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Flag of USA and China on a processor, CPU or GPU microchip on a motherboard. US companies have become the latest collateral damage in US - China tech war. US limits, restricts AI chips sales to China.

William_Potter

Investment Thesis

In an earlier article, we explored the semiconductor market outlook, why a slowdown is expected following the massive CapEx increase, and why Intel Corporation (INTC) has probably reached a bottom. In today's analysis, we dive into Taiwan Semiconductor Manufacturing Company Limited (NYSE:TSM), which remains a strong buy for the long term despite the geopolitical uncertainties that seem to subside, at least for now. However, investors should expect a semiconductor inventory adjustment in the first half of 2023, which might create additional attractive entry points for TSM.

Chip Wars & Tech Hegemony

In the past, the US and the EU used to be the dominant players and key production suppliers in the semiconductor industry. However, from 1990 onwards, there was a consistent shrinkage in its dominance, and we saw the rise of Asia. Fast forward to 2020, Taiwan, South Korea, Japan, and China account for 73% of global manufacturing, with the projections favoring China over the following years. The Semiconductor Industry Association expects China to surpass Taiwan by 2030 with a 24% market share, supported by its "Made in China 2025" initiative.

Chip wars, semiconductors, technological hegemony, hegemony, Intel, Nvidia, TSMC, Taiwan, China-US war, chip production

statista.com

We have recently seen rising China-Taiwan tensions and concerns about a China invasion of Taiwan. A study by the "The US Army War College Quarterly" mentions that China threatens to destroy TSMC's manufacturing facilities. Moreover, the study also notes that the US and Taiwan could install self-destruct systems in TSMC's factories to prohibit the Chinese from controlling them in an invasion scenario. However, the Chinese are not naive to conduct such an operation in my view, as this would also be catastrophic for their economy and the CCP.

Semiconductors are everywhere, and considering the digitalized world we live in, we are heading towards a scenario where the nation that controls manufacturing will reach supremacy. China and the US are fighting for technological hegemony, and the never ending tensions will likely only get worse from here.

TSMC's US Capacity Is Expanding

TSMC's $40 billion Arizona chip investment is one of the largest foreign investments in US history. TSMC plans to manufacture the 4nm chips at the plant in Arizona, an upgrade from the previously-announced 5nm, which will boost output from the original commitment of 20,000 wafers a month. However, until now, TSMC has been tight-lipped about future expansion plans in the US beyond the aforementioned small-scale capacity expansion plan.

However, due to rising geopolitical concerns, leading-edge customers are seeing a rising need for non-Taiwan capacity. With TSMC's larger capacity, continued technology leadership, more optimized cost structure, and robust ecosystem support, I expect the company's accelerated US capacity expansions to alleviate market concerns of potential share losses from a worsening geopolitical landscape.

Morris Chang, the founder of TSMC, has pointed out that manufacturing costs in the US are way higher than in Taiwan. Therefore, the US-based capacity should carry ∼50% higher operating costs (such as much higher costs for technicians, equipment engineers, process integration engineers, etc.) than in Taiwan.

Even with some cost offsets through subsidies, tax breaks, and higher wafer prices, there is a risk of some Return on Equity (ROE) deterioration for TSMC's US-based capacity. Still, given the small amount of capacity, I don't expect the impact to be material.

Chart
Data by YCharts

TSMC's manufacturing costs in the US should be higher than at its Taiwan-based fabs. However, TSMC's US-based facilities should still be more competitive than other foundry peers (Intel, Samsung Foundry) due to better operating efficiency, higher production yields, more robust process technology, and more comprehensive ecosystem support (such as Open Innovation Platform).

As a result, I expect TSMC to remain the preferred foundry supplier-customer seeking US foundry support. TSMC's P/E multiple (12-month forward) has de-rated from ~23x at the beginning of 2022 to ~12x, primarily due to rising geopolitical risks. Although there could be some dilution for its US expansion plans, this is likely to be more than compensated for by higher P/E multiples, as risk perception (from market share loss or geopolitics) is likely to ease somewhat.

Structural Pricing Growth In 2023

Despite all the fear, uncertainty, and doubts, management is telling the public that pricing is going up in 2023. Big customers like Apple may have the power to negotiate better terms, but the average wafer price for Apple is also going up as Apple migrates some wafer demand to N3. So other customers are not in a position to reject TSMC's pricing increases.

TSMC's average wafer price has grown at a 2-year and 4-year CAGR of 11.8% and 18.9%, respectively. Perhaps the 2022 wafer price growth is mainly due to TSMC's 15-20% broad-based pricing increases in the year, but the 2020 and 2021 pricing increases were still significantly higher than the 2012-2019 period. While TSMC may not be able to raise prices broadly forever as it did in 2022, the migration to advanced nodes where TSMC is in a near-monopoly position is likely to be a structural and sustainable driver for TSMC's pricing growth going forward.

Chip wars, semiconductors, technological hegemony, hegemony, Intel, Nvidia, TSMC, Taiwan, China-US war, chip production

TSMC Wafer Prices (Digitime)

TSMC's 2023 wafer price may grow by another ~20%, driven by 5nm and 3nm ramps and the 6% pricing increase. But, again, investors need to zoom out and look at the multi-decade picture to understand the trend rather than simplistically attributing the pricing growth of TSMC purely to any aggressive pricing increases on existing nodes, which may prove unsustainable over the long term.

A Correction In Global MSI Is Underway

As the global MSI (millions of square inches) has been above the trend since 2021, a correction to global MSI is likely ongoing. Therefore, it is only prudent to believe that TSMC MSI will also get a correction. However, TSMC's Q3 solid results and flat Q4 guidance suggest that a correction will not happen to TSMC by the end of 2022.

Yet, management has alluded to 7nm underutilization in 1H23 and said that industry-wide inventory correction would likely impact 1H23. This correction means that TSMC's revenue will likely fall significantly in Q1-2023 and end the company's 11 consecutive quarters of growth since March 2020, when the pandemic started.

However, TSMC's Q1-2023 drop is cyclical and not structural; a quick rebound likely follows a cyclical decline. Moreover, investors should look past the Q1-2023 cliff, as TSMC's revenue progression in 2023 will likely be in the high double digits. Investors may have sold off the stock recently to de-risk a Q1-2023 fall, but the cautiousness is overshooting to the downside.

While we are still months away from arguably the worst print of this cycle for TSMC, the Q4-2022 call will likely turn out to be the "sell the rumor but buy the news" event. As a result, the time to accumulate shares to position for the arrival of the new semiconductor upcycle is probably not after the Q4-2022 call but over the next three months.

Slower N5 Demand In 1H23

N5 demand has been resilient in 2H22 due to healthy Apple iPhone demand and market share gains in crucial customers (QCOM, NVDA). However, the N5 demand is likely to show some weakness due to order cuts in AMD, QCOM, and NVDA.

QCOM has shifted its flagship 5G SoC (Snapdragon 8 Gen 2) to the TSMC N5 family (based on the N4 process) starting 2H22. However, due to a softer demand outlook for high-end smartphones (i.e., in developed markets such as Western Europe and the US) and disciplined inventory management, QCOM is likely to cut wafers starting at N5 in Q4-2022/Q1-2023 to accelerate the inventory destocking process.

In addition, our research shows that NVIDIA Corporation (NVDA) and Advanced Micro Devices, Inc. (AMD) could push out N5 wafer starts in Q1-2023 due to ongoing weakness in gaming GPUs, inventory correction in the PC market, and a more conservative ramp for new server products in 2023. Finally, iPhone-related orders have been largely resilient so far, but there may be some cuts in Q1-2023 to reflect weaker demand.

Concluding Thoughts

I remain optimistic that TSMC will likely grow by double digits. Therefore, even though I have turned more cautious about TSMC's Q1-2023, I view the downturn in Q1-2023 as a healthy correction to TSMC's above-trend unit shipments, and TSMC's unit volume should subsequently rebound in 2H23.

However, the bigger story about TSMC's 2023 growth is that the pricing increases could reach 20%, primarily driven by the mix shift to 5nm and 3nm that carry higher prices. As a result, the pricing growth will offset the unit volume decline in 2023.

On the stock, TSMC's Q3-2022 call did not dispel investors' fears of a potential cliff in 1H23 despite management reiterating that it expected 2023 to be a growth year. However, it is time to look past potential 1H23 weakness, as mean reversion is arguably the only certainty in a time of uncertainty. I think between now and the Q4-2022 call in January 2023 is a good time to accumulate shares to position for the eventual recovery of the semiconductor industry.

Fri, 09 Dec 2022 03:33:00 -0600 en text/html https://seekingalpha.com/article/4563573-tsmc-the-leader-in-the-chip-war
Killexams : silicon foundry

Once upon a time, countries protected their domestic industries with tariffs on imports. This gave the home side a price advantage over companies operating overseas, but the practice has somewhat fallen out of fashion in the past few decades.

These days, governments are altogether more creative, using fancy export controls to protect their interests. To that end, the United States enacted an export restriction on high-powered computing devices. In response, Chinese designers are attempting to artificially slow their hardware to dodge these rules.

Continue studying “Chinese Chips Are Being Artificially Slowed To Dodge US Export Regulations”

Tue, 06 Dec 2022 09:59:00 -0600 Lewin Day en-US text/html https://hackaday.com/tag/silicon-foundry/
Killexams : chip foundry

Once upon a time, countries protected their domestic industries with tariffs on imports. This gave the home side a price advantage over companies operating overseas, but the practice has somewhat fallen out of fashion in the past few decades.

These days, governments are altogether more creative, using fancy export controls to protect their interests. To that end, the United States enacted an export restriction on high-powered computing devices. In response, Chinese designers are attempting to artificially slow their hardware to dodge these rules.

Continue studying “Chinese Chips Are Being Artificially Slowed To Dodge US Export Regulations”

Sun, 04 Dec 2022 10:00:00 -0600 Lewin Day en-US text/html https://hackaday.com/tag/chip-foundry/
Killexams : Last Call for Foundry Alpha and Demo as Development Ramps Up

One of the more promising factory games in development is the first-person blocky-open-world automation paradise of Foundry.  It’s been in an alpha state for a couple of years now and available for players to get an early look at on itch.io.  Alpha testing isn’t for everyone, being an earlier version than Steam’s Early Access should be, but even so Foundry created a good following for itself thanks to a huge amount of content being released in stable and well-polished builds.  The paid version on itch.io is as much of the full game as is available at the moment while the free demo released back in September on Steam only goes up to a certain point in available tech.  Either one is a fair amount of game, and it’s fairly likely that a player reaching the end of the demo is going to want in on the alpha.  Foundry is already a great factory game, letting you set up crazy-complicated systems from simple parts sprawling over a massive world extending endlessly in every direction, and that’s even before taking into account the blocky terrain being fully destructible for extensive underground mining operations.  If you aren’t in by the end of the month, however, Foundry’s availability on both Steam and itch.io is about to disappear.

The reason for the change is that success brought with it publisher interest, and signing with a publisher necessitated a change in focus.  The work spent maintaining pubic-facing builds could be better spent on completing a proper Early Access release, so Foundry’s alpha is no longer going to be available for purchase and the Steam demo is being pulled for now.  The expectation had been for a proper Early Access release in 2023, although whether that remains true is down to the fickle whims of the game development gods.  The plan is that experimental builds will be available for all itch.io buyers to test out and the next stable release is Early Access on Steam, and the specific time-frame of the stable build is dependent on feedback.  Even the publisher is as yet unannounced, so there’s a lot of information forthcoming.  In the meantime, if you’ve got any interest at all in factory games now is the time to grab either the demo or the alpha (which does come with a Steam key when available) before they disappear on November 30.

Sun, 27 Nov 2022 09:09:00 -0600 James Cunningham on November 27, 2022 en-US text/html https://hardcoregamer.com/news/last-call-for-foundry-alpha-and-demo-as-development-ramps-up/430650/
Killexams : Caterpillar worker’s grisly foundry death blamed on training and work conditions

Just nine days into his new job at Caterpillar’s foundry in Mapleton, Illinois, Steven Dierkes, a 39-year-old father of three, fell into an 11ft-deep pot of molten iron and was incinerated.

Now workers at the plant are blaming lack of training, poor safety protections and grueling working conditions for his death and are threatening strike action at the world’s largest construction equipment manufacturer.

Dierkes’ death in June was the subject of a report issued by the US Occupational Safety and Health Administration (Osha) earlier this month. The report determined that “​​if required safety guards or fall protection had been installed, the 39-year-old employee’s ninth day on the job might not have been their last”.

Osha said workers at Caterpillar’s foundry were “routinely exposed” to unprotected fall hazards and has proposed a fine of $145,027. The decision does not go far enough for Jessica Sutter, Dierkes’ fiancee.

“My children are left without their father, I am left without my fiancee, my partner, my best friend, all because they didn’t want to take better safety precautions for that type of work,” Sutter, who had two daughters with Dierkes, said.

She claimed Caterpillar has not provided any assistance or support to her and her daughters. She is now trying to find additional work to save enough money to find a new place to live with her children because her landlord won’t conduct needed repairs on her home. She said they were already suffering financially because Dierkes had been out of work for two months before starting at Caterpillar.

Sutter criticized Caterpillar for putting her fiance in a dangerous position without adequate safety protections.

“As far as Caterpillar, I feel that they are murderers. It’s a slaughterhouse. No one should have to lose their life like this,” she said. “They do not have any compassion for human decency at all, they are a company of no humanity.”

Former and current workers at the foundry also raised concerns about safety. One former employee at the Mapleton foundry, who requested anonymity for fear of retaliation from prospective employers, quit in late 2021 due to unsafe working conditions.

“You breathe in smoke and dust six, seven days a week,” the former employee said. “There was a lack of concern whenever we brought up a safety issue there. Most of the time it was overlooked or their fix created a whole new safety issue or multiple issues.”

A current employee at the foundry, who also requested anonymity for fear of retaliation, explained in detail the working conditions and lack of safety protections that contributed to Dierkes’ death. Over 800 workers are employed at the foundry.

The foundry is divided by into two sides by “the wall”, a term used by workers to characterize the separation of environments and job types. Machining takes place on one side of the wall, and iron melting on the other side.

Dierkes was working as a melt deck operator and fell into a melter while trying to obtain a sample.

“When he died they only had us off work for two days and then told everyone to come back. The air literally still smelled like his burning body,” a worker said. “There were no guard rails, no harness procedures and nothing to ensure you wouldn’t fall into the massive holes filled with iron. As he was collecting a sample of iron with the spoon, he fell in and churned up.”

“I’m very surprised this is the first time it’s ever happened. When I worked up there, there were numerous times I thought, ‘Man, are they really gonna have me do this?’ For instance, if the iron level was low, they wanted you to try to get a sample or temp anyways, which would require you to lean over the hole a bit to be able to reach the iron. The melters are always around 2,400-2,600F, so if you fall in one there is zero chance of survival.”

The worker also claimed the process of tapping out the iron was dangerous, the cranes used to haul the iron also posed safety risks, and there were significant risks of getting burned by backsplash while working in excessive heat.

“In the summer the melt deck reaches upward of 120F. You’re expected to be in full long sleeves to protect you from the iron, but the fire-resistant clothing you wear doesn’t protect from anything – the iron burns right through it,” the worker added.

“It’s hard to breathe because of the heat, and you’re always drenched in sweat. They have heat advisory days in the summer where security passes out bottles of water. But it doesn’t really matter how much water you drink up there, you’re losing so much sweat you almost always feel cruddy when leaving work and your ears and nose are filled with black soot every single day, and that obviously gets in your lungs.”

The worker also claimed that Caterpillar had not done anything for Dierkes’ family and that co-workers had tried to raise money for the family themselves after the incident. They noted that the money Osha has proposed to fine Caterpillar for the safety violations won’t go to Dierkes’ family.

Another worker, 50-year-old contractor Scott Adams, fell to his death at the foundry in 2021. Osha blamed the contractors he was working for on Caterpillar’s premises for failing to protect him from the fall.

In 2020, the latest year of available data from the Bureau of Labor Statistics, 4,764 workers in the US suffered fatal injuries in the workplace. But the AFL-CIO, the largest federation of unions in the US, says that number severely undercounts the real problem because of the lack of funding for regulatory oversight.

Workers at the foundry are represented by the United Auto Workers, and the employee claimed that workers are now being asked to train their replacements in anticipation of a possible strike in March 2023, when the current union contract expires.

Caterpillar declined to comment on Dierkes’ or Adams’ deaths or on workers’ claims they are being asked to train possible replacements.

A spokesperson for Caterpillar said in an email: “We continue to be deeply saddened by the death of an employee who was involved in a serious incident at our Mapleton, Illinois, facility on June 2. Our thoughts remain with this employee’s family, friends and colleagues. The safety of our employees, contractors and visitors is our top priority at all Caterpillar locations around the world. Regarding the serious safety incident that occurred, we will continue to engage with Osha to seek an appropriate resolution to its review.”

Fri, 25 Nov 2022 19:13:00 -0600 Michael Sainato en text/html https://www.theguardian.com/us-news/2022/nov/26/caterpillar-illinois-foundry-death-poor-training-work-conditions
Killexams : Trending: Foundry Equipment Market Size & Share to Surpass $5.8 Billion by 2028 | Vantage Market Research

Vantage Market Research, The North Star for the Working World

WASHINGTON, Nov. 29, 2022 (GLOBE NEWSWIRE) -- The Global Foundry Equipment Market is valued at $4.8 Billion in 2021 and is projected to reach a value of $5.8 Billion by 2028 at a CAGR (Compound Annual Growth Rate) of 3.3% over the forecast period 2022-2028.

The foundry equipment market is one of the most important economic sectors, and steady growth is anticipated moving forward. Despite the industry's turbulence, a variety of factors could influence its growth or decline. To provide a thorough understanding of the industry, this study evaluates both present trends and projected future changes. It also includes information on the major companies in the market and their growth plans.

The report offers a thorough analysis of global suppliers and producers, as well as their present situation and prospects in the future. Additionally, it provides details on factors driving the global need for foundry equipment, such as growing investment requirements, advancing technology, and new laws.

Get Access to the In-depth Free sample Report @ https://www.vantagemarketresearch.com/foundry-equipment-market-1901/request-sample

Foundry Equipment Market Overview

According to Vantage Market Research, some of the key factors anticipated to accelerate the foundry equipment market growth over the forecast period. The market is expected to grow as more lightweight cars are manufactured to Excellerate energy efficiency and meet tough pollution rules. Furthermore, the popularity of electric vehicles, rising per capita income, and a growth in population in emerging nations have all contributed to the demand for automobiles. Throughout the forecast period, it is also anticipated that the high construction industry, brought on by the swift growth of the construction and infrastructure sectors, will significantly contribute to the growth of the foundry equipment market.

We forecast that the automotive category in foundry equipment Market sales will account for more than 30% of total sales by 2028. Automotive demand is being fueled by rising disposable income in developing nations. Metal castings are primarily used in automobiles, so this industry is anticipated to grow rapidly.

North America dominates the foundry equipment market, and this trend of dominance will continue throughout the projection period. The market in this region is expanding due to the upgrading of the existing infrastructure and the demand for commercial and residential space brought on by population growth. To advance developments and boost the effectiveness of the end-user industries, North America, a developed country, continues to adapt to future technologies quickly.

Top Players in the Global Foundry Equipment Market

  • Denso Corporation

  • Hanon Systems

  • TransAir Manufacturing

  • Mitsubishi Heavy Industries Ltd.

  • Eberspacher Group

  • MAHLE GmbH

  • Valeo SA

  • Toyota Industries

  • Delphi PLC

  • Keihin Corporation

  • Calsonic Kansei Corporation

  • SamvardhanaMotherson Group

  • Subros Limited

  • SMAC Auto Air

Market Dynamics

Increased Use of Smart Sensors in Agriculture:

The popularity of electric vehicles among consumers has increased as we move closer to their adoption. Over the past few decades, the automotive industry has experienced unprecedented growth. Numerous elements attributing to the growth include a high living standard, improved infrastructure, and high disposable income. Every year, a car's design and system are updated to reflect new developments and fashions. A car's strength can be increased, and its overall weight can be decreased with the help of metal castings and alloys. Die casting is a popular method used by the automotive industry to create parts of various sizes and shapes. In addition to the rising demand for cars, infrastructure development in economically developing countries is fueling the growth of the market for foundry equipment.

Ongoing Modernization in Foundry Equipment:

The physical barrier to establishing contact with other countries has been lowered, and communication has improved thanks to modernization. The globe has become a global village due to the technological revolution and the expansion of the industrial sector. Population growth influenced living spaces and residential property growth. The market has been propelled toward innovations by the culture of sustainable living and a need for products of higher quality. From small businesses to massive manufacturing facilities, metals are used everywhere. It can be molded into any shape and size and is a good heat conductor. Manufacturing ships, aircraft, and automobiles all depend on metal casting. Additionally, the market for foundry equipment will grow as faster communication becomes more and more in demand.

Adoption of Foundry Technology in the Agriculture Sector:

In developing nations like India and Bangladesh, the modernization of agricultural equipment is still lagging. Due to inadequate promotion, the agricultural sector in emerging nations falls short in terms of productivity and efficiency. In developing countries, governments are implementing several incentives for mechanizing on- and off-farm operations. A growing number of farmers are using mechanical procedures in their agricultural output, which indicates that the policy is improving steadily. Over the anticipated timeframe, all of these variables will fuel the foundry equipment market expansion.

Limited Time Offer | Buy this Premium Research Report with Exclusive Discount and Immediate Delivery@ https://www.vantagemarketresearch.com/buy-now/foundry-equipment-market-1901/0

Top Trends in Global Foundry Equipment Market

  • One trend that Vantage Market Research (VMR) expects to see in the foundry equipment industryis a result of technological advancement.The development of 3D printing and castings based on simulation is anticipated to significantly impact the market for foundry equipment in the future years. The furniture and construction sectors are the largest consumers of die-cast goods.

  • Another trend that VMR predicts will continue in the foundry equipment industryis the increased adoption of foundry equipment by enterprises. recent years have seen a lot of small and medium-sized enterprises being acquired by larger ones as the foundry equipment market has been consolidating. In addition, more countries are investing in the foundry equipment market. The market is currently controlled by a limited number of extremely large businesses due to increased competition.

Top Report Findings

  • Based on product, most of the foundry equipmentMarket's revenue is controlled by the die-casting machine category. A die-casting machine uses high pressure to press molten metal into a reusable metal die. The market for die-casting machines is growing as a result of factors such as the expansion of the market for lightweight cars and the rising popularity of high-pressure die casting (HPDC) due to technological developments.

  • Based on end users, the automotive category dominated the foundry equipment market. It is anticipated that this trend will continue due to the increase in lightweight vehicle production, which aims to increase energy efficiency and impose stricter emission regulations. Additionally, the market expansion is anticipated to be significantly influenced by the growing demand for electric vehicles.

Read Full Research Report @ https://www.vantagemarketresearch.com/industry-report/foundry-equipment-market-1901

Top 10 Players Generates More Than 45% of the Global Foundry Equipment Market Revenue

The report also found that the largest players in the foundry equipment Market are technology providers such as Denso Corporation, Hanon Systems, TransAir Manufacturing, Mitsubishi Heavy Industries Ltd and Eberspacher Group These companies are expected to benefit from increased demand for their products and services, as well as growing investments in new mines. Other major players include Denso Corporation, Hanon Systems, TransAir Manufacturing, Mitsubishi Heavy Industries Ltd., Eberspacher Group, MAHLE GmbH, Valeo SA, Toyota Industries, Delphi PLC, Keihin Corporation, Calsonic Kansei Corporation, SamvardhanaMotherson Group, Subros Limited, SMAC Auto Air and others. As per latest report published by Vantage Market Research, top 10 companies are responsible for generating more than 45% revenue of the market.

Die Casting Machine Category in Foundry Equipment Market to Generate Over 30% Revenue

Foundry equipment is an expensive investment. Vantage Market Research has analyzed the market for foundry equipment to understand its current state and potential future growth factors. For better understanding, based on product foundry equipment Market is divided into:die casting machine, centrifugal casting machine, induction furnace, moulding machine, coremaking machine and shot blasting machine.

During the forecast period, the market for foundry equipment is anticipated to experience the highest CAGR for the machine learningcategory. The primary drivers of this segment's growth are the expanding automotive industry, and the rising demand for aluminum die castings. Centrifugal casting machines are anticipated to be the market's fastest-growing segment during the forecast period. The rising demand for investment castings from numerous end-use industries, including aerospace, construction, and medicine, is driving the growth of this market.

Although molding machines typically cost more than core-making or shot-blasting equipment, they provide higher accuracy and detail. Due to the rising demand for castings with complex geometries, molding machines are anticipated to experience rapid growth during the forecast period.

Browse market data Tables and Figures spread through 141 Pages and in-depth TOC on Foundry Equipment Market Forecast Report (2022-2028).

Global Foundry Equipment Market Segmentation

By Product

By End User

By Application

  • Precision Farming

  • Agricultural Robots

  • Livestock Monitoring

  • Look Drone Analytics

By Region

  • North America

  • Europe

  • Asia Pacific

  • Latin America

  • Middle East & Africa

Scope of the Report:

Report Attributes

Details

Market Size in 2021

USD 4.8 Billion

Revenue Forecast by 2028

USD 5.8 Billion

CAGR

3.3% from 2022 to 2028

Base Year

2021

Forecast Year

2022 to 2028

Key Players

Denso Corporation, Hanon Systems, TransAir Manufacturing, Mitsubishi Heavy Industries Ltd., Eberspacher Group, MAHLE GmbH, Valeo SA, Toyota Industries, Delphi PLC, Keihin Corporation, Calsonic Kansei Corporation, SamvardhanaMotherson Group, Subros Limited, SMAC Auto Air and others.

Customization of the Report:

The report can be customized as per client needs or requirements. For any queries, you can contact us on sales@vantagemarketresearch.com or +1 (202) 380-9727. Our sales executives will be happy to understand your needs and provide you with the most suitable reports.

Browse More Building and Construction Industry Reports from Vantage Library:

About Vantage Market Research:

We, at Vantage Market Research, provide quantified B2B high quality research on more than 20,000 emerging markets, in turn, helping our clients map out constellation of opportunities for their businesses. We, as a competitive intelligence market research and consulting firm provide end to end solutions to our client enterprises to meet their crucial business objectives. Our clientele base spans across 70% of Global Fortune 500 companies.

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Mon, 28 Nov 2022 18:34:00 -0600 en-US text/html https://finance.yahoo.com/news/trending-foundry-equipment-market-size-082400534.html
Killexams : Walla Walla Foundry turns 'The Embrace' into bronze reality for Boston

Mon, 28 Nov 2022 19:00:00 -0600 en text/html https://www.lagrandeobserver.com/news/northwest/walla-walla-foundry-turns-the-embrace-into-bronze-reality-for-boston/article_f4a658aa-6f58-11ed-95a1-7b156e5d4c55.html Killexams : IC design houses expect foundry quotes to be negotiable

With foundries seeing a drop in capacity utilization rates, fabless chip clients expect foundries, particularly second- and third-tier ones, to become less firm on their contract quotes, according to industry sources.

The premium content you are trying to open requires News database subscription. Please sign in if you wish to continue.
Thu, 01 Dec 2022 14:27:00 -0600 en text/html https://www.digitimes.com/news/a20221130PD214/tsmc.html
Killexams : QuantWare launches Foundry Services for superconducting quantum chips

QuantWare, a provider of superconducting quantum processors, has launched Foundry Services to provide an alternative to anyone wanting to fabricate their own Superconducting Quantum Chips without having in-house fabrication capabilities.

Fabrication and production of quantum computing hardware currently is very capital intensive, requiring a team of highly skilled fabrication engineers and access to cleanroom facilities. These high barriers of entry limit innovation in the field of quantum computing.

QuantWare said that it wants to lower the barrier to entry into the quantum computing space by offering its excess fabrication capacity to third parties. This will help to accelerate research and innovation by making additional fabrication processes available to everyone

“Opening up our Foundry capabilities for the design of others massively lowers the barrier to build a quantum computer”, said Matthijs Rijlaarsdam, Co-Founder and CEO of QuantWare. “It also prepares our company for future large-scale processors that, like in Semicon, will feature IP from different sources. We believe it to be a big step towards our mission to accelerate the advent of the quantum computer”

Thu, 01 Dec 2022 18:43:00 -0600 en text/html https://www.newelectronics.co.uk/content/news/quantware-launches-foundry-services-for-superconducting-quantum-chips
Killexams : Save up to 50% on Digital Foundry’s best 4K TV for HDR gaming

Life’s good when you can get the most out of your gaming set up.

There’s been an absolute heap of bargains on TVs for Black Friday this year. But if you’re looking to upgrade into the realm of 4K and 120FPS, you could do much worse than the LG CS OLED, which houses the C1 panel that Digital Foundry named their pick for HDR gaming.

LG’s CS range are feature-rich like the newer C2 models, but ship with the older C1 screen. This isn’t necessarily a bad thing though, as the C2 is noticeably brighter, which may sway readers on the fence between the models.

The inclusion of HDMI 2.1 is an important one, as that’s the spec needed to game at 4K and 120FPS on PS5, Series X and current-gen PC GPUs. The TV also boasts Black Frame Insertion up to 120Hz, which makes for a more precise picture with fast moving objects on screen, and supports variable refresh rates to HDMI VRR standard for consoles, and FreeSync and G-Sync compatibility for PCs.

Between these features and the super low input latency, you’ve got a TV capable of getting the absolute most out of current-gen consoles, all the way up to competitive play.

Returnal on LG CS

Unlike the original C1 models, the CS is HDR10+ capable, giving you even more colour contrast. And if your set up is not quite 4K ready yet, the CS will still upscale whatever you watch on it using its full OSSC capabilities, so you’ll still see an upgrade if you’re running old hardware. LGs built-in webOS is a great addition for watching TV and movies hassle-free as well.

American readers can pick up a discounted LG C2 for Black Friday, another of Digital Foundry's top picks for 4K gaming, with $200 off the 55" model at Amazon. The best price for the 65" we’ve seen is at Walmart, who have it up at $1,599, a listed discount of over $2,000. How much you believe them there is up to you, but that doesn’t change the fact that it’s going for a good rate now.

Keep up with Digital Foundry’s Black Friday 2022 cover over on their best TV deals page, and follow both Jelly Deals and Deals Foundry on Twitter to be the first to know when we find more TV bargains to be had over the weekend and as we enter Cyber Monday tomorrow.

Sun, 27 Nov 2022 03:26:00 -0600 en-gb text/html https://www.eurogamer.net/save-on-digital-foundrys-best-4k-tv-for-hdr-gaming
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