Recent #Cost Reduction news in the semiconductor industry

3 months ago

➀ Silicon carbide (SiC) offers significant technical advantages for power electronics, but its cost remains a barrier to market penetration. The Fraunhofer Institutes are developing key technologies to reduce material losses and device thickness while increasing the thermomechanical stability of SiC chips.

➁ The ThinSiCPower project aims to produce cost-effective SiC substrates and thinner SiC chips using more resource-efficient processing technologies, such as laser separation of SiC crystals and bonding onto a carrier substrate.

➂ The project partners are Fraunhofer ISE, ENAS, IWM, and IISB, with the goal of reducing SiC device costs by 25% and SiC design costs by 25% through increased load cycle stability.

Cost ReductionFraunhoferGermanyResearch ProjectTechnology Developmentenergy efficiencyinnovationmaterial sciencesemiconductor
3 months ago

The article discusses the development of cost-effective silicon carbide (SiC) power electronics through research projects like ThinSiCPower. It highlights the advantages of SiC over traditional silicon, emphasizing the need for reducing costs and improving thermal-mechanical stability. The project focuses on creating thin SiC chips and cost-effective substrates without the need for sawing and grinding, aiming to accelerate the market penetration of efficient SiC power electronics.

Cost ReductionFraunhoferGermanyResearch ProjectSiCinnovationmaterial sciencepower electronicssemiconductor
7 months ago

➀ Nokia is laying off nearly 2,000 employees in Greater China, accounting for about 20% of its workforce in the region, and plans to cut another 350 jobs in Europe to reduce costs.

➁ The company's sales in China have been declining in recent years as domestic communication manufacturers have grown, leading to a reduction in contract numbers with major Chinese operators.

➂ Nokia's CEO Pekka Lundmark said the company would not cut costs at the expense of research and development output and was pleased with the speed of cost reduction.

Cost ReductionLayoffsNokia
10 months ago
1. The steel industry is facing significant challenges with falling prices and economic uncertainty, affecting global producers like Cleveland-Cliffs. 2. Despite the downturn, Cleveland-Cliffs is making strategic moves, including the acquisition of Stelco, to strengthen its market position. 3. These efforts, alongside cost-cutting and debt reduction, could lead to significant long-term gains, though the investment carries inherent cyclical risks.
Cost ReductionSteel IndustryStrategic M&A