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Author Archives: TrendForce
[News] Amid Samsung’s Reported 30% Overseas Workforce Cuts, SK Group Also Plans Major Job Reductions
SK Group is set to undertake a major workforce restructuring as part of its broader efforts to realign its business portfolio and reduce costs, following earlier measures this year. According to The Chosun Daily, the restructuring could see significant cuts, …
Posted in Semiconductors
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[News] U.S. Urges South Korea to Tighten Chip Export Controls to China
In recent years, the U.S., Japan and the Netherlands, have increasingly expanding restrictions on China in semiconductor technology. South Korea, on the other hand, has been cautiously responding to U.S. demands due to its significant dependence on the Chinese market. …
Posted in DRAM, Semiconductors
Tagged China, HBM, Korea, memory, Micron, Samsung, semiconductor, SK Hynix, US, US sanction
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[News] Altera CEO Denies Rumors for Sale, Claiming IPO Plan by 2026 Remains Unchanged
Ahead of Intel’s upcoming board meeting in mid-September, rumors have been circulating that the struggling giant may be mulling to selling its FPGA unit Altera, with AMD and Marvell being potential buyers. However, according to an interview with Altera’s CEO …
[News] U.S. PPI Slightly Increases in August as Services Prices Rebound
The U.S. Producer Price Index (PPI) slightly increased in August, according to data released by the Bureau of Labor Statistics on September 12. The PPI rose by 0.2% month-over-month (previously 0%), exceeding market expectations of 0.1%. On a year-over-year basis, …
[News] Intel Reportedly Sought Commerce Secretary Raimondo’s Help over U.S. Reliance on TSMC
In a last-ditch effort before the upcoming board meeting this week, Intel is said to be seeking assistance from the U.S. government. The latest report by CNBC notes that Intel CEO, Pat Gelsinger, turned to Commerce Secretary Gina Raimondo recently, …