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...
As Taiwan's manufacturing industry diversifies its supply chain in accordance with the China+1 strategy and the government's Southbound policy, it has been relocating factories to...
As Japan prepares to import its first-ever EUV lithography systems, ASML, the sole technology provider, plans to boost its local workforce significantly.
The Biden administration is kicking off a program to cultivate the US computer-chip workforce, aiming to stave off a labor shortage that threatens to undermine domestic semiconductor...
Sony's optical disc business is facing challenges due to declining demand as data storage methods shift towards cloud-based solutions and plans to cut its workforce by 40%.
Due to the diversification of global supply chains and strong demands from customers, Foxconn's increasing investments in India have garnered significant attention.
