SMIC shares soar 245%; raises $6.6bn

SMIC shares soared 245% on the Shanghai STAR market earlier today as SMIC issued 1,685,620,000 shares raising $6.62 billion. Before the sale it was said that China’s state-run funds would be buying in the share sale. The money raised is said to be going into process improvement. SMIC’s best process is 14nm. However SMIC warned ...

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Government looks for more cyber protection for smart devices

The government has today published proposals for a new law that will help protect smart device users from cyber criminals. The proposals, drawn up by the Department for DCMS and supported by the NCSC, detail the government’s plans to raise the security standard for all consumer smart products sold in the UK. As a first ...

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Bizen transistor commercialisation expedited

The commercialisation of Bizen, the transistor being productised by Search For The Next (SFN) of Nottingham, is set to benefit from investment in new process equipment which will expedite its development. One wafer run is being produced every month by manufacturing ally, Semefab, and initial analysis is very positive for both power and digital circuits. ...

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ASML Q2 revenues leap 35%

ASML had Q2 revenues up 35% sequentially at €3.3 billion for a profit of €800 million and a gross margin of 48.2%. “Our second-quarter sales came in at €3.3 billion, a strong growth of over 35% compared to Q1. The gross margin came in at 48.2%, a significant improvement compared to Q1, primarily due to ...

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Power Integrations automotive dc-dc chip for emergency inverter power

Power Integrations is aiming at automotive motor drive safety power supplies with a custom version of its InnoSwitch3 power converter chip. These supplies, also known as emergency PSUs or back-up PSUs in the automotive world, according to Power Integrations’ product marketing manager Edward Ong, are necessary for the main traction inverter to pass ISO26262 functional safety ...

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BioAsteroid launches Edinburgh University into biomining experiment

The University of Edinburgh is joining forces with Kayser Space, under the auspices of the UK Space Agency (UKSA), to carry out experiments around astroid mining. Dubbed BioAsteroid, the biomining experiment will use a collection of 12 automatic culturing devices fitted with a layer of material on which the bacteria will be grown in the ...

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Apple wins case against Irish €13bn back tax order

The EC order that Apple pay €13 billion to Ireland has been over-ruled by the EU’s General Court. The EC can now appeal the decision to the ECJ. The case arose from the very low tax rate which Ireland imposed on Apple. The EC argued that the low tax rate amounted to illegal state aid. ...

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Graphcore delivers world’s most complex processor

Graphcore, the Bristol AI processor company which has raised over $450 million in funding, has announced the second generation of its flagship IPU chip, the GC200. With 59.4 billion transistors on a single 823sqmm die, Graphcore claims it is the most complex processor ever made. It is made on TSMC’s 7nm process and integrates 1,472 ...

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Teleydyne Imaging technology central to ESA Copernicus missions

More details have emerged about UK involvement in two ESA Copernicus missions: Teledyne will supply infrared detectors and and NIR CMOS and CCD sensors to the Earth Observation missions. The two missions – CHIME and CO2M – incorporate image sensors at the heart of the planned instruments and they will use Teledyne Imaging’s technology. CHIME ...

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