The European Union should not decouple from the global semiconductor supply chain in its efforts to create a European chipmaking ecosystem and be self-sufficient, the Netherlands warned this week.
Chipmaker GlobalFoundries revealed a jump in revenue in its filing for a stock market flotation, setting the stage for a blockbuster finish to a record year for initial public offerings in the United States.
Japan is worried that U.S. plans to pour billions of dollars into chip manufacturing to fend off China could finish off what's left of a Japanese semiconductor industry that once dominated the world.
TechnologyJapan to boost spending to promote local chip production -Nikkei
Reuters
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Pedestrians wearing protective masks, following the coronavirus disease (COVID-19) outbreak, walk underneath Japanese national flags at a shopping district in Tokyo, Japan, January 6, 2021. REUTERS/Kim Kyung-Hoon/File Photo
Japan is planning to increase spending to ramp up local production of advanced semiconductors and batteries under this year s growth agenda, the Nikkei newspaper reported.
Under the draft growth blueprint set to be finalised as early as June, the government will also promote large-scale investment to develop batteries for electric vehicles, the paper said on Wednesday, without citing sources.
EuropeBE Semiconductor plans US, Taiwan expansion as chip demand soars
Reuters
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Chipmaking equipment supplier BE Semiconductor (BESI) (BESI.AS) said on Friday it planned to boost its operations in the United States and Taiwan as its top customers ramp up investment to meet a surge in chip demand.
The Dutch-based maker of semiconductor assembly and packaging equipment also said it expected second-quarter revenue to rise between 30% and 40% from the previous quarter. At present, our strategic priorities focus primarily on ramping production to meet customer delivery dates, Chief Executive Richard Blickman said in a statement, citing favourable order trends.