Intel faces expulsion from Dow Jones index due to plummeting shares
During the dot-com era in 1999, Intel, along with Microsoft, was one of two technology companies included in the Dow Jones Industrial Average. Now its shares are falling in price…
Samsung and TSMC are unlikely to be buyers of Intel’s chip business
Intel management is considering several options for getting the company out of the crisis, including the sale of the FPGA division Altera, stopping the project to build a plant in…
The owner of TikTok intends to receive one of the largest loans in Asian history – $9.5 billion
The Chinese company ByteDance, which owns the short video service TikTok, is in the process of obtaining a loan in the amount of $9.5 billion for a period of three…
Japanese chip equipment manufacturers do not want to be overly dependent on the Chinese market
It is well known that the rapid development of the Chinese semiconductor market and attempts by local chip manufacturers to resist sanctions are stimulating sales of foreign equipment in the…
China does not stop pouring into semiconductor production: Beijing authorities have opened a $1.2 billion fund
The Beijing municipal government has launched a $1.2 billion fund to support the local semiconductor industry. This is just one of several similar initiatives by regional authorities in China. Image…
Dutch authorities will ban ASML from servicing chip production machines in China
Dutch authorities plan to restrict ASML’s repair and maintenance activities for semiconductor manufacturing equipment in China, dealing another painful blow to China’s ability to develop a world-class semiconductor industry. Image…
The prices of gallium and germanium in Europe have almost doubled due to Chinese sanctions – this is hitting chip production
Since August last year, Chinese authorities have been restricting the export of gallium and germanium without special licenses, so the cost of these minerals in Europe has almost doubled over…
Over two and a half years, TSMC received almost $2 billion in subsidies from the authorities of Japan and China.
TSMC is not only going to build factories in Japan, the USA and Germany, but is also modernizing existing ones, and therefore its activities in China are subsidized by local…
China doubled imports of Samsung and SK hynix memory chips in the first half of the year amid US sanctions
Memory chip leaders Samsung Electronics and SK hynix note that China has significantly increased imports of South Korean chips in the first half of 2024. Sales of Samsung Electronics in…
Foxconn profits beat forecasts thanks to AI boom, but smartphone demand stagnates
Foxconn showed a 6% increase in quarterly net profit, exceeding all analysts’ forecasts. The world’s largest contract electronics manufacturer expects robust demand for AI-powered servers to continue to drive growth…