Semiconductor Shortage Led to Record Wire Fraud Cases: Report

Semiconductor Shortage Led to Record Wire Fraud Cases: Report

A severe semiconductor shortage has resulted in record wire fraud cases last year reported by desperate buyers, a company that tracks counterfeit and fraud in the chip industry said on Tuesday. ERAI said in 2021, there were 101 wire fraud cases reported to the US-based firm, up from 70 in 2020 and 17 five years ago. Companies … Read more

Germany Offers EUR 14 Billion to Woo Global Chip Makers

Germany Offers EUR 14 Billion to Woo Global Chip Makers

Germany’s government wants to attract chip makers with EUR 14 billion (roughly Rs. 1,13,132 crore) in support, Economy Minister Robert Habeck said on Thursday, adding that the lack of semiconductors used in everything from smartphones to cars was a massive problem. A global chip shortage and supply chain bottlenecks have created havoc for car makers, … Read more

Graphic Chip Price Drop May Signal That End of Shortage Is in Sight

Graphic Chip Price Drop May Signal That End of Shortage Is in Sight

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week. As Intel, Qualcomm and others report, investors will weigh how dampened consumer spending from inflation, … Read more

US House Bill on Chip Investment Coming Soon: Nancy Pelosi

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The US House of Representatives will soon introduce a bill to increase US competitiveness with China and boost federal spending on semiconductors, Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost domestic chip production. “The House will soon introduce its competitiveness bill,” she said in a note to Democratic colleagues. The … Read more

US House Bill on Chip Investment Coming Soon: Nancy Pelosi

nancy pelosi reuters 1642834870258

The US House of Representatives will soon introduce a bill to increase US competitiveness with China and boost federal spending on semiconductors, Speaker Nancy Pelosi said on Friday as the Biden administration seeks to boost domestic chip production. “The House will soon introduce its competitiveness bill,” she said in a note to Democratic colleagues. The … Read more

Lenovo Remains Most Popular PC Manufacturer in Q4 2021: Counterpoint

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Lenovo was the most popular PC manufacturer in Q4 2020, beating competitors HP, Dell, and Apple with 24 percent of the global PC market, according to data from a research firm. Global component shortages for PCs eased in Q4 2021, helping the company’s closest competitor, HP, enjoy a market share of 20.5 percent. PC sales … Read more

Apple Led Global Smartphone Shipments in Q4 2021: Canalys

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Apple was the most popular smartphone manufacturer in terms of worldwide smartphone shipments for Q4 2021, according to a report by market analyst firm Canalasy. The Cupertino-based smartphone manufacturer took the first spot from competitor Samsung, and accounted for 22 percent of global smartphone sales in the last quarter despite supply chain issues, and rising … Read more

India Outlines $10-Billion Plan to Woo Global Chip Makers

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India has approved a $10 billion (roughly Rs. 76,090 crore) incentive plan to attract semiconductor and display manufacturers, technology minister Ashwini Vaishnaw said on Wednesday, as part of a deepening push to establish the country as a global electronics production hub. Under the plan, the government will extend fiscal support of up to 50% of a project’s … Read more

Smartphone Production to Rebound in 2022, 5G Phones to Gain Big: TrendForce

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Smartphone production around the world took a hit due to the COVID-19 pandemic followed by a debilitating global semiconductor shortage. But a new report from a market research firm shows that production could rebound as soon as 2022. Thanks to the usual smartphone replacement cycle and increased demand from developing markets, the smartphone industry is expected … Read more

Bosch to Invest More Than EUR 400 Million in Chip Production

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German technology group Robert Bosch has earmarked more than EUR 400 million (roughly Rs. 3,490 crore) for investments in microchip production in Germany and Malaysia next year to ease a global shortage. A lack of chips for automakers has disrupted vehicle production around the world, with suppliers relying almost exclusively on chips from only a … Read more