P5 Platform
Intel to Acquire Tower Semiconductor for $5.4 Billion
March 7, 2022 – Intel Corporation has announced its acquisition of Tower Semiconductor, a leading foundry for analog semiconductor solutions, for $53 per share in cash. This acquisition represents a total enterprise value of approximately $5.4 billion. With an unprecedented global shortage across the chipmaking…
Event | Industry News | Ukraine/Russia Conflict
Ukraine Invasion Impact Summary
February 24, 2022 – This morning Russian military forces began their invasion of Ukraine with a combined land, air, and sea assault. This is serving up to be one of the largest invasions since WWII. As a response to Russia’s invasion of Ukraine, global stock markets have…
Contamination Forces WD to Lose Over 6.5 Exabytes of Flash Memory
February 21, 2022 – A contamination of materials at two Western Digital manufacturing plants has caused a loss of at least 6.5 exabytes of flash memory storage. These could have grave consequences on pricing and supply – experts predict a spike in SSD prices of…
Canadian Trucker’s Protest Bottlenecks Cross Border Trade
February 19, 2022 – Canadian truckers protesting COVID-19 mandates blockaded and forced a shutdown of multiple border crossings across the US-Canada Border. Most notably, the Ambassador Bridge which is a critical supply route between Windsor, Canada, and the United States have been impacted. This bridge…
Industry News | Regulation and Compliance updates
Oeko Final RoHS Exemptions Report (Pack 22)
February 3, 2022 – The Oeko-Institut has recently published a final report on the “Study to assess requests for a renewal of nine (-9-) exemptions 6(a), 6(a)-I, 6(b), 6(b)-I, 6(b)-II, 6(c), 7(a), 7(c)-I and 7 (c)-II of Annex III of Directive 2011/65/EU” (Pack 22). The…
Industry News | Regulation and Compliance updates
European Union SVHC Candidate List Grows
January 25, 2022 – The European Chemicals Agency (ECHA) has added an additional four substances to the Candidate List of Substances of Very High Concern (SVHC). This brings the total number of substances to 223. The SVHC Candidate list is published by the ECHA in…
Industry News | Regulation and Compliance updates
EPA to Require PFAS Manufacturers to Provide Toxicity Data
January 24, 2022 – On December 28, 2021, the U.S. Environmental Protection Agency (EPA) granted a petition to compel per- and polyfluoroalkyl substances (PFAS) testing by companies. PFAS are a group of manufactured chemicals that have been used in products since the 1940s. For a…
Industry News | Regulation and Compliance updates
California OEHHA Announces Proposition 65 Updates
January 19, 2022 – California’s Office of Environmental Health Hazard Assessment (OEHHA) has added several new substances to California’s Proposition 65. California Proposition 65, officially known as the Safe Drinking Water and Toxic Enforcement Act of 1986, protects the state’s drinking water sources from…
Industry News | Regulation and Compliance updates
UK REACH to Distinguish Itself from Predecessor
January 18, 2022 – UK’s REACH regulation, under the guidance of the Health & Safety Executive (HSE), has made its first steps towards distinguishing itself from EU REACH. The HSE’s recommendation to add two new substances is one of the first clear signs of the…
Severe Floods Impact Malaysian Manufacturing
Heavy rains have swept across much of Malaysia causing severe flash floods and displacing thousands. With more than 30 districts across the country being impacted by the flooding, the Malaysian Disaster Management Agency has reported the displacement of over 100,000 people. Malaysia is considered a…