ESMC – a jv between TSMC, Bosch, Infineon and NXP – broke ground for its first fab in Dresden yesterday, with the EU announcing it had approved a €5 billion subsidy from the German government for the €10 billion project. ”Together with our partners, Bosch, Infineon and NXP, we are building our Dresden facility to meet the semiconductor needs of ...
Intel selling its one million shares in ARM, a 60% profit drop at SMIC, Richard LeCain becoming CTO at the UK Battery Industrialisation Centre, TSMC record, and Mitsubishi, Nissan and Honda teaming up for EVs...
High-powered laser weapon tests, Siemens adding AI simulation tools for semiconductor designs, Arm’s revenues rising almost 40% and TSMC breaking ground on its first European...
TSMC will break ground on its first European fab in August, reports the Nikkei, with TSMC chairman and CEO C.CWei attending, “TSMC plans to hold the groundbreaking ceremony for the ESMC’s fab in Dresden, Germany, on August 20,” says TSMC, “this event represents a significant milestone for TSMC and our investment partners in the European semiconductor industry. The ESMC project ...
TSMC’s June revenue of $6.4 billion was down 9.5% on May and up 32.9% y-o-y, the company has announced. Revenue for the year to the end of June was $39 billion up 28% from the $30.4 billion of January-June 2023. You can read the full ‘June 2024 Revenue Report’ on the TSMC website. See also: TSMC gets $11.6bn funding and ...
The Top 10 foundries had Q1 revenue of $29.2 billion at a QoQ drop of 4.3% in 1Q24, says TrendForce. SMIC took the No.3 after overtaking GlobalFoundries and UMC. GloFo fell to No.5. TSMC fell to $18.85 billion at an approximate QoQ drop of 4.1% but maintained its market share of 61.7%. Samsung had revenue of $3.36 billion at a ...
Five companies which were building facilities to supply TSMC and Intel’s new fabs in Arizona have halted construction plans, reports the Nikkei. The companies are: LCY Chemical, Solvay, Chang Chun Group, KPPC Advanced Chemicals (Kanto-PPC) and Topco Scientific. The companies attributed the postponements to the slow progress on the TSMC and Intel plants, a shortage of construction workers and higher ...
On Saturday TSMC opened its first Japanese fab in Kumamoto, on the island of Kyushu. Japanese Prime Minister Fumio Kishida attended via video link and his government announced it would give TSMC $4.85 billion in subsidies to build a second fab in Kumamoto bringing total subsidies for the two fabs to $8 billion. Kishida said that the importance of the ...
TSMC expects 25% growth this year after an 8.2% expected dip in Q1 revenues to between €18 billion and $18.8 billion. In Q4, HPC revenues, including AI, grew 17% q-o-q, smartphone revenues grew 27% and auto grew 13% Capex is expected to be between $28 billion and $32 billion. Q4 net profit was 19.3% down y-o-y at $7.6 billion and ...
TSMC today announced that its Chairman Dr. Mark Liu (pictured) has decided not to seek the nomination of TSMC board membership for the next term and will retire from the Company after the 2024 Annual Shareholders Meeting. TSMC’s Nominating, Corporate Governance and Sustainability Committee of the board recommends vice chairman Dr. C.C. Wei succeed as the company’s next Chairman, subject ...
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