Industry News
Chip lead times reach 22 weeks following Chinese power cutbacks
DigiTimes reported that the average lead time for integrated circuits had reached a record 22 weeks. In addition, industry leaders and market watchers expect the global chip shortage could persist past 2022.
China’s power crunch affects semiconductor companies with local facilities
China is dealing with an energy crunch due to constrained coal supplies and carbon emission-related power cuts. As a result, semiconductor companies with facilities in the region have dealt with operational disruptions.
Wayward balloon causes brief power outage affecting multiple European chipmakers
Last month, a foil balloon temporarily knocked out power across Dresden, Germany. As a result, facilities maintained by Infineon Technologies, Bosch, and GlobalFoundries in the area were affected.
Chipmakers ramp up development of SiC, GaN parts amid global EV push
Industry analysts expect the electric vehicle market to expand to $725 billion by 2026, up from $171 billion last year. Chipmakers are working to fuel the segment’s explosive growth by developing new silicon carbide (SiC) and gallium nitride (GaN) components.
COVID-19 outbreak in Southeast Asia exacerbates global chip shortage
A recent surge in coronavirus infections in Southeast Asia has exacerbated the global chip shortage, especially within the auto industry. As a result, the reconfiguration of the global electronic components supply chain has been affected.
Google developing CPUs in-house for its 2023 Chromebook and tablets
Google is reportedly developing Arm-based custom processors to power the next generation of its Chromebooks and tablet computers, which are set for release in 2023. However, the Big Tech giant’s strategy might be affected by changing the electronic components industry.
European Union wants Chips Act to bolster domestic semiconductor sector
The European Commission declared its intention to support an advanced domestic semiconductor ecosystem via the European Chips Act. Recently, Intel, TSMC, and Samsung have expressed interest in establishing capacity in the region.
Vietnamese semiconductor industry to reach $6.16 billion in value by 2024
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 reiterates plans to create $94 billion chip manufacturing hub in Europe
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.
SMIC to establish $8.87 billion chip factory in Shanghai
Semiconductor Manufacturing International Corporation (SMIC) announced it would spend $8.87 billion establishing a new 12-inch fab in Shanghai. It is also expanding the production capabilities of its other Chinese fabrication sites.
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