Tag: chip shortage

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

Car chip shortage ease, smartphones could be next

Car chip shortage ease, smartphones could be next

Analysts think that the 2020-21 semiconductor shortage could run well into next year and affect smartphone manufacturers next. During an Automotive Press Association event in Detroit, the CEO of Stellantis (world’s no. 4 auto manufacturer), Carlos Tavares, said that the semiconductor crisis wi... Read more

date3 years ago
‘EU considers setting up its own chip manufacturer’

‘EU considers setting up its own chip manufacturer’

The European Union is examining the idea of setting up its own chip manufacturer with an alliance of European companies. This would make the region less dependent on chip manufacturers in Asia and the US. The alliance would consist of several companies already active in chip manufacturing, such ... Read more

date3 years ago
SK Hynix to spend more on chip production equipment

SK Hynix to spend more on chip production equipment

SK Hynix has announced that it will increase its spending on the purchase of equipment for the production of chips. In this way, the company wants to make itself more resilient against the continuing chip shortages. During the conference call for the publication of its quarterly figures, Kevin N... Read more

date3 years ago
NXP’s chip products all deliver double-digit growth

NXP’s chip products all deliver double-digit growth

NXP Semiconductors, the Dutch chipmaker, beat expectations by a narrow margin, even though it fell short on earnings. This information comes from the recent first-quarter financial results announcements on Monday. The report says that the company made a profit (before costs like stock compensati... Read more

date3 years ago

Cisco also pessimistic about short-term chip supply

Cisco expects the chip shortages to affect global supply chains for at least another six months. Even after that, it will be some time before the problems are really solved. In an interview with the BBC, Cisco CEO Chuck Robbins says that the company does not expect any relief in the short term. ... Read more

date3 years ago
TSMC puts 2.4 billion euros into capacity expansions

TSMC puts 2.4 billion euros into capacity expansions

TSMC's board has decided to spend just under 3 billion dollars on expanding its capacity. This is in response to the global chip shortages affecting various sectors. TSMC reports that two decisions were made during a board meeting. The first decision concerned the distribution of shares among em... Read more

date3 years ago
Intel CEO comes to Europe next week to talk about new chip factory

Intel CEO comes to Europe next week to talk about new chip factory

Intel has confirmed that Pat Gelsinger, the company's CEO, will be visiting Europe next week. There he will meet with European Union officials and customers. While it hasn't been announced what Gelsinger will discuss. It is obvious, there is a huge chip shortage and Europe wants to play a bigger... Read more

date3 years ago
ASML’s forecasts go up amid semiconductor shortage

ASML’s forecasts go up amid semiconductor shortage

ASML Holding is the world’s major supplier to semiconductor companies and managed to beat first-quarter net income forecasts on Wednesday, raising its full-year sales expectations. The reason for this is the global chip shortage with demand for chips going up. The company forecasts that full-y... Read more

date3 years ago
EU asks Taiwan to invest in semiconductor production within EU

EU asks Taiwan to invest in semiconductor production within EU

The European Union is urging Taiwan and the country's semiconductor manufacturers to invest more in semiconductor manufacturing. The aim is specifically to attract a greater share of production to the European continent. Filip Grzegorzewski, the EU ambassador to Taiwan, says the European Union w... Read more

date3 years ago
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