IBM said the new 2-nm chip technology is projected to achieve 45-percent higher performance, or 75 percent lower energy use, than today's most advanced 7-nm node chips.
Semiconductor giant Intel is apparently making major shifts in its strategy, and will soon be churning out computer chips for global companies, in addition to its own requirements.
The Semiconductor and Electronics Industries in the Philippines Foundation Inc. (SEIPI) has revised slightly upwards its industry growth outlook for this year but is still in negative territory to reflect the impact of the Covid-19 pandemic.
Integrated Micro-Electronics Inc. (IMI) booked $476 million in revenues in the first half of 2020 as plant shutdowns in various operating regions significantly affected financial results.
Conditions in the global semiconductor market have deteriorated rapidly since the start of the year, with research firm IHS Markit slashing its 2019 growth outlook by more than 10 percentage points.