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Thursday 12 September 2024
Samsung reportedly plans major global job cuts; Chinese and Indian operations among first affected
Samsung is reportedly planning significant global job cuts, with its Indian operations expected to be among the first affected. The company is grappling with challenges in its semiconductor...
Thursday 12 September 2024
Modi highlights silicon diplomacy in India's bid to become a global semiconductor powerhouse
India is hosting SEMICON India 2024 from September 11-13. During the event, Indian Prime Minister Narendra Modi reaffirmed India's commitment to becoming a semiconductor powerhouse...
Wednesday 11 September 2024
Panram International to lay off nearly 50% of workforce after major customer ends outsourcing agreement
Panram International, a Taiwan-based memory module contract manufacturer, announced plans to lay off about 250 employees, nearly half of its total workforce, from its contract manufacturing...
Tuesday 10 September 2024
PCB maker APCB rumored to close Taiwan plant; some production speculated to shift to Kunshan
PCB manufacturer APCB is reportedly shutting down its Taiwan plant before December.
Tuesday 10 September 2024
US deepens semiconductor partnership with India ahead of SEMICON India 2024
Two days before SEMICON India 2024, the US Department of State said that the US and India will explore opportunities, grow, and diversify the global semiconductor supply chain.
Friday 6 September 2024
Xiangdixian slashes workforce, retains only critical roles
Recent reports suggest that Chinese GPU startup Xiangdixian Computing Technology has collapsed due to funding issues and dismissed its entire workforce. However, the company later...
Tuesday 3 September 2024
Arizona bets big on semiconductors, echoing Taiwan's tech cluster model
As the global demand for chips continues to grow, Arizona is positioning itself as America's answer to Taiwan's semiconductor prowess. The state is rapidly evolving into a powerhouse...
Thursday 29 August 2024
Fortune Electric to boost hiring by 150% for domestic expansions and rising exports
Taiwan-based Fortune Electric, a dedicated supplier of heavy electrical equipment, is set to substantially increase its hiring in 2024 to meet rising demand driven by global power...
Tuesday 27 August 2024
Intel slashes marketing budget as AMD presses for market shift
Intel's Sales and Marketing Group (SMG) reportedly plans to streamline its workforce and reduce marketing expenses, aiming to cut costs by over 35% by the end of 2024.
Monday 26 August 2024
Foxconn remains committed to China despite economic ups and downs
Foxconn reaffirmed its commitment to Henan, its primary manufacturing hub in China, during a traditional Ghost Festival ceremony at its Tucheng headquarters on August 23. The company...
Monday 19 August 2024
Intel's layoffs vs Samsung's labor disputes: shaping future semiconductor competition
Intel's underwhelming second-quarter 2024 financial results have prompted the company to announce plans to cut 15% of its workforce, approximately 15,000 employees, aiming to save...
Monday 19 August 2024
TI to receive up to US$1.6 billion in CHIPS Act funding
Texas Instruments (TI) and the US Department of Commerce have signed a non-binding preliminary memorandum of terms for up to US$1.6 billion in proposed direct funding under the CHIPS...
Friday 16 August 2024
Intel's CHIPS Act implementation hamstrung by performance, packaging dependencies, workforce shortages
The US$39 billion funding allocation under the CHIPS and Science Act (CHIPS Act) is nearing completion.
Tuesday 13 August 2024
Intel faces mounting challenges under Gelsinger
Since taking the helm in February 2021, Intel CEO Pat Gelsinger has grappled with mounting losses at the company's foundry division. A critical challenge is establishing Intel Foundry...
Friday 9 August 2024
Taiwan's ambitious AI vision hinges on stable power supply and strategic growth
Taiwan is doubling down on its aspiration to become an "AI Smart Island," with the government outlining a strategic focus on ensuring a stable power supply, expanding supercomputing...