Supply Chain Cost Pressures Mount, ST Third Price Hike of 2026
On July 23, 2026, ST officially issued its third price increase notification of the year, announcing that prices across multiple product lines will be raised effective August 23, 2026. The company had previously released price adjustment notices at the end of March and May, with effective dates of A...
Amkor Plans Spin-off of China Packaging and Testing Business
Amkor Technology, the world's second-largest semiconductor packaging and testing company, is planning a major strategic restructuring—proposing to spin off its China-based packaging and testing operations and sell a majority stake in the regional assets. Amkor's China business is valued at a...
Accelerated Exit: Nokia to Close Hangzhou R&D Center
In August, Nokia announced plans to close its R&D center in Hangzhou, involving the layoff of approximately 1,600 employees. This marks a new phase in Nokia's strategic contraction in China, moving from the layoff of 2,000 employees two years ago to the complete shutdown of the R&D cente...
IBM and Together AI Sign $240 Million Agreement
On August 11, 2026, IBM and Together AI officially signed a multi-year cooperation agreement worth $240 million. The two parties will deploy a large-scale AI computing cluster on IBM Cloud, dedicated to inference services for open-source AI models. The cluster is expected to go live in Q1 2027.Strat...
Intel Raises $15 Billion to Accelerate Chip Manufacturing
On August 10, Intel announced plans for an underwritten public offering of $15 billion in common stock to strengthen its financial position and support future business expansion. The offering is jointly led by JPMorgan, Goldman Sachs, Morgan Stanley, and Citigroup as bookrunners, with underwriters g...
Teledyne to Acquire Varex Imaging for $1.1 Billion
On August 10, 2026, Teledyne Technologies Incorporated and Varex Imaging Corporation jointly announced that they have entered into a definitive acquisition agreement. Teledyne will acquire all outstanding shares of Varex in an all-cash transaction at $18.90 per share, representing a total transactio...
SK Hynix Invests 54 Trillion Won to Expand Yongin Y2 and Cheongju M17 Fabs
On August 7, SK Hynix announced a new fab investment plan totaling 54 trillion won, with 35.2 trillion won allocated to the Yongin Y2 facility and 19.1 trillion won to the Cheongju M17 facility. According to Omdia forecasts, the global DRAM and NAND flash memory market is expected to grow at a compo...
