chip-shortage | ABS-CBN News

Intel, Samsung hammered as chips demand plummets

Julie Jammot and Alex Pigman, Agence France-Presse
Posted at Apr 28 08:49 AM

The crucial semiconductor industry, that powers everything from personal computers, smartphones to fighter jets, suffered a dismal first quarter as demand plummeted for chips. Read more »

Dutch to curb chip tech exports for 'security' reasons

Jan Hennp, Agence France-Presse
Posted at Mar 09 08:59 AM

The Dutch government announced plans for new export restrictions on technology to make computer chips, following pressure from the United States to restrict Chinese access to the technology. Read more »

Singapore economy grows more than expected in 2022

Agence France-Presse
Posted at Jan 03 11:53 AM

Singapore's economy grew more than expected last year but much slower than in 2021, official data showed Tuesday. Read more »

Ford to spend $1-B more than expected on supplier costs

Agence France-Presse
Posted at Sep 20 08:37 AM

Ford said that inflation-related supplier costs during the third quarter will run about $1 billion higher than originally expected. Read more »

Commuters urged care for their Beep cards amid shortage

Jacque Manabat, ABS-CBN News
Posted at Sep 05 06:22 PM

Commuters should take care of their existing Beep cards as there is a shortage of Stored Value Cards (SVCs) due to the global microchip crunch. Read more »

Rail operators told to brace for Beep Cards shortage

ABS-CBN News
Posted at Aug 19 02:10 PM

The Department of Transportation told rail operators to brace for an expected shortage of Beep Cards or stored-value cards as the global chip woes deepen. Read more »

Micron plans to invest $40 bn on US chip manufacturing

Agence France-Presse
Posted at Aug 10 08:44 AM

A global shortage of computer chips in recent months caused by production and transportation snags due to the pandemic has been a significant drag on economic activity Read more »

Depleted supply of Beep cards anticipated due to global chip shortage

Jacque Manabat, ABS-CBN News
Posted at Jul 19 09:21 PM

The provider of Beep cards, AF Payments Inc (AFPI), is facing delays in the delivery of cards as Russia's invasion of Ukraine continues. Read more »

Samsung begins production of advanced 3nm chips

Agence France-Presse
Posted at Jun 30 03:44 PM

Samsung Electronics became the first chipmaker in the world to mass produce advanced 3-nanometre microchips, the company said Thursday, as it seeks to catch up with Taiwan's TSMC. Read more »

Ukraine war slams brakes on European car sales

Agence France-Presse
Posted at Apr 20 06:07 PM

European car sales sank in March as Russia's invasion of Ukraine added more problems to a sector already struggling with shortages of semiconductors. Read more »

Samsung forecasts Q1 operating profit up 50.3 percent year-on-year

Agence France-Presse
Posted at Apr 07 08:39 AM

Samsung Electronics expects operating profits for the first quarter to rise 50.3 percent, the South Korean tech giant said in a statement Thursday, despite global supply chain woes. Read more »

Toyota quarterly net profit beats estimates despite chip shortage

Agence France-Presse
Posted at Feb 09 01:47 PM

Toyota on Wednesday logged a 791.7 billion yen ($6.8 billion) net profit for the three months to December, beating forecasts even as a global chip shortage led to production cuts. Read more »

Intel shows research for packing more computing power into chips beyond 2025

Stephen Nellis, Reuters
Updated as of Dec 13 08:31 AM

Research teams at Intel Corp unveiled work that the company believes will help it keep speeding up and shrinking computing chips over the next ten years, with several technologies aimed at stacking parts of chips on top of each other. Read more »

Samsung to build $17-B chip plant in Texas

Agence France-Presse
Posted at Nov 24 12:15 PM

Samsung said on Tuesday it will build a microchip factory in Texas, a $17 billion investment that comes as semiconductor shortages are causing supply chain delays across many industries. Read more »

PH electronics industry may outpace pre-pandemic growth

ABS-CBN News
Updated as of Nov 24 12:16 PM

The Semiconductor and Electronics Industries in the Philippines Inc (SEIPI) projected that the country's electronics industry could outpace its pre-pandemic level growth this year, an official said Wednesday. Read more »

Nissan triples profit forecast despite chip crunch

Agence France-Presse
Posted at Nov 10 08:30 AM

Nissan tripled its full-year net profit forecast on Tuesday as it rebounded from the impact of the pandemic with a strong quarterly performance, saying it expected to withstand challenges including the chip crunch and rising raw material prices. Read more »

Chip shortage to last through 2022: Semiconductors exec

Agence France-Presse
Updated as of Nov 03 05:35 AM

Britain-based Arm is a designer of computer chips that are used to power many consumer electronics devices. Read more »

Apple cuts iPad production to feed chips to iPhone 13

Reuters
Posted at Nov 02 12:30 PM

Apple Inc has cut back production of iPad tablets to allocate more components to the iPhone 13, a sign the global chip supply crunch is hitting Apple harder than previously indicated, Nikkei said on Tuesday, citing multiple sources. Read more »

Apple results hit by supply chain woes

Stephen Nellis, Reuters
Posted at Oct 29 08:24 AM

Supply chain woes cost Apple Inc $6 billion in sales during the company's fiscal fourth quarter, which missed Wall Street expectations, and Chief Executive Tim Cook said that the impact will be even worse during the current holiday sales quarter. Read more »

Nokia shrugs off chip problems to double profit in Q3

Agence France-Presse
Posted at Oct 28 02:18 PM

Finnish telecoms equipment maker Nokia said Thursday that it was able to double its profits in the third quarter of the current year, despite the worldwide shortage of computer chips. Read more »