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Kinsus 2Q16 Profits to Rise 48%
July 19, 2016 | DigitimesEstimated reading time: Less than a minute
IC substrate supplier Kinsus Interconnect Technology is expected to post an about 48% sequential increase in second-quarter profits, buoyed by new product rollouts by its mobile device clients.
According to Digitimes, Kinsus is involved in the supply chain for Apple's new iPhone slated for launch in September with shipments already kicking off in June. Kinsus has also ramped up shipments of flip-chip chip scale package (FC CSP) substrates for new smartphones from other vendors, the report indicated.
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Biden-Harris Administration: CHIPS Incentives Award with Intel to Advance U.S. Leading-Edge Chip Capacity
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Biden-Harris Administration Announces CHIPS Incentives Awards with BAE Systems, Rocket Lab
11/25/2024 | U.S. Department of CommerceThe Biden-Harris Administration announced that the U.S. Department of Commerce has finalized two separate awards under the CHIPS Incentives Program’s Funding Opportunity for Commercial Fabrication Facilities. The Department awarded BAE Systems Electronic Systems, a business unit of BAE Systems, Inc., up to $35.5 million in direct funding, and awarded Rocket Lab, the parent company of space power provider SolAero Technologies Corp., up to $23.9 million in direct funding. The Department will disburse the funds based on the companies’ completion of project milestones.
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