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...
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.
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...
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...
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...
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.
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...
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...
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...
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...
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...
In June 2024, Vietnam enacted the Capital Law, prioritizing semiconductor investment in Hanoi and offering various incentives from the city government.
Intel's recent announcement to cut 15% of its workforce (approximately 15,000 employees) and reduce capital expenditures to save US$10 billion may undermine its goal of reclaiming...