South Korea said Wednesday it would build the world’s largest chip centre using $230 billion of private investment mostly from Samsung Electronics, as it seeks an edge in the global industry. The plan is part of the South Korean government’s drive to invest heavily in six key technologies, including chips, …
Read More »Nvidia seeks EU approval for Arm deal, decision due Oct. 13
Nvidia on Wednesday sought EU antitrust approval of its $54 billion takeovers of British chip designer Arm, according to a European Commission filing, with regulators likely to echo worries similar to those voiced by the UK watchdog last month. The world’s biggest maker of graphics and AI chips announced the …
Read More »Hyundai Motor Group chases local chipmakers to cut exposure to shortage
Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters. Hyundai officials have met with local “fabless” firms – …
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