Latest Semiconductor device manufacturing News

Samsung says it will build $17B chip factory in Texas

Nov. 23, 2021 22:49 PM EST

Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas, ever,” Texas Gov. Greg...

With supply short, Ford dips toe into computer chip business

Nov. 18, 2021 12:09 PM EST

DETROIT (AP) — Ford Motor Co. is in talks with a computer chip maker to shore up its semiconductor supplies and avoid a repeat of this year's auto factory shutdowns caused by semiconductor shortages. Few details of the nonbinding agreement with GlobalFoundaries Inc....

US industrial production rebounded 1.6% in October

Nov. 16, 2021 10:28 AM EST

WASHINGTON (AP) — U.S. industrial production rebounded in October as automakers, stung by supply chain problems, posted strong increases and the adverse effects from a hurricane that struck the nation's energy complex in the Gulf of Mexico faded. Industrial production...

Taiwan's TSMC to build first chip plant in Japan amid crunch

Nov. 09, 2021 06:31 AM EST

TOKYO (AP) — Japanese electronics maker Sony and TSMC of Taiwan said Tuesday they plan to jointly build a computer chip plant in Japan with an initial investment of $7 billion. The plant in the southwestern city of Kumamoto will be the first foundry in Japan for TSMC,...

Nokia 3Q profit beats expectations despite chip shortage

Oct. 28, 2021 09:58 AM EDT

HELSINKI (AP) — Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage of semiconductors made the market outlook foggy and...

TSMC plans chip plant in Japan, says supply shortages easing

Oct. 15, 2021 02:02 AM EDT

Taiwan Semiconductor Manufacturing Corp. has confirmed it is planning to build a computer chip factory in Japan. TSMC’s CEO C.C. Wei said the company, the world’s biggest contract producer of semiconductors, was expanding to better serve its customers and enhance its...

Editorial Roundup: New York

Oct. 06, 2021 17:42 PM EDT

Advance Media New York. October 3, 2021. Editorial: Why a computer chip factory is not another Amazon Central New York is reportedly getting closer to attracting a semiconductor factory to the White Pine Commerce Park in Clay, bringing 3,000 to 5,000...

Volvo plans $2.9B IPO to fund electric vehicle ambitions

Oct. 04, 2021 12:20 PM EDT

LONDON (AP) — Swedish automaker Volvo said Monday it plans to raise at least 25 billion kroner ($2.9 billion) by selling shares to fund its electric vehicle transformation strategy. Volvo Cars and its parent company, Chinese carmaker Geely, have applied to hold an...

Shortages cause 'bottleneck recession' for German industry

Sep. 24, 2021 10:18 AM EDT

FRANKFURT, Germany (AP) — Shortages of semiconductor chips and other raw materials are continuing to hit Germany's manufacturers, as bottlenecks leave companies struggling to fill orders from a rebounding global economy. Widespread friction in supply chains sent a...