SIA Applauds House Introduction of Bipartisan Legislation to Restore Immediate Deductibility of R&D Investments
WASHINGTON—The Semiconductor Industry Association (SIA) today released the following statement from SIA President and CEO John Neuffer commending the introduction in the House of Representatives of bipartisan legislation to restore full tax deductibility of R&D investments. The legislation, the American Innovation and R&D Competitiveness Act, was introduced in the House today by Reps. Ron Estes […]
Electric Vehicle Battery Management System (BMS) Drives a Third of Silicon Demand, IDTechEx’s Research Finds
IDTechEx‘s new report “Semiconductors for Autonomous and Electric Vehicles 2023-2033” finds that the coming mass adoption of electric vehicles will drive a 10-year CAGR of 20.9% in semiconductors used for electric powertrains. Along with the rise of more autonomous vehicles, this will drive the overall automotive semiconductor market to a CAGR of 9.4% over the […]
Incap Corporation decreases its revenue and operating profit estimate for 2023
Incap estimates that its revenue and operating profit (EBIT) for 2023 will be lower than in 2022. The decrease in the revenue and operating profit estimate is related to Incap’s largest customer, who has decided to reduce inventory levels and is therefore postponing some orders from 2023 to 2024. With the current change in the […]