Business

Chipmakers' pandemic boom turns to bust as recession looms

Even in an industry famous for its rollercoaster cycles, chipmakers are bracing for a particularly severe shift in coming months, when a record-setting sales surge is threatening to give way to the worst decline in a decade ...

Business

Incentives not a guarantee of more US-made semiconductors

A $52 billion federal package to incentivize U.S. production of semiconductor chips has energized the high-tech sector, but operations experts aren't convinced it will be the end to dramatic shortages that have created pain ...

Business

Chip firms play down Ukraine war supply fears

The tech industry is playing down fears of widespread raw materials shortages as a result of the war in Ukraine, after reports that chipmakers would face a severe crunch.

Business

Nokia 3Q profit beats expectations despite chip shortage

Wireless and fixed-network equipment maker Nokia on Thursday reported third-quarter profit above analyst expectations on increasing sales of 5G technology and trimmed costs, but the company warned that the global shortage ...

Business

Taiwan's TSMC plans $100 billion investment to meet demand

Taiwan Semiconductor Manufacturing Company said Thursday it was planning to invest $100 billion over the next three years to meet soaring demand as a global shortage of chips hits the auto and other industries.

Business

End of an era as Japan's Panasonic exits chip business

Japanese electronics giant Panasonic said Thursday it was exiting the semiconductor business, selling its loss-making subsidiary to a Taiwanese firm as it struggles with intense competition from China and South Korea.