Intel Corp said on Thursday it has started informing customers of its plan to raise prices for many of its chip products due to rising costs, a move that the company had first hinted in its first-quarter earnings call on April 28. The price increases could come into effect in autumn and the percentage increases … Read more
Memory-chip firm Micron Technology announced a significantly weaker than expected business outlook on Thursday, raising concern that following nearly two years of strong demand, the industry was turning towards a down cycle. Micron forecast adjusted revenue for the current quarter at $7.2 billion (nearly Rs. 56,800 crore), plus or minus $400 million (nearly Rs. 3,200 … Read more
Global exports of semiconductors to Russia have plummeted by 90 percent since the United States and allies slapped export controls on Moscow over its invasion of Ukraine, US Commerce Secretary Gina Raimondo said on Wednesday. Raimondo, speaking at an annual Commerce Department conference, also said that controls placed on Russia’s aerospace sector were hammering its … Read more
Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta to make semiconductors in the South Asian country, as the electronics giant looks to diversify its business amid a global chip shortage. Foxconn, the world’s largest contract electronics manufacturer and a major Apple supplier, has expanded into areas including electric vehicles (EVs) and … Read more
Taiwan’s Foxconn said on Monday it had partnered with Indian conglomerate Vedanta to make semiconductors in the South Asian country, as the electronics giant looks to diversify its business amid a global chip shortage. Foxconn, the world’s largest contract electronics manufacturer and a major Apple supplier, has expanded into areas including electric vehicles (EVs) and … Read more
The city of Taylor, Texas – one of two locations in the state under consideration by Samsung Electronics for a $17 billion (roughly Rs. 1,24,200 crores) chip plant – plans to offer extensive property tax breaks if it is chosen by the South Korean tech giant. Taylor is competing with Austin, Texas to land the plant which … Read more
Scientists have developed a stamp-sized chip that simplifies Covid-19 testing and delivers results on a smartphone in less than 55 minutes. The microfluidic chip developed by researchers from Rice University in the US measures the concentration of SARS-CoV-2 nucleocapsid (N) protein, a biomarker for Covid-19, in blood serum from a standard finger prick. According to … Read more
China’s Semiconductor Manufacturing International Corporation (SMIC) cannot meet customer demands for certain mature technologies and its plants have been running “fully loaded” for several quarters, it said on Friday. Zhao Haijun, co-CEO of China’s largest chipmaker, made the comments during a conference call after its latest quarterly results. He also said external sanctions would continue … Read more
China’s Semiconductor Manufacturing International Corporation (SMIC) cannot meet customer demands for certain mature technologies and its plants have been running “fully loaded” for several quarters, it said on Friday. Zhao Haijun, co-CEO of China’s largest chipmaker, made the comments during a conference call after its latest quarterly results. He also said external sanctions would continue … Read more