Huawei’s Q1 revenues were up 39% at $26.81 billion for a net profit of ‘around’  8%. Huawei says it has signed 40 contracts with telcos to supply 5G equipment and has shipped 75,000 base stations. By the end of the month it expects to have shipped 100,000. Q1 network equipment sales rose 15%.  Q1 consumer ...

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ON Semiconductor has bought  GloFo’s East Fishkill 300mm fab for $430 million, of which $100 million has been paid at signing of the definitive agreement, and $330 million will be paid at the end of 2022, after which ON Semiconductor will gain full operational control of the fab, and the site’s employees will transition to ON ...

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