News May 25, 2021 Japanese automakers fear global chip shortage likely to continue The global chip shortage that has been haunting Japanese automakers by derailing production is likely to continue. Some automakers believe that they will have to adjust to the problem for years to come.
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.
News Apr 30, 2021 Taiwan’s UMC to invest $3.6 bn to expand chip production capacity The chipmaker will spend $3.6 billion in the next three years to combat the global chip shortage. The production will happen at an existing UMC facility in the Tainan Science Park from the Q2 of 2023.
News Apr 27, 2021 Contract chipmaker TSMC to invest $2.8 bn for expansion To handle the global chip shortage, The Taiwan Semiconductor Manufacturing Co has announced that it plans to increase its plant capacity with an investment of $2.8 billion to install mature technology.