➀ Texas Instruments announced layoffs after receiving a $1.61 billion chip subsidy;

➁ The layoffs are part of a reform measure to support long-term operational plans, including job cuts at a factory near Tampa Bay Highway;

➂ Texas Instruments did not disclose the number of employees laid off, but said the figure was below the WARN Act notification threshold;

➃ The company received $9 billion for its Texas business and $7 billion for its Utah business as part of the $16.1 billion funding from the U.S. Department of Commerce;

➄ Despite the layoffs, Texas Instruments maintains its plan to build a second factory in Utah, but market concerns persist over the weakness of the analog chip market;

➅ Texas Instruments' fourth-quarter revenue was $4.01 billion, down about 2% year-on-year, and net profit was $1.205 billion, down 12% year-on-year;

➆ The company's embedded processing business revenue declined 18% year-on-year to $613 million, while other departments' revenue increased 7.3% year-on-year to $220 million.

➀ Power semiconductors, once a rising star with AI chips, are now facing challenges due to a slow EV market;

➁ Major players are reducing staff and delaying investments, with over 8,800 layoffs reported;

➂ The struggle is further compounded by the emerging competition from China.

➀ The global EV market growth has slowed down, leading to overcapacity in power semiconductors with inventory turnover days increasing by 18%.

➁ Major companies like Infineon, ON Semiconductor, STMicroelectronics, and Renesas are downsizing or adjusting jobs.

➂ Chinese manufacturers, such as BYD and Yue Xin Semiconductor, are launching new factories and producing high-performance products.

➃ Infineon initiates the 'Step Up' plan and Japanese companies invest jointly.

➄ China's market and AI become future bright spots for some companies.

➀ The global market growth of electric vehicles (EVs) is slowing down, leading to layoffs in the semiconductor industry.

➁ Infineon, the world's largest semiconductor power company, plans to lay off 1400 people and adjust the positions of another 1400.

➂ The rise of Chinese manufacturers, such as BYD, is also impacting the industry, with companies like Renesas Electronics delaying investments.

Microchip is planning to lay off 2,000 employees, representing 9% of its workforce, due to weak automotive demand. The company had previously announced the closure of its Arizona fab in Q3 2025, which would result in 500 job losses and annual cost savings of $90 million. This closure has now been brought forward to May. The current cuts will affect Microchip's facilities in Gresham, Oregon, Colorado Springs, and its backend operations in the Philippines, with annual savings of about $25 million. Costs of $30 million to $40 million related to severance payments and restructuring will be incurred, as well as $45 million for modifications and cancellations of foundry contracts. CEO Steve Sanghi, who took over from Ganesh Moorthy in November 2024, was Microchip's CEO for 30 years before the transition.

➀ Microchip Technology, a semiconductor manufacturer, is planning to lay off employees at its factories in Oregon and Colorado to cope with a decline in sales.

➁ The company's CEO, Steve Sanghi, stated that the company needs to take decisive measures to adjust its business due to the decline in revenue and inventory levels reaching 266 days.

➂ Microchip has already announced the closure of its Fab 2 factory in Arizona and is expected to save about $90 million in cash annually by the end of 2025.

➀ Muxi Integrated Circuit, a domestic GPU giant, has been rumored to be implementing a layoff plan involving about 20% of its employees (about 200 people) before its IPO to reduce costs and improve the chances of listing success.

➁ Muxi responded to the media, stating that the company regularly conducts personnel adjustment work to optimize personnel allocation, which includes the addition and reduction of personnel and is within the normal scope, not to increase the chances of listing as rumored in the market, and the rumored optimization ratio is also seriously inaccurate.

➂ Muxi, as a star domestic GPU company, has quickly completed four rounds of financing from angel round to A round within one year of its establishment, with a financing amount of tens of billions. Tianyancha shows that Muxi's last round of financing was on August 23, 2024, with investors including Pudong Capital, Shanghai Sci-Tech Fund, Hunan National Innovation Industry Investment, Jiajia Information, and Qixia Capital.

➀ Analog Devices plans to lay off 9% of its workforce, approximately 2,400 people, due to decreased demand and revenue.

➁ The company had 26,400 formal employees as of mid-February, and the layoffs are expected to save $105 million to $115 million annually.

➂ CEO Hassane El-Khoury is working to optimize financial scale while pushing for innovation to maintain competitiveness in the AI boom.

➀ Shanghai GPU unicorn MUXi is implementing a pre-IPO layoff plan, affecting around 200 employees, or about 20% of its workforce.

➁ The company has completed a financing round of 2 billion RMB and has started the A-share listing process.

➂ MUXi has secured several large orders, including an 850 million RMB order for its AI large model training and general-purpose computing GPU.

➀ NXP announced plans to lay off approximately 1,800 employees globally due to increased tariffs in the US and market pressures.

➁ The decision is not directly related to concerns about potential trade wars but is related to broader market conditions.

➂ NXP expects its workforce to 'slightly decrease', with the number of employees reduced no more than 5% globally.

➃ NXP's President and CEO Kurt Sievers commented on the company's performance in 2024, noting a 5% decline in revenue and a focus on managing growth strategies.

➄ NXP obtained a €1 billion loan from the European Investment Bank to accelerate semiconductor innovation.

➀ Analog Devices (ADI), a semiconductor manufacturer based in Massachusetts, has laid off thousands of employees globally and locally in 2024.

➁ As of November 2, 2024, ADI had approximately 24,000 employees, a decrease of 2,000 from the previous global employee count as of October 28, 2023, representing an 8% decrease.

➂ ADI's revenue for the fourth quarter was $2.443 billion, and for the fiscal year 2024, it was $9.43 billion, down 23% from the previous year. ADI expects revenue of $2.35 billion for the first quarter of fiscal year 2025.

➀ Guangzhou Huizhiwei Microelectronics Co., Ltd., a listed company on the Shanghai Stock Exchange, has been reported to start major layoffs with a 40% cut in research and development staff, with compensation following the N+1 formula.

➁ The company, founded in 2011, specializes in the design of RF frontend chips for smartphones and IoT, with its main business being the research, development, and sales of RF frontend chips and modules.

➂ The layoffs are mainly affecting the Shanghai office, with the广州 office to follow. The company is facing financial challenges, including a decline in gross margin and negative net interest.

➀ 3PEAK, a domestic analog IC listed company, announced the dissolution of its MCU team, impacting approximately 80 employees, including some former members of the 2022 TI China MCU R&D team.

➁ The dissolution involves DE, AE, PM, and related positions, with most DE transferred internally to signal chain and PMS product lines.

➂ The move has garnered widespread attention from investors and industry analysts, with many speculating on the reasons and potential impact on future investments.

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.

➀ Intel has begun laying off 1,300 workers from its Gordon Moore Park facility in Oregon.

➁ The layoffs are part of a broader plan to reduce the company's workforce by 15,000 workers globally.

➂ This represents over 5% of Intel's workforce at Gordon Moore Park.

➀ Hikvision is undergoing a large-scale organizational adjustment, reducing 32 research areas to 12, with over 1,000 employees expected to be laid off.

➁ The layoffs will include an N+2 compensation package.

➂ The company denies widespread layoffs, stating it is an adjustment in business strategy.

➃ Despite the denial, the company's performance has been slowing in recent years.

➄ In 2023, the company's revenue growth was only 7.4%, and net profit growth was around 10%.

➅ Hikvision has grown from a video technology company to an AIoT technology company over 20 years.