Wolfspeed files for Chapter 11 bankruptcy as part of financial restructuring Wolfspeed Inc of Durham, NC, USA — which makes silicon carbide (SiC) materials and power semiconductor devices — has taken the next step to implement its previously announced restructuring support agreement (RSA) with key lenders, including (i) holders of more than 97% of its senior secured notes, (ii) Renesas Electronics Corp’s US subsidiary and (iii) convertible debtholders holding more than 67% of the outstanding convertible notes...
https://www.semiconductor-toda....y.com/news_items/202

NUBURU reports progress in acquisition of Tekne as part of Defense & Security Hub NUBURU Inc of Centennial, CO, USA — which was founded in 2015 and develops and manufactures high-power industrial blue lasers — has reported progress in its strategic transformation, including developments within its planned Defense & Security Hub and key acquisitions...
https://www.semiconductor-toda....y.com/news_items/202

Wavetek deploys Silvaco’s Victory TCAD for GaN-based device development Silvaco Group Inc of Santa Clara, CA, USA — which provides technology computer-aided design (TCAD), electronic design automation (EDA) software and semiconductor intellectual property (SIP) for process and device development — says that its Victory TCAD solution has been adopted by gallium arsenide (GaAs) foundry Wavetek Microelectronics Corp of Hsinchu Science Park, Taiwan for the development of next-generation gallium nitride (GaN) devices targeting high-performance connectivity applications in 5G, Wi-Fi and IoT markets...
https://www.semiconductor-toda....y.com/news_items/202

CSconnected names first recipients for £1m Supply Chain Development Programme The South Wales-based compound semiconductor cluster CSconnected, in partnership with Cardiff Capital Region (CCR), has announced the first four successful applicants to its £1m Supply Chain Development Programme, aimed at strengthening and scaling the compound semiconductor supply chain in South Wales...
https://www.semiconductor-toda....y.com/news_items/202

Pragmatic appoints John Quigley as executive VP of Engineering Flexible integrated circuit (FlexIC) designer and manufacturer Pragmatic Semiconductor Ltd of Cambridge, UK has appointed John Quigley as executive VP (EVP) of engineering with responsibility for technology development, IC design and applications engineering...
https://www.semiconductor-toda....y.com/news_items/202