chip production

The Biden administration is in talks to award more than $10 billion in subsidies to Intel Corp , Bloomberg News reported on Friday, citing people familiar with the matter.Negotiations are underway, and Intel's award package will likely include both loans and direct grants, according to the report. The U.S. Department of Commerce, which oversees the disbursement of CHIPS Act funds, and Intel declined to comment. The department has already announced two smaller Chips Act grants and U.S. Commerce Secretary Gina Raimondo said…

Samsung Electronics Co. has delayed mass production plans at its new chip plant in Taylor, Texas, the Seoul Economic Daily said, potentially dealing another blow to the Biden administration's ambition to increase domestic semiconductor supplies. teMass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung's foundry business at an industry event in San Francisco.  Samsung previously said the factory would start production in the second…

The problem is particularly acute in processors and memory chips, which perform calculations and store data in personal computers, tablets, smartphones and other devices.European Commission President Ursula von der Leyen on Tuesday hailed the construction of a new factory by Germany's Infineon a milestone in mass chip production as Europe tries to capture a larger slice of the strategic industry. Speaking at the groundbreaking ceremony of Infineon's factory in the German city of Dresden, von der Leyen said it was a step…

Samsung Electronics Co Ltd said it would make a "meaningful" cut to chip production, following the lead of smaller rivals, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting.The unusual output cut by the world's biggest memory chipmaker - with no previous announcement recalled by Samsung officials and analysts - came after it flagged a worse-than-expected 96% plunge in first-quarter profit.Investors brushed off the profit miss, betting the move by the industry leader would…

South Korea's SK Hynix Inc will ask the United States for a year's further exemption from chip curbs against China, the chief executive of the world's No. 2 maker of memory chips said. The company will seek the exemption after the current grace period ends in October, Chief Executive Park Jung-ho told reporters at the annual general meeting of shareholders in South Korea. "Talks between the Korea and the US governments should go well," he said. "From our end, we will also buy time and adjust our management plan. We will…

New Delhi: The mass production of chip-maker Intels next big flagship processor Meteor Lake is expected to be delayed until 2024, a report has said.According to TrendForce research, Intel plans to outsource the tGPU chipset in Meteor Lake to Taiwan Semiconductor Manufacturing Company (TSMC) for manufacture. "Mass production of this product was initially planned for 2H22 but was later postponed to 1H23 due to product design and process verification issues," the report mentioned. Recently, the product's mass production…

President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion (roughly Rs. 4,14,800 crore) in subsidies to cut reliance on foreign sourcing for the vital component. Speaking to senior economic and national security staff and representatives from manufacturers and a trade union, Biden said government backing for domestic producers means the United States will "be able to stay in the game." "Congress must pass this bill as soon as possible," he said, citing both…

Samsung is anticipated to announce the beginning of the mass production of 3nm chips next week. In doing so, the company will surpass TSMC, whose 3nm chip production is anticipated to start in the second half of this year.According to a news report from GSM Arena citing Yonhap News, in comparison to its 5nm process, Samsung's 3nm node will result in a 35 percent reduction in area, a 30 percent increase in performance, or a 50 percent reduction in power consumption (which was used for the Snapdragon 888 and Exynos 2100).By…

Electric motor maker Nidec Corp. said that it would combine group semiconductor purchases into a single procurement unit to strengthen ties with chip makers and ensure it could source key components amid continued uncertainty over supplies. "The chip industry environment is more uncertain than it has ever been," said Ryuji Omura, deputy chief technology officer of Nidec, makes motors for electric vehicles, household appliances and other products. The company's decision to centralize procurement is a sign that chip…