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Chip industry needs at least another year to address global shortage: SEIPI

ABS-CBN News
Updated as of Jun 14 04:57 PM

The Semiconductor and Electronics Industries in the Philippines Foundation Inc said chip manufacturers cut down on equipment production last year in anticipation of lower demand with the onset of the pandemic.    Read more »

Drought-hit Taiwan plans more water curbs for chip hubs

Reuters
Posted at May 19 02:59 PM

Taiwan will increase curbs on the use of water from June 1 in the major chip-making hubs of Hsinchu and Taichung in a battle on an islandwide drought, should there be no significant rain by then, the government said on Wednesday. Read more »

Senate Democrat proposes $52 billion for US chips production

David Shepardson, Reuters
Posted at May 19 08:39 AM

US Senate Democratic Leader Chuck Schumer unveiled revised bipartisan legislation late Tuesday to approve $52 billion to significantly boost US semiconductor chip production and research over five years. Read more »

US presses Taiwan to supply more chips to US automakers

David Lawder and David Shepardson, Reuters
Posted at May 05 02:30 PM

The US Commerce Department is pressing Taiwan Semiconductor Manufacturing Co Ltd and other Taiwanese firms to prioritize the needs of US automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said on Tuesday. Read more »

Computer chip shortage may leave auto sector idling

Taimaz Szirniks, Agence France-Presse
Posted at Apr 26 08:24 AM

What was initially downplayed as a brief hiccup in the supply of semiconductors looks more and more like a shortage that may last throughout the year in what would be a big blow to automakers. Read more »

THE DAY IN PHOTOS: April 21, 2021

ABS-CBN News
Posted at Apr 21 11:56 PM

Here are the big stories today in photos. Read more »

Taiwan sees worst drought in decades

Sam Yeh, AFP
Posted at Apr 21 06:48 PM

An aerial view shows a man walking past pink colored salt fields, caused by no rain, in Tainan, Taiwan on Wednesday. Read more »

Tesla temporarily halts production at Model 3 line in California

Reuters
Posted at Feb 25 08:17 PM

Tesla Inc has told workers it will temporarily halt some production at its car assembly plant in California, Bloomberg News reported on Thursday, citing a person familiar with the matter. Read more »

Electronics exporters see 7 pct growth with demand for 'new normal' tech

ABS-CBN News
Posted at Jan 11 04:02 PM

SEIPI said demand for gadgets for distance learning and telecommuting, as well as e-vehicles and medical electronics, will lead the sector to grow 7 percent this year.  Read more »

Electronics industry to shrink at slower pace: SEIPI

Bruce Rodriguez, ABS-CBN News
Posted at Nov 13 06:08 PM

The Philippine electronics industry will shrink at a slower pace this year than initially forecast as the country eases quarantine measures imposed to check the spread of COVID-19.   Read more »

AMD to buy chip peer Xilinx for $35 billion in data center push

Stephen Nellis, Reuters
Posted at Oct 27 09:41 PM

Semiconductor designer Advanced Micro Devices Inc (AMD) said on Tuesday it would buy Xilinx Inc in a $35 billion all-stock deal, intensifying its battle with Intel Corp in the data center chip market.   Read more »

Singapore's economy shrinks at slower pace as virus curbs eased

Agence France-Presse
Posted at Oct 14 10:06 AM

Singapore's coronavirus-hit economy shrank at a slower pace in the third quarter as restrictions were eased, official data showed Wednesday, but the trade-reliant city-state still faces a long road to recovery. Read more »

China chip giant SMIC shares dive on US export controls

Jerome Taylor, Agence France-Presse
Posted at Sep 28 05:39 PM

Shares in China's biggest chip maker tumbled Monday on reports that Washington had imposed export controls on the company, the latest salvo in the battle for technological dominance over Beijing. Read more »

US restricts technology sales to Chinese semiconductor giant

Agence France-Presse
Posted at Sep 27 08:02 AM

Washington has ordered US companies to seek permission before selling their technologies to Chinese semiconductor giant SMIC, its latest salvo in the battle for technological dominance over Beijing, the Wall Street Journal reported Saturday. Read more »

IMI net income declines on global uncertainties

ABS-CBN News
Posted at Aug 01 03:13 PM

Ayala-led semiconductor firm Integrated Microelectronics Inc (IMI) reported lower revenues and net income in the first half amid a slowdown in the global economy and geopolitical issues in its key markets China and the UK. Read more »

Incentives help PH keep, grow foreign investments: electronics manufacturers

ABS-CBN News
Posted at May 20 09:05 AM

The Semiconductor and Electronics Industries in the Philippines Inc is hoping for a dialogue with legislators who won in the mid-term elections Read more »

Ilang negosyante, may takot sa TRABAHO bill

ABS-CBN News
Posted at Sep 12 08:12 PM

Nitong Lunes ay pumasa sa ikatlo at pinal na pagbasa sa Kamara ang TRABAHO bill. May ilang negosyante na nangangamba sa magiging epekto ng panukala kung maisasabatas ito.  Read more »

Electronics manufacturers 'willing to live with' 10 pct income tax

Michelle Ong, ABS-CBN News
Posted at Jun 13 02:35 PM

Electronics manufacturers are "willing to live with" a 10-percent corporate income tax rate instead of 15 percent as proposed by the government under the second tranche of reforms, an industry group said Wednesday. Read more »