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Monthly Archives: August 2024
[News] Rapidus Reportedly Pursues JPY 100 Billion in Bank Financing for Mass Production
As per a report from Kyodo News on August 21st, that the Japan-based chip manufacturer Rapidus is expected to begin mass production of 2nm chips by 2027. To secure the necessary funds for semiconductor production, Rapidus is reportedly seeking JPY …
Posted in Semiconductors
Tagged DENSO, Japan, Kioxia, Mitsubishi, Rapidus, semiconductor, Softbank, Sony
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[News] Taiwanese Server Giant Wiwynn Sues Musk’s X for Unpaid Bills, Echoing MiTAC’s Past Payment Disputes
As per a report from Business Insider, Taiwanese AI server giant Wiwynn has filed a lawsuit against Elon Musk’s social platform X (formerly Twitter), claiming it refused to pay USD 120 million for parts. However, this may not be the first time …
[News] July FOMC Meeting Minutes Highlight Rising Labor Market Risks, Indicating Dovish Policy Outlook
The Federal Reserve released the minutes of the July FOMC meeting on August 21, providing insight into the views of Fed officials on the current economic conditions and outlook: Inflation: Inflation has eased compared to a year ago, with …
[News] Foxconn Expands Investment in the U.S., Mexico, India, and Europe, Approaching USD 840 Million
According to a report from Economic Daily News, on the evening of August 21st, Foxconn announced plans to expand its investments, increasing capital in its subsidiaries located in the U.S., Mexico, India, and Europe. The total investment amounts to roughly …
Posted in Consumer Electronics, Semiconductors, Smartphones
Tagged Europe, Foxconn, GB200, India, Mexico, semiconductor, US
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[News] Samsung Rumored to Select MTC as a Contract Manufacturer of Micro LED
Per Korean media theElec on August 19, Samsung Electronics is considering outsourcing part of its Micro LED display production to a third party including China-based MTC. According to industry sources cited by Korean media, Samsung is currently evaluating the possibility …