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Tower Semiconductor Announces First Quarter 2023 Earnings Release Date MIGDAL HAEMEK, Israel - April 20, 2023 - Tower Semiconductor, the leading foundry of high ... | April 20, 2023
Pure-play foundry Powerchip Semiconductor Manufacturing (PSMC) has reported net profits fell 90.3% sequentially and 97% on year to NT$187 million (US$6.1 million) in the first quarter of 2023 - the lowest profits since its listing on the Taiwan Stock Exchange (TWSE).
As Tata is looking to build its OSAT business and precision electronics manufacturing amid India's aspiration to build a self-reliant semiconductor ecosystem, the Indian conglomerate has hired Randhir Thakur, former head of Intel Foundry Services, to lead its newly-established semiconductors business.
ASE Technology and other OSATs continue to experience low production utilization rates for flip-chip (FC) packaging, due to sluggish demand for handset ICs, according to industry sources.
Newest version includes enhanced technology features such as advanced denoising powered by machine learning, reaching new milestones in support for volumes, secondary passes, and performance for feature film animation and VFX.