Search result for chips
The Korean Chips Act intends to maintain tax breaks for domestic chip manufacturers
The Korean Chips Act intends to maintain tax breaks for domestic chip manufacturers. A new law has been passed in Korea to help domestic semiconductor manufacturers compete in the global chip weapons race. Pyeongtaek, Gyeonggi Province, Thursday: Construction of a Samsung Electronics semiconducto...
Manufacturers like Nestle and Tyson are banking on the popularity of air fryers to increase their profits.
Kettle Foods, best known for its kettle-cooked potato chips, has just introduced air-fried crisps, which it claims will "redefine" the potato chip category.
As the newest illustration of Big Food betting on consumers' love of all things cooked in air fryers, Campbell Soup&...
As demand for semiconductors and mobile devices declines, Samsung has its lowest quarterly profit in 8 years.
Preliminary estimates show that as worldwide demand for memory chips and smartphones wanes due to high inflation and sluggish economy, Samsung Electronics' operating profit plunged 69% to $3.4 billion in the quarter ending in December, an eight-year low. Despite "continued external conce...
Korean Government and industry collaborate on US CHIPS Act issues
In response to the recently passed U.S. CHIPS Act and the Inflation Reduction Act (IRA), which could hurt the nation's semiconductor, automotive, and battery industries, the government has organized a taskforce with Samsung, SK, Hyundai Motor, LG, and other corporations.
Under the p...
Toshiba plans to split into three listed firms
The Toshiba Corp, is planning to break up into three listed companies which will focus on memory chips, infrastructure and devices. This new plan is being carried out to improve the shareholder value and also encourage activist shareholders to exit.
Highlights
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Japanese game maker Nintendo faces serious damage due to chip crunch
The shortage of computer chips has caused a serious problem for the makers of the Nintendo Switch machine, as told by the president of the Japanese video-game maker. Shuntaro Furukawa said that this situation remains extremely tight and the future is uncertain.
Highlights
Shortage of chips hits medical devices and services
The shortage of semiconductor chips is now affecting medical services, saving equipments and medical technology industries. Growing chip uncertainty and worldwide supply turmoil have led to shortage and higher prices for certain devices.
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Apple likely to cut production of iPhone 13 due to chip crunch
Apple might slash production of iPhone 13, due to global chip shortage. The company is likely to slash the production of 10 million units, as per a news report.
HIGHLIGHTS
- Apple shares fall up to 1.2% after trading hours
- Shortage of chips ha...
Shortage of semiconductor chips affecting production of goods
Highlights
- Shortage of semiconductors leading to delay in production
- Automobile industry is severely affected
The shortage of semiconductors has affected many sectors such automobile. These companies around the world are struggling t...
Intel planning to invest EUR 80 billion to boost EU chip technology
Highlights
- Intel is one of world’s biggest manufacturer of chips
- The company is planning to make chips for automakers
Intel said it could invest around EUR 80 billion to boost the European region's chip capacity and it is a...
S. KOREA SAW A RECORD INCREASE IN EXPORTS BY 41.1% IN APRIL
Highlights –
- S. Korea saw a record increase in exports by 41.1% in April.
- Exports grew on demand for chips and automobiles.
- Outbound shipments in April were reported to be $51.1 billion.
- Stronger demand for laptops and othe...
FORD MOTOR CO TO HALT ADDITIONAL US AUTO PRODUCTION IN WAKE OF CHIPS SHORTAGE
Highlights
• Ford will cancel production next week at Chicago Assembly Plant and its Flat Rock Assembly Plant and part of its Kansas City Assembly Plant
• Recently a US auto industry group called on the federal government to help as there are chances of 1.28 million ...
SK HYNIX’S PROJECT TO BUILD NEW SEMICONDUCTOR COMPLEX APPROVED
Highlights –
- SK Hynix’s project to build new semiconductor complex approved.
- The project is said to be of $106 billion and is a move to ease supply shortages.
- The company has completed all the necessary administrative procedures...
S. KOREA’S EXPORTS OF ICT PROUCTS INCREASE BY 11.5 PERCENT IN FEB. 2021
Highlights –
- S. Korea’s exports of ICT products increase by 11.5 percent in Feb. 2021.
- Strong overseas demand for chips and displays led to increasing in exports.
- Outbound shipment of chips advanced to $5.22 billion.
- ...
SAMSUNG REVEALS ADDITIONAL DETAILS ABOUT ITS PLANS TO BUILD $17 BN CHIP FACILITY IN TEXAS
Highlights
• Samsung in a filing with the Texas government has revealed additional details about its plans to build a cutting-edge semiconductor facility in the United States
• Last month it was reported on the basis of documents filed with Texas state officials, tha...
REALME LAUNCHES 2 SMARTPHONES IN INDIA
HIGHLIGHTS
- Realme has launched 2 smartphones in India.
- Realme X7 5G is first smartphone in India to be powered by the MediaTek Dimensity 800U chipset.
Realme has added two new smartphones in its X Series called X7 5G and X7 Pro. Both...
TOKYO STOCKS END MIXED OVER SOLID GAINS IN SEMI-CONDUCTOR SHARES
Highlights –
- Tokyo stocks end mixed over solid gains in semi-conductor shares.
- The 225-issue Nikkei Stock Average ended at 42.86 points.
- Topix index on the TSE finished 3.06 points.
- Stock issues declined in marine transport...
MAZDA MOTOR REPORTS TO CUT ITS GLOBAL PRODUCTION BY 7,000 VEHICLES
Highlights –
- Mazda Motor reports to cut its global production by 7,000 vehicles.
- The company has not able to procure enough chips for key safety and environmental technology.
- The company is expecting a net loss of 50 billion yen. ...
RETAIL INVESTORS’ HEADLONG RUSH FOR SAMSUNG ELECTRONICS’ SURGING SHARES
- South Korean retail speculators last week infused over 1.2 trillion won ($1.1 billion) to buy Samsung Electronics shares that scaled the 70,000 won mark for the first time earlier this month, data showed Monday.
- During the five trading sessions, small domestic investors made aw...
SK HYNIX ACES SEMICONDUCTOR RACE WITH 4D 176 LAYER NAND FLASH CHIPS
- SK Hynix announced Monday that it has popularized a 176-layer semiconductor further acing the race among NAND flash chip manufacturers.
- The company declared it has successfully developed 176-layer, 512 gigabyte, triple-level cell (TLC) 4D NAND flash chips, which comprise a much...