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....
Read More »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...
Read More »Berkshire Hathaway Sold Most of TSMC Stock Holdings Last Quarter as Semiconductor Supply Chain Constraints Linger
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Read More »China’s Largest Chipmaker SMIC Posts Impressive 2022 Revenue
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Read More »Asia Chipmakers See Shares Slide amid Abysmal Samsung Quarterly Profit
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Read More »ASML Posts Q4 2022 Earnings Forecast, Beats Estimates on Revenue & Net Profit
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Read More »TSMC Releases 2022 Q4 Earnings, Profit Climbs 78%
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Read More »Chip Manufacturing Giant TSMC Reports Record Sales but Misses Estimates
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Read More »TSMC Setting Up Plant in Germany
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Read More »TSMC Posts Q3 2022 Results, Sees Profit Rise 80%, Shares Dip 0.6%
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