(Reuters) – Soitec (EPA:) will supply GlobalFoundries (NASDAQ:) (GF) with its RF-SOI wafers for GF’s latest radio platform.

The French semiconductor manufacturer said it would provide 300mm RF-SOI wafers for GF’s radio solution, 9SW, which will be used to make future 5G and Wi-Fi chips.

“The transition from 5G to 5G-Advanced, and eventually 6G, requires ever-higher performance and energy efficiency, as well as increasing compactness for next-generation devices,” Soitec said in a statement.

© Reuters. FILE PHOTO: A screen displays the company logo for semiconductor and chipmaker GlobalFoundries Inc. during the company's IPO at the Nasdaq MarketSite in Times Square in New York City, U.S., October 28, 2021.  REUTERS/Brendan McDermid/File Photo

The company, whose customers include TSMC, UMC, Sony (NYSE:), and STMicroelectronics, has faced sharp inventory corrections in a sluggish smartphone market.

Soitec said during its first-half earnings that it saw a rebound in the smartphone market lifting sales of its RF-SOI wafers, as orders have picked up from the low levels recorded in the first quarter of the year.


Source link

Best Brokers

Unmatched trading fees, generous bonuses, top notch Regulation Frame.

T&Cs Apply

Risk disclosure: All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage.

Top-Tier Regulations. Unmatched Spreads and Commissions. Trading View is available.

T&Cs Apply

Financial Spread Trades and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.7% of retail investor accounts lose money when trading CFDs with this provider.

Modern and Intuitive Interfaces, Solid Regulatory Frame, and excellent Trading Fees.

T&Cs Apply
Risk warning: Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings.

Highly Regulated. Low Spreads and Commissions. Vast Account Options.

T&Cs Apply

Risk Warning: Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment.