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...
BE Semiconductor forecasts drop in third-quarter revenue
Chipmaking equipment supplier BE Semiconductor forecast a drop in third-quarter revenue, citing current market softness and seasonal trends.
The maker of semiconductor assembly and packaging...
SkyWater unveils plans to build $1.8 bn chip facility in Indiana
U.S. semiconductor manufacturer SkyWater Technology announced plans to invest $1.8 billion for a chip research and production facility in Indiana, in partnership with the...
ASML reports revenue of €5.4 bn and profit of €1.41 bn
ASML Holding, a key supplier to chip makers, said its revenues were €5.43 billion in Q2 2022 against 4 billion euros in the same...
STMicro and Volkswagen to develop new semiconductor
Chipmaker STMicroelectronics and Germany-based automaker Volkswagen will co-develop a new semiconductor amid a global chip crunch.
Volkswagen software unit Cariad and STMicro are set to...
Qualcomm intros premium wearable platforms
Qualcomm Technologies has introduced premium wearable platforms -- Snapdragon W5+ Gen 1 and Snapdragon W5 Gen 1.
Qualcomm Technologies said these platforms are designed to...
Chip firms oppose CHIPS Act as Intel will gain more
Several semiconductor firms are planning to oppose Chips Act that offers subsidies if the legislation awaiting a vote in the Senate benefits manufacturers like...
Chipmaker SK Hynix may cut Capex to $12 bn
South Korean chipmaker SK Hynix is considering cutting its 2023 capital expenditure by about a quarter to 16 trillion won ($12.16 billion), Bloomberg News...
TSMC raises 2022 revenue growth forecast
TSMC, the world’s largest contract-chipmaker, said it expected third-quarter revenue to surge to between $19.8 billion and $20.6 billion from $14.88 billion a year...
Intel hikes prices for many of its chip products
Intel has started informing customers of its plan to raise prices for many of its chip products due to rising costs, Nikkei news report...
Foxconn faces govt hurdles for buying China’s Unigroup in $1.5 bn deal
Media reports said Foxconn will face challenges for China-listed unit Foxconn Industrial Internet to spend 9.8 billion yuan ($1.46 billion) for a stake in...
Bosch plans $3 bn investment in chip production
Bosch, the world’s largest auto supplier, said it will make an investment of 3 billion euros ($3.01 billion) in chip production by 2026.
Bosch will...
Semiconductor equipment sales to record $118 bn: SEMI
Sale of semiconductor manufacturing equipment is forecast to grow 14.7 percent to a record $117.5 billion in 2022 and $120.8 billion in 2023, SEMI announced today.
Both the...
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