Around the web
27 Jan 202226 Jan 202224 Jan 202220 Jan 202219 Jan 202218 Jan 202217 Jan 202213 Jan 202211 Jan 20227 Jan 20226 Jan 20225 Jan 20224 Jan 202230 Dec 2021
China's Realme will enter Europe's high-end handset market next month with its priciest ever device, its CEO told Reuters, as it looks to expand beyond its budget offerings and sell 50% more smartphones globally this year.
Reuters
Tesla will see sales increase by over 50% in 2022 compared with last year's despite supply chain problems, Elon Musk has said.
BBC News
Memory chip maker Micron Technology will shut its DRAM chip designing operations in Shanghai by the end of this year, the company confirmed late on Wednesday.
Reuters
Efforts aimed at reviving US semiconductor manufacturing and strengthening technology supply chains advanced this week with the introduction of a catch-all bill that funds "surge production" of US-made chips while investing in broad-based technology R&D.
EE Times
The chief executive of ASML on Wednesday said the company still has not received permission to ship any of its most cutting edge lithography systems, which are necessary to make advanced computer chips, to China.
Reuters
Apple navigated pandemic-related supply chain issues better than rivals at the end of 2021, likely helping the iPhone maker surpass Wall Street revenue growth targets of 6%, some analysts estimate.
Reuters
The head of the World Health Organization on Monday dampened optimism that the pandemic will subside in omicron's wake, noting that global conditions are still ideal for the emergence of new variants.
Ars Technica
Toyota said on Tuesday it expects to miss its annual 9 million vehicle production target because competition for semiconductors meant it didn't have enough to ramp up car output to offset production lost during the pandemic last year.
Reuters
Sony said Tuesday that it has completed the initial funding of TSMC's chipmaking subsidiary in Japan, a key milestone in their joint venture.
Nikkei Electronics Asia
Manufacturers have seen their stocks of semiconductors plunge amid the global chip shortage, the US Department of Commerce has warned. A survey of more than 150 firms found supplies had fallen from an average of 40 days' worth in 2019 to just five days in late 2021.
BBC News
Arm faces significant hurdles to growth as a standalone company if Nvidia's proposed acquisition falls through, according to documents released as part of the UK regulator's ongoing merger inquiry.
EE Times
EU antitrust regulators have resumed investigation of Nvidia's deal for British chip designer ARM, setting a new deadline of May 25 for their decision, a European Commission filing showed.
Reuters
Rob Crooke, CEO of Solidigm and a 10-year veteran of Intel's memory business, told CRN that while the memory business has been a profitable one for Intel, Intel realized that to get the scale needed to continue to serve customers' growing memory and SSD requirements required a huge investment in scale, and the SK Hynix had the scale necessary.
CRN
SK Hynix has started to mass produce 0.7-micron image sensors, getting into competition with Sony and Samsung Electronics in the global image sensor market.
BusinessKorea
China's state-backed Tsinghua Unigroup has scrapped major memory chip projects in two cities as new investors push to turn around the debt-stricken company that has been left reeling from US restrictions on its access to vital technology.
Nikkei Electronics Asia
Microsoft doesn't disclose Azure revenue in dollars. but said there will be a sequential growth acceleration in constant currency in the current quarter for Azure.
CNBC
Intel has announced plans for an initial investment of more than US$20 billion in the construction of two new leading-edge chip factories in Ohio.
Company release
The chief executives of major US passenger and cargo carriers on Monday warned of an impending "catastrophic" aviation crisis in less than 36 hours, when AT&T and Verizon are set to deploy new 5G services.
Reuters
As the world looks to electrify vehicles and store renewable power, one giant challenge looms: what will happen to all the old lithium batteries?
BBC News
The Biden administration is reviewing e-commerce giant Alibaba's cloud business to determine whether it poses a risk to US national security, according to three people briefed on the matter, as the government ramps up scrutiny of Chinese technology companies' dealings with US firms.
Reuters
Toyota Motor is cutting its February production by around 20% due to chip shortages, the Nikkei newspaper reported Tuesday, though that output target is still up from a year earlier.
Bloomberg
Zinsner started at Micron in February 2018 and is departing to join Intel as its CFO.
Company release
More global automakers have been caught in China's latest coronavirus outbreak in Tianjin, adding further stress to already strained supply chains.
Bloomberg
Taiwan's GlobalWafers is close to clearing an important regulatory hurdle in its $5.3 billion acquisition of German silicon wafer manufacturer Siltronic, according to people familiar with the matter.
Bloomberg
Samsung Electronics is expected to announce large-scale merger and acquisition (M&A) deals soon. German chipmaker Infineon Technologies and Dutch semiconductor company NXP Semiconductor have emerged as Samsung's M&A targets as it aims to foster its non-memory business.
BusinessKorea
Officials in Beijing are on high alert just weeks out from the start of the Winter Olympics, after China's first local outbreak of the Omicron variant spread from the northern port city of Tianjin to the central province of Henan.
CNN
Rio Tinto will put its controversial western Serbia lithium project on hold, a news agency has reported, quoting the CEO of Rio's Serbian arm. The mining group wants to develop the mine near Loznica in the western Jadar river valley to extract lithium, used in electric car batteries, and borates, used in solar panels and wind turbines. Demonstrators block a highway on Saturday to protest against Rio Tinto's plan to mine lithium in Serbia.
Guardian
The lightest of metals may be causing the largest of impacts. Lithium, which powers our phones, laptops, and electric cars, is essential to our battery-driven world. The demand for lithium has rapidly increased, as the global market's annual consumption has risen by 8.9 percent annually.
Harvard International Review (HIR)
The Entertainment Software Association is shifting the Electronic Entertainment Expo to an online-only event out of concerns around the pandemic.
Venturebeat
Japan's Sony Group plans to launch a company this spring to examine entering the electric vehicle market, looking to harness its strengths in entertainment and sensors to play a bigger role in next-generation mobility.
Reuters
It follows a similar lockdown in Xi'an, where 13 million have been confined to their homes since 23 December.
BBC News
Today as part of CES 2022, Intel demonstrated advancements and momentum with Mobileye, progress toward discrete graphics leadership and the launch of the newest members of the 12th Gen Intel Core family. With these milestones, Intel furthers its commitment to enable the industry and its customers and partners to harness the technology superpowers - ubiquitous computing, cloud-to-edge infrastructure, pervasive connectivity and artificial intelligence - at the heart of the digital transformation.
Company release
Delivery times for chips rose in December, signaling persistent component shortages that have slammed growth for months in industries that span the economy.
Bloomberg
GM said its sales, which fell 13%, were hurt by semiconductor shortages affecting the car industry. Japan's Toyota claimed the top spot, selling more than 2.3 million vehicles last year, up 10%.
BBC News
ASML Berlin manufactures components for ASML's lithography systems, including wafer tables and clamps, reticle chucks and mirror blocks.
Company release
Debt-laden Chinese chip conglomerate Tsinghua Unigroup on Wednesday said that a draft proposal to restructure the company had been approved by creditors.
Reuters
South Korea's factory production jumped the most since mid-2020 last month, suggesting supply disruptions that hurt manufacturing in key industries were easing before an omicron-triggered surge in global infections.
Bloomberg
The semiconductor industry's struggle to keep up with incoming orders looks set to continue as supply bottlenecks may last until the end of 2022, a member of German chipmaker Infineon's management board told the Handelsblatt newspaper on Wednesday.
Reuters
Apple said it had placed the southern Indian factory of iPhone assembler Foxconn on probation after both companies found that some worker dormitories and dining rooms did not meet required standards.
Reuters
China's ride-hailing firm Didi Global on Wednesday reported a 1.7% decline in third-quarter revenue, as its domestic business took a hit from a regulatory crackdown.
Reuters
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