Global Semiconductor Sales Grow 5% in 2013

El Segundo, Calif. —Led by memory chip sales, global semiconductor revenue increased 5.0 percent in 2013, according to the latest research from IHS Technology. Total semiconductor revenue reached $318.1 billion in 2013, up from $303.1 billion in 2012. Last year’s growth “reversed the disappointing 2.4 percent loss of 2012, when revenue contracted from $310.6 billion in 2011,”…

Flex PCB Market Set to Grow

Rising labor costs in China as well as currency appreciation hurt the nation’s domestic flexible printed circuit board industry last year, according to the “Global and China FPCB (Flexible Printed Circuit Board) Industry Report.”  The overall market will continue to grow: the global flexible printed circuit board (FPCB) market is valued at $1.321 billion with…

Sony U.S. Cuts Jobs; Closes Stores

Sony Electronics today announced plans to restructure its organization to maintain its competitiveness in an evolving consumer electronics market. In line with Sony Corporation’s Feb. 6 earnings announcement outlining an estimated headcount reduction of roughly 5,000 employees globally, Sony Electronics confirmed a total staff reduction of one-third by the end of the calendar year, affecting…

Sony Completes Buy of Renesas Fab

Renesas Electronics Corporation (“Renesas Electronics”, TSE: 6723) and Sony Corporation (“Sony”, TSE: 6758) today announced that they have signed a definitive agreement to transfer a semiconductor manufacturing facility and related equipment (the “Asset Transfer”) at the Tsuruoka Factory (12-inch front-end wafer fabrication line of the semiconductor production facility) of Renesas Yamagata Semiconductor Co., Ltd. (“Renesas…