Akash Systems Secures $18 Million for Semiconductor Plant
In a significant development for the U.S. semiconductor industry, Akash Systems, a California-based company, has secured funding of up to $18.2 million from the U.S. Commerce Department. This investment will enable the construction of a 40,000-square-foot cleanroom facility in West…
Concerns Over Nationalism in Chipmaking: Insights from European CEOs
In a recent conference held in Munich, the chief executives of Europe’s leading semiconductor companies expressed alarming concerns about the rising tide of nationalist policies impacting the chipmaking industry. As major players in the sector, CEOs from Infineon, STMicroelectronics, and…
GlobalWafers Optimistic About CHIPS Act Stability Under Trump Administration
As the semiconductor industry faces increased scrutiny and competition globally, Taiwan’s GlobalWafers has expressed hopeful anticipation regarding the continuity of the CHIPS Act under the incoming Trump administration. The CHIPS (Creating Helpful Incentives to Produce Semiconductors for America) Act aims…
Xometry’s Record-Setting Q3: AI-Driven Marketplace Fuels Growth
In the dynamic world of digital manufacturing, Xometry Inc. stands out as a remarkable success story, recently reporting record quarterly revenue driven by its innovative AI-powered marketplace. The company’s robust performance can be attributed to its ability to connect buyers…
The CHIPS Act: A Crucial Investment for America's Future
In the ever-changing landscape of modern technology, few pieces of legislation have proven as vital as the CHIPS and Science Act. Signed into law in August 2022, this act was designed to bolster the United States’ semiconductor manufacturing capabilities by…
Protolabs Restructures Sales Operations for Enhanced Global Reach
In August, Protolabs, a pioneer in digital manufacturing, took a bold step to restructure its sales operations with the aim of better serving customers worldwide. According to President and CEO Rob Bodor, this strategic reorganization is centered on leveraging its…
Social Media-Savvy 'Changerdai' Reshape China's Manufacturing Industry
In China, a fresh wave of young factory owners, known as “Changerdai,” is transforming the traditional manufacturing landscape. These second-generation entrepreneurs are harnessing the power of social media platforms to connect directly with international buyers, moving away from the conventional…
Brazil's Collective Defense Institute Sues Meta, TikTok, and Kwai Over Youth Safety
In recent developments, Brazil’s Collective Defense Institute has initiated lawsuits against the Brazilian branches of Meta, TikTok, and Kwai, seeking an astounding 3 billion reais, equivalent to approximately $525 million. The lawsuits accuse these tech giants of failing to adequately…
Dawn Foods Names SVP, Supply Chain & Procurement for North America
Global bakery manufacturer and ingredient distributor Dawn Foods has announced the promotion of Ahmet Hepdogan to Senior Vice President of Supply Chain and Procurement for North America. This strategic appointment is aimed at enhancing operational efficiencies and improving customer service…
New Import Rules Aim to Boost India’s PC Manufacturing
India is set to introduce new restrictions on the import of laptops, tablets, and personal computers starting in January, marking a significant step towards enhancing domestic manufacturing and lessening its reliance on foreign products. This initiative has the potential to…
