Feeds

Taiwan suffers chip catastrophe

Fifteen billion dollar plan on ice

  • alert
  • submit to reddit

Internet Security Threat Report 2014

UMC has said it is going to put a stop to a massive investment it was going to make because of the oversupply problem in the chip industry. The foundry was going to spend nearly $15 billion to build state of the art fabrication plants but has pulled the plug on the project. Earlier this year, The Register reported that Taiwan was suffering more than most from the problem with semiconductors. See Taiwan suffers from memory glut. At the Computex Trade Show in June, executives from different top Taiwanese companies stepped up to different platforms to say things were not working out as planned. Semiconductors was the major complaint of most, whether LCDs, IC support chips, and DRAMs. Earlier this year we reported exclusively on that oversupply situation. UMC’s decision will have been modified by the state of affairs on the island, which is not only afflicted by the general Asian malaise, but also by uncertainty as to its future, given US president Bill Clinton’s assertion that Taiwan should be part of Red China. Two weeks ago we reported that a Chinese consortium was in talks to acquire Siemens’ doomed state of the art fab in the North East of England. That now seems increasingly unlikely. ®

Top 5 reasons to deploy VMware with Tegile

More from The Register

next story
Bono apologises for iTunes album dump
Megalomania, generosity and FEAR of irrelevance drove group to Apple deal
Facebook, Apple: LADIES! Why not FREEZE your EGGS? It's on the company!
No biological clockwatching when you work in Silicon Valley
Doctor Who's Flatline: Cool monsters, yes, but utterly limp subplots
We know what the Doctor does, stop going on about it already
Arab States make play for greater government control of the internet
Nerds told to get lost in last-minute power grab bid at UN meeting
Apple SILENCES Bose, YANKS headphones from stores
The, er, Beats go on after noise-cancelling spat
Zippy one-liners, broken promises: Doctor Who on the Orient Express
Series finally hits stride, but Clara's U-turn is baffling
Don't bother telling people if you lose their data, say Euro bods
You read that right – with the proviso that it's encrypted
10 Top Tips For PRs Considering Whether To Phone The Register
You'll Read These And LOL Even Though They're Serious
prev story

Whitepapers

Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
Win a year’s supply of chocolate
There is no techie angle to this competition so we're not going to pretend there is, but everyone loves chocolate so who cares.
Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.