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Taiwan begins recovery from quake as TSMC resumes production

Taiwan Semiconductor Manufacturing Co, the leading producer of advanced chips for Apple Inc and Nvidia Corp, said it would resume production less than 24 hours after evacuating staff and halting operations. The company said there has been no damage to its most critical chip-making equipment.
National Taiwan University T Ai Pei Nvidia Corp Jefferies Financial Group Inc Citigroup Inc National Science

US Semiconductor Demand: South Korean computer chipmaker plans USD 3.87 bn Indiana semiconductor plant and research center, ET Telecom

US Semiconductor Demand: The investment will move Indiana to the forefront of artificial intelligence in America, said Purdue University President Mung Chiang said. The new plant will be built at the Purdue Research Park, an economic development incubator at the university.
United States West Lafayette South Korea Purdue University South Korean Eric Holcomb

Intel discloses $7 billion operating loss for chip-making unit

During a presentation for investors, Chief Executive Pat Gelsinger said 2024 would be the year of worst operating losses for the company's chipmaking business and that it expects to break even on an operating basis by about 2027.
Pat Gelsinger Exchange Commission Samsung Electronics Co Ltd Chief Executive Pat Gelsinger Intel Chip Making Factories Expansion Ntel Semiconductor Manufacturing

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Mitsui Chemicals ICT Materia is Starting its Business

Mitsui Chemicals, Inc. (Tokyo: 4183; President & CEO: HASHIMOTO Osamu) has announced that new affiliate Mitsui Chemicals ICT Materia, Inc. (ICTM) is starting its business as of April 1, 2024. ICTM has been established as a film solutions company specializing in the ICT field. The company will supply film and sheet products required in the ICT industrial field, including semiconductor, electronic component, and photovoltaic panel manufacturing. In addition, ICTM will leverage the comprehen...
Chuo Ku Mitsui Chemicals Group Head Office Research Development Sector Sheet Inc Production Technology Sector

Polymatech Electronics signs MoU with Orbray for tech transfer; to seek capital subsidy from Centre, ET Telecom

Polymatech Electronics had signed a memorandum of understanding with the Government of Tamil Nadu in May 2020 and produces opto-semiconductor chips at its Oragadam facility near Chennai. It has shipped products worth over USD 125 million in 2023-24.
Tamil Nadu Eswara Rao Nandam Namiki Seimitsu Houseki Kabushiki Gaisha Polymatech Electronics Orbray Co Adamant Namiki Seimitsu Houseki Kabushiki Gaisha

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