Tag Archives: Semiconductor (NEC) (TRBC level 5)

Apple and TSMC collaborate to develop micro OLED displays for AR devices | Instant News


File picture: April 24, 2020, in Hangzhou, Zhejiang Province, China. With the launch of the new iPhone SE, people saw people wearing masks after the coronavirus disease (COVID-19) outbreak in the Apple Store. “China Daily” passed REUTERS

(Reuters)-According to a report from Nikkei Asia on Wednesday, Apple has partnered with Taiwan’s semiconductor manufacturing company to develop micro-OLED displays and plans to use them for upcoming augmented reality (AR) devices.

According to the report, Apple is cooperating with Taiwan Semiconductor Manufacturing Company (TSMC), the sole supplier of iPhone processors, because micro OLED displays are thinner, smaller and consume less power, making them more suitable for wearable AR devices.

Nikkei added that the size of the display being developed is less than 1 inch.

Bloomberg reported in January that Apple is still developing basic technology for its AR glasses code-named N421. The source quoted the source as saying that this product has been around for several years, but added that Apple’s previous goal was to launch it as early as 2023. (bloom.bg/36XWuj9)

According to Nikkei, the micro OLED project in cooperation with TSMC is currently in the trial production stage, and it will take several years to achieve mass production.

Neither Apple nor TSMC immediately responded to Reuters’ request for comment.

Reporting by Arghyadeep Dutta and Shubham Kalia in Bangalore; Editing by Devika Syamnath

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GlobalWafers secures control over German Siltronic | Instant News


BERLIN (Reuters) – GlobalWafers said on Tuesday that its bid for Germany’s Siltronic had been successful, having secured control of a required majority stake with an offer of 4.35 billion euros ($ 5.3 billion).

The Taiwanese firm said it now controls a 50.8% stake in Siltronic, clearing a reduced threshold for control under a better takeover offer made on January 25 that expires on Wednesday.

Separately, the Federal Cartel Office, Germany’s antitrust watchdog, said it had no objections to a deal to make the world’s second-largest silicon wafer maker after Japan’s Shin-Etsu.

Reporting by Douglas Busvine; Edited by Caroline Copley

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Germany predicts chip investment of up to 50 billion euros in Europe | Instant News


BERLIN, Feb. 3 (Reuters) – European countries plan to support local production of technology hardware with targeted assistance that will fuel an overall investment of up to 50 billion euros ($ 60 billion), Germany said on Wednesday.

Germany, France and 17 other EU countries agreed to join forces to invest in semiconductor processors and technology, key to internet-connected devices and data processing in a bid to catch up with the United States and Asia.

Europe’s 440 billion euro global semiconductor market share is around 10%, with the EU currently relying on chips made overseas. Such reliance on chips and other products has been in the spotlight during the COVID-19 pandemic.

Automakers around the world are currently closing assembly lines due to a shortage of semiconductor chips.

German Economy Minister Peter Altmaier said during a virtual panel discussion with his French counterpart, Bruno Le Maire, he expects the European project, also known as the Important European Common Interest Project (IPCEI), to spark overall investment in the chip industry of up to 50 billion euros.

“I assume that in all the countries that are ready to take part in this IPCEI … that we will obviously collect a double digit billions of euros – and not in the lower range but in the middle range,” Altmaier said.

“If in the end it will be 50 billion euros or if it will go further towards 20 billion euros, that’s beyond my estimation because I don’t know how this decision will develop in other countries like Italy, Spain, Denmark or the Netherlands.”

Altmaier estimates that companies will account for between 60-80% of total investment, with state subsidies from EU member states ranging from 20-40% of the final amount.

A spokesman for chipmaker Infineon Technologies welcomed Altmaier’s push to expand the state aid scheme from chips to microelectronics.

The European Commission and member states must act quickly now as the plan can make a significant contribution to enhancing European competitiveness and geopolitical resilience, the spokesman added. ($ 1 = 0.8317 euros) (Reporting by Michael Nienaber; Additional reporting by Douglas Busvine; Editing by Andrea Ricci)

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Analysis: Sovereign wealth, giant public pension caught in the US-China technology battle | Instant News


LONDON (Reuters) – Some of the world’s largest sovereign wealth funds and public pension funds are caught in rising technology-related tensions between the United States and China, according to a Reuters analysis of their archival data and public disclosures.

FILE PHOTO: General view of the Norwegian central bank, where the Norwegian sovereign wealth fund is located, in Oslo, Norway, 6 March 2018. REUTERS / Gwladys Fouche / File Photo

These range from the sovereign wealth funds of Norway and Singapore to the Swiss central bank and the US $ 1.1 trillion TIAA, which was founded more than a century ago by Andrew Carnegie as the American Teacher Insurance and Annuity Association.

US investors are barred from owning stakes in more than 40 Chinese companies seen as having military ties in a series of moves since November as US President Donald Trump seeks to strengthen his hardline policies toward Beijing.

That prompted Nuveen’s TIAA unit to sell stakes in blacklisted companies including China Telecom, China Mobile and China Unicom, as well as microchip giant SMIC, state oil company CNOOC and cellphone and gadget maker Xiaomi.

Other US public pension funds are expected to follow.

CalPERS, the largest fund, holds Hong Kong-listed ‘H’ shares in several companies, including a 1.1% stake in China Telecom and 0.2% of China Mobile and China Unicom respectively, according to Refinitiv data. CalPERS, which has been criticized by Republican politicians for its investment in China, did not respond to a request for comment.

Florida State Administration, which manages $ 200 billion in assets and has small stakes in China Telecom, China Mobile and Xiaomi, according to Refinitiv data, told Reuters it would comply with the ban.

“Those sanctions really bite US institutions,” said Elliot Hentov, head of policy research at State Street Global Advisors.

And the ripples aren’t just felt in the United States.

A number of sovereign wealth funds (SWF) have been affected as the New York Stock Exchange and index providers MSCI, S&P Dow Jones, and FTSE Russell have removed blacklisted companies from the benchmark, causing some share prices to drop more than 20%.

Norway’s $ 1.3 trillion SWF, the world’s largest, owns a 0.2% -0.6% stake in China Telecom, China Mobile, Xiaomi, CNOOC and China Unicom Hong Kong as part of its $ 35 billion Chinese equity portfolio. more broadly, according to the most recent disclosure running through early 2020. It said it would not comment on specific holdings.

Singapore’s GIC, which is referred to as an “independent country investor”, owns 10% of Hong Kong-listed China Telecom’s ‘H’ shares and owns about 1.4% of mainland’s SMIC, A- and H-shares, Reuters calculations based on stock exchange filings shows. GIC declined to comment.

Other holders are the Canadian pension fund Caisse de Depot et Placement du Quebec (CDPQ), British Columbia Investment Management, CPP Investment Board, PGGM Vermogensbeheer, an independent pension fund based in the Netherlands and APG Asset Management.

Non-US investors are not legally obliged to make any changes and many will see the value of their Chinese investment soar in recent years.

China’s equity market is at a 13-year high and the market capitalization of a major technology index has doubled from two years ago.

“We view our investment in China – an important country in the global economy – with a long-term perspective,” CDPQ told Reuters, declining to comment on specific investments.

Graph: Increased Chinese equity investment from the Norwegian sovereign wealth fund –

GAME WEIGHT

While China’s increasing weight in global markets is driving state funds to hold onto a larger Chinese portfolio, recent cyber espionage bans and claims of 5G company Huawei and the social media dance craze app TikTok show how technology is now a major geopolitical battleground. .

With no indication of a new approach by US President Joe Biden, China Telecom, China Mobile, Xiaomi and CNOOC shares have fallen between 12% and 22% since being blacklisted in November or this month.

SMIC has bucked the trend with double digit gains.

“Some of the shares that are being released may be taken from owners of bargain-hunting assets outside the US,” said Winston Ma, a former managing director of the sovereign wealth fund China Investment Corp. “However, it may be difficult for them to absorb all of them.”

Graph: Gains mixed for Chinese companies amid blacklist uncertainty –

It wasn’t just Washington’s actions that caused trouble.

Beijing shocked markets in November when it suspended Ant Group’s $ 37 billion IPO plan by a few days and just as the Trump administration pushed through with its ban.

Alibaba, which owns a third of Ant, saw its market value shrink by more than a quarter. These are the top 10 global stocks and are widely held by government funds and pension funds.

US Stock Exchange Commission data sec.report/CIK/0001582202 suggests the Swiss central bank has doubled Alibaba’s stake in the past two years to $ 1.4 billion from the company’s $ 650 billion stake in September.

The November fall will remove about $ 350 million from that holdings. Alibaba shares recovered nearly half of their January losses after escaping a US blacklist.

Graph: Ownership of China Mobile by sovereign wealth funds, pension funds –

Graph: Ownership of Xiaomi Corp by sovereign wealth funds, pension funds –

Graph: Ownership of China Telecom Corp by sovereign wealth funds, pension funds –

Additional reporting by Terje Solsvik in Oslo, Brenda Goh in Shanghai, Anshuman Daga in Singapore, Maiya Keidan in Toronto and John Revill in Zurich; Edited by Catherine Evans

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Germany urged Taiwan to help reduce the shortage of car chips | Instant News


BERLIN / TAIPEI (Reuters) – Germany has asked Taiwan to persuade a Taiwanese producer to help alleviate a semiconductor chip shortage in the auto sector that is hindering its fledgling economic recovery from the COVID-19 pandemic.

FILE PHOTO: A car body is moved on a production line at the Volkswagen plant in Wolfsburg, Germany March 1, 2019.Image taken March 1, 2019. REUTERS / Fabian Bimmer / File Photo

Automakers around the world are closing assembly lines because of problems in semiconductor deliveries, which in some cases have been exacerbated by the former Trump administration’s actions against China’s main chip factory.

The shortage has affected Volkswagen VOWG_p.DE, Ford Motor Co FN, Subaru Corp 7270.T, Toyota Motor Corp 7203.T, Nissan Motor Co Ltd 7201.T, Fiat Chrysler Automobiles and other automakers.

In a letter seen by Reuters on Sunday, German Economy Minister Peter Altmaier asked his Taiwanese counterpart Wang Mei-hua to address the issue in talks with Taiwan Semiconductor Manufacturing Co Ltd (TSMC) 2330.TW, the world’s largest contract chip maker and one of Germany’s main suppliers.

“I would be delighted if you could address this issue and underline the importance of additional semiconductor capacity for the German auto industry to TSMC,” Altmaier wrote.

Altmaier said the goal is to enable additional capacity and semiconductor delivery in the short and medium term.

The German auto industry is already in direct talks with TSMC about hiking deliveries and there are “very constructive” signals from TSMC to solve the problem, he wrote.

A spokesman for the German economy ministry said it was monitoring the situation very closely and was in talks on issues with the auto industry.

DIGITAL MEDICINE

To reduce dependence on Asian suppliers and avoid similar problems in the future, Berlin now plans to increase state support to increase its semiconductor production capacity in Germany and Europe, the spokesman added.

Taiwan’s Ministry of Economic Affairs said it had received a request via diplomatic channels to help ease a chip shortage for the auto sector despite not knowing Altmaier’s letter.

It said it had started talks with domestic chip suppliers in response to requests from other countries and asked them to “provide full assistance”.

“The supply and demand-related situation is also closely linked to the automotive chip factory’s plans to reduce supplies during the low season,” the ministry said.

TSMC, in a statement, said the chip shortage problem for auto companies was very important to them.

“This is our top priority, and TSMC is working closely with our automotive customers to resolve capacity support issues,” he said.

Reporting by Michael Nienaber at BERLIN and Jeanny Kao and Ben Blanchard at TAIPEI; Edited by Tom Hogue and Raissa Kasolowsky

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