U.S. chip funding could result in seven to 10 new factories – officials
MANASSAS, Va. (Reuters) – U.S. Commerce Secretary Gina Raimondo said on Monday a proposed $52 billion boost in U.S. government funding for semiconductor [...]
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As Biden works to fix chips shortage, Intel promises help for hurting automakers
WASHINGTON (Reuters) -U.S. President Joe Biden met with executives from major companies on Monday to discuss the global chip shortage that has severely [...]
Factbox: Biden jobs plan includes $50 billion for chips research, manufacturing
WASHINGTON (Reuters) – President Joe Biden’s $2 trillion infrastructure investment package includes $300 billion to boost the struggling U.S. manufacturing sector, including $50 [...]
South Korea to foster local development of next-generation power chips
SEOUL (Reuters) – South Korea’s government said on Thursday it will foster the local development of non-silicon power semiconductors for use in electric [...]
Damage from fire at Renesas chip factory worse than first thought
FILE PHOTO: Renesas Electronics Corp’s logo is seen on its product at the company’s conference in Tokyo, Japan, April 11, 2017. REUTERS/Toru HanaiTOKYO [...]
Combating semiconductor shortage a priority, U.S. Commerce chief says
FILE PHOTO: Gina Raimondo, U.S. President-elect Joe Biden’s nominee to be secretary of Commerce, speaks during an event to announce members of Biden’s [...]
Chip shortage could impact nearly 1 million vehicles of production in first quarter – IHS
FILE PHOTO: A car body is moved in a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019. REUTERS/Fabian BimmerWASHINGTON [...]
Taiwan says chipmakers to prioritise auto chips amid global shortage
TAIPEI (Reuters) – Major Taiwanese chipmakers are willing to prioritise supplies for auto makers amid a global shortage of chips for the industry, [...]