Taipei, Aug. 13 (CNA) The annual production value of Taiwan's integrated circuit industry is expected to surpass NT$4 trillion (US$143.9 billion) for the first time, in 2021, the Industrial Economics and Knowledge Center (IEK) said Friday, a forecast that analysts attributed to strong demand for emerging technologies worldwide and a booming global stay-at-home economy.
US $52 billion chip funding could help ease the global chip shortage PUBLISHED BY
The semiconductor chip shortage is far from over but this hasn’t stopped governments around the globe from getting creative to move production ahead. The impact of the chip crisis on the automotive market has been debilitating, resulting in competition between automakers and electronics manufacturers. To prevent the global chip shortage from razing the economy to the ground the
U.S. Commerce Secretary Gina Raimondo has proposed a
$52 billion boost in
U.S. government funding for semiconductor production and research which could result in seven to 10 new U.S. factories.
Taiwanese chipmaker Vanguard to acquire Hsinchu factory for NT$905 million
04/29/2021 06:12 PM
CNA file photo
Taipei, April 29 (CNA) Contract chipmaker Vanguard International Semiconductor Corp. said Wednesday that it has agreed to purchase an 8-inch semiconductor fab in Hsinchu Science Park for NT$905 million (US$32.5 million).
In a statement, the company said the acquisition of the L3B factory site from industry peer AU Optronics will be completed on Jan. 1, 2022, and help it to meet rising client demand.
After the purchase, Vanguard will operate a total of five factories, including two others in Hsinchu Science Park, one in Taoyuan and one in Singapore that it acquired in 2019.