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Week In Review: Manufacturing, Test UMC expands; Ford’s chip woes; ASE ups CapEx; phone shakeup. Chipmakers and OEMs Several foundry vendors are expanding their fab capacity. The latest is UMC, which announced plans to expand capacity at its 300mm Fab 12A Phase 6 (P6) in Taiwan’s Tainan Science Park. UMC has operated in the Tainan Science Park since 1999, when Fab 12A was established as Taiwan’s first 300mm fab. Fab 12A is currently operating at a capacity of approximately 90,000 300mm wafers per month (wpm), with an additional 10,000 wpm being installed at P5 starting in 2021. The P6 ...

KLA Corporation Reports Fiscal 2021 Third Quarter Results - Total revenues were $1.80 billion, finishing at the upper end of the range of guidance; - GAAP diluted EPS attributable to KLA was $3.66, and non-GAAP diluted EPS attributable to KLA was $3.85, each also finishing at the upper end of the range of guidance; - Cash flow from operations and free cash flow were both records at $646.2 million and $585.0 million, respectively; - Capital return was $412.7 million with $139.3 million in dividends and $273.4 million in share repurchases News provided by Share this article Share this article M...

This story originally appeared on MarketBeat Semiconductor equipment maker KLAC Corporation (NASDAQ: KLAC) stock made new all-time highs of $359.69 on April 5, 2021, as the Nasdaq 100 rallied back from correction territory. The Company is a pandemic and post-pandemic winner. Stay-at-home mandates accelerated the demand for consumer electronics and computing devices far outstripping the chip supply as evidenced by the shortage during the re-opening recovery. The shortage has led to companies scaling back their financial guidance as underscored by warnings from Ford Motor (NYSE: F) in th...

Operator Good day. My name is Priscilla, and I will be your conference operator today. At this time, I would like to welcome everyone to the KLA Corporation December quarter 2020 earnings conference call and webcast. [Operator instructions] I will now turn the call over to Kevin Kessel, vice president of investor relations. Please go ahead. Vice President of Investor Relations Thank you, and welcome to KLA's fiscal Q2 2021 quarterly earnings call to discuss the results of the December quarter and the outlook for the March quarter. With me today is Rick Wallace, our chief executive officer; an...

At least three homes were condemned along the Massachusetts coastline on Tuesday One house in Cape Cod collapsed onto the beach after its foundations were pounded by huge waves Coastal flooding also hit New Jersey where an elderly man had to be rescued from the icy waters  The Northeast began to recover from Storm Orlena on Tuesday as New Yorkers and residents in New Jersey and Pennsylvania start digging out from under massive piles of snow The winter storm had dumped as much as 35 inches of snow in parts of Pennsylvania Yet, two more winter storms are forecast for the Northeast in the co...