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To combat rising inflation which is at its highest peak in 40 years, the Federal Reserve has indicated that interest rate increases are inevitable. Indeed, according to Federal Reserve Chairman Jerome Powell has announced that short-term interest rates will rise in March for the first time in four years. “The Fed uses interest rates as…
Toshiba Announces New 300-Millimeter Wafer Fabrication Facility In a new announcement, Toshiba has unveiled plans to construct a new 300-millimeter wafer fabrication facility for power semiconductors. The facility will be located at its main discrete semiconductor based in Ishikawa Prefecture. According to the report, construction will be a two-phase process: Phase 1 will run through…
A global semiconductor shortage has done little to deter automakers like General Motors from embracing an electric future. Despite the automotive industry’s ongoing issues acquiring sufficient quantities of electronic components and semiconductors to meet vehicle production schedules, General Motors (GM) has made several moves in recent months to prepare for an organizational-wide transition to electric…
In the wake of several recent issues in the global electronic component and semiconductor supply chain, the U.S. government is taking direct action. On Dec. 1, 2021, the U.S. Commerce Department has announced the establishment of a high-level committee that will advise the U.S. government on topics such as microelectronics research, development, manufacturing, and policy.…
When the COVID-19 vaccines were released in early 2022, many predicted that by the end of the year normalcy would have returned to the global economy — and by extension the global supply chain. This has not been the case. In fact, as the economy gradually opens back up, disruptions within the supply chains appear…
