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King Yuan Electronics has been forced to stop production for two days to clean the offices and have the employees tested after an increase in coronavirus cases.
Chipmakers Roll In The Cash As Auto Industry Continues To Feel Shortage Effects 06/01/21 AT 12:21 PM While the auto industry continues to be impacted by a lack of semiconductor chips, the manufacturers that make these chips are seeing huge profit gains from the other industries that have seen an increase in demand for the tech products that use them. According to a report from market research firm TrendForce, the 10 largest global chip producers reported record revenues for Q1 2021, as reported by CNBC. These chip producers, also known as foundries, had combined first-quarter revenues of $22....
A group of U.S. senators are on the verge of unleashing a $52-billion proposal to drive the U.S. semiconductor chip production and research over five years to tackle the growing Chinese semiconductor production and crisis impacting the automakers and other U.S. industries Reuters reports. The proposal includes $49.5 billion in emergency added appropriations to fund the chip provisions included in this year’s National Defense Authorization Act. The proposal includes $39 billion in production, R&D incentives, and $10.5 billion to implement programs including the National Semiconducto...
02 May 2021, 10:05 pm The looming chip shortage has become a big problem to the manufacturers when the pandemic came. As a result, it persists to affect several companies, and per Pat Gelsinger, Intel's new CEO, the problem won't be "resolved" for some time. Intel CEO's Take on Global Semiconductor Shortage (Photo : Pok Rie from Pexels) In an interview with CBS's program, "60 Minutes," Gelsinger said that several firms are now coping up with the crisis. Currently, they are addressing it by implementing an effective method to increase the production efficiency of the chips. He added that it co...
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