Double-digit growth in global 300mm fab equipment spending for 2026 and 2027
Worldwide 300mm fab equipment spending is expected to increase 18% to USD 133 billion in 2026 and 14% to USD 151 billion in 2027, SEMI reports.
SUMCO shifts strategy from new fab to equipment upgrades
SUMCO Corporation has received approval from Japan’s Ministry of Economy, Trade and Industry (METI) for an amended version of its “Plan for Ensuring Stable Supply” under the Economic Security Promotion Act, the company announced on March 27, 2026.
iBase-t secures investment to advance digital manufacturing
The investment from TA will support iBase-t’s product innovation and expansion as aerospace and defense manufacturers scale production, modernize sustainment operations, and accelerate adoption of AI-enabled digital manufacturing technologies.
Matter partners with Iontra to boost AI-led battery intelligence
By embedding Iontra’s intelligence at the edge, Indian electric mobility company Matter enables faster and safer charging without hardware changes, improves reliability under demanding Indian conditions, and reduces lifetime ownership costs.
IQM secures €50M financing to accelerate global growth
This financing will accelerate the Finnish company’s technology roadmap, fuel R&D, support entry into additional markets.
Ann Fairchild named President and CEO of Siemens USA
Fairchild has been with Siemens for more than 25 years, most recently serving as general counsel for Siemens USA, overseeing legal, compliance, regulatory and intellectual property functions.
NX Germany opens Dresden branch to boost logistics
The state of Saxony, where Dresden is located, is known as one of Europe’s leading hubs for the semiconductor and other advanced technology industries, and it has attracted numerous global companies from these sectors.
ACME Solar commissions 155 MW BESS projects in India
Located in Rajasthan, these BESS are connected with existing operational Inter-State Transmission System and will run on merchant basis, generating additional revenue stream through price differential between peak and non-peak demand hours.
GALT announces strategic investment from Godspeed Capital
Headquartered in San Diego, GALT Aerospace is a provider of C3 solutions with core capabilities across airborne networking, multi-domain communications, radio/waveform integration, rapid prototyping, and systems engineering.
Volvo Group and Daimler Truck seek to bring Toyota into cellcentric
The Volvo Group, Daimler Truck and Toyota Motor Corporation are planning to jointly operate the fuel cell joint venture cellcentric. The move was outlined in a press release from AB Volvo dated March 31.
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