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SK Hynix said on June 24 its board approved a plan to issue new shares backing American Depositary Receipts on the Nasdaq Global Select Market, targeting up to KRW45.45 trillion (approx. US$29.43 billion) in proceeds for semiconductor facility investment.

June 23 (Reuters) – The European Commission approved on ​Tuesday €76 million ($87 ‌million) of German state aid for QuantumDiamonds GmbH, which ‌is ​planning ⁠to set up ⁠a cutting-edge semiconductor testing facility in Munich. • The ​Commission said QuantumDiamonds had ⁠agreed to ⁠work with ​small-and-medium-sized enterprises and ​with universities and research ‌institutions. • The approval come

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Schunk Xycarb Technology Inc., a production facility that manufactures components used in semiconductor wafer processing, received a $3.9 million Texas Semiconductor Innovation Fund grant, according to a June 18 state news release. Learn more The TSIF grant will help Xycarb expand its Georgetown facility, which will create 25 new jobs and invest $42 million in capital, according to the release.

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