SHENZHEN – ASMPT will close its Advanced Semiconductor Equipment (Shenzhen) facility in Bao’an District, affecting about 950 employees as part of a strategic restructuring of its China operations.
VADODARA – Aimtron Electronics reported 85% year-over-year revenue growth for the first quarter, reaching ₹43.30, while its order book surged by 222% to ₹419.50. Aimtron attributed its performance to strong domestic and international demand, particularly in sectors like network security, green energy, industrial IoT and AI.
WASHINGTON – The Semiconductor Industry Association (SIA) issued a statement in response to President Trump’s announcement of a proposed 100% tariff on computer chips. SIA president and CEO John Neuffer emphasized the importance of maintaining US competitiveness amid the industry's $630 billion investment across 28 states.