P5 Platform
Intel to Acquire Tower Semiconductor for $5.4 Billion
March 7, 2022 – Intel Corporation has announced its acquisition of Tower Semiconductor, a leading foundry for analog semiconductor solutions, for $53 per share in cash. This acquisition represents a total enterprise value of approximately $5.4 billion. With an unprecedented global shortage across the chipmaking…
COVID-19 Impact Updates | Event | Supply Chain
Chinese Industrial Hub Shutdown due to COVID-19 Concerns
February 24, 2022 – In an effort to combat the spread of COVID-19, a strict lockdown has been imposed in the Chinese city of Suzhou. Suzhou is a technological hub and key manufacturing location for semiconductors. Home to manufacturing facilities for several global firms including Samsung, Bosch, Eli…
Chipmakers Race to Build Factories Amidst Shortages
Relief to the chip shortage is coming – but how soon? Electronics chip makers have shifted gears in an attempt to combat the global chip shortages. Top manufacturers, such as TSMC and Samsung, are looking to invest tens of billions of dollars into building new chip…