Unprecedented growth in the global semiconductor industry is revolutionizing multiple sectors worldwide. However, a select group of suppliers has created complexity in the supply chain, exacerbated by geopolitical uncertainties. To safeguard technological sovereignty, the European Commission is taking decisive action, including substantial economic support, to tackle potential shortages of next-generation microchips. The EU Chips Act…
The CHIPS Act has made a significant move to support the semiconductor industry in the United States. Now, projects with a capital investment below $300 million can also benefit from this program. This expansion opens doors for smaller businesses, emphasizing the construction, expansion, or modernization of commercial facilities involved in semiconductor materials and manufacturing equipment.…
Micron Technology, Inc. is set to break ground on their new $2.75 billion semiconductor plant in Gujarat, making a significant milestone for Indiaās semiconductor industry. The project is receiving major financial support from government subsidies. With 70% of the total cost covered by the Union and State governments. This support is crucial for the industryās…
The Taiwan Semiconductor Manufacturing Company (TSMC) has been given the green light by the Taiwanese government to invest $4.5 billion in its state-of-the art manufacturing facility in Arizona, marking a significant step toward expanding its presence in the United States. After a brief delay confirmed earlier this year, this facility, run by TSMC Arizona, is…
Embarking on an ambitious mission, Japan rallies industry leaders to reclaim their position in the semiconductor industry. Their new chip plant, supported by a powerful coalition, holds not only immense significance for Japan but also for its allies who seek to diversify the global chip supply chain. Rapidus, the leading joint venture spearheading this initiative,…
China is preparing to launch a substantial state-back investment fund, aiming to secure approximately $40 billion in funding for its semiconductor sector. This strategic move comes as China intensifies its efforts to narrow the technological gap with global competitors. This new fund is expected to surpass its predecessors, as it is set to be the…
The semiconductor industry is a vital sector that produces electronic devices necessary for national security. Vietnam can become a hub for the industry in Southeast Asia due to its young population, low labor costs, and favorable geographic location. However, the. need for skilled engineers is a significant challenge facing the industry in Vietnam. Vietnam’s current…
In a significant development for the European Union and the global semiconductor industry, the Taiwan Semiconductor Manufacturing Company (TSMC) unveiled plans to establish a state-of-the-art microchip manufacturing facility in Germany. This strategic move, which involves an investment of ā¬10 billion (approximately US$11 billion), has the potential to revolutionize the EU’s efforts to build a cutting-edge…
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