Tag: chip manufacturing

TSMC’s Plan to Boost Chip Production in Chinese Factory Met With Opposition

Chip giant Taiwan Semiconductor Manufacturing Company (TSMC) recently announced its plan to add new production lines in its existing plant in Nanjing, China. However, an expert in China’s telecom industry penned an article to express his opposition, claiming that China may not obtain the technology it desires from TSMC, and Chinese companies will face more…


China’s $18.5 Billion Semiconductor Investment Project Fails, Employees ‘Asked to Resign’

An $18.5 billion semiconductor manufacturing project in Wuhan City backed by the Chinese regime has failed, with employees having been “asked to resign” before Feb. 28. Anonymous sources from Wuhan Hongxin Semiconductor Manufacturing Co. Ltd. (HSMC) told Caixin its employees “submitted resignation applications before Feb. 28 and completed the departure clearance before March 5.” The notice…


US Chip Industry Calls on Biden Administration to Fund Factories

A group of U.S. chip companies on Thursday sent a letter to President Joe Biden urging him to provide “substantial funding for incentives for semiconductor manufacturing” as part of his economic recovery and infrastructure plans. The chief executives of major U.S. firms such as Intel Corp., Qualcomm Inc., Micron Technology Inc., and Advanced Micro Devices…