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U.S. Announces Samsung Electronics Incentives for Semiconductor Production

Supply Chain Matters

The aim is the ability to support the strategic supply needs in domestic based aerospace and defense, artificial intelligence and automotive supply networks. Reportedly, Samsung is planning to have the two fabrication facilities to be operational in 2026 and 2027. Under the provisions of the U.S.

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Emerging Lithium Battery Titans

QAD

The automotive market is trading in the internal combustion engine (ICE) for battery-powered electric vehicles. The new demand for high-power, low-cost batteries has sparked interest in the tech sector, causing a dramatic entrance of newcomers to the automotive market. Market Drivers for the Automotive Battery.

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Effect of Working With CNC Machines on your Supply Chain

SCMDOJO

Transparency Market Research’s massive study on CNC machining revealed that the global CNC router market will grow significantly from 2019-to 2027. This is because of the part to the high demand for CNC technology from China, India, and Japan for automotive and industrial parts. What does the Research Say?

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One Year Later: COVID’s Long-lasting Impact on the Auto Industry

QAD

In an industry already at the mercy of major disruptions, COVID-19 caused even more shake-ups for automotive companies, impacting everything from supply chain and operations to capital spending, loans and long-term strategies. Here are some of the ways the pandemic has directly and indirectly impacted the auto industry’s long-term projection.

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TSMC Plans for First European Based Semiconductor Chip Plant

Supply Chain Matters

ESMC reportedly aims to begin construction of the fab in the second half of 2024 with production targeted to begin by the end of 2027, four years from now. The planned facility is expected to have a monthly production capacity of 40,000 300mm (12-inch) wafers and create upwards of 2,000 direct high-tech professional jobs.

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Supply Chain Matters News Capsule Update September 18 2023

Supply Chain Matters

Plans reportedly call for the facility to be operational by 2027. That includes rescinded job offers, the subleasing of existing office space among several cities as well as other actions to lower the company’s overall cost base. Thomas, Ontario , upwards of a two hour drive from Detroit.

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Trends and Predictions 2020: Artificial Intelligence

Enterra Insights

Paul Pilotte ( @ppilotte ) and Bruce Tannenbaum, marketing managers at MathWorks, report, “MathWorks predicts that 2020 will see artificial intelligence play an increasingly visible role in a wide range of industries from industrial automation and medical devices to automotive and aerospace.”[2] ” Trans-human augmentation.