Page 20 - Tower Semiconductor News Today

A new report from TrendForce revealed that Samsung Foundry's market share and revenue improved in Q3 2023 compared to Q2 2023. - SamMobile

The top ten foundries grew revenues 7.9% to $28.29 billion, and Q4 revenues could grow faster, reports TrendForce.   TSMC, with 58% market share,

Foundry industry demonstrated healthy growth in Q3 2023 led by TSMC, Samsung, SMIC, and Intel Foundry Services.

The group — best known for its $12.6 billion IT arm HCLTech — is in active talks with the state government, which has offered land both near the international airport in Bengaluru as well as in Mysuru.

The HCL Group is moving closer to setting up an Outsourced Semiconductor Assembly and Test (OSAT) facility — also termed as a chip packaging unit — in Karnataka, multiple people aware of the developments told ET.

HCL Chip Unit: The facility will be "small-to-medium sized" with an estimated investment of about $400 million, they added. The group — best known for its $12.6 billion IT arm HCLTech — is in active talks with the state government, which has offered land both near the international airport in Bengaluru as well as in Mysuru.

China News: Doing business in China has become increasingly difficult for US and other foreign companies in recent years.

Israel Discount Bank led the losses today after reporting its third quarter results but Teva bucked the market.

Japan is betting big on semiconductors and AI with an aid package to advance the country's capabilities. Here are Japan's favorite AI stocks.

The vast majority of VMware shareholders (ticker: VMW) will get a windfall thanks to the run-up in Broadcom stock (AVGO) since the deal was announced.