Search results for "samsung electronics"

U.S. Considers Crackdown on Memory Chip Makers in China

The United States is considering limiting shipments of American chipmaking equipment to memory chip makers in China including Yangtze Memory Technologies Co Ltd (YMTC), according to four people familiar with the matter, part of a bid to halt China’s semiconductor sector advances and protect U.S. companies. If President Joe Biden’s administration proceeds with the move, […]

Toshiba, Sony Lose Court Fight Against EU Cartel Fine

Toshiba, Sony and Samsung Electronics on Thursday lost their court fight against an EU cartel fine levied seven years ago for colluding in procurement tenders for optical disc drives. The European Commission in 2015 fined five companies 116 million euros ($120.5 million), with the biggest fine of 41.3 million euros going to Toshiba Samsung Storage […]

Kicking the China Habit: South Korea Hunts Tungsten Treasure

Blue tungsten winking from the walls of abandoned mine shafts, in a town that’s seen better days, could be a catalyst for South Korea’s bid to break China’s dominance of critical minerals and stake its claim to the raw materials of the future. The mine in Sangdong, 180 km southeast of Seoul, is being brought […]

Intel, Micron CEOs to Testify at U.S. Senate Hearing on Chip Making

The chief executives of Intel and Micron will testify on March 23 before the U.S. Senate Commerce Committee as the industry and lawmakers make the case for $52 billion in U.S. subsidies for semiconductor chips manufacturing. The chief executive of truckmaker Paccar Inc will also testify at the hearing, which will look at vulnerabilities in […]

Biden, Backed by Business Executives, Presses Congress on Chip Funding

U.S. President Joe Biden met with executives of chipmakers including Samsung, Micron and other companies on Wednesday as part of an effort to push the U.S. Congress to fund $52 billion in grants to chipmakers to ease the semiconductor crunch. Biden, along with Commerce Secretary Gina Raimondo, hosted the event with Dr. Siyoung Choi, president […]

Limited Impact on Chips yet as Russia Invades Ukraine, Future Uncertain

Large chip companies so far predict limited supply chain disruption from the Russia-Ukraine crisis, thanks to raw material stockpiling and diversified procurement, but some industry sources worry about the longer-term impact. One of the worst security crises in Europe in decades is unfolding, with Russian President Vladimir Putin on Thursday authorising a military operation in […]

Intel to Open a Chip-Manufacturing Facility in Ohio

Intel Corp. announced on Friday plans to pump at least $20 billion in what could be its latest chip-manufacturing facility in Ohio to increase its chip-making production to accommodate the heightened semiconductor demand for digital units.  The Santa-Clara-based company will invest in two semiconductor-making plants outside Columbus, Ohio. This will place the company in the […]

Sony Looks to Electric Cars for its Next Big Hit

Japan’s Sony Group Corp plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility. The new company, Sony Mobility Inc, comes as the Japanese tech giant is “exploring a commercial launch” of electric vehicles, […]

China pursues tech 'self-reliance,' fueling global unease

To help make China a self-reliant “technology superpower,” the ruling Communist Party is pushing the world’s biggest e-commerce company to take on the tricky, expensive business of designing its own processor chips — a business unlike anything Alibaba Group has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the Yitian […]