Tag: chip shortage

Here you will find all the articles with the tag: chip shortage.

EC authorizes STMicroelectronic and GlobalFoundries chip factory

EC authorizes STMicroelectronic and GlobalFoundries chip factory

Chipmakers STMicroelectronics and GlobalFoundries received EU authorization on Friday to develop a new chip facility in France with French public aid. The action will improve Europe's supply security, resilience, and output of semiconductor technology in the region. The European Commission annou... Read more

date11 months ago
Intel says it’s on track to reclaim chip production leadership

Intel says it’s on track to reclaim chip production leadership

Intel claims that it's regaining its leadership position in the production of computer chips. The chipmaker said it plans to leverage expertise in advanced process technology to reclaim the top market spot. Intel's CEO Pat Gelsinger said the company will expand production capacity and increase i... Read more

date1 year ago
Shortages of low-cost chips hold up €600 billion industry

Shortages of low-cost chips hold up €600 billion industry

TSMC's top executive said that a prevalent shortage of budget chips is the reason behind slowed production in the $600 billion semiconductor industry. TSMC CEO Wei recently revealed that there is a constant deficit of low-end economical chips priced anywhere from $0.50 to $10. According to Wei, ... Read more

date2 years ago
South Korean chip stockpile rises and threatens export

South Korean chip stockpile rises and threatens export

The semiconductor stockpiles in South Korea grew at the quickest pace since April 2016, threatening the export that produces the country's economic growth. Recent reports show that the semiconductor stockpiles of South Korea have seen rapid growth for more than six years. As a result, bad signs ... Read more

date2 years ago
Seagate share price plummets due to COVID lockdowns and shortages

Seagate share price plummets due to COVID lockdowns and shortages

Seagate's share price plummeted. The company struggles with chip shortages for SSDs, NAS devices and racks. According to its most recent quarterly report, production will decline in the coming months. The same report forecasts revenue of $2.35 billion in the current quarter, a 24 percent decline... Read more

date2 years ago
Chip shortage eases for Hyundai, Nokia and ABB

Chip shortage eases for Hyundai, Nokia and ABB

Hyundai, Nokia and ABB expect chip shortages to ease in the coming months. After a three-year struggle, the market shows signs of recovery. There's no simple explanation for the shortage that plagued the past three years, but COVID-19 played a part. Lockdowns increased Internet traffic and clou... Read more

date2 years ago
TSMC’s supplier warns of chip material price hikes

TSMC’s supplier warns of chip material price hikes

According to Showa Denko, raw materials prices are set to rise at an unprecedented pace. The $550 billion chemical company is one of TSMC's suppliers. Showa Denko expects to raise costs and slash unprofitable products as it confronts a series of economic hardships. The company previously faced ... Read more

date2 years ago
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