Chip maker SMIC blames Russia's war in Ukraine and Covid lockdowns in China, as demand for smartphones, PCs drops “like a rock”
News Components
Chip Shortage Sees BMW Deliver Cars Without Android Auto, Apple CarPlay
No chips equals no music. BMW confirms some models have been shipped to customers without Android Auto, Apple CarPlay due to chip shortage
Sony Plans To Sell 18 Million PlayStation 5 Consoles This Year
Sony believes it can sell 18 million PlayStation 5 consoles for financial year ending in March 2023 – but depends on component supply from China
Tesla ‘Halts Most Production’ At Shanghai Plant
After three-week closure due to Covid-19 restrictions, production at Tesla Shanghai plant reportedly slows to crawl due to supply chain disruption
Nvidia Charged By SEC For ‘Inadequate Disclosures’ About Crypto Mining
US financial regulator charges GPU giant Nvidia for “inadequate disclosures” concerning the impact of crypto mining on the company’s gaming business”
German Government Touts $14.7bn State Aid For Chip Factories
Minister in German government says the country wants to attract chip makers with 14 billion euros ($14.71 billion) in support
Volkswagen In ‘Long-Term Chip Deal’ With Qualcomm
Volkswagen seals long-term global deal with Qualcomm to supply specialised chips for self-driving features starting in 2026, Handelsblatt reports
Apple Opens ‘Self Service Repair’ Online Store
Right to repair victory? Apple finally begins to allow users to purchase genuine parts so they can repair an iPhone themselves, but only in US at the moment
Tesla Profits Hit New High In Spite Of Price Hikes
Tesla profits hit new record for first quarter, in spite of ongoing supply-chain disruption, Covid-19 restrictions, rising costs and price hikes
Toshiba Says It Will Seek Buyout Offers
Strategic options. Japanese conglomerate shares rise after Toshiba says it will solicit deal offers, including buyout offers
Apple Testing New M2 Processors In Macs – Report
Several new Mac models are reportedly being tested internally at Apple, featuring the next generation M2 chip from the tech giant
Chip Shortage To Last Into 2023, Warns BMW CEO
No end in sight this year for the global chip shortage, warns CEO of BMW Oliver Zipse, with car industry only seeing improvements in 2023
Intel Latest Tech Firm To Suspend Operations In Russia
Chip giant Intel condemns Russia's invasion of Ukraine and suspends all operations in Russia, after previously halting chip shipments
Spain Plans $12.4bn Chip Sector Investment
Prime Minister Pedro Sanchez says Spain will spend 11 billion euros to boost the country's semiconductor and microchip industry
US Levels Fresh Sanctions At Russia, Targetting Tech
Russian technology companies enabling Putin's war machine are targetted in fresh round of US sanctions from Treasury Dept
US Senate Approves $52 Billion US Chips Act
One step closer? Senate approves $52 billion in US subsidies to encourage semiconductor manufacturing in the United States
Intel CEO: Chip Fabs Are As Strategical Important As Oil
For the past five decades oil reserves defined geopolitics, but Intel's Pat Gelsinger says semiconductor fabs are now equally important
Leading Semiconductor Physicist Killed In Ukraine Fighting
Leading semiconductor physicist Vasyl Kladko dies amidst Russian incursion in Kyiv area, as science agency warns institutes under military attack
Intel Confirms ‘Mega Factory’ In Germany
Chip giant Intel says it will initially invest 33 billion euros in EU, including 17bn euros for a 'semiconductor fab mega-site in Germany'
ARM To Axe 15 Percent Of Staff, 1,000 Jobs To Go
Chip designer ARM is to cut 15 percent of its workforce, as it reverts to its backup plan of an initial public offering after the Nvidia deal collapse
Apple Suppliers Hit By Fresh China Covid-19 Restrictions
Dozens of tech manufacturers in China's Shenzhen, including Apple supplier Foxconn, forced to shut down as coronavirus cases rise
Tesla, SpaceX Face ‘Significant’ Inflation Pressure, Musk Says
Elon Musk says electric carmaker Tesla and rocket company SpaceX both face 'significant' inflationary pressures amidst Ukraine conflict
Chip Shortage Fears Raised, After Ukraine Halts Neon Production
Two of the leading suppliers of neon in Ukraine have halted neon production, raising concern about the impact on worldwide chip production
Apple Raises Price For Entry-Level iPhone SE
Cheapest iPhone from Apple has just got a bit more expense, with A15 processor and 5G, buried within the old iPhone 8 layout
Apple Patent Outlines Mac In A Keyboard
Retro computing move. Patent from Apple imagines Magic keyboard with a built-in Mac, allowing user to just attach screen, mouse
Intel Selects German City For European Chip Factory – Report
US chip giant Intel reportedly selects Magdeburg in Germany for new European chip factory, although official confirmation is expected later this week
Nvidia Admits Data Breach, Exposing Staff And Company Data – Report
Data stolen from GPU powerhouse Nvidia has been leaked online, amid media reports that it has suffered a ransomware attack
Tech Export Ban On Russia Takes Shape
No more chips for you. Details emerge of what technology will be banned under US and worldwide export restrictions on Russia
President Biden Confirms Tech Ban Included In Sanctions
More than half over Russia's high tech imports will be cut says President Joe Biden, as Putin's forces seize control of Chernobyl nuclear power plant
Chip Makers Ease Disruption Concerns After Russian Invasion
Despite Ukraine being a key material supplier needed for chipmaking, manufacturers seek to ease worries of semiconductor disruption