Arm shies away from China over US and UK export controls on advanced chips December 14, 2022 British chip firm Arm has been taken off the roster for China’s semiconductor supply chain after the UK and US adopting stringent export controls on advanced chips to the country. It has reportedly left Chinese consumer technology giant Alibaba unable to get its hands on some of the most advanced chips in the sector, according [...]
China crafts £116bn chips support package as it tackles US curbs with WTO December 13, 2022 China is reportedly crafting a $143bn (£116.5bn) package to support its semiconductor industry, as it tackles new US trading curbs with the World Trade Organisation (WTO). The package would be a major pillar in sustaining its chips sector, which is currently fielding attempts from the US to slow its technological advances. Beijing plans to roll [...]
UK and Japan join forces on chip supply with Taiwan ties feeling ‘risky’ in China conflict December 7, 2022 The UK and Japan have pledged to improve the resilience of their semiconductor supply chains, as part of a freshly inked partnership between nations. In a statement today, the UK government said the partnership – which will oversee a combined IT sector worth more than £406bn – will further cement foundations for trade and investment [...]
Semiconductor industry’s grip on globe to loosen next year in economic downturn November 28, 2022 The semiconductor sector is bracing for slipping demand next year, as the grip the industry had on consumer and industrial-facing businesses loosens. Global revenue generated by computer chips, crucial bits of tech used in most of today’s electronics, is expected to fall 3.6 per cent in 2023, according to tech research and consulting giant Gartner. [...]
UK ‘missing out’ on semiconductor inward investment November 28, 2022 The UK is ‘missing out’ on semiconductor inward investment as international competition heats up, says a new parliamentary report. MPs on the Business, Energy and Industrial Strategy Committee singled out cooperation with the US under the CHIPS Act and engagement with Taiwan as possible areas that could yield opportunities for the booming sector. Globally, the semiconductor [...]
Warren Buffett reveals over $4bn stake in world’s largest chipmaker TSMC November 15, 2022 American business magnate Warren Buffett’s Berkshire Hathaway has revealed a $4.1bn (£3.4bn) stake in the world’s largest chipmaker, in a rare big bet on tech. Shares in Taiwan Semiconductor Manufacturing Company (TSMC) rose 7.8 per cent to $480 (£405) a share by the time Taipei’s market closed, on the back of Buffett weight in investment [...]
Fiat carmaker Stellantis enjoys boost to revenue as chip shortage eases November 3, 2022 Stellantis, the carmaker behind Fiat and Peugeot, has enjoyed a boost to revenue in the past few months as a shortage of computer chips crucial to tech-assisted cars eases. Revenues rose by nearly a third to €42.1bn (£36.4bn) in the three months to September. The group’s sales of battery electric vehicles jumped more than 40 [...]
Tech could get Britain’s net zero target back on track October 31, 2022 Tech could get Britain back on track to meet its net zero commitment after the chair of the independent Climate Change Committee warned that progress on the target had gone awry in recent months. With the UN’s flagship climate conference COP27 in Egypt one week away, Committee chair Lord Deben told The Independent today that [...]
British chipmaker IQE lunges into Samsung’s home turf with Asia push October 17, 2022 British chipmaker IQE has announced its second Asia-based partnership in a week, as it seeks to widen its presence in the tech-driven market. IQE today inked a supply deal with an unnamed consumer electronics heavyweight in the region, just days after cutting a deal with Korean supplies producer SK Siltron for the development and commercialisation [...]
Chipmaker Pragmatic takes a slice of £150m industry cashpot to go green October 14, 2022 British chipmaker Pragmatic has been injected with £2.4m to make its semiconductor manufacturing process greener. The production of semiconductors, microchips used in most of today’s electronics, is highly resource intensive and uses a significant amount of energy and water. “While many semiconductor companies are taking positive steps to mitigate this, for example with a transition [...]