Russia Scam Spotlights Technology Export Control

It reads like a spy novel. A dual U.S.-Russian citizen admitted to operating as an unauthorized agent of the Russian government and exporting leading-edge semiconductors for use by Russia’s military, Reuters reported. Alexander Fishenko, founder of Arc Electronics Inc., was among 11 people charged in 2012 in connection with what authorities said was an elaborate…

Cavium Names New COO

San Jose, Calif. — Cavium, Inc. (NASDAQ: CAVM), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, today announced that Raghib Hussain has been named Chief Operating Officer of Cavium. Mr. Hussain co-founded Cavium in 2000. He has served in various management and technology leadership roles since the inception…

Flip-Chip Technology Boosts Markets

Wellesley, Mass. – New levels of performance of electronics technology have been enabled by flip-chip technology, fueling the growth of global markets for semiconductors, electronic devices, and a host of industrial and consumer products. BCC Research reveals in its new report that increasing complexity of the architecture of chip design and fabrication is spurring this market’s exponential growth…

Global Semiconductor Sales Up Slightly in May

The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $26.0 billion for the month of May 2016, an increase of 0.4 percent compared to the previous month’s total of $25.9 billion, but a decrease of 7.7 percent compared to the May 2015 total of $28.1 billion. Month-to-month sales into all…

Cavium to Acquire QLogic

San Jose, Calif. – Cavium, Inc. (NASDAQ:CAVM) (“Cavium”), a leading provider of semiconductor products that enable intelligent processing for enterprise, data center, cloud, wired and wireless networking, and QLogic Corp. (NASDAQ:QLGC) (“QLogic”), a leading supplier of high performance networking infrastructure solutions, today announced that they have entered into a definitive agreement for Cavium to acquire all of the outstanding QLogic common stock…

NXP to Sell Standard Products Business for $2.75B

Eindhoven, Netherlands — NXP Semiconductors N.V. (NASDAQ:NXPI) today announced an agreement to divest its Standard Products business to a consortium of financial investors consisting of Beijing Jianguang Asset Management Co., Ltd (“JAC Capital”) and Wise Road Capital LTD (“Wise Road Capital”). Under the terms of the agreement the consortium will pay approximately $2.75 billion for the business. The transaction is expected to…

Global Semiconductor Sales Decrease in April

The Semiconductor Industry Association (SIA), representing U.S. leadership in semiconductor manufacturing, design, and research, today announced worldwide sales of semiconductors reached $25.8 billion for the month of April 2016, a decrease of 1.0 percent from last month’s total of $26.1 billion and 6.2 percent lower than the April 2015 total of $27.6 billion. All monthly sales numbers are compiled by the World Semiconductor…

Symmetry Electronics, Digi Sign Distribution Agreement

Symmetry Electronics, a global distributor specializing in the distribution of wireless and video embedded semiconductor products, and Digi International®, (NASDAQ: DGII, www.digi.com), a leading global provider of mission-critical machine-to-machine (M2M) and IoT connectivity products and services, today announced a global distribution agreement. As a result of this new agreement, design engineers around the world now have…