Telsa reportedly in talks about acquiring Canada's Sigma Lithium as demand for key EV battery material vastly outpaces supply
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News Components
Ola Electric Plans ‘World’s Biggest’ EV Hub In India
EV maker Ola Electric plans 'world's biggest' electric vehicle manufacturing centre in southern India as it seeks to localise supply chain
ASML Data Theft By Ex China Staffer Violated Export Controls
ASML discovers its tech has been stolen by China employee, which resulted in violation of “certain export control regulations”
Intel Now Seeks $10 Billion State Aid For German Factory – Report
Chip giant Intel reportedly increases the funding requirement from German government for planned Magdeburg chip factory
ARM Boss Committed To Public Listing In 2023
Chief executive Rene Haas says ARM is committed to an initial public offering this year, and plans are “underway now”
US Official Confirms Japan, Netherlands Joined US China Chip Sanctions
American official acknowledges deal with Japan and the Netherlands for new restrictions on chip-making tool exports to China
Intel Cuts Pay For Staff, Executives
Salaries for mid-level staff and senior management at Intel have been cut after it posted lower-than-expected sales forecast
Samsung Chip Business Posts Profit Plunge
Samsung to continue investing in chip production capacity even as it sees poor conditions for first half of year
Blacklisted China Chip Giant YMTC Cuts ‘Hundreds’ Of Staff
Chinese memory giant YMTC reportedly cutting up to 10 percent of workforce after being placed on US Entity List in December
Japan, Netherlands ‘Join US China Chip Sanctions’
Japan and the Netherlands reportedly join in US campaign to limit China's access to advanced chipmaking equipment following top-level talks
UK Watchdog Opens Investigation Of $61bn Broadcom-VMware Buy
After initial review of Broadcom’s $61 billion (£51bn) acquisition of VMware, UK regulator confirms phase 1 investigation
Netherlands, Japan ‘Set To Join’ US’ China Chip Sanctions
Netherlands, Japan reportedly preparing to impose restrictions on chip equipment exports to China after meeting with US president Joe Biden
Dutch Minister Queries Compliance Over US Chinese Export Controls
The Netherlands will not summarily accept new US restrictions on exporting chip-making technology to China, minister warns
Largest European Rare Earth Deposit Found In Sweden
Vital material for mobile phones and electric vehicles found in Sweden to help end dependent on Chinese suppliers
ARM London Listing Sought By PM Rishi Sunak – Report
British government reportedly makes fresh attempt to convince ARM owner Softbank for public listing in London
Chipmaker TSMC Misses Revenue Estimates As Demand Slows
Taiwanese chipmaking giant TSMC expected to report lower-than-expected revenues amidst slowing demand for electronics
Samsung Profit Drops 69 Percent Amidst Chip Slump
Samsung Electronics expects operating profit drop of 69 percent year-on-year for fourth quarter amidst lower electronics demand
South Korea Looks To Expand Tax Cuts For Chip Firms
South Korean government wants to expand capex tax cuts for chip companies to as high as 25 percent in revision of bill passed only last week
Tesla Ships Record 1.3 Million Cars In 2022
Tesla ships record 1.3 million cars in 2022, up 40 percent from the previous year, but misses Wall Street targets amidst demand concerns
Apple iPhone Sales Revised Downward Amidst Supply Chaos
Analyst decreases expected iPhone sales for 2022 and first quarter of 2023 as main iPhone plant remains below 70 percent capacity
TSMC Begins Mass Production Of 3nm Chips In Taiwan
Mass production of the most advanced chips begins in Taiwan, underlining the island's importance to global supply of chips
Micron To Axe 10 Percent Of Staff, Amid Heavy Fab Spending
As it spends billions of dollars building new chip plants in the US, Micron confirms it will axe 10 percent of its workforce
Infineon CEO Eyes Acquisition Targets – Report
Head of Infineon says German chip maker is ready to spend billions of euros on acquisitions, in a number of specialist fields
Kyocera To Double Semiconductor Investment
Japan's Kyocera to roughly double investment in semiconductors amidst global push to diversify supply chain, following years of disruption
Samsung ‘Increasing Capacity’ At Biggest Chip Plant
Samsung Electronics plans to increase production capacity at its biggest semiconductor plant next year, as competitors reduce investments
TSMC ‘Mulls First EU Chip Plant’ In Dresden
World's biggest contract chipmaker TSMC reportedly in advanced talks over building first EU chip plant in Germany amidst diversification push
EU Begins ‘In-Depth Investigation’ Into $61bn Broadcom-VMware Buy
European Commission follows the UK's CMA and opens “an in-depth investigation” into Broadcom’s acquisition of VMware
EU Legislation Targets Battery Replacement By Users
European Union reaches provisional agreement that will require that portable devices to have user-replaceable batteries
Apple iPhone Production ‘Shifting To India, Vietnam’
Key Apple supplier Foxconn accelerates production shift to India, Vietnam, Brazil amidst supply chain disruption in China
United States Adds China’s YMTC, Others To Trade Blacklist
Chinese memory chipmaker YMTC and 21 Chinese 'mjaor' entities in the AI chip sector are added to US entity list