Let’s take them in reverse order…
5. Sondrel adds outsourced engineering service
Sondrel is offering customers a solution to their shortage of engineers in the form of its Outsourced Design Teams (ODT) service. Engagements can be as simple as one engineer for a few weeks to a complete team of, say, a dozen for many months. “It’s really difficult finding skilled engineers at the iii-1-150×150.jpgmoment especially for Design and Verification,” says Sondrel’s Psul Martin, “a whole chip project could be at risk of falling behind schedule due to a skills shortage that could have severe financial repercussions.
4. Black Semiconductor raises €254m for graphene ICs
Black Semiconductor, the four year-old German startup pursuing graphene ICs, has secured €228.7 million from the German Ministry of Economic Affairs and Climate Action and the state of North Rhine-Westphalia over the next 7 years under the EU support structure IPCEI ME/CT. Alongside the public funding, Black Semiconductor has raised €25.7 million in equity funding. The round was led by Porsche Ventures and Project A Ventures, with participants which include Scania Growth, Capnamic and Hermann Hauser’s Onsight Ventures.
3. Raspberry Pi IPO looking good
Raspberry Pi has set a price for its IPO which will value the company at about £542 million. In pre-offer ‘conditional dealing’ for institutions the price per share rose by a third over the offer price to 380p. Open trading starts on Friday. The offer, worth £166 million represents about 30.7% of the company’s shares and will raise about £31.4 million.
2. April semi sales up 15.8% y-o-y, says SIA
April chip sales were up 15.8% y-o-y and 1.1% m-o-m at $46.4 billion compared to thebApril 2023 total of $40.1 billion, says the SIAm which forecasts a 16.0% arket rise in 2024 and 12.5% in 2025. “The global semiconductor industry posted double-digit sales increases on a year-to-year basis during each month of 2024, and worldwide sales in April increased on a month-to-month basis for the first time this year, indicating positive market momentum as we approach the middle of the year,” says the SIA CEO John Neuffer.
1. Intel delays Fab 38
Intel has delayed Fab 38 in Kiryat Gap, Israel, reports Calcalist. “Israel continues to be one of our key global manufacturing and R&D sites and we remain fully committed to the region,” says Intel, “managing large-scale projects, especially in our industry, often involves adapting to changing timelines. Our decisions are based on business conditions, market dynamics and responsible capital management.” The Israeli government awarded Intel a $3.2 billion subsidy to build the $25 billion fab.
