SEMI

Opinion: Intel Surpasses First 2030 Goal: $2 Billion in Diverse Supplier Spending

Retrieved on: 
Thursday, May 11, 2023
Software, Supply Chain Management, Internet, Professional Services, Hardware, Data Management, Technology, Semiconductor, DEI (Diversity, Equity and Inclusion), Retail, Transport, Logistics, SEMI, Multimedia, Supplier, Working Group, Editorial, Non-governmental organization, Policy, Credit, Internal, SD, MOD, Renewable energy, Forestry, Intel

(Credit: Intel Corporation)

Key Points: 
  • (Credit: Intel Corporation)
    Three years ago, Intel announced a goal to increase global annual spending with diverse suppliers to $2 billion by 2030.
  • We are proud to announce we reached $2.2 billion in diverse supplier spending in 2022, eight years ahead of schedule.
  • We encouraged these suppliers to create their own supplier diversity programs and to report their spending with diverse subcontractors working on Intel contracts by incentivizing them with supplier scorecard points, which are prerequisites for prestigious Intel supplier awards.
  • For our larger contracts where there aren’t diverse supplier options at the scale or expertise required, we include diverse spending expectations in negotiations.

Resilinc Receives Strategic Growth Investment from Vista Equity Partners

Retrieved on: 
Monday, May 8, 2023
Vista Equity Partners, LLP, Senior, Kirkland & Ellis, Health care, United States Department of Defense aerospace vehicle designation, SEMI, Nixon Peabody, Organization, Stellantis, Algorithm, Snowflake, Growth, Weather, ESG, Keysight, News, Australian High Tech Crime Centre, Legislation, Software, Fine chemical, Management, Automotive industry

MILPITAS, CA, May 08, 2023 (GLOBE NEWSWIRE) -- Resilinc , a leading supply chain mapping, disruption sensing, and resiliency analytics company, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.

Key Points: 
  • MILPITAS, CA, May 08, 2023 (GLOBE NEWSWIRE) -- Resilinc , a leading supply chain mapping, disruption sensing, and resiliency analytics company, today announced a strategic growth investment from Vista Equity Partners (“Vista”), a leading global investment firm focused exclusively on enterprise software, data, and technology-enabled businesses.
  • Resilinc will use the growth capital to accelerate product innovation, talent, and go-to-market functions to meet the growing demand for more resilient, sustainable, secure, and transparent supply chains.
  • “Resilinc and Vista share the same vision of making global supply chains more resilient.
  • The investment in Resilinc was made by Vista’s Endeavor Fund, which provides growth capital and strategic support to market-leading, high-growth enterprise software, data, and technology-enabled companies that have achieved at least $10 million in recurring revenue.

TXOne Applauded by Frost & Sullivan for Preventing Potential Losses to the OT Environment and Its Competitive Strategies

Retrieved on: 
Thursday, May 4, 2023
OT, Network, Internet of things, Intelligence, SEMI, ICS, Organization, PUA, SAN, Environment, Frost, Materials International Space Station Experiment, Safety, Bank, Risk management

SAN ANTONIO, May 3, 2023 /PRNewswire/ -- Frost & Sullivan recently assessed the operational technology (OT) security industry and, based on its findings, recognizes TXOne with the 2023 Taiwan Competitive Strategy Leadership Award. The company offers zero-trust framework-based OT cybersecurity solutions that go beyond the traditional OT security approaches adopted by other Taiwan OT security players, ensuring the reliability and safety of industrial control systems (ICS) and OT environments. Its ICS-native solutions help protect the asset life cycle across applications, equipment, control, and network in the OT environment. TXOne Networks applies a "never trust, always verify" approach at every stage of the onboarding process and protects critical assets to secure OT environments and reduce threats.

Key Points: 
  • SAN ANTONIO, May 3, 2023 /PRNewswire/ -- Frost & Sullivan recently assessed the operational technology (OT) security industry and, based on its findings, recognizes TXOne with the 2023 Taiwan Competitive Strategy Leadership Award .
  • The company offers zero-trust framework-based OT cybersecurity solutions that go beyond the traditional OT security approaches adopted by other Taiwan OT security players, ensuring the reliability and safety of industrial control systems (ICS) and OT environments.
  • Its ICS-native solutions help protect the asset life cycle across applications, equipment, control, and network in the OT environment.
  • With its strong overall performance, TXOne Networks earns Frost & Sullivan's 2023 Taiwan Competitive Strategy Leadership Award in the OT security industry.

TXOne Applauded by Frost & Sullivan for Preventing Potential Losses to the OT Environment and Its Competitive Strategies

Retrieved on: 
Thursday, May 4, 2023
OT, Network, Internet of things, Intelligence, SEMI, ICS, Organization, PUA, SAN, Environment, Frost, Materials International Space Station Experiment, Safety, Bank, Risk management

SAN ANTONIO, May 4, 2023 /PRNewswire/ -- Frost & Sullivan recently assessed the operational technology (OT) security industry and, based on its findings, recognizes TXOne with the 2023 Taiwan Competitive Strategy Leadership Award. The company offers zero-trust framework-based OT cybersecurity solutions that go beyond the traditional OT security approaches adopted by other Taiwan OT security players, ensuring the reliability and safety of industrial control systems (ICS) and OT environments. Its ICS-native solutions help protect the asset life cycle across applications, equipment, control, and network in the OT environment. TXOne Networks applies a "never trust, always verify" approach at every stage of the onboarding process and protects critical assets to secure OT environments and reduce threats.

Key Points: 
  • SAN ANTONIO, May 4, 2023 /PRNewswire/ -- Frost & Sullivan recently assessed the operational technology (OT) security industry and, based on its findings, recognizes TXOne with the 2023 Taiwan Competitive Strategy Leadership Award .
  • The company offers zero-trust framework-based OT cybersecurity solutions that go beyond the traditional OT security approaches adopted by other Taiwan OT security players, ensuring the reliability and safety of industrial control systems (ICS) and OT environments.
  • Its ICS-native solutions help protect the asset life cycle across applications, equipment, control, and network in the OT environment.
  • With its strong overall performance, TXOne Networks earns Frost & Sullivan's 2023 Taiwan Competitive Strategy Leadership Award in the OT security industry.

Resilinc Partners with SEMI on Supply Chain Resilience Initiatives Across the Semiconductor Value Chain

Retrieved on: 
Tuesday, May 2, 2023
Partnership, Electronics, Initiative, SEMI, SCM, Retail

Through the partnership, Resilinc will collaborate with SEMI to provide its more than 2,500 members with resources for achieving greater supply chain visibility and transparency and ultimately enhance the resilience of the entire semiconductor value chain.

Key Points: 
  • Through the partnership, Resilinc will collaborate with SEMI to provide its more than 2,500 members with resources for achieving greater supply chain visibility and transparency and ultimately enhance the resilience of the entire semiconductor value chain.
  • Resilinc sees great alignment with SEMI’s goals when it comes to embracing supply chain visibility and is thrilled to be collaborating on best practices and insights in support of its supply chain resilience initiatives, including acting as a strategic partner to the SEMI Supply Chain Management (SCM) Initiative ,” said Resilinc CEO & co-founder, Bindiya Vakil. "
  • With over 10 years of supply chain risk monitoring and supplier insights, including 95% of the high-tech supply chain mapped, down to the supplier, sub-tier, part-site, and commodity level, Resilinc offers unmatched visibility into the entire semiconductor supply chain ecosystem.
  • Armed with this type of information, companies are better equipped to navigate today’s volatile environment and achieve supply chain resilience.

Interlink Electronics, Inc. Announces Dr. Sreeni D. Rao to Head Gas, Environmental & Air Quality Sensors Division

Retrieved on: 
Monday, May 1, 2023
Semiconductor, University, Engineering, Head, Interlink, Electrical engineering, KWJ, Analog Devices, Marketing strategy, Electronics, SEMI, Doctor of Philosophy, Marketing, Computer, Interlink Electronics, Gas, SPEC, MEMS, Biophysical environment, Growth, Panasonic, Management, Northeastern University

IRVINE, Calif., May 1, 2023 /PRNewswire/ -- Interlink Electronics, Inc. (NASDAQ: LINK), a world-leading trusted technology partner in the rapidly advancing world of human-machine interface devices, sensors, membrane switches and other cutting-edge technologies, is pleased to announce the appointment of Dr. Sreeni Rao, PhD, as General Manager of the company's Gas, Environmental and Air Quality Sensing Division, consisting of the SPEC Sensors and KWJ Engineering operations that the company acquired in December 2022. 

Key Points: 
  • Dr. Rao has over 25 years' of technical and business leadership experience in sensors, semiconductors and printed circuits with premier technology companies.
  • He served most recently as Head of Gas and Environmental Sensors and Senior Director of Strategic Marketing for TDK Inc. since 2017.
  • "We believe this area has tremendous potential for growth and we are committed to investing the necessary resources."
  • "I am thrilled to join the team at Interlink Electronics, a company with great leadership and vision," said Dr. Rao.

Virtual Reality Market to Reach $87.0 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, April 26, 2023
Component, Virtual reality, Education, Meta Platforms, Internet, Oculus Quest, SEMI, Research, USD, HMD, VR, Application, SAN, Semi, Immersion, Hardware, GTD, Growth, Environment, Revenue, Video game, Software

SAN FRANCISCO, April 26, 2023 /PRNewswire/ -- The global virtual reality market size is expected to reach USD 87.0 billion by 2030, growing at a CAGR of 13.8% from 2023 to 2030, according to a new study by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, April 26, 2023 /PRNewswire/ -- The global virtual reality market size is expected to reach USD 87.0 billion by 2030, growing at a CAGR of 13.8% from 2023 to 2030, according to a new study by Grand View Research, Inc.
  • Additionally, internet penetration in the form of high-speed 5G networks has positively impacted the adoption of virtual reality technology due to fast and low-latency internet connections.
  • Read 300 page market research report for more latest insights, " Virtual Reality Market Size, Share & Trends Analysis Report By Technology (Semi & Fully Immersive, Non-Immersive), By Device (HMD, GTD), By Component (Hardware, Software), By Application, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • Grand View Research has segmented the global virtual reality market based on device, technology, component, application, and region:
    Virtual Reality Market - Device Outlook (Revenue, USD Million, 2018 - 2030)

Virtual Reality Market to Reach $87.0 Billion by 2030: Grand View Research, Inc.

Retrieved on: 
Wednesday, April 26, 2023
Component, Virtual reality, Education, Meta Platforms, Internet, Oculus Quest, SEMI, Research, USD, HMD, VR, Application, SAN, Semi, Immersion, Hardware, GTD, Growth, Environment, Revenue, Video game, Software

SAN FRANCISCO, April 26, 2023 /PRNewswire/ -- The global virtual reality market size is expected to reach USD 87.0 billion by 2030, growing at a CAGR of 13.8% from 2023 to 2030, according to a new study by Grand View Research, Inc.

Key Points: 
  • SAN FRANCISCO, April 26, 2023 /PRNewswire/ -- The global virtual reality market size is expected to reach USD 87.0 billion by 2030, growing at a CAGR of 13.8% from 2023 to 2030, according to a new study by Grand View Research, Inc.
  • Additionally, internet penetration in the form of high-speed 5G networks has positively impacted the adoption of virtual reality technology due to fast and low-latency internet connections.
  • Read 300 page market research report for more latest insights, " Virtual Reality Market Size, Share & Trends Analysis Report By Technology (Semi & Fully Immersive, Non-Immersive), By Device (HMD, GTD), By Component (Hardware, Software), By Application, By Region, And Segment Forecasts, 2023 - 2030 ", published by Grand View Research.
  • Grand View Research has segmented the global virtual reality market based on device, technology, component, application, and region:
    Virtual Reality Market - Device Outlook (Revenue, USD Million, 2018 - 2030)

Noel Technologies Ramps Capacity at Silicon Valley Fab

Retrieved on: 
Monday, April 17, 2023
Technology, Engineering, Semiconductor, Manufacturing, Business development, Original equipment manufacturer, SEMI, Multimedia, College of Engineering (KNUST), Campbell, Organization, Plasma, Investment, Lam Research, MEMS, Growth, Silicon, IDMS, Calibration

Pure Wafer is America’s number one supplier of silicon wafer reclaim solutions and services and the exclusive worldwide seller of films for Lam Research Corporation.

Key Points: 
  • Pure Wafer is America’s number one supplier of silicon wafer reclaim solutions and services and the exclusive worldwide seller of films for Lam Research Corporation.
  • Significant new investments in tools sets and clean room space at Noel Technologies’ Campbell fab are designed to meet increased demand from US semiconductor makers and their OEMs as well as support a sharp growth in demand for its MEMS and bioengineering development services.
  • View the full release here: https://www.businesswire.com/news/home/20230413005824/en/
    Since 1996, Noel Technologies has served as an extension of semiconductor companies’ R&D organizations and their efforts to bring novel development and prototyping to market.
  • Noel Technologies specializes in delivering process development optimization solutions for fabless semiconductor companies and OEMs.

Global Semiconductor Equipment Billings Reach Industry Record $107.6 Billion in 2022, SEMI Reports

Retrieved on: 
Wednesday, April 12, 2023
SEMI, Investment, Growth, Worldwide, Semiconductor

MILPITAS, Calif., April 12, 2023 /PRNewswire/ -- Worldwide sales of semiconductor manufacturing equipment increased 5% from $102.6 billion in 2021 to an all-time record of $107.6 billion last year, SEMI, the industry association representing the global electronics design and manufacturing supply chain, reported today.

Key Points: 
  • MILPITAS, Calif., April 12, 2023 /PRNewswire/ -- Worldwide sales of semiconductor manufacturing equipment increased 5% from $102.6 billion in 2021 to an all-time record of $107.6 billion last year, SEMI, the industry association representing the global electronics design and manufacturing supply chain, reported today.
  • For the third consecutive year, China remained the largest semiconductor equipment market in 2022 despite a 5% slowdown in the pace of investments in the region year over year, accounting for $28.3 billion in billings.
  • After robust growth in 2021, assembly and packaging equipment sales decreased 19% last year while total test equipment billings contracted 4% year over year.
  • Compiled from data submitted by members of SEMI and the Semiconductor Equipment Association of Japan (SEAJ), the WWSEMS Report is a summary of the monthly billings figures for the global semiconductor equipment industry.