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Industry News

21 Oct 2024

By Business Korea

Korean Government to Spend 8.8 Tril. Won to Support Semiconductor Industry in 2025

The Korean government will provide 8.8 trillion won in financial support to the Korean semiconductor industry by the end of 2025. It will invest more than 2 trillion won in infrastructure construction and provide more than 4 trillion won in liquidity through Korea Development Bank. It will also unveil within this year a plan to provide 6GW of electricity to the Yongin Semiconductor Cluster.

21 Oct 2024

By U.S. Department of Commerce - News

Biden-Harris Administration Announces Preliminary Terms with Hemlock Semiconductor to Significantly Expand U.S. Production Capacity of Semiconductor-Grade Polysilicon

Building on HSC’s Decades-Long Presence in Michigan, Proposed CHIPS Investment Would Help Strengthen Supply Chain Resilience and Create Over 1,000 Manufacturing and Construction Jobs

19 Oct 2024

By Taipei Times

TSMC says it complies with laws, export controls

US PROBE: The Information reported that the US Department of Commerce is investigating whether the firm made advanced chips for China’s Huawei

18 Oct 2024

By U.S. Department of Commerce - News

Biden-Harris Administration Opens Funding Competition for Up to $1.6 Billion to Accelerate U.S. Semiconductor Advanced Packaging Technologies

Program will drive U.S. leadership in semiconductors as well as provide the critical technology and skilled workforce needed for U.S. semiconductor packaging

18 Oct 2024

By Reuters

Exclusive: Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

Taylor, Texas project is central to Samsung chairman's growth ambitions.
Analysts see potential further delays for $17 bln Taylor project.
Samsung's foundry market share drops, widening gap with TSMC, says research firm.

18 Oct 2024

By CNBC

Intel seeks billions for minority stake in Altera business, sources say

Intel is looking for an investor that would acquire at least a minority stake worth billions of dollars for its Altera subsidiary, according to sources with knowledge of the matter.
Intel is seeking a deal that values Altera at around $17 billion, said the people.
It’s possible that Intel would look to find a majority acquirer for the business.

17 Oct 2024

By ABP Live

Intel Layoffs: Chipmaker Fires About 2,000 Employees In This Area; Check Details Here

In a mid-September update, Gelsinger indicated that Intel had already reduced more than half of the targeted positions through early retirement packages and voluntary buyouts

17 Oct 2024

By NIST - News

Biden-Harris Administration Announces Preliminary Terms with Infinera to Support Development of Semiconductor Technology Important for Communications and National Security

Proposed CHIPS Funding Would Support Construction of Fab and Advanced Test and Packaging Facility and Create up to 1,700 Jobs in Pennsylvania and California

17 Oct 2024

By Taipei Times

Chinese cyber association calls for review of Intel products sold in China

Patience: Qualcomm said to wait for the US presidential election next month to decide whether to buy Intel

16 Oct 2024

By OPB

1,300 jobs will be eliminated at Intel’s Hillsboro campus, company tells state

After reporting a more than $1 billion loss, the chipmaker said in August it was slashing 15% of its workforce worldwide in an effort to cut costs.

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