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Amid rumors that former TSMC Senior VP Wei-Jen Lo might join Intel in the sub-2nm race, Liberty Times reports he returned to Team Blue in late October as VP of R&D, shocking the semiconductor industry. The report, citing industry sources, also claims that before retiring in July, Lo allegedly us...
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China's foundry giant SMIC reported robust Q3 results with profits surging 29% year-on-year, but surprised markets by revealing an unexpected ripple effect: tight memory chip supplies are making smartphone clients increasingly cautious with orders, according to chinastarmarket.cn. Notably, SMIC...
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Amid China’s aggressive drive for chip self-reliance, leading foundry SMIC delivered stronger-than-expected third-quarter results, The Wall Street Journal reports. The company posted net profit of $191.8 million for the period—up 29% from a year earlier and comfortably ahead of the $161.2 millio...
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As it seeks to regain momentum beyond memory, Samsung Electronics is charting an ambitious path for its foundry division, aiming for a long-awaited turnaround. According to ETNews, citing industry sources, the company has set a target of making its foundry business profitable by 2027 and aims to cap...
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Beijing’s latest push for tech self-reliance might be backfiring. After reportedly ordering all state-backed data centers to use only domestic AI chips—effectively shutting out NVIDIA—China could now be facing a deepening chip crunch. According to The Wall Street Journal, the shortage has beco...