Samsung Electronics on Thursday raised its planned investment in non-memory chips to 171 trillion won ($151 billion) through 2030, joining a rush of firms ramping up investments amid a global semiconductor shortage. Countries have also been working to bolster chip supply chains as the chip shortage affects production in industries such as autos. South Korea…
Samsung Boosts Non-Memory Chip Investment to $151 Billion as South Korea Offers Bigger Tax Breaks
Global Chip Shortage Underscores Need to Diversify US Chip Supply Chain
Commentary The ongoing global chip shortage has highlighted the United States’ dependence on a fragile global supply chain of semiconductor manufacturing concentrated in Asia. Amid this environment, China’s increasingly combative stance against Taiwan—along with its massive domestic investment into chipmaking—is a key risk to the security of America’s chip supply. The worsening global computer chip…
Global Chip Shortage Underscores Need to Diversify US Supply Chain
Commentary The continuing global semiconductor shortage has highlighted the United States’ dependence on a fragile global supply chain of chip manufacturing that’s concentrated in Asia. Amid this environment, China’s increasingly combative stance against Taiwan—along with its massive domestic investment into chipmaking—is a key risk to the security of America’s chip supply. The worsening global computer…
Biden Pledges to Invest ‘Aggressively’ in Semiconductors Amid Global Chip Shortage
WASHINGTON—President Joe Biden called for a significant investment to revitalize American chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.” In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12. “This is an…
Biden Pledges to Invest ‘Aggressively’ in Semiconductors Amid Global Shortage
WASHINGTON—President Joe Biden called for a significant investment to revitalize U.S. chip manufacturing to counter China’s threat to “dominate the semiconductor supply chain.” In an effort to address an ongoing global chip shortage and strengthen the domestic semiconductor industry, the White House hosted a virtual summit with business leaders on April 12. “This is an…
NTD Business Full Broadcast (April. 2)
The latest job report beating expectations, where is the job growth? and what are some of the headwinds for the labor market recovery? NTD talks to ZipRecruiter labor economist Julia Pollak. A new study raises concerns about the global semiconductor supply chain. It warns that production is too concentrated in certain regions. A video full…
Taiwanese Companies Accused of Recruiting Semiconductor Experts for the CCP
TAIPEI, Taiwan—Local prosecutors and law enforcement officials on March 9 raided seven locations and questioned 19 individuals in an investigation over China’s poaching of Taiwanese semiconductor experts. The 19 individuals included four Taiwanese senior executives of two Taiwan-based tech companies, WiseCore Technology Co., Ltd. and IC Link Limited, according to a press release from the…
US Urged to Boost AI Weapons to Counter China’s Rise
The United States must sharpen its artificial intelligence-powered tools in order not to fall behind the efforts of communist China, a U.S. national security commission has told Congress. In a 750-page report (pdf) to Congress released on March 1, the National Security Commission on Artificial Intelligence (NSCAI) detailed the threats posed by Beijing, which has…
Biden Signs Executive Order to Fortify Critical Supply Chains
President Joe Biden signed an executive order on Feb. 24 to bolster the resilience of supply chains for four critical industries following a slew of recent production shortages that have left the United States vulnerable. The executive order will begin a 100-day review of semiconductor chips, pharmaceuticals, rare earth minerals, and large capacity batteries used…
China’s Chips Shortage Likely to Result in Price Hike for Electronics
As China seeks to boost its domestic chipmaking capabilities, an increase in demand for mini LED chips that are used in manufacturing laptops, tablets, and other electronic devices has crowded out chipmakers’ ability to produce older, conventional LED chips used for display screens. This shortage has already resulted in price hikes for the conventional LED…
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