chipmaker

Taiwan's Foxconn said on Wednesday it has partnered with chipmaker NXP Semiconductors to develop platforms for electric vehicles, adding to a string of such deals by the iPhone assembler as it moves into the auto market. Foxconn, best known for assembling Apple's iPhone, has expanded into areas including electric vehicles (EVs) and semiconductors in recent years, announcing deals with U.S. startup Fisker Inc and Indian conglomerate Vedanta Ltd. In a statement, Foxconn said it had signed a memorandum of understanding with…

Tower Semiconductor, which is being bought out by chipmaker Intel Corp., did not immediately respond to a Reuters request for comment. Tower Semiconductor, which is being bought out by chipmaker Intel Corp., did not immediately respond to a Reuters request for comment. FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

US officials are considering discussing a Defence Department proposal this month to close regulatory loopholes that have allowed Chinese chipmaker SMIC to buy critical US technology, the Wall Street Journal reported on Thursday.Some Commerce Department officials are trying to block the Defence Department's proposal, the Journal added, citing people familiar with the matter.Semiconductor Manufacturing International Corporation (SMIC) was added to a US blacklist last year that denies it access to advanced manufacturing…

South Korean AI chip developer Rebellions has raised a $22.8 million (30 billion KRW) extension to its Series A financing from a strategic investor KT, one of the largest telecom companies in South Korea.  Last month, TechCrunch reported on Rebellions closing on $50 million in funding that valued the company at an estimated $283 million. At that time, Rebellions CEO and co-founder Sunghyun Park told TechCrunch that the startup wrapped up its initial Series A, which was oversubscribed, in less…

Shares in ASML Holding, a key supplier of equipment to semiconductor makers, fell on Tuesday following a Bloomberg News report that the US government wants to restrict the company from selling equipment to China.ASML has already been unable to ship its most advanced tools to China, but the report said Washington would also restrict the sale of slightly older machines, citing "people familiar with the matter."A spokesperson for ASML said the company was unaware of any policy change."The discussion is not new," the…

Intel Corp has frozen hiring in the division responsible for PC desktop and laptop chips, according to a memo reviewed by Reuters, as part of a series of cost-cutting measures. Intel is "pausing all hiring and placing all job requisitions on hold" in its client computing group, according to the memo sent on Wednesday. The memo said that some hiring could resume in as little as two weeks after the division re-evaluates priorities and that all current job offers in its systems will be honored. "We believe we are at the…

Micron Technology's stock received a rare "underweight" rating from a brokerage due to the memory-chip maker's heavy exposure to mobiles and PCs at a time when rising inflation forces consumers to rein in spending. Micron shares were down about 6% at $71.18 in early trading on Friday. "With the global economy expected to face headwinds, we are concerned about Micron's more than 50% exposure to consumer-like markets such as PCs, mobile, and other," Piper Sandler wrote in a note to clients. The brokerage also expects the…

Breadcrumb Trail Links PMN Technology PMN Politics PMN News Author of the article: Article content PYEONGTAEK — Joe Biden’s first stop on his inaugural trip to Asia as U.S. president on Friday was a massive Samsung Electronics semiconductor plant, underscoring a message of economic security with an eye on China. Biden landed at the U.S. air base in Osan, south of Seoul, and immediately drove to Samsung’s nearby factory, the largest semiconductor plant in the world. There he greeted South Korean…

Taiwan will join "democratic countries" in putting sanctions on Russia over the invasion of Ukraine, the government said on Friday, with the world's largest contract chipmaker TSMC adding it would comply with all export control rules.The crisis is being watched closely in Taiwan, which China claims as its own territory and which has faced increased military pressure from Beijing over the last two years."We very harshly condemn such an act of invasion and will join democratic countries to jointly impose sanctions," Premier…