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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…
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 | Industry News
Typhoon Chanthu Disrupts Supply Chain in East Asia
Super Typhoon “Chanthu”, an enormous category 5 disaster, is damaging portions of the Philippines, Taiwan, China, South Korea, and Japan. Not only does this typhoon have massive impacts on the human lives in the area, but also disrupts the already unstable state of semiconductor supply…