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TAIPEI (Reuters) -Taiwan's TSMC posted record quarterly sales and forecast revenue for the current quarter will jump by at least a fifth, boosted by a pandemic-led surge in global demand for semiconductors that power smartphones, laptops and cars.
FRANKFURT (Reuters) - Volkswagen first-half operating profit is expected to come in at around 11 billion euros ($13 billion), it said on Friday, even surpassing pre-pandemic levels on the back of strong demand in Europe and the United States.
France's automobile industry continues to struggle as the global semiconductors shortage forces the industry to lower production.
There is plenty of scepticism surrounding the technology. While millimetre wave frequencies offer fast speeds and massive bandwidth, they don't travel very far.
BERLIN (Reuters) - Strains in the semiconductor supply chain have worsened in some areas as trends such as remote working combine with an industrial recovery from last year's pandemic slump to drive chip demand, the head of Germany's Infineon said.
An 80-year-old Japanese company specialising in grinders believes it can help manufacturers create slimmer and more powerful semiconductors for next-generation technology.
As the smartphone industry matures and major players explore making their own chips, Qualcomm is diversifying into IoT devices from shopping carts to cameras.
(Reuters) - Germany's southern state of Bavaria is in talks with Intel to build a European chip factory in a bid to counter supply bottlenecks that have hampered production in the automotive sector, the local economy minister said on Friday.
(Corrects to Subaru Corp in paragraph 1, not Subaru Motor)
WASHINGTON (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.