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Monthly Archives: August 2024
[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, …
[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 …
[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 …
[News] AMD’s USD 4.9 Billion Acquisition of ZT Systems Signals a Challenge to NVIDIA’s Dominance
On August 19, AMD announced its acquisition of ZT Systems, a cloud computing and AI data center equipment designer, for a total value of USD 4.9 billion. This move is intended to strengthen AMD’s AI computing capabilities, while hinting at …
[News] TI to Receive USD 1.6 Billion Funding for Building Three 300mm Fabs
On August 16, the U.S. government announced a preliminary agreement with Texas Instruments (TI) to propose up to USD 1.6 billion in direct funding through the CHIPS and Science Act to support three 300mm semiconductor wafer fabrication plants (Fabs) under …