Industry News
Daimler to Reduce Hours for up to 18,500 Workers Due to Global Chip Shortage
Daimler is temporarily reducing the hours of up to 18,500 workers as a consequence of the global chip shortage. That said, recent statements by leading semiconductor providers indicate the crisis is n
Industry News
IHS Markit's Insights and Recommendations Regarding the Global Chip Shortage
IHS Market, a leading global information provider, recently presented a series of insights and best practice recommendations for companies dealing with the global chip shortage.
Industry News
How Long Will it Take for the Chip Shortage to be Resolved?
The chip shortage has become a Suez Canal-like bottleneck for multiple industries. From automotive all the way to home appliances, its effect is felt far and wide. How long will it last? A few industr
Industry News
DRAM Spot Prices Hit Two Year High Due to Global Chip Shortage
The global chip shortage is causing DRAM spot prices to rise drastically, which is bound to have a real impact on one of the most common pieces of office and home equipment around: the printer.
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South Korea Invests $176B into its Domestic Automotive Chip Industry
South Korea is investing $176B into its domestic automotive chip industry in the hopes of offsetting the negative effects of the global chip shortage. At present, the nation imports 98 percent of the
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Semiconductor Associations Form New Group to Deal with Supply Chain Issues
The Chinese Semiconductor Industry Association (CSIA) announced it will form a new, bilateral working group with its Washington-based counterpart, the Semiconductor Industry Association (SIA).
Industry News
Renesas and Innolux Executives Expect Chip Shortage will Persist into 2022
The electronic components shortage is so dire that executives now predict it will last at least through the first half of 2022. Manufacturers are now looking to navigate the shortage by utilizing olde
Industry News
Global Semiconductor Shortage Drives Interest in Older Chip-making Equipment
The global semiconductor shortage is causing manufacturers to get real creative these days. They are now bringing back older chip-making techniques to help offset the current component shortage.
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European Union Plans to Create an Advanced Domestic Semiconductor Ecosystem by 2030
As part of its "Digital Compass" initiative, the EU is looking to build out its domestic semiconductor infrastructure even more. The initiative calls for a robust overhaul of semiconductor manufacturi
Industry News
Samsung Plans to Establish a $17B US Manufacturing Facility
Samsung is looking to build a $17 billion manufacturing facility in the U.S. The new factory will help shore up supply chain routes and prevent future disruptions like that currently felt throughout t