Intel may sign $5 bn deal with Italy for chip factory
Intel is expected to sign a deal initially worth $5 billion with Italy to build an advanced semiconductor packaging and assembly plant, Reuters news report...
Polymatech to invest $1 bn for semiconductor manufacturing in India
Indian chip manufacturer Polymatech Electronics will invest $1 billion in the country for semiconductor manufacturing by 2025.
Polymatech has signed a memorandum of understanding (MoU)...
Infineon lifts outlook as it benefits from shortage of semiconductors
Infineon Technologies, a leading supplier of microchips, said revenue grew by €320 million or 10 percent to €3.618 billion in the third quarter of...
AMD revenue jumps 70% to $6.5 bn powered by data center business
Advanced Micro Devices (AMD) said its second-quarter revenue has jumped 70 percent to $6.55 billion powered by data center business.
AMD has generated second quarter...
SK Hynix develops 238-layer NAND chip ahead of Micron
SK Hynix, the world’s second-largest memory chip maker, has developed its most advanced NAND flash chip made up of 238 layers of memory cells...
Intel slashes annual sales and profit forecasts
Intel said its revenue dropped 22 percent to $15.3 billion in Q2 2022 - its seventh straight quarter of decline.
Intel slashed its annual sales...
Qualcomm sales jump 36% powered by smartphone chips
Qualcomm has reported revenue of $10.936 billion (+36 percent) and net income of $3.73 billion (+84 percent) during its fiscal third quarter ended June...
Samsung revenue surges 21% powered by memory chips biz
Samsung Electronics reported revenue of 77.2 trillion won (+21 percent) and operating profit of 14.1 trillion won ($10.8 billion) (+12 percent) for the quarter...
Qualcomm wins mobile technology deal from Samsung
Qualcomm and Samsung have agreed to extend their patent license agreement for 3G, 4G, 5G and upcoming 6G mobile technology through the end of...
Semiconductor revenue to grow 7% in 2022 and drop 2.5% in 2023: Gartner
Global semiconductor revenue is forecast to grow 7.4 percent in 2022, down from 2021 growth of 26.3 percent, according to Gartner report.
The report also...
SK Hynix to review Capex as memory demand may slow
SK Hynix has reported revenues of 13.81 trillion won, operating profit of 4.19 trillion won with operating margin of 30 percent, and net income of 2.88 trillion...
Texas Instruments revenue jumps 14% to $5.2 bn
Chipmaker Texas Instruments reported revenue of $5.21 billion (+14 percent) and net income of $2.29 billion (+19 percent) in the second quarter of 2022.
“Cash...
U.S. Senate vote to advance legislation to boost semiconductor manufacturing
The U.S. Senate voted 64-32 to advance legislation to boost U.S. semiconductor manufacturing in a bid to make the domestic industry more competitive with...
Japan offers $680 mn to Kioxia and Western Digital’s chip production
Japan government will provide 92.9 billion yen ($680 million) to Kioxia and Western Digital to boost their production and supply of memory chips in...
SK Group plans to invest $15 bn in US semiconductor industry
SK Group, South Korea’s second-largest conglomerate, plans to make investment of $22 billion in the United States, in semiconductors, green energy and bioscience projects.
SK...
MediaTek to manufacture chips using Intel Foundry Services
Intel and MediaTek announced a partnership to manufacture chips using Intel Foundry Services’ (IFS) process technologies.
MediaTek, one of the leading chipset suppliers for smartphone...