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U.S. Congress Passes CHIPS Act
The United States Congress has passed the CHIPS and Science Act, paving the way for a stronger presence of the semiconductor industry in America with billions earmarked for investment. According to the Semiconductor Industry Association, the overall share of modern semiconductor manufacturing capacity located in…
Electronics Prices Surge After Chipmakers Hike Prices
Major chip manufacturers like Intel, Qualcom & Marvell have begun informing customers of an increase in the price of many of their core products—and this price hike will be passed along to consumers. We live in an era of ultra-connectivity. Nearly every device that we…
Chipmakers Invest Billions to Expand Semiconductor Capacity
Chipmakers struggled to keep up with increased demand while being hit by multiple supply chain disruptors: COVID-19, the Russia/Ukraine Conflict and global lockdowns in China and abroad. In order to find a solution to the shortages, chipmakers are looking at investment opportunities and business expansions. …
COVID-19 Impact Updates | Industry News | Supply Chain
ELM Electronics, OBD-II Chip Maker, Shuts Doors
June 24, 2022 – After more than 24 years of business, ELM Electronics is set to close its doors on June 30, 2022. ELM Electronics has been a part of the electronics and integrated circuits industry since its founding in 1998. They manufacture a wide…
Industry News | Supply Chain | Ukraine/Russia Conflict
Taiwan Bans the Supply of Chips to Russia
June 9, 2022 – Taiwan has imposed a ban on the sale of modern chips to Russia and Belarus, the latest round of sanctions in response to the invasion of Ukraine. This ban rules out all modern technology, including microcontrollers for most electronic devices. Taiwan…
Industry News | Regulation and Compliance updates | Supply Chain
3M Factory Shutdown Could Rock Global Electronics Market
Chipmakers use a semiconductor-grade PFAS as a coolant during chip etching – and 80% of that came from a single 3M plant in Belgium. May 11, 2022 – Global chipmakers are facing a major issue with the shutdown of a 3M Company factory that produces…
COVID-19 Impact Updates | Event | Industry News | Supply Chain
List of China’s Factories Impacted By COVID-19 Surge
April 21, 2022 – Global concern continues to mount as COVID-19 spreads across China and city lockdowns shutdown factories. Production out of China has come grinding to a halt. Due to China’s Zero-COVID policy, factories and manufacturing hubs have been shut down, stranding ships in port…
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Russian Technology Sector Targeted by US Sanctions
April 8, 2022 – The U.S. Department of Treasury recently issued a new round of sanctions on the Russian Federation in response to its invasion of Ukraine, this time targeting the Russian technology sector. This new round of sanctions targets 21 business entities and 13…
COVID-19 Impact Updates | Event | Industry News
China’s Zero Covid Policy Continues to Impact Manufacturing
March 24, 2022 – China’s zero-COVID policy is continuing to have a substantial impact on the production efforts of key manufacturers in the general electronics and automotive part industries. This policy has forced shutdowns in the critical manufacturing hubs of Shenzhen and Changchun. On top…
Event | Industry News | Supply Chain | Ukraine/Russia Conflict
Electronics Chipmakers Cut Ties With Russia
March 9, 2022 – Global chipmaking companies, including the giant Taiwan Semiconductor Manufacturing Company, have begun to sever ties with Russia. The United States and several of its allies have announced sanctions on Russia with the goal of limiting their military advancements by putting a…