Scottsdale-Based Smart Home Tech Co. CEO to Retire

inbusinessPHX.com

Universal Electronics Inc., the global leader in wireless universal control solutions for home entertainment and smart home devices, announced that Paul Arling will retire as Chief Executive Officer on April 30, 2025. Arling will serve as a consultant until June 30, 2025 and will remain on the board through his term, which will end at the 2025 Annual Meeting of Shareholders. … [More]

Who Is Intel’s New CEO?

inbusinessPHX.com

Intel Corporation recently announced that its board of directors has appointed Lip-Bu Tan, an accomplished technology leader with deep semiconductor industry experience, as chief executive officer, effective March 18. He succeeds Interim Co-CEOs David Zinsner and Michelle (MJ) Johnston Holthaus. Tan will also rejoin the Intel board of directors after stepping down from the … [More]

Battery Market Leader to Establish North American Headquarters and Battery Facility in Phoenix

Representing a $20 million investment, the new facility will create 50 new jobs.

inbusinessPHX.com

  Eternity Technologies Inc., a global leader in the industrial battery market, announced the selection of Phoenix, Arizona, as the site of its new North American headquarters and cutting-edge battery manufacturing facility. This milestone investment underscores Eternity’s commitment to delivering world-class solutions for Motive Power and Reserve Power applications … [More]

ACA Awards $2M to Arizona WearTech and Other Applied Research Centers

inbusinessPHX.com

The Partnership for Economic Innovation, a passionate collective of business and community leaders dedicated to accelerating Arizona’s economic opportunities, announced that the Arizona Commerce Authority had awarded $2 million to support seven new applied research projects through its WearTech and Other Applied Research Centers. State funding matches $2.2 million in private … [More]

TSMC Intends to Expand Its Investment in the U.S. to $165 Billion to Power the Future of AI

inbusinessPHX.com

TSMC announced its intention to expand its investment in advanced semiconductor manufacturing in the United States by an additional $100 billion. Building on the company’s ongoing $65 billion investment in its advanced semiconductor manufacturing operations in Phoenix, TSMC’s total investment in the U.S. is expected to reach $165 billion. The expansion includes plans for three … [More]

Does Arizona Need a New Semiconductor Identity?

by Stephanie Quinn

“Arizona’s Silicon Desert” has been a fitting label for the state’s semiconductor industry — a nod to both its thriving tech sector and arid landscape. With more than $100 billion in investments, Arizona has cemented its role in the global semiconductor supply chain. But as the sector expands, some industry leaders argue the nickname no longer captures the full picture. Now, a … [More]

Liquid Metal to Next-Gen Chips

by Stephanie Quinn

In the race to build faster, more powerful chips, semiconductor manufacturers face an ongoing challenge: how to pack more processing power into smaller spaces. LQDX (“lik-WID-ix”), a local developer of high-performance materials, is taking a different approach — trading traditional vacuum-based deposition for a liquid alternative. LQDX’s Liquid Metal Ink (LMIx®) technology … [More]

Next-Generation Compliance & Privacy-Focused Technology

by Mike Hunter

In today’s landscape, increased security and privacy standards are in place to address evolving concerns and challenges for both physical and cyber security. As new industry regulations are implemented to protect against potential threats, companies using legacy systems often struggle to stay compliant. Alcatraz AI, a leader in access control and AI-powered security … [More]

Virtual Leasing Assistant a Boon for Multifamily Boom

by Jacob Carter

Nurture Boss is an advanced AI solution for the multifamily housing sector that recently announced a $4.025 million Series A funding round from AZVC and In Revenue Capital. I founded the company to provide a solution to the urgent problem of a significant labor shortage amid a booming market. The company’s “AI for Multifamily” solution was created to streamline leasing … [More]

Arizona’s Semiconductor Industry Prepares for Tariffs

Will growth stay on track?

by Stephanie Quinn

Arizona’s semiconductor industry is facing a new variable in its growth equation: tariffs. With billions of dollars on the line, the industry is bracing for what comes next. If higher import taxes on materials from Mexico, China and Canada take effect, chip manufacturers must adapt — and fast. Even as TSMC ramps up production of four-nanometer chips in Phoenix, the … [More]