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Despite speculation circulating recently that Intel is looking to outsource more chip production to TSMC, the CPU vendor has yet to play a meaningful role in the pure-play foundry's efforts for sub-5nm process technology development......»»

China-based suppliers of components and materials for LED packaging have recently hiked quotes by 5-10% to reflect increased production cost, prompting local LED packagers to adjust their prices upward, according to industry sources......»»

Production for Sony's PS5 game consoles is likely to reach 16.8-18 million units in 2021, fueled by additional capacity support from TSMC and backend services firms, according to industry sources......»»

Sacramento-based renewable fuel company Pacific Ethanol Inc. received a $9.9 million loan under the federal government's Paycheck Protection Program to retain employees, after cutting production of fuel ethanol by 60% at the worst part of the pandem.....»»

Though hand sanitizer production has been a big part of the distilling story since the coronavirus outbreak, it's not the only thing going on with local distillers right now......»»

LED packaging service provider Everlight Electronics and vertically-integrated LED firm Opto Tech are fully utilizing production capacities for IR and UV LED devices, according to the companies......»»

TSMC has landed additional InFO (integrated fan-out) packaging orders requiring short lead times from MediaTek's Nephos, according to industry sources......»»

German carmaking giant Volkswagen resumed production at its biggest factory on Monday as part of a broader industry drive to get back to work in Europe, where the coronavirus pandemic has hammered demand and pushed up inventory levels......»»

Part of the massive plant in West Point is being used to make face shields for health care workers......»»

TSMC has disclosed that its 3nm technology development remains on track, with risk production scheduled for 2021 followed by volume production in the second half of 2022......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Oil Plunges As Saudi Deal "Nowhere Near Enough"; Goldman Now Expects WTI To Drop Back To $20 Moments ago, we reported that as part of what is the largest production cut deal in history, b.....»»

Hyundai Motor Co's Czech plant plans to restart on April 14 after a three-week production outage as part of efforts to fight the coronavirus, becoming the first of the three major carmakers in the central European country to resume work......»»

Apart from its leadership in the foundry sector, TSMC has been making a lot of efforts developing packaging technologies with which it can offer value-added services to customers. It has recently seen an "unexpected" rise in orders demanding its.....»»

Tesla told employees on Tuesday the company will furlough all non-essential workers and implement salary cuts as part of a continued shutdown of the company's U.S. production facilties. Gloria Tso reports......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

As part of its ongoing response to the COVID-19 pandemic, Airbus announced on Monday that it will suspend production work at its factory in Mobile, Ala.  The European manufacturer says in a press release that the production pause will being this we.....»»

Samsung and TSMC have been engaged in a fierce race in advancing manufacturing processes, with the Korean foundry aiming to beat its Taiwanese rival to 3nm production. But Samsung may ha.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

American manufacturers say it will be months before they meet demand for high-quality masks, part of a broader breakdown in the effort to supply enough protective gear and lifesaving equipment to fight the coronavirus pandemic......»»