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Samsung has announced the S3B512C security chip, its new fingerprint security chip developed in partnership with Mastercard, designed primarily for payment cards. According to the company, the chip is the ‘industry’s first all-in-one security chip solution’…
Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines. The San Diego, California, company once known…
Qualcomm revealed plans to bring to the market an Apple M1-beating chip by 2023 during its 2021 investor conference. The processor will be based on technology from Nuvia, a chip startup that was founded by ex-Apple engineers who had worked on Apple A and M…
German chipmaker Infineon expects the global semi-conductor shortage to remain well into 2022, it said as it posted a 10% rise in fourth-quarter revenue on soaring demand for chips used in everything from cars to home appliances. Shares of the company rose 2%…
German chipmaker Infineon Technologies said on Tuesday it plans a 50% hike in investments next year, boosting its shares as it looks to benefit from soaring demand and a global shortage in semiconductors. Infineon said it would invest around 2.4 billion euros…
Samsung had a record third-quarter revenue as it reported the U.S. Dollar equivalent of $63.1 billion for the period. That works out to a 10% increase for the top line while operating profit for the quarter came to $13.5 billion (or 26% higher than the…
Hyundai Motor’s global chief operating officer said on Wednesday the South Korean automaker wants to develop its own chips to reduce reliance on chipmakers. A global shortage of semiconductors, triggered partly by surging demand for laptops and other…
The chip shortage is now having an impact on Apple’s iPhone 13 series. Those knowledgeable about what is going on inside Apple’s camp say that the company will cut its production targets for this year by as many as 10 million units reducing the number of…
Counterpoint Researc has lowered its estimate of global smartphone deliveries this year. Shipments of the device were originally forecast to hit 1.45 billion units in 2021 for a 9% annual gain, but thanks to the chip shortage Counterpoint has cut its estimate…
Samsung Electronics Co Ltd is close to finalizing the construction of a $17 billion semiconductor factory in Williamson County in the U.S. state of Texas, three people with knowledge of the matter said. Samsung told Reuters that it is continuing due diligence…
Tesla temporarily halted some operations at its Shanghai factory last month as the global shortage of semiconductors hit the electric car maker, Bloomberg News reported on Thursday, citing people familiar with the matter. Part of a production line at the…
India’s top carmaker Maruti Suzuki said on Tuesday that the global chip shortage will hurt production at its plants in the states of Haryana and Gujarat in September. Total production volume across both locations could be around 40% of normal output, it said…
Toyota said it will slash global production for September by 40% from its previous plan, becoming the last major automaker to cut output due to a global chip crunch, but it maintained its annual sales and production targets. Toyota’s success in navigating the…
Volvo Cars, owned by China’s Geely Holding, will temporarily stop production at its Swedish plant in Gothenburg due to the shortage of semiconductor chips, it said on Wednesday. A global chip shortage has hit manufacturing, with automakers cutting down on…
TSMC and Samsung, the two top contract foundries in the world, will soon have a new rival. Reuters reports that yesterday Intel announced that it will start producing chips for other companies such as Qualcomm and Amazon. Intel expects to challenge TSMC and…
Samsung is reportedly expecting a notable 53% increase in its quarterly profit following a very healthy demand for memory chips during the global semiconductor shortage. One of the largest electronics manufacturers in the world forecasts a profit of nearly…
