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Sweeping semiconductor bill passes the US Senate

The CHIPS Act proposes $59 billion of funding for semiconductor manufacturing and research in the U.S The U.S. Senate on Wednesday passed the CHIPS bill, or the Creating Helpful Incentives to Produce Semiconductors for America Act, which aims to estabish a competitive edge over China...

VW lines up ST for automotive SoC, TSMC for silicon, and whole chip-chain behind

Volkswagen-owned automotive software company CARIAD has appointed Franco-Italian semiconductor manufacturer STMicroelectronics (ST) to develop a system-on-chip (SoC) for a new line of Volkswagen vehicles based on the CARIAD software platform. At the same time, the parties “are moving to agree” that silicon contract manufacturer...

Supply chain issues & the chip shortage: How dealers can navigate a changing landscape (Reader Forum)

The global microchip shortage has had a serious impact on the automotive industry over the last two years, and the pandemic's effect on supply chains have turned the scarcity of inventory into a bigger challenge than many expected. While there’s no definite timeline, analysts...

Huawei diversifies porfolio, hikes R&D spending amid global challenges

Huawei is diversifying its portfolio as well as increasing R&D spending and focusing on operational efficiency, given the growing challenges faced by the vendor this year, which are even higher compared to 2021, rotating chairman Ken Hu said in his keynote presentation at the...

Spain to invest $12.4 billion in semiconductors

An ongoing global semiconductor shortage, caused initially by the COVID-19 pandemic and made more pressing by Russia’s invasion of Ukraine, has gripped the world On Monday, Spanish Prime Minister Pedro Sanchez revealed that Spain plans to invest 11 billion euros ($12.4 billion) to develop microchips...

Qualcomm demonstrates it’s ‘more than mobile’ with automotive, XR partnerships

LAS VEGAS – During a CES 2022 press event Tuesday, Qualcomm CEO Cristiano Amon presented several new partnerships spanning several markets, proving once again, that “there is more to Qualcomm” than its mobility technology. Most notably, though, were the company’s announcements around its continued...

Nokia beats earnings estimates, despite component shortages

Component availability is constraining Nokia's growth, not demand or production capacity, says CEO Nokia saw strong sales growth in both its network infrastructure and cloud and network services segments during the past quarter as operators push forward with 5G adoption, and the company's CEO said...

Cloud gaming to generate $1.6 billion in 2021, according to Newzoo

Newzoo has issued a new report that concludes that the global market for cloud gaming will hit 23.7 million paying users and $1.6 billion in revenues in 2021, aligning with the previous predications made by Safe Betting Sites that, for the first time, cloud...

Kagan: Qualcomm sees continued chip growth during shortage

Qualcomm is one of a very few companies world-wide in the spaces of 5G, networks, handsets, wireless and connected devices. Every company, in every industry has experienced a chip shortage this past year. The good news is Qualcomm has not only held their own,...

Intel doubles investment in Costa Rica chip manufacturing plant amid surging demand

Intel plans to invest $600 million, up from $350 million, in the chip manufacturing plant As a result of the ongoing global shortage of semiconductors, Intel this week revealed that is has nearly doubled a previously proposed investment in a micro-chip plant in Costa Rica...

Ericsson, MIT to research AI processing, ‘zero-energy’ devices for 5G, 6G networks

Ericsson exec: '5G is leading to a fully realized IoT and bringing us closer to a truly connected world' Ericsson and MIT have made plans to jointly research and design hardware for 5G and 6G mobile networks. Specifically, Ericsson Research and the MIT Materials Research Laboratory are...

Chips are down until 2023, confirms IBM president

IBM president: 'The solution to the shortage involves exploring alternative ways to meet consumer demand' Towards the end of April, Intel and TSMC the indicated that the global shortage of semiconductors might continue until 2023. This week, IMB President Jim Whitehurst reportedly confirmed this...

US restrictions impact Huawei’s Q1 revenues

Chinese vendor Huawei’s business felt the impact of the ongoing U.S. sanctions in the first quarter of the year, with a 16.5% year-on-year decline in revenues. In a release, Huawei reported revenues of CNY152.2 billion ($23.5 billion) in the first quarter, while its profit margin...

Huawei expects U.S restrictions to remain in place for a long time: chairman

Chinese vendor Huawei is not expecting the Biden administration to remove the company from the Entity List, the company’s rotating chairman, Eric Xu, said during a session with journalists at the Huawei Global Analyst Summit 2021. “We believe that we will need to continue working...

Samsung considers $10 billion US-based chip manufacturing plant

The Texas chip manufacturing plant would produce 3-nanometer processors Reports indicate that Samsung's semiconductor manufacturing arm is considering an approximately $10 billion investment in a fab in Texas that would produce chips on a 3-nanometer (3nm) process. This wouldn’t be the company’s first Texas plant....

Sequans shows ‘vision of future’ with energy harvesting in cellular IoT module

Chip and module make Sequans has showcased a cellular-based LTE-M and NB-IoT connectivity solution at CES in Las Vegas that harvests solar energy to do-away with a battery completely, and to reduce the footprint and cost of the IoT sensor unit. The French firm has...

Huawei’s revenues grow 9.9% year-on-year in Jan-Sep

  Huawei reported revenues of CNY671.3 billion ($100.5 billion) for the first three quarters of the year, an increase of 9.9% over the same period last year, the company said in a release. In the same period the previous year, the vendor had recorded a revenue...

Huawei has enough stock of chips for its telco business: rotating chairman

  Chinese vendor Huawei Technologies currently holds sufficient stock of chips for the company’s network equipment businesses to overcome supply chain obstacles raised by U.S. sanctions, rotating chairman Guo Ping said during a media rountable at Huawei Connect event in Shanghai, China. The executive also noted...

Intel secures license to continue supplying products to Huawei: Report

  Intel has secured licenses from U.S. authorities to continue supplying certain products to Chinese vendor Huawei, Reuters reported, citing an Intel spokesman. According to the report,  the licenses are now required to make a transaction with Huawei or a listed affiliate involving any equipment using...

Chinese state media outlet calls NVIDIA’s Arm purchase ‘disturbing’

China appears to have jitters that the newly announced $40 billion acquisition of Arm by U.S.-based NVIDIA could put its semiconductor industry in peril, and the deal could mean that Arm's traditional neutrality on the companies it works with could be undermined by the...

Chinese vendors slow down installation of 5G sites in China: Report

  Chinese vendors Huawei Technologies and ZTE have been slowing down their 5G base station installation in the country, the Nikkei Asian Review reported. According to the report, the two Chinese vendors told some of its suppliers to slow down shipments of some 5G base station-related...

Huawei to focus on survival following new US restrictions: Chairman

Huawei Technologies Rotating Chairman Guo Ping said that "survival" would be the company’s key objective for 2020 as the U.S. government recently moved to further restrict the Chinese telecom manufacturer’s access to semiconductors. “Huawei is capable of designing some products, but we are not able...

US government moves to cut Huawei off from global chip suppliers

  The Bureau of Industry and Security (BIS) of the U.S. Department of Commerce announced plans to restrict Chinese vendor Huawei’s ability to use U.S. chipmaking equipment and software to design and manufacture its semiconductors abroad. In a statement, BIS said that the move "cuts off...

Huawei’s 2019 revenues up 19.1% despite U.S sanctions

  Chinese vendor Huawei recorded revenues of CNY858.8 billion ($123 billion) in 2019, up 19.1% year-on-year, while its net profit reached CNY62.7 billion, up 5. 6% versus 2018, the company said in its annual report. Huawei invested 15.3% of its 2019 revenue – or CNY131.7 billion...