Samsung’s profits set to dip by 25%, first decline in three years
Analysts expect the Q3 earnings of Samsung Electronics to drop by 25 percent, the first year-on-year decline in almost three years. Economic slowdown dampens demand for electronic devices and the processors that run them.
Inflation is rising worldwide, central banks are rapidly raising interest ... Read more
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
Samsung to spend $15B to build a new advanced chip R&D complex
On Friday, Samsung announced that it intends to spend 20 trillion won (about 15 billion dollars) by 2028 to build a new advanced chip research facility in South Korea.
The new facility will be located at the company’s Giheung campus. According to the tech giant, it will be at the forefront of ... Read more
Biden signs CHIPS and Science Act to boost US chip production
The CHIPS and Science Act aims to help the US better compete with China.
President Joe Biden this week signed a landmark bill to provide $52.7 billion in subsidies for U.S. semiconductor production and research, according to reporting in Reuters. The bill is supposed to boost efforts to make the... Read more
Semtech acquires Sierra Wireless for $1.2 billion
Semiconductor supplier Semtech plans to purchase Sierra Wireless, a deal worth $1.2 billion in all-cash.
Semiconductor and analog manufacturing company Semtech Corporation plans to purchase all the shares of Sierra Wireless. Sierra Wireless is an Internet service provider based in Canada.
The... Read more
Spain invests $12 billion in the semiconductor sector
The Spanish government wants to invest over $12.3B in developing a local semiconductor industry. As a result, a major complication arose; chip manufacturers are onboard to withstand any challenges.
Funded by the European Union, the finances were allotted to balance the economic consequences of t... Read more
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
Arm launches next-gen mobile chips
Chip giant Arm unveiled its newest CPUs and GPUs for the mobile device industry.
Arm doesn't produce chips; instead, it creates the blueprints that hardware manufacturers use to develop CPUs and GPUs. Globally, billions of devices are powered by the company's technologies.
Most smartphones an... Read more
‘Chip manufacturers invest €104 billion in production capacity’
Industry association SEMI calculated that the world's chip manufacturers will invest a total of $109 billion (€104 billion) in production capacity in 2022.
According to the researchers, investments are about twice as high as three years ago. In 2019, chip manufacturers invested $55 billion (a... Read more
European chip stocks crumble as investors fast forward to 2023
Since investors are already looking forward to a harsher 2023, European semiconductor stocks have been swept up in the sell-everything-tech atmosphere, despite the industry's red-hot demand, strengthening this year's earnings.
ASML Holding NV and Infineon Technologies AG, the region's two larges... Read more