The US is still paying the price of tantrum-based trade policy
Liu He will leadthe development of future semiconductor technologies; his position within Xi Jinping's inner circle ensures his recommendations get heard.
Company could help with government's desire to have a semiconductor industry.
Global chip maker Intel said it could take a couple of years to address the supply shortage in the semiconductor ecosystem that is witnessing huge demand for tech products
Besides the new processors, the chipmaker also introduced 5G connectivity solution in partnership with Taiwanese chipmaker MediaTek
This represents a 12.5 per cent year-over-year growth, according to the International Data Corporation (IDC).
The chief executive of the biggest US chip-maker, Intel Corp, said the company is going to curb its focus on buying back its own stock
The government hopes to learn from two failed attempts in 2007 and 2013 to attract fab manufacturers to India but it's up against some stiff challenges
The firm said it is doing all it can to increase productivity and alleviate a worldwide chip shortage
Ford said in March it expected the semiconductor shortage to cost between $1 billion and $2.5 billion
President Joe Biden used a virtual meeting with corporate leaders about a global shortage of semiconductors to push Monday for his USD 2.3 trillion infrastructure plan, telling them that the US should be the world's computer chip leader. We need to build the infrastructure of today, not repair the one of yesterday, he told the group of 19 executives from the technology, chip and automotive industries. China and the rest of the world is not waiting and there's no reason why Americans should wait. He said the country hasn't made big investments to stay ahead of global competitors, and it needs to step up its game. Biden made an appearance at the meeting between administration officials and company leaders held to discuss developing a stronger US computer chip supply chain. The meeting came as the global chip shortage continued to plague a wide array of industries. CEOs of AT&T, Dell, Ford, General Motors, Stellantis (formerly Fiat Chrysler), Intel, Northrop Grumman, and others were
Ford said, while announcing the latest North American production cuts at seven plants due to the global chip shortage, that it would provide an update on April 28 to the expected hit to 2021 profit
As the global automobile industry began to cut production due to the lack of automotive semiconductors, Hyundai Motor Company was also unable to avoid production disruptions
The China-US trade war is pushing Beijing to step up its efforts to steal technology and poach talent from Taiwan to boost China's semiconductor industry's self-sufficiency, Taiwan said
Japan's factory output fell in February as an earthquake and semiconductor shortage led to declines in the production of cars and electrical machinery
Japan has asked some Taiwanese manufacturers to cooperate in alternative production of semiconductors, industry minister Hiroshi Kajiyama said
China announced tax breaks to spur growth of its semiconductor industry following US sanctions that alarmed the ruling Communist Party by cutting off access to American processor chips
Stellantis NV and Chinese electric vehicle maker Nio became the latest carmakers to announce new production cuts as a result of a global semiconductor chip shortage
Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic
Japanese government has called and emailed equipment makers in Japan and overseas to request they provide parts and machinery to help Renesas, restore chip production at its fire-damaged plant