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| U.S. economy contracted 3.5% in 2020 |
1/29/2021 |
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For 2020 as a whole, a year when the coronavirus inflicted the worst economic freeze since the end of World War II, the economy contracted 3.5% and clouded the outlook for the coming year. The economic damage followed the eruption of the pandemic 10 months ago and the deep recession it triggered, with tens of millions of Americans left jobless.
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| IC Insights forecast that global IC market will rise 12% |
1/28/2021 |
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Computing has long been the growth engine for the IC industry, but remarkable emerging applications in communication, consumer, automotive and industrial/medical systems are fueling development of new complex, high-speed, and/or low-power ICs, IC Insights said.
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| DDR5 modules to appear in computers by mid-year |
1/28/2021 |
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Motherboard makers have kicked off validation for DDR5 products ahead of schedule, said the sources, adding that DDR5 SO-DIMM modules for use in notebooks and mini PCs are also being validated by the motherboard firms.
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| U.S. durable good order increased |
1/28/2021 |
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The rise in orders for durable goods, items expected to last at least three years, followed much stronger increases of 1.2% November and 1.8% in October, the Commerce Department reported Wednesday.
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| Amazon to add 3000 new jobs |
1/27/2021 |
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The hires announced Tuesday will double the workforce in Amazon's Boston tech hub, with new jobs spread across Alexa, Amazon Web Services, Amazon Robotics, and Amazon Pharmacy.
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| IMF predicts 5.5% economic growth due to availability of Corona vaccine |
1/27/2021 |
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The vaccines should contain the spread of the virus and allow governments around the world to ease lockdowns and encourage a return to normal economic activity. The world economy also got a boost from government stimulus programs late last year in the United States and Japan.
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| Shell Oil quietly gets into EV charging business |
1/26/2021 |
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Shell is buying ubitricity, a major provider of electric vehicle charging points in Europe. Shell said Monday that it would buy a 100 percent stake in the Berlin-based startup, without disclosing the price.
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| Budweiser sits out Super Bowl |
1/26/2021 |
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Instead, Budweiser is donating the money it would have spent on the ad to coronavirus vaccination awareness efforts.
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| Samsung intend to build 3 nm fab in Austin |
1/25/2021 |
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The world’s largest memory chip and smartphone maker is in discussions to locate a facility in Austin, Texas, capable of fabricating chips as advanced as 3 nanometers in the future, people familiar with the matter said.
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| ISM projects Manufacturing Capital Expenditure to to increase by 2.4% |
1/22/2021 |
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Capital expenditures are expected to increase by 2.4 percent in the manufacturing sector (after a 2.4-percent decline in 2020) and increase by 12.7 percent in the services sector. The manufacturing employment base is expected to grow by 2.5 percent following a decline of 2.8 percent in 2019. Growth in the second half (H2) of the year is projected to be stronger than in H1.
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| Jobless claim still high at 900,000 |
1/22/2021 |
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The government said that 5.1 million Americans are continuing to receive state jobless benefits, down from 5.2 million in the previous week. That signals that fewer people who are out of work are finding jobs.
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| 2021 CES focus on Auto Tech |
1/22/2021 |
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The automakers that did present to online audiences focused on more advanced infotainment systems and the continued evolution of electric vehicles, some of which you'll be able to see on dealer lots by this year.
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| MediaTek to use TSMC’s 6-nanometer technology for 5G smartphones |
1/21/2021 |
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Taiwan’s MediaTek appears to be one of the first high-volume customers for the technology and is among a handful of companies with modem technology to connect phones to mobile data networks, competing against Qualcomm Inc and Samsung Electronics Co Ltd.
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