Tag: Semiconductor
South Korea chip inventory climbs the fastest in 27 years
South Korea's semiconductor inventory rose 28% in January, marking the fastest increase since 1996. With chips comprising 12% of exports, the surge highlights a prolonged tech recession dampening economic growth. Global demand downturn and geopolitical tensions further complicate recovery prospects.
IBM partners with new chipmaker Rapidus to make up lost ground
IBM collaborates with Rapidus, a new Japanese government-backed chipmaker, to develop cutting-edge semiconductor technology. This partnership aims to help Japan regain its competitive edge in chip production amid global technological tensions and supply chain challenges.
Global semiconductor equipment sales to hit record US$108.5bil this year
[The Semiconductor Equipment Manufacturers Industry (SEMI) predicts global semiconductor manufacturing equipment sales will hit US$108.5 billion in 2022, surpassing the previous record of US$102.5 billion in 2021. Front-end and back-end categories are expected to drive growth, though sales are projected to decline to US$91.2 billion next year.]
Taiwan fears impact of US chip restrictionso
Taiwanese economic officials express concerns about recent US semiconductor legislation potentially harming Taiwan's critical chip export industries. The $50 billion Chips and Science Act aims to reduce reliance on Taiwanese technology, creating uncertainty for the island's tech manufacturing sector.
SK Hynix to invest US$11bil in new South Korea chip plant
SK Hynix will invest 15 trillion won ($10.9 billion) to build a new semiconductor facility called M15X in Cheongju, south of Seoul. Construction begins in October 2023 and is expected to complete in early 2025, expanding the company's memory chip manufacturing capabilities.
Arizona Gov. Ducey hails Taiwan semiconductor investment
Arizona Governor Doug Ducey celebrated Taiwan Semiconductor Manufacturing Corp's $12 billion investment in the state during a meeting with Taiwanese President Tsai Ing-wen. The investment underscores growing economic ties between Taiwan and the US in the semiconductor industry, amid increasing tensions with China.
Malaysia to increase efforts to address semiconductor backlog orders.
Malaysia is actively working to mitigate semiconductor order backlogs that emerged during the COVID-19 pandemic. Global supply chain issues, including lockdowns, factory incidents, and transportation challenges, have significantly impacted the semiconductor industry's production and delivery capabilities.
