News
SMIC executives continue to leave
Semiconductor Manufacturing International Corp (SMIC) announced that its vice chairman has resigned. This happened less than a year after he took office.
Chan, a former director of research at TSMC, joined SMIC at the end of December. Commenting on his current departure, SMIC announced that he has retired to spend more time with his family.
Chang stepped down from office just two months after SMIC chairman Zhou Zixue also resigned, citing health conditions.
In addition to Chang, three other members have left the board, including co-CEO Liang Mong Song, who warned that he might leave the board back in December last year. According to SMIC, he will remain co-CEO.
The resignation is allegedly not due to any disagreement with the board of directors, and the company does not expect these steps to have a material impact on its operations.
SMIC, China’s largest semiconductor contract manufacturer, supported in part by a dedicated government fund, is at the forefront of China’s efforts to catch up with Japan, South Korea and the United States in semiconductor technology.
The company was recently blacklisted by the United States, having lost the ability to purchase advanced manufacturing equipment that uses American designs. The limitation has thwarted the company’s plans to master advanced manufacturing processes, but SMIC’s financial performance is strong as a global shortage of chips has increased demand for them. SMIC’s third-quarter profit rose 22.6%.
The company yesterday announced the registration of a joint venture for a deal valued at $ 8.87 billion to build a chip factory in Shanghai. The capacity expansion plan was first announced in early September.
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Gaming
The best-selling portable console Steam Deck will become more affordable. Valve more than doubles production
The Steam Deck console will be available in large volumes soon.
Valve has published a message that it is increasing the production of the console, more than doubling it!
It is unclear whether this will be enough to meet demand, since the company initially accepted a lot of orders for the console, and now it is very false to buy it. But such a significant increase in production volumes should have a positive impact on the availability and prices from resellers.
The company also announced that it has just completed deliveries of set-top boxes that were booked in the second quarter, and will begin accepting pre-orders for the third on June 30th. However, delivery on the site is still indicated no earlier than October.
At first there were rumors about this, then AMD officially confirmed everything: the powerful AMD Threadripper 5000WX processors will go on sale and become available to everyone. As it turned out, the CPU is already available in China.
The official start of sales is in July, at the same time the recommended retail prices will be announced. In the meantime, sellers are asking for Threadripper 5000WX much more than what they asked for their predecessors. Thus, the 64-core Threadripper 5995WX is offered for $7,030, while the official cost of the Threadripper 3995WX is $5,850. The 32-core Threadripper 5975WX is priced at $3,590, while its predecessor, the Threadripper 3975WX, is officially listed at $2,750. The Threadripper 5965WX is also available in China for the equivalent of $2,570.
The 16-core 5955WX and the 12-core 5945WX were left behind. Maybe they won’t go to retail at all.
Taiwanese company TSMC will increase the average prices of its services from the beginning of 2023. As expected, from January 2023 they will grow by 6%, although it all depends on specific lithographic technologies. Some of them will rise in price more, some less.
At the moment, the reasons for the rise in price are not reported. However, it is possible that this was influenced by the expected increase in electricity prices. According to Bloomberg, about 22,000 industrial enterprises will buy electricity at a 15% higher price. This will lead to an increase in the cost of the final product.
It is TSMC that manufactures processors for Apple, Qualcomm AMD, Nvidia, and so on. thus, price increases will affect all segments of electronics – smartphones, game consoles, PCs, servers, and so on.
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