Qualcomm Acquires NXP, Apple’s NFC Chipset Supplier, for $47 Billion

The world of chips manufacturers has just got smaller as one big whale is about to swallow a smaller fish. The biggest chipset maker in the smartphone industry, Qualcomm, has just announced that it has reached a definitive agreement to acquire NXP, a leader in semiconductor electronics. NXP offers a lot of semiconductor solutions for

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Semiconductor daily news

Global chip sales from Chinese companies are on the rise, largely due to increasing U.S.-China tensions and a whole-of-nation effort to advance China’s chip sector, including government subsidies, procurement preferences, and other preferential policies. Just five years ago, China’s semiconductor device sales were $13 billion, accounting for only 3.8% of global chip sales. In 2020,

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Semiconductor chip shortage challenges several industries

HOUSTON – A nationwide semiconductor chip shortage is putting several industries in a tough spot.   Patricia Maddux owns Experimax Computer Repair. She says the chip shortage is making it hard to keep her customers happy. She described one customer’s current experience.  “He’s not getting any power to his computer. So, it won’t be able to operate for him until that

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SMIC listing seeks billions to fund chip autonomy push

China is set for its biggest stock sale in a decade when homegrown chipmaker Semiconductor Manufacturing International (SMIC) debuts on Shanghai’s Nasdaq-style STAR Market at the end of this month. Backed by heavy subscriptions by mainland investors, the Hong Kong-listed company could raise as much as RMB 53.2 billion (around $7.6 billion) in a secondary

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