China

Tsmc Planning Advanced Chip Production in Arizona, Says Company’s Founder

Taiwanese chipmaker TSMC is planning to produce chips with advanced 3-nanometre technology at its new factory in the U.S. state of Arizona but the plans are not completely finalised yet, the company’s founder Morris Chang said on Monday. Taiwan Semiconductor Manufacturing Co Ltd (TSMC), a major Apple Inc supplier and the world’s largest contract chipmaker, […]

Apple Prepares to Source Chips From Arizona Plant - Bloomberg News

Apple Inc is preparing to begin sourcing chips for its devices from a plant under construction in Arizona in the United States, Bloomberg News reported on Tuesday. The company may also expand its supply of chips from plants in Europe, the report said, attributing it to remarks by Chief Executive Officer Tim Cook at an […]

Buffett’s Berkshire Discloses $4.1 Billion Tsmc Stake

Berkshire Hathaway Inc said it bought more than $4.1 billion of stock in Taiwan Semiconductor Manufacturing, a rare significant foray into the technology sector by billionaire Warren Buffett’s conglomerate. The news sent shares in TSMC soaring, closing up 7.9 percent in Taiwan on Tuesday, as it boosted investor sentiment for the world’s largest contract chipmaker, […]

EV Battery Makers Race to Develop Cheaper Cell Materials, Skirting China

U.S. and European startups are racing to develop new batteries using two abundant, cheap materials — sodium and sulfur — that could reduce China’s battery dominance, ease looming supply bottlenecks and lead to mass-market electric vehicles (EVs). Today’s EVs run on lithium ion batteries — mostly made with lithium, cobalt, manganese and high-grade nickel, whose […]

Smartphone Chip Firm Mediatek CEO Sees ‘Incremental’ Move Away From Taiwan

Tensions between China and the United States are pushing some manufacturer companies to talk about moving some of their supply chain away from Taiwan as well, although it’s “incremental,” the head of Taiwan’s most important smartphone chip design firm told Reuters over the weekend. Some of the “very large (equipment manufacturers) will require their chip […]

Chinese Chipmaker SMIC Warns of Impact From U.S. Export Controls

Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) reported a 34.7 percent rise in third-quarter revenue on Thursday, missing estimates, and warned investors about the impact of export controls from the United States. The company generated revenue of $1.91 billion in the quarter, up from $1.42 billion in the same period a year earlier but […]

Germany Blocks Chinese Stake in Two Chipmakers Over Security Concerns

The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor producers after the moves raised concerns over national security and the flow of sensitive technological know-how to Beijing. The government said it had vetoed the takeover of the chip factory of the Dortmund-based company Elmos by Silex, a Swedish company that is […]

Chip Maker Tsmc Plans Multibillion-Dollar Arizona Factory Expansion - WSJ

Taiwan Semiconductor Manufacturing Co Ltd is preparing for another multibillion-dollar factory investment in Arizona in the United States, the Wall Street Journal reported on Wednesday, citing sources. TSMC, a major Apple Inc supplier and the world’s largest contract chipmaker, plans to announce in the coming months that it will build a cutting-edge semiconductor plant north […]

The Dependency of Apple in China

Apple is one of the biggest names in the tech industry. It is a known fact that even though the brand is US based, the production is heavily based in China. This is a general practice among big tech names. The labor cost in China is cheaper, and most materials are available there. It makes […]

Global Shares Rise, U.S. Dollar Falls After Strong Jobs Data

Global shares rose on Friday and the U.S. dollar fell, after jobs data came in stronger than expected but also hinted at some slack in the tight American labor market, raising hopes the Federal Reserve might ease up on monetary tightening. Data from the U.S. Bureau of Labor Statistics showed the economy generated 261,000 jobs […]