What are the areas covered this week? There’s Intel investing $3.5 billion in packaging technology, Samsung becoming the leading semiconductor producer, EV solid state batteries, Raytheon’s first quarter results and ST declaring the EU chip efforts to be “marginal to our activity”…
5. Intel to put $3.5bn into packaging
Intel will invest $3.5 billion in packaging technology at its Rio Rancho, New Mexico plant. The plant employs about 1,800 workers and will be retooled to deliver Foveros packaging technology. Intel currently develops and produces its EMIB packaging technology, silicon photonics products, and Optane media at Rio Rancho. The current investment does not include Optane which utilises 3D XPoint technology – the much maligned phase-change memory technology.
4. Samsung to regain No.1 semi slot in Q2
Driven by a resurgent memory market and relatively flat sales results from Intel, IC Insights believes that Samsung will again replace Intel as the leading semiconductor producer beginning in 2Q21. Moreover, Intel is guiding its full-year 2021 sales to be down 1% as compared with 2020. With the DRAM market on the rise and the NAND flash market forecast to gain momentum in the second half of the year, it appears likely that Samsung will once again position itself at the #1 semiconductor supplier for the full year as well.
3. Solid state batteries for EVs are a decade away
The first volume applications of solid state batteries are expected in the field of e-mobility, says Yole Developpement, the solid-state battery commercialisation will start in 2025 to reach about 2.36 GWh in 2027. As yet there is no clear winner in solid-state battery technology regarding the electrolyte type, cell design, and manufacturing process with multiple technology approaches available in the industry. EV makers remain the key driving force for solid-state batteries.
2. Raytheon Intelligence & Space boosts quarterly results
Raytheon Technologies, the aerospace and defence specialist, has reported its first quarter 2021 results, posting revenues of $15.3 billion with an earning per share of $0.90. Raytheon Technologies chief executive officer Greg Hayes commented: “Raytheon Technologies delivered strong first quarter results with sales, adjusted EPS and free cash flow that were above our initial expectations, giving us the confidence to increase the low end of our sales and adjusted EPS outlook.” It was also notable for being the first full year since the merger that formed the company was completed, in April 2020.
1. ST says it’s not joining EU chip effort
ST CEO Jean-Marc Chery has welcomed the EU’s initiative to give the EU a leading edge capability in semiconductors and to gain 20% world market share, but says that ST will not be joining in the effort. “We see this in a positive way,” Chery told BFM Business referring to the EU initiative, “it will lead to competition in advanced technologies in Europe.” Chery added: “If it is on advanced technologies, there is no reason to to be part of it. It is marginal to our activity.”