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Taiwan accuses Chinese firms of illegal operations and talent poaching
May 31,2024
Taiwanese authorities have accused Luxshare Precision Industry, a Chinese Apple supplier, of illegally operating in Taiwan and attempting to poach tech talent. The Ministry of Justice Investigation Bureau identified Luxshare as one of eight companies...
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Malaysia aims for $107 billion investment in semiconductor industry
May 28,2024
According to Prime Minister Anwar Ibrahim, Malaysia aims to attract a minimum of 500 billion ringgit ($107 billion) in investments for its semiconductor industry. With Malaysia already accounting for 13% of global testing and packaging in the semicon...
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China's AI chipmakers closing gap on global leaders
May 28,2024
China's domestic AI chipmakers are rapidly closing the gap on international leaders, according to Xu Bing, co-founder of SenseTime Group Inc. Despite the significant lag in computational power compared to the US, China possesses the talent and data n...
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South Korea to boost support for chip industry
May 28,2024
South Korea's finance minister, Choi Sang-mok, announced plans to introduce detailed tax incentives to increase the value of listed companies as part of ongoing corporate reforms. These measures, which are part of the 'Value-up Programme', will be re...
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China establishes third state-backed fund to boost semiconductor industry
May 27,2024
China has established its third state-backed investment fund to bolster the semiconductor industry, with a registered capital of 344 billion yuan ($47.5 billion). The initiative underscores President Xi Jinping's push for self-sufficiency in semicond...
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South Korea unveils $19 billion boost for chip industry
May 23,2024
South Korea has unveiled a substantial 26 trillion won ($19 billion) support package for its semiconductor industry to stay competitive in the fiercely contested global market. Announced by President Yoon Suk Yeol, the package includes a 17 trillion ...
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EU Chips Act funds new chip pilot line with E2.5 billion
May 21,2024
Leading European research labs will receive E2.5 billion under the European Chips Act to establish a pilot line for developing and testing future generations of advanced computer chips, according to Belgium's IMEC. The initiative is part of the EU's ...
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US set to triple semiconductor production, widening chipmaking gap with China
May 09,2024
As per a report by the Semiconductor Industry Association (SIA) and Boston Consulting Group (BCG), US is expected to account for 28% of sub-10-nanometer chip production, while China will potentially lay claim to just 2% of the production of advanced ...
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Intel, Qualcomm chip sales to Huawei stopped by US
May 08,2024
The US has taken a significant step in its ongoing trade restrictions with Chinese telecom giant Huawei Technologies. Several licenses permitting companies like Intel and Qualcomm to supply chips for laptops and handsets to Huawei have been revoked, ...
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Biden's Micron Deal: $6.14 Billion boost for American chip production
Apr 29,2024
President Joe Biden revealed a preliminary agreement with Micron Technology, securing potential subsidies of up to$6.14 billion for the establishment of two fresh chip manufacturing facilities in New York and Idaho. This accord, overseen by the U.S. ...
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KYEC's strategic exit: navigating global semiconductor shifts amid Geopolitical tensions
Apr 28,2024
King Yuan Electronics Co. (KYEC), a leading Taiwanese firm specialising in semiconductor testing and packaging, has decided to divest its entire stake in its subsidiary located in Suzhou, China. This strategic exit from mainland China's semiconductor...
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Rubio urges Biden to halt Huawei sales amidst Intel Chip controversy
Apr 26,2024
,Republican Senator Marco Rubio is pressing the Biden administration to halt all transactions with Huawei in light of its introduction of an AI-capable laptop powered by an Intel chip. Rubio, along with Republican colleague Elise Stefanik, criticised...
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