Seagate has agreed to pay $300 million for shipping hard drives to Huawei, in violation of US export laws.
TSMC Calls US Semiconductor Terms ‘Unacceptable’
TSMC is pushing back on some of the terms in the US Chips Act, calling them “unacceptable” and vowing to continue discussions.
Mac Shipments Plummet 40% Amid Industry Downturn
Apple’s Mac shipments have plummeted 40% in one of the clearest signs yet that the pandemic-fueled heyday is over.
Samsung Slashing Production As It Faces Worst Profits in a Decade
Samsung is facing a significant drop in profits, the biggest in a decade, prompting the company to cut production.
AMD Continues to Chip Away at Intel’s Server Dominance
AMD is continuing to make inroad against Intel in the server market, chipping away (pun intended) at the latter’s lead.
The Chip Shortage Is Now a Chip Glut
The semiconductor industry has swung from one extreme to another, going from a shortage to a glut as consumer demand changes.
Foxconn Issues Accelerate Apple’s Plans to Diversify iPhone Production
Apple is stepping up its plans to diversify its iPhone production, moving more manufacturing out of China.
Intel CEO Calls China Sanctions ‘Inevitable,’ Says Supply Chain Must Rebalance
Intel CEO Pat Gelsinger has weighed in on US restrictions on China’s semiconductor industry, calling the measures “inevitable.”
SolarWinds Is in Trouble With the SEC Over Supply Chain Attack
SolarWinds is facing monetary and enforcement consequences as a result of its supply chain attack in 2020.
Workers at Amazon’s Largest Air Hub, in Northern KY, Push for Unionization
Amazon’s unionization woes are increasing, with workers at the company’s largest air hub pushing to organize.