Various government entities have been subsidizing semiconductor chip production around the world to combat the global chip shortage.
The global semiconductor manufacturing shortage has made its rounds in the news in the last few months. Both the tech sector and portions of the U.S. House and Senate have made it a priority to address a lack of research, manufacturing and investing, to combat a massive shortage within the U.S. and worldwide.
Semiconductor Manufacturing International Corporation, China’s largest semiconductor production company, will be building a new $2.35 billion dollar factory in Shenzhen.
Apple Inc. the United States based technology company, has announced plans to invest $1.2 billion into a wireless semiconductor design center in Munich, Germany. The focus of this investment is reportedly to build on 5G and other wireless technologies, and is expected to be completed over the next three years. Munich is already a hub
Frigid weather patterns in Texas, combined with a statewide electricity shortage have caused problems for Austin-area production plants. Austin Energy, a publicly owned utility company, has ordered the power off of several area semiconductor manufacturing companies. This includes Samsung Electronics, NXP Semiconductor, and Infineon. To add to the complication this brings, it could exacerbate the
Renasas Electronics made industry noise on Monday with the purchase of U.K. based Apple supplier Dialog Semiconductor for $5.9 billion. Shares of Dialog went shooting up 21% after news broke of the purchase, according to MarketWatch.com. Dialog was founded in 1985 in Reading, United Kingdom and became very well known in 2007 after becoming the
With a growing microchip production shortage globally, especially within the United States, China is testing their plan to become an even bigger global player in the microelectronics sector. Asian countries, namely South Korea and Taiwan, already make upwards of 80% of the worlds semiconductor products. “According to the Semiconductor Industry Association, the U.S. accounts for
Earlier this month, we reported on the microchip shortage and how it has and will continue to negatively effect auto sales both in 2020 and projections into 2021. Major auto manufacturers have felt the pinch of the global semiconductor shortage in the second half of 2020 and into 2021. Production as a whole has seen
Taiwan, and more specifically, the Taiwan Semiconductor Manufacturing Co., has become a major player in the global microchip production supply chain in recent years. TSMC’s recent success has come in large part due to the current need for chip production for automobile manufacturing. “U.S., European and Japanese automakers are lobbying their governments for help, with
Cree Inc., a Durham, NC based electronics manufacturing company, will be rebranding itself as Wolfspeed. After focusing on LED and lighting, Cree has shifted its focus to semiconductor manufacturing. Initially, Wolfspeed was a branch within Cree that mainly produced and manufactured silicon carbide materials. After seeing this branch succeed at a much higher rate than