Samsung will receive a $6.6 billion subsidy to help it expand its chip plant in Texas, US, reveals Reuters. This is the latest step of the Biden administration in its efforts to boost chipmaking in the United States. The subsidy will go towards the construction of four facilities in the American plant, including one $17 […]
Read MoreThe United States Department of Commerce announced a new round of funding for TSMC under the CHIPS and Science Act. TSMC is in line to receive $6.6 billion in direct funding and $5 billion in loans for its semiconductor production in Phoenix, Arizona. TSMC is also eligible to apply for an investment tax credit covering […]
Read MoreSamsung Electronics is reportedly doubling its investment in the US to build and package advanced semiconductor chips. According to a report from The Wall Street Journal, Samsung has decided to increase its investment to a whopping $44 billion. That’s $22 billion on top of what the company has already invested. Samsung will build a chip […]
Read MoreAccording to a new report from Reuters, Samsung may soon receive a $6 billion grant from the US government to expand its chip-making factories stateside. The new grant will be part of the CHIPS and Science Act which authorizes over $280 billion in funding to boost semiconductor research and manufacturing in the US. Samsung new […]
Read MoreLast week, it was revealed that OpenAI CEO Sam Altman visited South Korea to meet executives from Samsung Electronics and SK Hynix for a possible alliance for AI chips. It has now been revealed that he visited Samsung’s semiconductor chip plant in the country, and it is possible that OpenAI will develop its own chips […]
Read MoreIn 2022, the President of the United States, Joe Biden, signed the CHIPS and Science Act, to boost the manufacturing of semiconductors in the US. Under this act, the US government is supposed to offer $52.7 billion in grants to companies building foundries in the country. Looking at the lucrative incentive, Samsung started building a […]
Read MoreSamsung has delayed the mass production of semiconductor chips at its chip plant situated in Taylor, Texas, USA. The mass production of chips at this $17 billion plant was set to begin in the second half of 2024, but it is now set to begin in 2025, which is a delay of at least half […]
Read MoreIn a cavernous theater lit up with the green shapes of camels and palms at COP28 in Dubai, ecologist Thomas Crowther, former chief scientific adviser for the United Nations’ Trillion Trees Campaign, was doing something he never would have expected a few years ago: begging environmental ministers to stop planting so many trees. Mass plantations […]
Read MoreSamsung Display, the world’s biggest mobile display manufacturer, recently sued Chinese rival BOE and its subsidiaries for stealing trade secrets. Now, Samsung Electronics is trying to keep BOE in check by trying to control the supply chain as much as possible. In a new move, the South Korean firm is trying to acquire LG Display’s […]
Read MoreLast month, Wistron Corporation announced that Tata Electronics would acquire a 100% stake in Wistron InfoComm Manufacturing India (WMMI), a company that assembles Apple’s iPhones in India. Today, Tata Electronics has finally completed the acquisition, enabling it to join Apple’s supply chain as a company for assembling iPhones in India. Tata Electronics is owned by […]
Read MoreLast month, Wistron Corporation announced that Tata Electronics would acquire a 100% stake in Wistron InfoComm Manufacturing India (WMMI), a company that assembles Apple’s iPhones in India. Today, Tata Electronics has finally completed the acquisition, enabling it to join Apple’s supply chain as a company for assembling iPhones in India. Tata Electronics is owned by […]
Read MoreThe latest official filing confirms that Samsung SDI (the battery manufacturing wing of Samsung Electronics) is all set to invest $1.97 billion to develop its second battery manufacturing plant in joint partnership with Stellantis N.V. in the US. This information comes from a filing about two months after both companies joined hands for their US venture. […]
Read MoreMicron laid the foundation for a new semiconductor plant in India, which will cost the company $2.75 billion (INR 22,500 crore). The investment will be for a chip assembly and test facility and will be in Sanand, Gujarat. The complex is being built by Tata Projects. The facility will focus on transforming wafers into Ball […]
Read MoreThe US-based AI solutions firm Groq has selected Samsung’s Taylor fab to manufacture semiconductor chips. Samsung Electronics will be responsible for supplying the next-gen AI semiconductor chips to Groq, which will be designed in partnership with Samsung’s Foundry Design Service team and manufactured by Samsung on its SF4X process (4nm). On Sunday, the California-based fabless […]
Read MoreAccording to the latest report, Samsung SDI (the battery manufacturing wing of Samsung Electronics) on Monday revealed that it plans to build a second battery manufacturing unit in the USA. This battery plant unit will be developed in partnership between Samsung SDI and Stellantis N.V. in the United States, in addition to their first plant […]
Read MoreTSMC’s original plans for its semiconductor foundry in Arizona was to start mass producing chips next year. However, the company just announced a delay: “We expect the production schedule of N4 process technology to be pushed out to 2025,” TSMC Chairman Mark Liu told Nikkei Asia. Note that “N4” is one of TSMC’s 4nm nodes. […]
Read MoreSamsung SDI, one of the biggest names in the global battery market, is building a massive EV battery plant in the US in partnership with GM (General Motors). The companies have chosen St. Joseph County, Indiana, to build their joint EV battery plant, the state’s governor Eric Holcomb announced today. Samsung SDI is building an […]
Read MoreOn Tuesday, Samsung SDI, the battery and electronic materials manufacturing arm of Samsung, and General Motors Co. (GM) announced that they have joined hands to invest more than $3 billion in an EV battery plant in the US. This move is in line with the automaker’s aim to diversify its component supplier portfolio. This announcement […]
Read MoreWhat you need to know Lenovo just announced the ThinkPad Z13 Gen 2 and ThinkPad Z16 Gen 2 at Mobile World Congress. The laptops run on AMD Ryzen 7000 Series Processors and AMD Radeon 700M Series graphics. The ThinkPad Z13 has an optional cover made from Flax, which is made by harvesting plant fibers. The […]
Read MoreSamsung announced back in 2021 that they would build a $17 billion semiconductor factory in Taylor, Texas, USA. In December 2022, it was reported that the company has started procuring new equipment for this plant. Now, according to the latest information shared by Samsung’s Co-CEO, Kyung Kye-Hyun, the construction of the chip plant in Taylor […]
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