Tag: Chipmaking
South Korea chip inventory climbs the fastest in 27 years
South Korea's semiconductor inventory jumped 28% in January, marking the fastest increase in 27 years. The spike reflects a prolonged tech downturn affecting the nation's export-driven economy, with chipmakers contributing 12% of total exports and facing declining global demand amid geopolitical tensions.
IBM partners with new chipmaker Rapidus to make up lost ground
IBM is collaborating with Rapidus, a new Japanese government-backed chipmaker, to develop advanced semiconductor technology. This partnership comes amid global chip shortages and geopolitical tensions, with Japan seeking to regain its competitive edge in semiconductor manufacturing and secure critical technology for its automotive and IT industries.
Taiwan fears impact of US chip restrictionso
Taiwanese economic officials are expressing concerns about recent US semiconductor restrictions potentially harming the island's critical technology export sector. The new Chips and Science Act could significantly disrupt Taiwan's advanced chip manufacturing ecosystem, introducing uncertainty into global supply chains.
SK Hynix to invest US$11bil in new South Korea chip plant
SK Hynix will invest 15 trillion won ($10.9 billion) to build a new semiconductor manufacturing plant called M15X in Cheongju, South Korea. Construction begins in October 2023, with completion expected in early 2025, marking a significant expansion of the company's memory chip production capabilities.
Intel unveils $88B chipmaking expansion plan for Europe.
U.S. chipmaker Intel announces an ambitious €80 billion investment across Europe to expand semiconductor manufacturing and research. CEO Pat Gelsinger highlights the global demand for chips, with planned production sites and R&D centers in Germany, Ireland, France, and Italy over the next decade.













