Dylan McGrath is the editor-in-chief of EE Times.

SMIC Names Haijun Zhao CEO

SAN FRANCISCO—Semiconductor Manufacturing International Corp. (SMIC), China's largest chip foundry, named Haijun Zhao CEO Wednesday (May 10), succeeding Tzu-Yin Chiu, who had been the company's chief executive since 2011. Zhao, who joined SMIC in 2010, is a 25-year semiconductor industry veteran who has been SMIC's chief operating officer since 2013. “I am greatly honored to…

Chip Sales Up 18% Through Q1

SAN FRANCISCO—Global semiconductor revenue continued to surge in March, with the three-month moving average of sales increasing more than 18 percent year-over-year for the first time since October 2010, according to the Semiconductor Industry Association (SIA) trade group. Through the first three months of the year, the semiconductor industry is well ahead of its 2016…

EDA Sales Jump Most in Five Years

SAN FRANCISCO—Electronic Design Automation (EDA) sales posted in the largest annual increase in five years in the fourth quarter of 2016, based on broad strength across all product categories and regions, according to the Electronic System Design (ESD) Alliance. Fourth quarter EDA sales totaled $2.46 billion, an increase of 19 percent compared to the fourth…