Tag Archives: Chips

German of the day: Auf Eis legen

September 17, 2024 By in Hard Facts, Heconomy, Helplessness Tags: , , , , , , Leave a comment

That means to put on ice. As in put on hold.

Intel postpones construction of chip factory in Magdeburg – Haseloff against abandonment of the project.

The chip company Intel has put its plans to build a factory in Magdeburg on hold. According to company boss Gelsinger, construction will probably be delayed by two years due to cost-cutting measures. A total of 3,000 direct jobs were to be created on Magdeburg’s Eulenberg. Saxony-Anhalt’s state government assures that the semiconductor plant will nevertheless go ahead.

Or not.

Not so quiet on the Western Front

August 21, 2024 By in Hard Facts, Heconomy, Home Cooking Tags: , , , , , , , , , , , Leave a comment

The Chip War Western Front.

EU approves German state aid for $11 billion TSMC chip plant – Taiwan’s TSMC (2330.TW), opens new tab on Tuesday launched a major new computer chip plant in Dresden, Germany, expected to be a key supplier to European industry and carmakers after the EU Commission approved 5 billion euros ($5.5 billion) worth of state aid.

The large aid award for the project, which will cost 10 billion in all, is the biggest approved so far under the EU Chips Act, and the first in Germany.

It is also the first project in Europe under TSMC, the world’s largest contract chipmaker, and is expected to improve Europe’s resiliency if a chip shortage of the type experienced during the COVID pandemic happens again.

Germany first to figure out what’s going on with Chinese 5G components

July 19, 2024 By in Hard Facts, Helplessness, Hideology, Home Cooking Tags: , , , , , , , , , , Leave a comment

If you start counting at the end of the line.

Why Chinese technology set off alarm bells in Germany – Even as the German government moves to bar components made by China’s Huawei and ZTE from core parts of the country’s 5G networks, some German companies are looking to work with Chinese firms in other critical areas…

The ban comes as Chinese technology firms are increasingly viewed with suspicions for their allegedly too close ties to the government in Beijing. Especially Beijing’s drive to make companies like Huawei and ZTE world leaders in high-tech sectors makes Western governments wary of giving them too much influence on their national infrastructures.

Spies and saboteurs?

May 19, 2024 By in Hard Facts, Helplessness, Hi-tech, Hideology, Home Cooking Tags: , , , , , , , , , Leave a comment

The Chinese? No way.

Communist governments would never do that kind of thing. They just aren’t those kind of people.

Germany could ban China’s Huawei, ZTE from parts of 5G networks – Germany is considering banning certain components from Chinese companies Huawei and ZTE in its telecoms networks, a government source said, in a potentially significant move to address security concerns.

“This is a sign that the German government may finally be taking China-related risks to national security seriously. But after years of dithering, the German 5G network is deeply dependent on Chinese suppliers. It will take many years to unwind this.”

Is Germany Finally Waking Up?

November 9, 2022 By in Hard Facts, Heconomy, Helplessness Tags: , , , , , , Leave a comment

Probably not. But still. It’s starting to roll around a little in its sleep.

German economy ministry favours blocking Chinese takeover of Elmos’ chip production – Germany’s economy ministry has recommended to the cabinet that the government block the Chinese takeover of Elmos’ (ELGG.DE) chip factory, saying it would pose a threat to national security, ministry sources said on Tuesday.

American Big Tech Companies Bad

March 16, 2022 By in Hard Facts, Heconomy, Helplessness, Hypocrisy Tags: , , , , , Leave a comment

Unless, of course, they create jobs in Germany.

Intel plans to build a $19 billion chip plant in Germany – Intel has confirmed plans to build a semiconductor plant in Germany as part of an investment of up to €80 billion ($88 billion) in Europe over the next decade. The initial outlay for the facility in Magdeburg, the capital of Saxony-Anhalt, is €17 billion ($19 billion).