volume for the site is estimated to be around $1.1 billion.  Continue reading Bosch to build gigantic semiconductor production plant in Germany