Business

Biden hails IBM's $20 bln investment announcement

IBM hosted US President Joe Biden Thursday to celebrate the announcement of a $20-billion investment in semiconductors, quantum computing and other cutting-edge technology in New York state.

Electronics & Semiconductors

Japan to pay up to $320M for US company's chip production

Japan is providing a major U.S. chipmaker a subsidy of up to 46.6 billion yen ($322 million) to support its plan to produce advanced memory chips at a Hiroshima factory, the Japanese trade minister said Friday.

Business

Taiwan chipmaker TSMC says profit up 11.2% as demand rises

TSMC, the biggest contract manufacturer of processor chips for Apple Inc. and other global brands, said Thursday its latest quarterly profit rose 11.2% over a year earlier to $4.8 billion as demand for smartphones and consumer ...

Electronics & Semiconductors

Taiwanese supplier to chip producers announces expansion

GlobalWafers Co., which supplies silicon wafers to semiconductor manufacturers, says it will invest $3.6 billion in facilities in Asia, the United States and Europe after its attempt to acquire Germany's Siltronic AG failed.

Electronics & Semiconductors

New tech coalition seeks US aid to respond to chip shortage

A newly formed coalition of technology firms called Tuesday for $50 billion in US government aid to boost incentives for domestic semiconductor manufacturing in the face of a deepening chip shortage.

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