The US law is now the landmark bill that has been promoted for a long time by the administration of Joe Biden to strengthen the competitiveness of the US against China in the field of technology, especially in the field of semiconductors. The US president signed the bill into law on Tuesday, which provides $52.7 […]
Tag: semiconductors
Electronic products are expected to become even more expensive as chip giants increase their prices
Semiconductor-based products are expected to become even more expensive as chip makers prepare to raise their prices, according to CNBC, which cites analysts. Major companies, including Taiwan Semiconductor Manufacturing Company, Samsung and Intel, are considering further price increases, analysts told CNBC. “Factories have already increased prices by 10-20% in the last year,” Bain semiconductor analyst […]
Intel CEO expects shortage of semiconductors to last until 2024
Intel CEO Pat Gelsinger told CNBC on Friday that he expects the semiconductor shortage to last until 2024. In an interview with CNBC, Gelsinger said the global semiconductor crisis could be prolonged by the limited availability of basic construction tools, creating an obstacle to expanding the capacity levels needed to meet growing demand. “This is […]
Shares of chip companies ‘collapse’ due to Ukrainian crisis and inflation
Shares of chip companies plummeted on Friday as investors assessed higher-than-expected inflation and rising tensions between Ukraine and Russia, according to CNBC. Semiconductor companies were boosted by increased demand during the pandemic and generally reported strong profits and prospects last month. But investors are turning to lower-risk stocks amid high inflation, with Reuters saying on […]
US: White House warns semiconductor companies to prepare for Russian retaliation
The White House warns US semiconductor companies to diversify their supply chains to address shortages in the event that Russia “responds” to threatening US restrictions on Russian exports by blocking access to basic raw materials. According to sources quoted by Reuters, Peter Harrell, a member of the White House National Security Council, and executives of […]
EU strategic investment in semiconductors
The EU will invest more than 40 billion euros in the production of semiconductors (microchips). Its goal is to reduce its dependence on Asian and US markets. “Europe started all the radical changes in the industrial sector, now Europe can become the cradle of a new industrial revolution.” With these words, the President of the […]
Von der Layen: Our goal is to produce semiconductors to reach 20% of the world market by 2030
“We aim to increase microchip production to 20% of the world market by 2030,” European Commission President Ursula von der Leyen said today, introducing the “European Chips Act” which proposed by the Commission. In a market that will double by 2030, this means “quadrupling the production of semiconductors in Europe”, stressed Ursula von der Leyen, […]
EU: € 43 billion mammoth plan for public and private investment in chips (semiconductors) by 2030
The European Commission today unveiled a € 43 billion plan for public and private investment in chips (semiconductors) by 2030. Introducing the European Chips Act, Internal Market Commissioner Thierry Breton emphasized that the aim was to double the EU’s share of global chip production, which currently stands at just 10%, while reducing its dependence on […]
US: Parliament voted for n / s on US self-sufficiency against China in semiconductors
Despite Republicans’ objections, the House of Representatives today voted in favor of a multibillion-dollar bill aimed at boosting US competitiveness with China and boosting the semiconductor industry. In this new episode of the “war” between Washington and Beijing, the House approved, with 222 votes in favor against 210 against, the bill for the production of […]
Semiconductor shortages and slow deliveries of new cars will continue to be a problem in 2022
The great shortages of semiconductors, but also the reduction of hours in many production plants, were the two main problems of the automotive industry that changed the sales data around the world for the past year. It was definitely a difficult year, as most dealerships had few cars in their shop windows and long delivery […]