#chip-manufacturing

#chip-manufacturing

The company extended its lead in logic, DRAM, and advanced packaging technologies while competitors struggled to keep pace with rapidly evolving manufacturing requirements. CEO Gary Dickerson has consistently emphasized the company's focus on "the highest value technology inflections in the fastest growing areas of the market." That strategy delivered six consecutive years of growth through fiscal 2025, culminating in record annual revenue of $28.37 billion (up 4% year over year) and non-GAAP EPS of $9.42 (up 9%).

The company has also denied allegations that it has failed to pay employee salaries, claiming that its recently ousted CEO, Zhang Xuezheng, was actively spreading "falsehoods" after the Dutch Ministry of Economic Affairs took control of the firm last week, according to a statement obtained by Bloomberg. Based in the Netherlands, the Chinese-owned chipmaker produces components for, among other things, electronic control units (ECUs) used in automobiles.

The Southampton facility represents a groundbreaking advancement in semiconductor technology for the UK, being a pioneer in utilizing E-beam lithography for chip manufacturing.