Chinese Chipmaker Giant to Invest $8.87 Billion for New Chip Plant in Shanghai

Semiconductor Manufacturing International Corp (SMIC) announced on Friday that it will invest $8.87 billion to build a new plant in Shanghai, a move that will expand the Chinese chipmaker’s manufacturing capacity as China aims to strengthen dominance in the sector …

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Global Chip Shortage could Last Until 2023 Warns Supplier

German semiconductor supplier Infineon warned on Tuesday that the automotive industry would have to wait until around 2023 before the semiconductor industry could normalize supplies. The automotive industry was the first to experience the effect of semiconductor chip shortages after …

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IBM Develops the World’s first 2nm Semiconductor Chip

Computer hardware developer IBM has created the first ever semiconductor built using a two nanometer process. According to IBM, the new 2nm nanosheet will allow processors to nearly double their performance numbers while also lowering power draw as compared to …

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TSMC to Catch up with Auto Chip Shortage by June

Microchip manufacturer Tawain Semiconductor Manufacturing Co Ltd. (TSMC) estimates that they will have caught up with the “minimum requirement” customer demand for auto microchips by the end of June according to Chairman Mark Liu. Automakers have been forced to shut …

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Mitsubishi Slashes Vehicle Production by 16,000 Global Units in May due to Chip Shortage

Mitsubishi Motors Corp. announced that it is planning to reduce its global vehicle production by roughly 16,000 units in the following month due to a semiconductor chip shortage, a spokesperson for the company said on Friday. According to a report …

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