Recently, China’s National Integrated Circuit Industry Investment Fund Phase II (referred to as the "“Big Fund” Phase II") has made frequent investment, successively acquiring stakes in the wafer manufacturing company Chongqing Xinlian Microelectronics Co., Ltd. (referred to as "XLMEC") and th...

In the Q2 earnings call today (July 18th), TSMC Chairman and CEO C.C. Wei introduced the concept of “Foundry 2.0,” redefining the foundry industry to further include sectors like packaging, testing, mask making, and others, the latest report by Technews noted. C.C. Wei pointed out that under ...

TSMC held its earnings call earlier today. Looking ahead to the third quarter, the company estimates that, based on an exchange rate of USD 1 to TWD 32.5, revenue will fall between USD 22.4 billion and USD 23.2 billion, representing at least a 7.5% increase quarter-over-quarter. Additionally, TSMC...

Moments before TSMC’s earnings call, TSMC has released its financial results for the second quarter of 2024. Reportedly, TSMC announced consolidated revenue of NTD 673.51 billion, net income of NTD 247.85 billion, and diluted earnings per share of NTD 9.56 (USD 1.48 per ADR unit) for the quarter...

On July 17th, silicon wafer giant GlobalWafers announced that it is setting up a research and development center in Sherman, Texas, and constructing a 12-inch silicon wafer production line in St. Peters, Missouri. This move is expected to strengthen its US semiconductor supply chain. It is worth ...