Monthly Archives: August 2024

[News] Tech Giants’ Supply Chain Reshuffle: from China to Southeast and South Asia

China has long been the preferred location for tech companies to establish their supply chains. However, in recent years, the decline in population dividends has led to rising labor costs, and the need for tech companies to mitigate the impact …

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[News] ASML Claims the World Counts on China for Legacy Chips; So Do Chip Equipment Giants

As semiconductor giants, including Intel, TSMC and Samsung, have been competing fiercely in the Angstrom era for advanced nodes, the progress on their adoption of ASML’s High-NA EUV (high-numerical aperture extreme ultraviolet) equipment has been brought back into spotlight lately. …

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[News] Top 100 Cities for Semiconductor Industry Competitiveness – Shanghai & Beijing Break into the Global Top Ten

The World Integrated Circuit Association (WICA) recently released its 2023 ranking of the top 100 cities in the global semiconductor industry. According to the list, the U.S. and China each have 26 cities represented, leading the rankings. South Korea, Japan, …

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[News] Samsung Reportedly Reduces Procurement of ASML’s Next-Generation EUV Lithography Equipment

According to a report from South Korean media outlet BusinessKorea citing sources, Samsung Electronics is said to be planning to reduce its procurement of ASML’s next-generation Extreme Ultraviolet (EUV) lithography equipment. Additionally, their joint plan to build a research and development …

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[News] China Keeps Loan Prime Rates Unchanged, though July Economic Data Shows Ongoing Growth Pressure

The People’s Bank of China (PBOC) announced on August 20 that the 1-year and 5-year Loan Prime Rates (LPR) would remain unchanged at 3.35% and 3.85%, respectively, in line with market expectations. In July, the PBOC had lowered the 7-day …

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