Around the web
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India's health authorities warned about a fungal infection seen in some Covid-19 patients which can disfigure facial features and even kill, as the country continues to grapple with the world's fastest-growing coronavirus outbreak.
Bloomberg
India has held up approvals for import of wifi modules from China for months, driving companies such as US computer makers Dell and HP and China's Xiaomi, Oppo, Vivo and Lenovo to delay product launches in a key growth market, two industry sources said.
Reuters
IBM has unveiled a breakthrough in semiconductor design and process with the development of the world's first chip announced with 2-nanometer (2nm) nanosheet technology.
Company release
Infineon Technologies has concluded a supply contract with Japan-based Showa Denko for an extensive range of silicon carbide material (SiC) including epitaxy. The German semiconductor manufacturer has thus secured more base material for the growing demand for SiC-based products.
Company release
German chipmaker Infineon expects supply constraints in its automotive segment to only ease in the second half of this year, CEO Reinhard Ploss said on Tuesday, with lost volumes only likely to be made up in 2022.
Reuters
The US Commerce Department is pressing TSMC and other Taiwanese firms to prioritise the needs of US automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said.
Reuters
TSMC is planning to build several more chipmaking factories in the U.S. state of Arizona beyond the one currently planned, three people familiar with the matter told Reuters.
Reuters
While more and more chips are needed in the US, fewer and fewer are manufactured here.
CBS News
Supply issues could affect products that feature its own M1 chip, which include the new iPad Pro and iMac 2021, said Apple chief executive Tim Cook.
BBC News
Nintendo will ramp up output of the Switch to about 30 million units this fiscal year, Nikkei has learned, marking an all-time high for the flagship gaming device in a bid to capitalize on continuing stay-at-home demand.
Nikkei Electronics Asia
Intel said on Sunday it will invest another $600 million in Israel to expand its R&D and confirmed it was spending $10 billion on a new chip plant.
Reuters
The global semiconductor shortage roiling a wide range of industries likely won't be resolved for a few more years, according to Intel's new CEO Pat Gelsinger.
Bloomberg
LG Electronics' net profit rose 7.6% in the first quarter, driven by solid demand for televisions and home appliances. Market analysts largely view the company's pullout from its smartphone business as improving its business and financial health in the long run despite a near-term revenue setback.
MarketWatch
The global shortage of semiconductors that's plaguing automakers, data center owners and electronics manufacturers has turned into a "fight" that risks dragging on until 2023, according to the chief executive of Nokia.
Bloomberg
Chipmaking equipment supplier BE Semiconductor said on Friday it planned to boost its operations in the United States and Taiwan as its top customers ramp up investment to meet a surge in chip demand.
Reuters
Export controls against China will not only fail to halt its technological progress but also hurt the US economy, ASML CEO Peter Wennink said, after trade tensions between Washington and Beijing led to restrictions on the sale of the Dutch company's advanced chip equipment to Chinese firms.
Bloomberg
Samsung Electronics beat analyst estimates for profit in the first quarter, but warned of continued fallout from semiconductor shortages as the global economy recovers from the Covid-19 pandemic.
Reuters
Intel wants EUR8 billion (US$9.7 billion) in public subsidies towards building a semiconductor factory in Europe, its CEO was quoted as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies.
Reuters
The UK's Department for Transport has said automated lane-keeping systems (ALKS) would be the first type of hands-free driving to be legalized.
BBC News
GF has invested more than $15 billion in its Fab 8 facility over the last decade to support innovation and manufacturing capacity. In 2021, the company is doubling its planned investment to expand global capacity, with $500 million targeted for Malta, NY alone.
Company release
Shipments of the new chipset - tentatively known as the M2, after Apple's current M1 processor - could begin as early as July for use in MacBooks that are scheduled to go on sale in the second half of this year.
Nikkei Electronics Asia
The EU's industry commissioner Thierry Breton is to meet with Intel chief executive Pat Gelsinger and a top TSMC executive this week as the bloc seeks added sway in the semiconductor supply chain.
Silicon.com
SEC could take a hard look at bitcoin transactions when Tesla files its quarterly statements, after a $101 million profit from sale of digital asset.
MarketWatch
Apple is increasing its US investments by 20% over the next five years, allocating US$430 billion to develop next-generation silicon and spur 5G wireless innovation across nine US states, after outstripping its growth expectations during the pandemic.
Bloomberg
Mitsubishi Motors will slash output by 16,000 units worldwide in May, the Japanese automaker said Friday, after a factory fire at key supplier Renesas Electronics squeezed the already tight global supply of automotive semiconductors.
Nikkei Electronics Asia
The boss of networking giant Cisco has said the shortage of computer chips is set to last for most of this year.
BBC News
Toshiba's second-biggest shareholder called on the Japanese conglomerate to undergo a strategic review and explicitly solicit suitors, saying potential acquirers were deterred by the company's comments on wanting to remain listed.
Reuters
Samsung Electronics might be shopping for an acquisition.
Barron's
The popularity of cryptocurrencies such as Bitcoin has resulted in shortages of graphics cards as miners buy them in bulk. Now a new cryptocurrency is set to create another component shortage, only this time it's hard drives and SSDs that will be hard to find.
PC Magazine
Skyworks is paying US$2.75 billion to diversify its business away from Apple. Wall Street thinks the chip maker is getting a bargain.
Wall Street Journal
Intel has confirmed a Covid-19 outbreak on the construction site for its new fab in Ireland. The chipmaker said about 70 cases had been confirmed so far.
Irish Times
Tsinghua University officially inaugurated its new school for integrated circuits on Thursday, striving to cultivate talents for the country's IC industry and make indigenous Chinese chips.
China Daily
ASML sharpened its full-year guidance as demand for its chip-making equipment soared during the global semiconductor shortage.
Bloomberg
Samsung Electronics' Austin plant is expected to be fully normalized in June at the earliest.
BusinessKorea
According to cellphone location data analyzed by Nikkei, 14,000 people from among the Japanese company's business partners and other organizations participated in the recovery of Renesas Electronics, which resumed semiconductor production on April 17 at its Naka plant in Ibaraki Prefecture. The plant had been partially shut down because of a fire.
Nikkei Electronics Asia
Toshiba said a potential acquisition offer from CVC Capital Partners has stalled after the firm submitted a new proposal that lacks sufficient information for evaluation.
Bloomberg
China's southern space port of Wenchang will build a CNY 20 billion (US$3 billion) supercomputing centre by year-end to analyse data obtained from space, according to state media on Tuesday.
Reuters
The regulators' moves show that under President Xi Jinping, nothing can be more powerful in the lives of ordinary Chinese than the Party.
BBC News
Chip industry executives have a huge collective challenge: deciding how to prioritize the $50 billion in support promised by President Joseph R. Biden in an executive order.
EE Times
China's GAC plans to roll out its first vehicle model with autonomous driving functions developed with Huawei Technologies after 2024, GAC's general manager told reporters at the 2021 Shanghai Auto Show on Monday.
Reuters
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