Finance

Toshiba will provide the battery for the UK’s first 2MW scale lithium-titanate battery based Energy Storage System (ESS) to support grid management. Toshiba’s 1MWh SCiB battery will be installed in a primary substation in September.

Micron had revenue of $3.98 billion and net income of $806 million for the three months to the end of May. It expects $4 billion to $4.2 billion revenues in the current quarter.

P2i, the nanotechnology firm specialising in waterproof coatings of smartphones, has secured a £5m funding package from Clydesdale Bank. The UK-based start-up recently launched a subsidiary office in China and its nano-coating systems are in client factories in five continents across 16 countries, including Argentina, America, Singapore and Australia. “We’ll be using the finance to further drive the expansion of our ...

SiC and GaN-on-Si can halve the energy loss in switched mode power supplies for PCs and can increase the efficiency of power electronics by a third, suggest  findings from the Euros 3.4 million NeuLandproject funded by the German Federal Ministry of Education and Research (BMBF).

The Prime Minister has joined the rest of us in getting fed up with ‘not-spots’ – areas where you can’t get a mobile phone signal.

Hynix will spend $3-3.8 billion on semiconductor capex and Samsung will spend $11.5 billion says Digitimes Research.

A prototype of Jack Kilby’s original IC failed to sell at Christie’s New York yesterday.

Reuters reports that the Apple iWatch will move into production at Quanta in July.

China’s massive investments in LED manufacturing capacity are paying off, with a Chinese company entering the top ranks of the global market for the first time ever, according to IHS Technology.

X-FAB Silicon Foundries has expanded its MEMS manufacturing capabilities in Erfurt and Itzehoe with two new dedicated MEMS fabs with cleanroom space totaling more than 2000 square metres.