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- Here are some recent news about the semiconductor industry:
- Global semiconductor industry sales totaled $43.2 billion during the month of July 2023, an increase of 2.3% compared to the June 2023 total of $42.2 billion but 11.8% less than the July 2022 total of $49.0 billion1.
- MediaTek has successfully developed its first chip using TSMC’s leading-edge 3nm process, set for volume production in 20242.
- The US has instituted the widest restrictions ever on what chips can be sold to China and who can work for Chinese companies. At the same time, it has targeted the supply side of the chip industry, introducing generous federal subsidies to attract manufacturing back to the US34.
- The 2023 global semiconductor market is being challenged by negative factors like a struggling economy and weak demand from the Chinese market. It's reported that the semiconductor industry is experiencing its most significant downturn in 11 years5.
Learn more:✕This summary was generated using AI based on multiple online sources. To view the original source information, use the "Learn more" links.Worldwide chip sales down 11.8% year-to-year WASHINGTON—Sept. 6, 2023—The Semiconductor Industry Association (SIA) today announced global semiconductor industry sales totaled $43.2 billion during the month of July 2023, an increase of 2.3% compared to the June 2023 total of $42.2 billion but 11.8% less than the July 2022 total of $49.0 billion.www.semiconductors.org/news-events/latest-newsMediaTek Develops First Chip Using TSMC's 3nm Process, Set for Volume Production in 2024 MediaTek and TSMC today announced that MediaTek has successfully developed its first chip using TSMC’s leading-edge 3nm… September 6, 2023 Intel Foundry Services and Tower Semiconductor Announce New US Foundry Agreementcircuitdigest.com/newsIn recent months, the US has instituted the widest restrictions ever on what chips can be sold to China and who can work for Chinese companies. At the same time, it has targeted the supply side of the chip industry, introducing generous federal subsidies to attract manufacturing back to the US.www.technologyreview.com/2023/01/03/1065959/w…A year after President Joe Biden signed the CHIPS and Science Act into law, the U.S. semiconductor industry is still waiting on the windfall. “We will start to give out the money later this year,” said Secretary of Commerce Gina Raimondo. “We’re pushing the team to go fast, but even more important, to get it right.”www.cnbc.com/2023/08/09/chips-act-semiconduct…Affected by negative factors like a struggling economy and weak demand from the Chinese market, the 2023 global semiconductor market is being challenged. It's reported that the semiconductor industry is experiencing its most significant downturn in 11 years.www.digitimes.com/topic/semiconductors/ - People also ask
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