Biden presses Congress to pass $52 bln semiconductor subsidies

Biden presses Congress to pass $52 bln semiconductor subsidies

President Joe Biden on Monday pushed Congress to pass a bill providing domestic semiconductor manufacturers with $52 billion in subsidies to cut reliance on foreign sourcing for the vital component.
Intel taps factory network to overcome substrate shortages

Intel taps factory network to overcome substrate shortages

On May 27, Intel recognised the contributions of its Vietnam site in alleviating constraints in the global semiconductor supply chain.
Vingroup offers incentive for semiconductor manufacturers

Vingroup offers incentive for semiconductor manufacturers

Vingroup is willing to offer incentives for semiconductor manufacturers who invest in Vietnam to produce chips for vehicles.
Customer satisfaction wavers with inflated vehicle prices

Customer satisfaction wavers with inflated vehicle prices

Inadequate inventories as a result of the ongoing global semiconductor shortage are leading to car dealers in Vietnam attempting to force thousands of US dollars worth of extras onto potential customers, much to their chagrin.
GM, Ford see semiconductor shortage lasting into 2022

GM, Ford see semiconductor shortage lasting into 2022

General Motors and Ford reported lower profits Wednesday as a global semiconductor crunch dented sales, prompting both US auto giants to caution that shortages would persist into 2022.
Vietnam's semiconductor market to grow by $6.16 billion

Vietnam's semiconductor market to grow by $6.16 billion

Vietnam's semiconductor market is forecast to grow by $6.16 billion during 2020-2024, rising almost 19 per cent a year, according to market research firm Technavio.
Semiconductor crisis forces top-level action

Semiconductor crisis forces top-level action

The global shortage of semiconductors is not letting up, with governments and multinationals scrambling to resolve the situation sooner rather than later.
Vietnam's semiconductors market to grow by $6.16 billion in next five years

Vietnam's semiconductors market to grow by $6.16 billion in next five years

The semiconductors market in Vietnam is forecast to grow by $6.16 billion during 2020-2024, according to global technology research and advisory firm Technavio.