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Search Keyword: chipmaker

Micron Technology to invest $ 150 bn in semiconductor business
News
  Oct 25, 2021

Micron Technology to invest $ 150 bn in semiconductor business

Micron Technology will invest $150 billion in semiconductor research and development and manufacturing over the next 10 years.

Global auto industry to loss $210 bn due to chip shortage
News
  Sep 25, 2021

Global auto industry to loss $210 bn due to chip shortage

An ongoing global shortage in semiconductors is on track to cost the world’s automakers $210bn in lost revenue this year, almost double that of previous estimates.

Vehicle sales for August take a beating due to global chip shortage
News
  Sep 06, 2021

Vehicle sales for August take a beating due to global chip shortage

This year auto dealers expect the semiconductor shortage to result in sales dropping by about 30%. SIAM has asked the MEA to reach out to chipmakers to prioritise Indian automakers when plants reopen.

Xiaomi invests in auto communications chipmaker Motorcomm
News
  Sep 06, 2021

Xiaomi invests in auto communications chipmaker Motorcomm

The investment in Motorcomm was done through the Hubei Xiaomi Yangtze River Industrial Fund. The size and other details of the deal were not disclosed.

Foxconn acquires Macronix’s semiconductor wafer factory
News
  Aug 10, 2021

Foxconn acquires Macronix’s semiconductor wafer factory

Foxconn will buy a semiconductor factory that manufactures six-inch wafers from Taiwanese memory chip supplier Macronix International for $91 million. It will boost Foxconn’s ambition to make EVs and auto chips.

Dr Sreeram Srinivasan: There is manifold rise in chips demand
Interviews
  Jul 14, 2021

Dr Sreeram Srinivasan: There is manifold rise in chips demand

In this interview with Rakesh Rao, Dr Sreeram Srinivasan, CEO, Syrma Technology Pvt Ltd, discusses reasons behind the current chip shortage crisis and new growth opportunities for the company

China
News
  May 18, 2021

China's vehicle production drops due to global semiconductor shortage

Vehicle production in China fell from 69.8% to 6.8% in April 2021. The global shortage of semiconductors is believed to be the major reason behind the slump.

Automakers might lose $110 billion revenues due to chip shortage
News
  May 17, 2021

Automakers might lose $110 billion revenues due to chip shortage

As per Alix Partners, automakers might lose $110 billion revenue due to global semiconductor chip shortage. The amount was previously estimated as $61 billion. The crisis might hit the production of 3.9 million vehicles.

Intel wants $9.7 bn in public subsidies for European chip factory
News
  May 05, 2021

Intel wants $9.7 bn in public subsidies for European chip factory

Pat Gelsinger, CEO, Intel, met with Thierry Breton, European Commissioner, to deliberate the semiconductor strategy. He stated that the existing global chip shortage will persist for another couple of years.

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