china semiconductors

Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides

11Nov

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Technology

Chip Delivery Times Shrank Rapidly in October as Supply Crunch Subsides

[ad_1] Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly. Chip delivery times shrank by six days in October, the biggest drop since 2016, adding evidence that demand for electronic components is falling off quickly. Lead times -- the gap between when a chip is ordered and when it is delivered -- averaged 25.5 weeks in the period, according to research by Susquehanna Financial Group. All major product areas are now available more quickly than they were and 70% of the companies surveyed by Susquehanna say they're able to supply chips more swiftly, analyst Christopher Rolland said in a research note. A swath of companies across the $580 billion industry have told investors th...

China Top Chipmaker Misses Earnings Estimates as Sanctions Bite

[ad_1] Semiconductor Manufacturing International Corp.’s earnings missed projections, reflecting a global pullback in spending on devices and computers. Semiconductor Manufacturing International Corp.'s earnings missed projections, reflecting a global pullback in spending on devices and computers. China's largest chipmaker reported $470.8 million in net income for the third quarter, up 47% from a year earlier, versus the $489.7 million average estimate. Revenue of $1.91 billion also trailed the forecast for $1.93 billion. The results underscore how SMIC is succumbing to US sanctions that've cut it off from critical American technology just as the market is slowing sharply. Washington in October enacted its most sweeping restrictions yet to try and counter China's technological ...

Apple drops plan to use chips from China’s Yangtze Memory Technologies: Report

[ad_1] Apple has shelved plans to use memory chips from China's Yangtze Memory Technologies Co (YMTC) in its products. Apple has shelved plans to use memory chips from China's Yangtze Memory Technologies Co (YMTC) in its products, Japanese newspaper Nikkei Asia reported citing multiple sources. Before the US introduced its fresh export control list this month, the report said that the American multinational technology company had already completed the process to certify YMTC's 128-layer 3D NAND flash memory for use in iPhones. According to Nikkei Asia, NAND flash memory is a key component found in all electronic devices from smartphones and personal computers to servers. These Chinese chips are by far the most advanced produced by the chipmaker. Though YMTC chips are cheaper th...