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01/27/2023
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By Arsenio Toledo
US officials to talk with Dutch counterparts about restricting exports of chip-making gear to China
Officials from the United States are meeting with counterparts from the Netherlands in Washington, D.C. on Friday, Jan. 27, to talk about putting up new restrictions on exporting semiconductor manufacturing equipment to China. The two nations could reach an agreement on mutual export bans on the same day if they can agree on the details, […]
12/14/2022
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By Arsenio Toledo
Foxconn spends $500 million to expand manufacturing in India, reduce reliance on tumultuous iPhone plant in China
Taiwan’s Foxconn Technology Group has just announced a $500 million investment to expand its operations in India as it seeks to diversify its supply chain after labor unrest in its massive plant in Zhengzhou, China, disrupted manufacturing. Foxconn is one of the largest electronics contract manufacturers in the world. Its plant in Zhengzhou, known as […]
08/04/2022
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By Arsenio Toledo
US, Japan to develop next-generation 2-nm microchips to create redundant global supply
Representatives from Japan and the United States have agreed to work together to develop next-generation two-nanometer (nm) semiconductor chips. On July 29, the newly-established U.S.-Japan Economic Policy Consultative Committee met for the first time and issued a statement laying out how both countries want to “foster supply chain resilience,” especially in the field of semiconductors. […]
04/27/2022
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By Ramon Tomey
Two Foxconn factories in mainland China suspend operations as COVID “cases” result in knee-jerk LOCKDOWNS
Technology company Foxconn suspended operations in two of its factories in mainland China due to rising Wuhan coronavirus (COVID-19) cases. The Taiwanese firm is a major supplier for technology giant Apple. Foxconn shut down its two factories located in the city of Kunshan in the coastal Jiangsu province. Kunshan officials said all operations at the […]
04/19/2022
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By JD Heyes
Computer chip crisis getting worse as manufacturing slows and wait times increase amid insane demand
The global shutdown over COVID-19 affected every aspect of the world economy and those reverberations will be felt for years to come in the way of shortages and delays. And in no industry is this being felt more than the manufacture of computer chips — components that are vital in literally every aspect of our […]
01/12/2022
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By Matthew Davis
Shortage of semiconductors hits manufacturing industries as Biden fails to solve supply chain crisis
The shortage of semiconductors is worsening and the affected companies are compounding the situation by stockpiling their inventory – further depleting the already thinning supply. The dire situation is happening due to the prevailing global supply chain disruptions, which the Biden administration fails to solve. Trading and technology firm Susquehanna Financial Group noted that the shortage will continue […]
11/02/2021
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By Ramon Tomey
Supply chain woes hound tech firms as holiday season approaches
The ongoing supply chain issues have hit many companies, including technology firms. Some companies have decided to hit the brakes on advertising given low product stocks. These ad reductions come amid the holiday season, a period traditionally considered profitable for companies. In his Oct. 21 column “Fully Charged” for Bloomberg, tech reporter Mark Bergen wrote: “Tech […]
10/25/2021
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By Ramon Tomey
Supply chain woes claim another victim: London Stock Exchange Group braces for tech-related shortages
The London Stock Exchange Group (LSEG) has warned that supply chain shortages could affect the timing of its technology-related expenditures. The exchange’s warning comes amid its acquisition of data platform Refinitiv following a steady third quarter. It also follows shortages of much-needed microchips, which play a key role in technological expansion. While there was no change to previous cost […]
10/16/2021
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By Virgilio Marin
South Korea to spend $450 billion in bid to become world’s leading chipmaker
South Korea plans to spend $450 billion to build the world’s biggest chipmaking base over the next decade. This is part of an overarching plan called the “K-Semiconductor Belt Strategy” which aims to make the country the world’s leading chipmaker. With this strategy, South Korea joins the U.S., China and Europe in a global race to dominate the semiconductor industry following […]
06/14/2021
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By Franz Walker
Coronavirus outbreak in Taiwan threatens to worsen global semiconductor shortage
In the midst of an ongoing semiconductor shortage, the spread of the Wuhan coronavirus (COVID-19) into Taiwan’s electronic factories is threatening to delay chip shipments even further. The country, home to a number of the world’s largest semiconductor manufacturers, is suffering from its first large outbreak of COVID-19. This has come against a backdrop of […]
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