Electronics & Semiconductors

US to give SK hynix $450 mn for chip packaging hub

The United States said Tuesday it has agreed to provide up to $450 million to South Korean semiconductor firm SK hynix to help build a chip packaging plant in the US state of Indiana.

Business

China invests $47 billion in largest ever chip fund

China has poured more than $47 billion into the country's largest-ever chip investment fund, a business database showed on Monday, as Beijing seeks self-sufficiency in the crucial semiconductor manufacturing sector.

Business

Chip giant TSMC's April revenue jumps 60% on-year

Taiwanese chip giant TSMC said on Friday that April revenue jumped nearly 60 percent on-year, riding a huge wave of demand for the advanced semiconductors used in AI hardware.

Business

Taiwan chip giant TSMC's profits surge on AI demand

Taiwanese semiconductor giant TSMC announced Thursday a nearly 9 percent increase in net profits in the first quarter of 2024, buoyed by global demand for its microchips used to power everything from mobile phones to AI technology.

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