Resources

Every employee at Sourceability has a unique job that helps bring the company’s vision to life, and our product managers are no different. From empathizing with our customers to creating tools that solve their challenges, our PMs are hard at work making all of Sourceability’s products the best they can be. Today, we want to highlight a few ways our PMs bring Sourceability’s vision to life.

Technavio, a market research company, expects Vietnam’s semiconductor industry will reach $6.16 billion in value by 2024. The country’s domestic chip sector is growing at a healthy rate due to robust government and corporate investments.

Intel CEO Pat Gelsinger reiterated the corporation’s intent to build a massive semiconductor factory in Europe within this decade. He also outlined its plans to modernize the automotive sector’s chip manufacturing processes.

Taiwan Semiconductor Manufacturing Corporation (TSMC), the world’s leading foundry service provider, plans to increase its fees by up to 20 percent starting in January 2022. That development will likely result in higher costs in several end markets.

Western Digital is reportedly in advanced talks to merge with Kioxia Holdings. However, the deal might not happen because of a long-planned IPO, international trade tensions, and market competition concerns.

Foxconn, Apple’s chief iPhone assembler, purchased a chip factory from Macronix International for $91 million. The corporation intends to use the fab to bolster its electric vehicle manufacturing ambitions.

Since June, Malaysia has enacted nationwide lockdowns to mitigate the impact of a spike in domestic COVID-19 infections. Consequently, the country’s chipmakers have had to curb their output, which has caused problems for some of the world’s leading automakers.

Manufactures across the world have increased their parts orders in the wake of the global chip shortage. Is that stockpiling trend creating a new semiconductor inventory glut?

Intel has plans to reassert its position as the semiconductor industry’s foremost provider next year. It intends to launch a new high-performance consumer GPU, and multiple data center products made with TSMC’s 3nm node.

Industry analysts forecast the worldwide semiconductor industry will generate $527 billion in revenue in 2022, up 8.8 percent from this year. The changes made to facilitate that expansion will greatly impact OEMs, CMs, and EMS providers.