The British government has taken a decisive step to secure the future of its semiconductor industry by acquiring a key facility in Newton Aycliffe, northern England, formerly owned by U.S.-based Coherent Inc. This factory specializes in producing gallium arsenide semiconductors, essential components for military technology, including advanced fighter jets. The acquisition, valued at around £20 […]
PSMC Cancels Partnership with SBI for Chip Factory Development
In a significant shift within the semiconductor landscape, Powerchip Semiconductor Manufacturing Corp (PSMC) has officially terminated its partnership with Japan’s SBI Holdings, originally aimed at establishing a chip manufacturing plant in Miyagi Prefecture. This decision, announced on September 29, 2024, comes amid concerns regarding PSMC’s financial stability, although the company has firmly rebutted claims of […]
Google's Account Blockage in Russia: Implications and Reactions
In a significant move, Google has imposed restrictions on the creation of new accounts for Russian users, as confirmed by Russia’s digital ministry. This decision stems from the escalating pressure faced by the tech giant due to its previous refusals to eliminate content regarded as illegal by Russian authorities. The restrictions come in the wake […]
Semiconductor Industry Gears Up for $400 Billion Boom
The semiconductor industry is on the brink of a significant transformation, with an estimated investment surge that could reach $400 billion in chip-making equipment between 2025 and 2027, according to the global industry association SEMI. This robust investment is primarily driven by strategic maneuvers from key players like China, South Korea, and Taiwan, as they […]
UK Semiconductor Industry Receives £11.5m Boost for Innovation
In a significant move for the UK’s semiconductor industry, Science Minister Lord Patrick Vallance announced today that 16 semiconductor firms will share a funding pot of £11.5 million, provided by Innovate UK. This announcement came during a prominent industry conference of G7 nations, emphasizing the UK’s commitment to fostering innovation in this critical sector. The […]
US Grants $123 Million to Polar Semiconductor for Plant Expansion
In a significant move to bolster domestic semiconductor production, the US Commerce Department has awarded a $123 million grant to Polar Semiconductor, aimed at expanding its Minnesota facility. This initiative represents the first funding allocation from the Biden administration’s ambitious $52.7 billion semiconductor manufacturing and research subsidy program designed to enhance US competitiveness in this […]
US Legislation Aims to Boost Chip Production
The recent passage of a bill by the US House of Representatives marks a significant step in facilitating semiconductor manufacturing in the United States. This new legislation aims to streamline federal permitting processes for chip manufacturers, potentially benefiting industry giants such as Intel and TSMC. In an era where technological advancement is crucial, addressing regulatory […]
Dutch Minister Advocates for Free Trade with China
During a recent trip to Washington, Netherlands’ Economy Minister Dirk Beljaarts highlighted the importance of China as a key trading partner. This discussion came at a time when the semiconductor industry is under scrutiny, particularly with regard to export restrictions imposed by the U.S. government. Beljaarts underscored the necessity for ASML, a prominent semiconductor equipment […]
TSMC and Samsung Eye UAE Chip Factories: A Major Leap for Tech Manufacturing
In a significant move for the technology sector, two leading players in the semiconductor industry, Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Electronics, are exploring the possibility of establishing chip factories in the United Arab Emirates (UAE). This development could represent an investment exceeding $100 billion, underscoring the UAE’s ambition to become a central hub […]
ADI and Tata Explore Semiconductor Production Opportunities in India
The semiconductor industry is on the rise in India, fueled by recent agreements and investments from major players. The latest development comes from Analog Devices, Inc. (ADI) and India’s Tata Group, as they join forces to explore semiconductor manufacturing opportunities. This collaboration is a significant step in India’s ambition to emerge as a global semiconductor […]