Chip subsidy: US strikes $225 million deal with BoschThe department said the funding will support Bosch's planned $1.9 billion investment to transform its manufacturing facility in Roseville, ...
13 Dec, 2024, 11.17 PM IST
German government plans billions of euros in new chip subsidies: reportThe subsidies are expected to be about 2 billion euros ($2.11 billion), Bloomberg reported, citing two people who attended an event about t...
28 Nov, 2024, 11.46 PM IST
Armed with 5 b subsidy, TSMC breaks ground on 11 b German chip factoryTaiwan Semiconductor Manufacturing Co started building its first European plant in Dresden, Germany, intending to ensure stable chip suppli...
20 Aug, 2024, 11.54 PM IST
Chinese chipmaker Nexperia invests $200 million in European expansionNexperia makes 100 billion such chips annually, nearly a quarter of the world's supply. These chips are preferred over traditional silicon ...
27 Jun, 2024, 01.44 PM IST
Taiwan chip giant TSMC says Arizona plant making 'fast progress'Recent comments from the company on skilled worker shortages had incited ire from Arizona's unions, leading to scathing op-eds in local out...
06 Sep, 2023, 04.55 PM IST
Chip shortage in Germany's car industry will last years: Audi's Renate VachenauerBerlin has been courting the world's largest contract chipmakers with billions of euros in subsidies. Chipmakers such as US Intel and Taiwa...
11 Aug, 2023, 10.18 AM IST
Taiwan chipmaker TSMC approves $3.8 billion Germany factory planThe company, in a brief statement after a board meeting, said it had approved the investment of up to 3.499 billion euros in a TSMC-majorit...
08 Aug, 2023, 04.01 PM IST
Germany earmarks €20 billion in subsidies for chip industryThe ministry said Taiwanese semiconductor manufacturer TSMC has also expressed interest in investing in a semiconductor production facility...
25 Jul, 2023, 04.33 PM IST
Global chip race touches off spending spree, led by Intel’s $50-billion campaign targeting semiconductorsIntel’s largest layout in Europe will be its $32.8 billion plant in Germany.
21 Jun, 2023, 09.39 AM IST
Chipmakers' plans for factories in Europe, US and AsiaIndia, Taiwan and South Korea have offered incentives such as tax breaks to boost domestic chip production. Here are some of the chipmakers...
20 Jun, 2023, 04.45 PM IST
Intel to spend $33 billion in Germany in landmark expansionThe deal to build two leading-edge semiconductor facilities in the eastern city of Magdeburg involves 10 billion euros in German subsidies,...
19 Jun, 2023, 08.16 PM IST
Germany to sign agreement with Intel after chip plant talksBerlin has not confirmed how much state funding the company is set to receive for the project in the central German city of Magdeburg.
19 Jun, 2023, 02.44 PM IST
Intel, Micron spending spree shows chip diplomacy bearing fruitIntel Chief Executive Officer Pat Gelsinger flew to Wroclaw, Poland, to announce a new $4.6 billion chip facility in the 1,000-year-old uni...
16 Jun, 2023, 06.38 PM IST
Germany refusing Intel's additional demand for subsidies for chip plant: reportThe company was due to receive 6.8 billion euros in government support for its fabrication plant in Germany. However, due to higher energy ...
11 Jun, 2023, 11.39 AM IST
Germany wants more chipmakers, but they won't come cheapPlans are in the works to revamp German immigration laws to attract more talent, but that might not be soon enough. "Firms that already exi...
27 Mar, 2023, 11.55 PM IST
The global fight over semiconductors is about to get even worseThe dearth of semiconductors has brought some car manufacturing to a halt and delayed shipments of game consoles and smartphones, waking Wa...
17 Mar, 2022, 11.15 AM IST
Intel seeks $10 billion in subsidies for European chip plantPat Gelsinger, on his first European tour since taking charge, met European Commissioner Thierry Breton in Brussels on Friday.
01 May, 2021, 10.05 AM IST