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Samsung net profit jumps 73% in Q2 on strong chip demand, steady mobile business

2021-07-29 08:28:00| Telecompaper Headlines

(Telecompaper) Samsung Electronics reported second-quarter revenues up 20 percent year-on-year to KRW 63.67 trillion, driven by the strong market demand for memory...

Tags: net business mobile strong

 

Car production hit by 'pingdemic' and global chip shortage

2021-07-29 01:03:50| BBC News | Business | UK Edition

The UK industry says the demand is there but it is "desperately trying to get back to full capacity".

Tags: car global hit production

 
 

Jaguar Land Rover owner Tata Motors feels chip shortage strain

2021-07-26 17:17:12| BBC News | Business | UK Edition

Tata Motors sees losses narrow, but warns that a lack of semiconductors could halve car production.

Tags: land owner motors chip

 

Chinese ownership of Newport chip fab dubbed first order strategic issue

2021-07-26 02:00:00| Total Telecom industry news

Back in 2017, in an effort to boost the Welsh economy and carve out a piece of emerging tech markets like robotics and 5G, ten councils in the Cardiff Capital Region announced plans to build a £38 million semiconductor factory in Newport. Fast forward four years and, at the beginning of this month, it was announced that the business would be acquired by Nexperia, a Chinese-owned company based in the Netherlands…read more on TotalTele.com »

Tags: order issue chinese ownership

 

GlobalFoundries pledges $1bn expansion to ease chip supply crisis

2021-07-22 02:00:00| Total Telecom industry news

With the world still struggling under the weight of the ongoing semiconductor supply crisis, various chip firms around the world are announcing expansion plans to help reach soaring demand. Now, the US-based semiconductor manufacturer GlobalFoundries has announced its current US expansion plans, which involve investing $1 billion into their Malta, New York, fabrication plant, as well as longer-term plans to launch a new fab at the same location…read more on TotalTele.com »

Tags: supply expansion ease crisis

 

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