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South Korea Investing $451B Into Domestic Semiconductor Industry Through 2030
The South Korean government revealed its local chipmakers, led by Samsung, will spend $451 billion to upgrade their capabilities through 2030.
Foxconn and Stellantis to form Mobile Drive, an advanced digital cockpit company
Foxconn and Stellantis are joining forces to form a new advanced digital cockpit company called Mobile Drive.
GlobalFoundries signs three-year, $1.6B wafer supply deal with AMD
GlobalFoundries made a $1.6 billion wafer supply deal with AMD. It will also develop 5G and 6G RF parts with Raytheon.
Qualcomm reportedly inks six-year foundry services agreement with UMC
Qualcomm made a six-year deal supply deal with UMC, the world’s fourth-largest contract chipmaker. Read more here.
TSMC and Japanese government launching $337M 3D chip development project
TSMC and the Japanese government are co-funding a potentially revolutionary $337 million semiconductor research project.
AMD CPUs and GPUs to power Tesla’s next-generation vehicle infotainment systems
AMD revealed it would supply Tesla with CPUs and GPUs for the upcoming refreshes of its Model X and S in-car infotainment systems.
Nvidia to acquire DeepMap, an advanced mapping startup, to boost its AV resources
Nvidia announced it would acquire DeepMap, a mapping solutions startup, to improve its self-driving car technology.
Global chip shortage prompting spike in component counterfeiting
Criminals are using the global chip crisis as an opportunity to rip off unsuspecting manufacturers for hundreds of thousands of dollars.
Nexperia investing $700M in capacity expansion, opens new production line in Britain
Nexperia is spending $700 million to expand its development capabilities and manufacturing capacity. And it just activated a new production line.
GlobalFoundries begins construction on $4B 300mm wafer fab in Singapore
GlobalFoundries recently broke ground on a $4 billion, 300mm Singapore-based silicon wafer fab that will begin full production in 2023.
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