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SK Hynix to begin construction on $106 billion semiconductor fabrication complex

SK Hynix received approval from the South Korean government to start building a ₩120 trillion ($106.5 billion) semiconductor fabrication cluster in-country later this year....

Global semiconductor revenue up 14.7 percent in February from 2020

The Semiconductor Industry Association (SIA) recently reported global chip sales increased by 14.7 percent year-over-year in February. The group ascertained its members generated $39.59 billion...

TSMC will invest $100B over three years to increase chip capacity

In terms of chip supply, the COVID-19 pandemic couldn’t have come at a worse time. Major shifts in technology, including the arrival of 5G,...

Foxconn, lead iPhone assembler, warns shipments will fall by 10 percent due to chip crisis

Foxconn, Apple’s main iPhone assembler, recently revealed its shipments would fall by 10 percent because of the global semiconductor shortage. Chairman and CEO Young Liu...

Samsung reopens Austin semiconductor factory after over a month of downtime

Samsung reopened its Austin, Texas-based semiconductor manufacturing facility, Line S2, on Tuesday after more than a month of downtime. The South Korean conglomerate took...

China cuts chip manufacturing equipment and materials import taxes through 2030

The Chinese government announced it would not charge local chipmakers import taxes for equipment and raw materials through 2030. Beijing made the move to bolster...

TSMC and Micron facilities affected by water supply cuts in Taiwan

Taiwan's government announced it would reduce the water supply by 15 percent in a region that hosts factories operated by Micron Technology and TSMC....

Magnachip Semiconductor agrees to $1.4 billion purchase by Wise Road Capital

Magnachip Semiconductor recently announced it agreed to be purchased by Wise Road Capital, a Chinese private equity firm, for $1.4 billion. The chipmaker’s shareholders...

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Ford and Stellantis warn auto chip shortage could last until 2022

Ford and Stellantis recently warned that the global chip shortage could persist into 2022. The automakers also revealed how the...

SK Hynix improves Q1 operating profit by 66 percent due to consumer products demand

SK Hynix grew its first-quarter operating profit by 66 percent year-over-year thanks to strong demand for new PCs and...

Apple expects semiconductor shortage to cut Q2 revenue by up to $4 billion

Apple reported that its revenue expanded by 54 percent year-over-year during the fiscal second quarter recently. That income spike,...

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