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CHIPS Act

Ex-Samsung Exec Indicted for Industrial Espionage in International Incident

June 13, 2023 by Ted Leave a Comment

Samsung Semiconductors website

A former high-level Samsung Electronics executive was indicted on Monday for industrial espionage as it is alleged that he stole trade secrets in the form of blueprints and designs for an advanced Samsung chipmaking factory in order to create an identical one in China. South Korean prosecutors say the executive’s actions jeopardized national economic security, according to a report by the Reuters News Agency.

See more on this surprising Samsung news

[Read more…] about Ex-Samsung Exec Indicted for Industrial Espionage in International Incident

Filed Under: Asian Connection, Crime, Law, Manufacturers, News, Technology Tagged With: CHIPS Act, Samsung

Senate Finally Takes Action on CHIPS Act, Setting the Stage for Its Passage

July 20, 2022 by Ted 1 Comment

Photo of semiconductors or chips, the Senate finally takes action
[Photo: REUTERS/Florence Lo/Illustration]

More than a year after its initial introduction, and in the wake of chip manufacturers threatening to scale back their U.S. projects, the United States Senate finally took action on Tuesday to move forward on the bill known as the CHIPS Act. After months of at times heavy discussion/arguing, the stage is set for both the House of Representatives and the Senate to vote on its passage, perhaps as early as next week.

See more on this development with the CHIPS Act

[Read more…] about Senate Finally Takes Action on CHIPS Act, Setting the Stage for Its Passage

Filed Under: construction, Industry Trends, Manufacturers, News, Strategy, supply chain, Technology Tagged With: chip shortage, CHIPS Act, Congress, House of Representatives, Intel, Senate, Texas Instruments

Chip Makers Threaten to Scale Back U.S. Plans Citing Inaction by Congress

July 6, 2022 by Ted 2 Comments

President Biden meets with industry leaders and chip makers
President Biden meets with business leaders to discuss building semiconductor production in the U.S. [Photo: AP]

Major American and Asian chip makers warned this week that they may scale back their planned investments in building U.S. semiconductor production if Congress doesn’t finally move forward and pass the CHIPS Act. The CHIPS Act is legislation the administration seeks to build up a more robust U.S.-based semiconductor supply chain.

Learn more on chip makers pulling back on U.S. fab projects

[Read more…] about Chip Makers Threaten to Scale Back U.S. Plans Citing Inaction by Congress

Filed Under: Asian Connection, Gov't/Politics, Manufacturers, News, supply chain, Technology Tagged With: CHIPS Act, GlobalFoundaries, GlobalWafers, Intel, President Joseph R. Biden, Samsung, semiconductors, TSMC

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Ted Green Bio

A former dealer, manufacturer, distributor & more. Focusing on business strategy, my goal is to help you make better decisions for greater success.

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