SAMSUNG CHIP CONTRACT MANUFACTURING
Hedge funds turn to South Korea for next wave in AI
Hedge funds, including FengHe and CloudAlpha, invest in South Korea's chipmakers and firms like HD Hyundai Electric. These companies support Nvidia, aided by a 26 trillion won government package, boosting the KOSPI index. Despite the depreciating won and TSMC’s higher multiple, they attract investments amid the Sino-U.S. tech war and U.S. export bans.
Japan's Nikkei crosses 42,000 points as Wall Street rally spurs sentiment
Japan's Nikkei and Topix surged as Wall Street's Nasdaq and S&P 500 hit records. Nikkei reached 42,179.84, driven by yen depreciation and semiconductor shares like Taiwan Semiconductor Manufacturing Co. Gains in Fast Retailing, Socionext, Sumco, Sony Group, Tokyo Electron, Disco Corp. Kenji Abe from Daiwa Securities expects further price increases amid strong Japanese corporate earnings.
Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks
Samsung Electronic said in a statement the chip will be made using high-tech chip architecture known as gate all-around (GAA) and multiple chips will be integrated in one package to enhance inter-connection speed and reduce size.
ET Explainer: Why are South Korean Samsung workers protesting?
The National Samsung Electronic Union (NSEU) which represents thousands of Samsung Electronics workers expressed dissatisfaction with the annual leave, wages, and current bonus calculations. Despite Samsung proposing flexible terms regarding pay and leave, they do not meet the union's demands for increased compensation and improved benefits.
Samsung Electronics workers strike as union voice grows in South Korea
The National Samsung Electronics Union (NSEU), whose roughly 30,000 members make up almost a quarter of the firm's South Korean workforce, also wants an extra day of annual leave for unionised workers and changes to the employee bonus system.
Samsung workers begin three-day general strike over pay
Samsung Electronics is the world's largest memory chip maker and accounts for a significant chunk of global output of the high-end chips.
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Samsung Electronics workers to strike on July 8-10, union says
A workers' union at Samsung Electronics in South Korea plans a strike from July 8-10 to push for a more transparent bonus and time-off system, seeking equal partnership with the company. The strike aims to disrupt production, with analysts noting limited impact on chip output due to automation. Union membership surged after Samsung pledged to support organized labor in 2020.
Synopsys will help Tata Electronics design custom chips
US-based chip design company Synopsys will help Tata Electronics in multiple aspects of its fab facility—India’s first—coming up in Gujarat and its assembly and testing unit in Assam, chief executive Sassine Ghazi told ET. Ghazi also met with Tata Electronics CEO Randhir Thakur and Tata Sons chairman N Chandrasekaran in Mumbai. He held talks with Ola Cabs chief Bhavish Aggarwal in Bengaluru.
How state governments are chipping in with housing support at new semiconductor hubs
State governments in Assam, Gujarat, and Tamil Nadu are supporting upcoming electronics and semiconductor manufacturing hubs by providing infrastructure, including housing for workers. The Tata Group is building mega-housing projects, hostels, and dormitories with subsidised land from Assam and Gujarat governments. In Tamil Nadu, the government is assisting the housing project at the Hosur plant where Tata Electronics assembles iPhone enclosures.
Samsung workers strike, the first in the company's history
Samsung workers strike over wage disputes amid Samsung Electronics' battle to regain edge in memory chip business crucial for AI systems, challenged by SK Hynix in market dominance.
TSMC says it has discussed moving fabs out of Taiwan, but such a move impossible
TSMC, a Taiwanese chipmaker, discussed moving its fabrication plants off the island amid tensions with China, but deemed it impossible due to 80-90% production capacity in Taiwan.
Listen closely: From Google smart speakers to Paytm soundboxes, these businesses are thriving in manufacturing
Making for others can be more lucrative than building a brand for themselves — this realisation has created a brigade of small contract manufacturers who are making India’s place prominent in the global electronics manufacturing services map.
Arm offers new designs, software for AI on smartphones
Arm Holdings unveiled new chip blueprints and software tools to enhance smartphones for AI tasks, aiming to accelerate adoption with changes in blueprint delivery.
Google picks southern Indian state for smartphone production
Google is set to invest billions in Tamil Nadu, India to produce smartphones and drones. The move follows a trend of tech companies, like Apple, shifting production from China. The state aims to boost advanced manufacturing, with Google's decision contributing to its transformation. This shift benefits India's economy and aligns with Prime Minister Modi's incentives to attract electronics manufacturers.
Nvidia shares rise as blowout revenue forecast cements AI lead
Taiwan Semiconductor Manufacturing, Nvidia's contract chipmaker, said in April it expects to more than double its advanced packaging capacity this year.
Google's India alphabet P for Pixel, D for Dixon: Local contract manufacturer will make Google Pixel 8 smartphones
Dixon Technologies to manufacture Google Pixel 8 smartphones in India to compete with Apple and Samsung in the Rs 50,000-plus price range. Google aims to increase its market share in India despite import duties, considering Foxconn as a potential manufacturing partner.
If China invades Taiwan, ASML and TSMC can disable chip machines
ASML Holding NV and Taiwan Semiconductor Manufacturing Co. have measures in place to remotely disable chipmaking machines in the event of a Chinese invasion of Taiwan. The US government has expressed concerns about the impact of such an attack on the global semiconductor supply chain. ASML's advanced EUV machines are crucial in this scenario, with TSMC being a major client. The stakes are high as Taiwan produces around 90% of the world's most advanced chips.
Global chips battle intensifies with $81 billion subsidy surge
The concern over China’s rapid advances in key electronics turned into a full-scale panic during the pandemic because chip shortages emphasised the significance of these tiny devices for economic security.
Arm plans to launch AI chips in 2025: report
Arm Holdings to launch AI chips in 2025, with SoftBank's involvement. TSMC negotiations ongoing. Investors anticipate SoftBank's earnings report for growth investment clues amid a surge in AI computing interest.
International calls for iPhones made in India ring louder; Apple may hit Rs 1 lakh cr export mark in FY25
Apple exports a bulk of its total India production. In FY24, Apple’s total production in India touched $14 billion (Rs 1.2 lakh crore). The company’s exports crossed $10 billion (Rs 85,000 crore). Both these figures were the highest achieved by any company in India till date for a single financial year.
Best tech gadgets this 2024: From M4 iPad Pro to MSI Claw | Specifications, details & features
If you are a tech geek and busy hunting for some top-notch tech gadgets of the current year, it looks like we have got you covered. Here are the details about the newly released gadgets like M4 iPad Pro, MSI Claw & more that will brighten your tech experience!
Samsung way ahead of Its rivals in local value addition
This is partly because Samsung has been manufacturing mobile phones as well as other appliances locally in India much before the government's production-linked incentive scheme came into force and boosted India to become the second largest mobile phone manufacturer.
US awards Samsung $6.4 billion in grants to boost Texas chip output
The funding from the 2022 Chips and Science Act will support two chip production facilities, a research center and a packaging facility, in Taylor, Texas, the agency said, as previously reported by Reuters.
Dixon to buy majority stake in Transsion manufacturing unit
Dixon Technologies, India's top contract manufacturer, plans to acquire a majority stake in Ismartu India, a manufacturing unit of Chinese phone maker Transsion Holdings. Dixon will initially purchase 50.10% stake for Rs 238.36 crore in cash, with plans to eventually hold around 55% stake. The deal aims to boost India's role in the mobile phone ecosystem dominated by Chinese brands.
Samsung profit likely biggest in six quarters on higher chip prices
Operating profit for Samsung likely rose to 5.7 trillion won ($4.24 billion) in the quarter ended March 31, according to the average of an LSEG SmartEstimate from 27 analysts, weighted toward those who are more consistently accurate.
Samsung profit likely biggest in six quarters on higher chip prices
Samsung Electronics anticipates a near nine-fold increase in first-quarter profit, reaching 5.7 trillion won, driven by rising semiconductor prices. The surge is fueled by strong performance in memory chips and limited supply of lower-margin chips.
Japan approves $3.9 billion in subsidies for chipmaker Rapidus
Japan previously agreed to provide subsidies worth some 330 billion yen to Rapidus. The newly approved aid includes 53.5 billion yen for advanced packaging, which is becoming increasingly important for driving chip performance improvement.
Foxconn, Samsung, 3 others to get Rs 4,400+ cr under PLI
Apple's contract manufacturers in India, including Foxconn, Wistron, Pegatron, along with Samsung and Dixon Technologies, are set to receive over ₹4,400 crore in incentives for meeting targets in FY23 under the government's production-linked incentive scheme for smartphones. Rising Star (Bharat FIH), Lava, and Optiemus Electronics are among the companies that have not met the PLI targets and are unlikely to receive incentives.
US to announce billions in subsidies for advanced chips
The Biden administration is expected to award billions of dollars in subsidies to top semiconductor companies including Intel, and Taiwan Semiconductor Manufacturing Co in the coming weeks to help build new factories in the United States, the Wall Street Journal reported on Saturday.
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