The Chips Act is a win-win for the United States and South Korea.

The US Chips Act, which was signed into law in August to reduce America's reliance on foreign-made semiconductors by increasing domestic production, is a win-win for both the United States and South Korea, according to US Vice President Joe Biden.

"It's cre...

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...

IBM and Rapidus have agreed to work together to create cutting-edge semiconductors

On Tuesday, Rapidus Corp, a new semiconductor manufacturer in Japan, and IBM Corp announced a strategic collaboration agreement to work together on developing technology for manufacturing next-generation computer chips, amid intense competition between the United States and China.

Japan...

Seoul and Washington set up a hotline to discuss industrial cooperation

Seoul and Washington have agreed to discuss cooperation for the stable supply of semiconductors and address the global shortage of chips, over a hotline. Both the countries have decided to set up a hotline. This will also help in raising the dialogue for their extended industrial cooperation.

GM will be making changes in it's supply chain to address semiconductor chip crisis

Highlights

• The company is planning to make changes in its supply chain
• They are planning to develop a direct relationship with the manufacturers

Mary Barra, Co-Chief Executive of General Motors said the automaker is planning to make ...

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...

TOYOTA AUSTRALIA: IT IS NOT AFFECTED BY SHORTAGE OF SEMICONDUCTORS

Highlights:

• Toyota Australia said, it is not affected by the shortage of semiconductors
• The company has reported a record demand for much of the company’s line up

The automobile company Toyota said that, it has been doing ...

TOYOTA MOTOR’S GLOBAL OUTPUT DOUBLED IN APRIL

Highlights –

• Toyota Motor’s global output doubled in April.
• Global sales doubled to 859,448 units.
• Sales in Japan itself including mini vehicles, rose 27.1 percent from a year earlier to 124,017 units.
• Overseas output...

LIMITED SUPPLY OF SEMICONDUCTORS DELAYS CAR LAUNCHES

HIGHLIGHTS

• Chip Makers are concerned about delay in car launches in India.
• Due to the lack of semiconductors for the auto industry, many car launches getting delayed in India and the world.
• Usually, passenger vehicles use around 1,000 semic...

JAPAN SAW A BRISK INCREASE IN EXPORTS IN MARCH BY 16.1 PERCENT

Highlights –

• Japan saw a brisk increase in exports in March by 16.1 percent.
•  The recovery in exports has been attributed to rising in material shipments to China.
• Japan’s exports stood at 7.38 trillion yen ($68 billion).

TAIWAN’S TSMC TO INVEST $100 BILLION TO EXPAND ITS MANUFACTURING CAPACITY

Highlights –

• Taiwan’s TSMC to invest $100 billion to expand its manufacturing capacity.
• Apple Inc. and Qualcomm Inc. mostly uses processor chips made by TSMC.
• The chip maker’s revenue was 18% higher in January-February per...

S. KOREA BECOMES WORLD’S 3RD LARGEST MAKER OF CHIP MATERIALS IN 2020

Highlights –

• S. Korea becomes world’s 3rd largest maker of chip materials in 2020.
• S. Korea’s semiconductor market grew 3.9 percent in 2020.
• China overtook South Korea to occupy the second spot at $9.76 billion.

EXPORT OF GOODS IN JAPAN FALLS IN FEB. BY 4.5 PERCENT

Highlights –

• Export of goods in Japan falls in Feb by 4.5 percent.
• The decline has been due to sluggish demand by the U.S for items such as cars.
• The country’s auto exports fell to 12.9 percent.
• Exports of semiconduct...

TSMC BEATS SAMSUNG COMPREHENSIVELY IN CHIP MANUFACTURING RACE

• A media report from Taiwan concluded  that TSMC, the world’s No. 1 foundry based in Taiwan, has brought in advance more than half of  EUV lithography equipment that will be manufactured by ASML of the Netherlands in 2021.
• The reason Samsung is investing in EUV l...

KOREAN INDUSTRIES TIGHT-LIPPED TO OUTCOME OF US PRESIDENTIAL ELECTIONS

• As the world elatedly watches the razor-sharp US presidential election unfold to a lot of uncertainty ahead, Democrat candidate Joe Biden appears to have the upper hand, as of Thursday here.
• South Korean industries have remained pensive for either scenario, with prospects gyrat...

INDIAN GOVERNMENT ROLLS OUT NEW INCENTIVES FOR INDIA’S ELECTRONICS INDUSTRY

HIGHLIGHTS

• Indian government has rolled out new incentives for electronics industry.
• Three new schemes have been announced by the government.

‘Make in India’ initiative and the ‘Digital India’ initiative have ...

SAMSUNG AND SK HYNIX SEEK ALTERNATIVE TO HUAWEI TO QUELL LOSSES

• U.S. sanctions on Huawei are likely to affect the fourth-quarter profits of Samsung Electronics and SK Hynix, and so the two semiconductor titans are seeking alternative smartphone manufacturers to gain lost ground over lost sales to the Chinese tech behemoth.
• Huawei is one of ...

SHINSUNG E&G COMES FROM BEHIND TO STORM INTO SOLAR POWER BIZ FILLED WITH ENCUMBRANCES

• Exactly one year after Shinsung E&G launched a solar power business; the onset of 2008 global financial crisis was overpowering, forcing the government to shut down subsidy programs for the industry.
• This was followed by an excess of cheap Chinese products flooded the marke...

SK HYNIX AND SAMSUNG EXCLUDED FROM MEMORY CHIP SUPPLIES TO HUAWEI

• Korean technology companies are staring at an impending sales decline in the fourth quarter bracing for possible sales declines in the fourth quarter, as the United States is set to cut off China’s tech giant Huawei from various chip supplies starting Tuesday.
• The semicon...

Through advanced image sensors, Sony strives to meet demand for smartphones

The latest reports underline efforts taken by Sony Corp. to manufacture the in-demand image sensors. For the second consecutive year, the company runs its chip factories even through the holiday season in order to cope with the demand for sensors used in mobile phone cameras, stated the head of S...