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Wolfspeed appoints executives to strengthen leadership team
Wolfspeed Inc of Durham, NC, USA — which makes silicon carbide (SiC) materials and power semiconductor devices — has appointed two executives to strengthen its leadership team and support its continued growth and engagement with customers, investors and stakeholders, as the firm accelerates global expansion, deepens engagement with policymakers and advances its long-term growth strategy...
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AOI awarded $20.9m Texas Semiconductor Innovation Fund grant
Applied Optoelectronics Inc (AOI, a designer and manufacturer of optical and hybrid fibre-coaxial networking products for AI data centers, cable TV and broadband fiber access networks) has been awarded a Texas Semiconductor Innovation Fund (TSIF) grant for $20,852,518 to support its manufacturing expansion plans in Sugar Land, Texas...
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IQE raises £81m, including £45m from MACOM long-term supply agreements
Epiwafer and substrate maker IQE plc of Cardiff, Wales, UK has announced a strategic investment from customer MACOM Technology Solutions Inc of Lowell, MA, USA, and other existing shareholders, raising gross cash proceeds of about £81m...
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OpenLight secures $50m in Series A-1 funding, boosting total raised to $84m
Photonic application-specific integrated circuit (PASIC) chip designer and manufacturer OpenLight of Goleta, Santa Barbara, CA, USA (which launched as an independent company in 2022, introducing the first open silicon photonics platform with heterogeneously integrated III-V lasers, modulators, amplifiers and detectors) has raised an additional $50m in a Series A-1 round. Including the $34m Series A funding secured in August 2025, total funding is now $84m...
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onsemi and Geely expand collaboration to support next-gen 900V EV architectures
Intelligent power and sensing technology firm onsemi of Scottsdale, AZ, USA and China-based Geely Auto Group Co Ltd have expanded their global strategic collaboration aimed at accelerating the development of next-generation electric and hybrid vehicles. The partnership deepens system-level integration of onsemi’s EliteSiC silicon carbide technologies across Geely’s vehicle platforms to drive faster, more efficient EV development...
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Seoul Viosys expanding business beyond components to data-interconnect transceivers
Opto-semiconductor device maker Seoul Viosys Co Ltd (SVC, a subsidiary of South Korean LED maker Seoul Semiconductor Co Ltd) is accelerating its entry into the next-generation photonics market supported by its proprietary ‘No-wire’ and ‘No-package’ fundamental patents — essential technologies for micron (μm)-scale miniaturization of opto-semiconductors — as well as its vertical-cavity surface-emitting laser (VCSEL) technology...
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Beijing Intellectual Property Court upholds validity of Innoscience’s GaN patents
China-based Innoscience (Suzhou) Technology Holding Co Ltd, which manufactures GaN-on-silicon power chips on 8” silicon wafers says that it has received two favorable judgments from the Beijing Intellectual Property Court in patent administrative litigation cases. The court fully upheld the validity of Innoscience’s two core invention patents related to gallium nitride (GaN) technology and rejected the invalidation requests of Infineon Technologies AG of Munich, Germany...
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Aeluma appoints Willy Rachmady as VP of strategic partnerships and ecosystem
Aeluma Inc of Goleta, CA, USA has appointed Willy Rachmady Ph.D. as its VP of strategic partnerships and ecosystem, reporting directly to president & CEO Jonathan Klamkin Ph.D. He will lead foundry and ecosystem partnerships, customer engineering, and the firm’s technology commercialization strategy spanning silicon photonics and compound semiconductor platforms...
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Indium Corp gains $3.2m DOE TRACE-Ga grant to establish domestic high-purity gallium recovery
Indium Corp of Clinton, NY, USA (a supplier of refined gallium, germanium, indium and other specialty technology metals) has been awarded a $3.2m grant by the U.S. Department of Energy’s (DOE) Office of Critical Minerals and Energy Innovation (CMEI) to develop a domestic process for recovering high-purity gallium from manufacturing by-products — a critical step toward establishing a secure, domestic supply chain for a material essential to modern defense systems, semiconductors, and advanced electronics...
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onsemi and NIO expand collaboration to accelerate transition to next-gen 900V EV platforms
Intelligent power and sensing technology firm onsemi of Scottsdale, AZ, USA has announced an expanded strategic collaboration with China-based car maker NIO Inc to advance next-generation electric vehicle (EV) platforms. Building on a multi-year partnership, the firms are more closely engaging to accelerate NIO’s transition from 400V to 900V architectures, enabled by onsemi’s latest EliteSiC enhanced M3e technology...
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Volta Metals receives $215,000 grant from Ontario Junior Exploration Program
Mineral exploration company Volta Metals Ltd of Toronto, Canada (which owns, has optioned and is currently exploring a critical minerals portfolio of rare-earths, gallium, lithium, cesium and tantalum projects in Ontario) has received approval for funding of up to $215,000 under the Ontario Junior Exploration Program (OJEP). The funding will support eligible exploration expenditures incurred in 2025 and the first two months of 2026 at its 4750-hectare Springer Rare Earth Element (REE) and Gallium Project, located about 70km east of Sudbury, Ontario, with direct access via the Trans-Canada Highway and Highway 64...
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SweGaN wins commercial orders worth SEK25m from global customers
SweGaN AB of Linköping, Sweden — a manufacturer of custom gallium nitride on silicon carbide (GaN-on-SiC) epitaxial wafers, based on proprietary growth technology — says that it has secured multiple new commercial framework agreements from customers across Europe, Asia, and the USA. The orders received during the first four months of 2026 represent a total contract value of about SEK25m and will contribute to revenue over the next coming 6-18 months...
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AXT announces exercise of over-allotment option in public offering
AXT Inc of Fremont, CA, USA — which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials at plants in China — says that, in connection with its underwritten public offering of 8,560,311 shares of common stock (completed on 22 April), the underwriters have exercised their over-allotment option to purchase an additional 1,284,046 shares at a price of $64.25, yielding additional gross proceeds of about $82.5m, before deducting underwriting discounts and commissions and other offering expenses...
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Aeluma secures over $4m in contracts for quantum materials and lasers
Aeluma Inc of Goleta, CA, USA — which develops compound semiconductor materials on large-diameter substrates — has been awarded more than $4m in contracts from the US Government to accelerate scaling of its semiconductor heterogeneous integration platform for quantum and high-speed datacom applications...
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Aeluma receives NASA award for integrated QD lasers
Aeluma Inc of Goleta, CA, USA — which develops compound semiconductor materials on large-diameter substrates — has received an award from US National Aeronautics and Space Administration (NASA) to advance its integrated quantum dot laser platform for datacom and sensing applications...
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Atomera extends collaboration with Synopsys to GaN workflows
Semiconductor materials and technology licensing company Atomera Inc of Los Gatos, CA, USA has expanded its collaboration with Synopsys Inc of Mountain View, CA, USA ― which provides electronic design automation (EDA) software, semiconductor IP and services for chip and electronic system design ― to advance gallium nitride (GaN) device modeling for radio frequency (RF) and power semiconductor applications. The work builds on their long-standing relationship around Synopsys’ Sentaurus TCAD and Atomera’s MSTcad toolset and extends the collaboration into GaN workflows to support bringing higher-quality GaN solutions to market...
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CSA Catapult issues annual report for 2024–25
The UK’s Compound Semiconductor Applications (CSA) Catapult has published its Annual Report for 24–25, highlighting the impact and value brought to the economy...
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AXT closes public offering, raising $550m
AXT Inc of Fremont, CA, USA — which makes gallium arsenide (GaAs), indium phosphide (InP) and germanium (Ge) substrates and raw materials at plants in China — has closed its underwritten public offering of 8,560,311 shares of common stock at $64.25 per share. The firm received total gross proceeds of about $550m, before deducting the underwriting discounts and commissions and other offering expenses...
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Power electronics market to grow at 10% CAGR to over $65bn by 2036
OEMs across power electronics applications are demanding increased efficiency and power density for power electronics components, while also insisting on solid reliability and device miniaturization. To enable this, wide-bandgap (WBG) semiconductors silicon carbide (SiC) and gallium nitride (GaN) are being adopted across the power electronics market. These WBG power semiconductors support higher-voltage operation and new power architectures across data centers, electric vehicles (EVs) and renewables...
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Wolfspeed appoints Tokyo-based regional president for Asia Pacific
Wolfspeed Inc of Durham, NC, USA — which makes silicon carbide (SiC) materials and power semiconductor devices — has appointed Yasuhisa Harita as regional president for Asia Pacific, effective 1 June. He will be based in Tokyo and lead Wolfspeed’s commercial strategy across Japan, Korea and the ASEAN (Association of Southeast Asian Nations) region, with responsibility for driving revenue growth, enhancing strategic customer relationships, and executing the company’s regional commercial and operational objectives...
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