Tag: Semiconductor device manufacturing

Ferrari taps European chip-maker executive as new CEO

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MILAN — Luxury sports carmaker Ferrari has tapped Benedetto Vigna, an Italian executive at Europe’s largest semiconductor chipmaker, as its new CEO, the company...

Samsung thrives as Seoul mulls pardon of corporate heir

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SEOUL, South Korea — Pressure is mounting on South Korean President Moon Jae-in to pardon Samsung heir Lee Jae-yong, who is back in prison...

GM profit surges to $2.98B on sales of higher-margin trucks

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Detroit — General Motors’ first-quarter net income surged to $2.98 billion as strong U.S. consumer demand and higher prices offset production cuts brought on...

Chipmaker TSMC says profit up 16.7% as demand revives

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TAIPEI, Taiwan — Taiwan Semiconductor Manufacturing Co., the world’s biggest contract manufacturer of processor chips, said Thursday quarterly profit rose 16.7% over a year...

EXPLAINER: Starving for more chips in a tech-hungry world

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SAN RAMON, Calif. — As the U.S. economy rebounds from its pandemic slump, a vital cog is in short supply: the computer chips that...

Taiwan chip maker TSMC to invest $100B to grow capacity

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TAIPEI, Taiwan — Major Taiwan computer chip maker Taiwan Semiconductor Manufacturing Co. plans to invest $100 billion in the next three years in expanding...

Auto industry braces for more chip shortages after fire

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NEW YORK — A fire at a plant owned by Japanese chipmaker Renesas could deepen the ongoing global semiconductor shortage that has especially hampered...