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Tag Archives: tsmc

Britain Joins Semiconductor Chips Race, Introduces $1.2B Plan

The British government has undertaken a focused approach in revamping its semiconductor industry and will capitalize on its strengths such as designing and producing non-silicon chips, and intellectual property rights.  On Friday, May 19, Great Britain announced support of £1 billion ($1.2 billion) for its semiconductor industry. With this move, the United Kingdom joins the race with the US and EU to boost its domestic chipmaking capabilities and reduce its dependence on foreign players....

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SMIC Sustains 20.6% YoY Revenue Fall in Q1 2023 to Record First Income Deficit in Three Years

Chinese chip powerhouse SMIC saw Q1 revenue fall to $1.46 billion as it continues to withstand chip shortages and US trade sanctions.  Semiconductor Manufacturing International Corporation (SMIC) has seen its revenue fall according to its latest quarterly figures. On Friday, the Chinese chipmaking giant posted revenue of $1.46 billion for Q1 2023 amid challenging macroeconomic parameters. In addition to being down 20.6% year-on-year (YoY), SMIC’s latest revenue haul represents the first...

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