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that could change by 2025. It stated that, there will be approximately eight million autonomous vehicles on the roads by then. But we’re likely still a long way from that number. First, the technology must catch up. Just over 80 years later, the concept has evolved, although not to the point of filling our highways with autonomous vehicles— yet, at least. In 2018 ..read more

CHIPS for America Act and FABS Act represents a much-anticipated boon for the U.S. semiconductor industry, providing $52.7 billion for investment.  In August 2022, the U.S. Congress approved the funds for semiconductor manufacturing and research, plus a 25% investment tax credit for chip plants (an estimated additional $24 billion). That credit applies to projects that start construction after January 1, 2023 ..read more

Also, the U.S. Commerce Department announced that it will be accepting proposals for CHIPS Act funds by early 2023. All this activity took place on the back of a global semiconductor sales increase of 13.3% from Q2 2022 to Q2 2021 ..read more

As we approach the tail end of 2022, forward-looking predictions for cybersecurity threats companies will face in 2023 are coming in. Trends in threats include cybercriminals finding workarounds to some of the newest defense solutions, and, in some cases, fewer incidents but an increase in attack severity.  ..read more

Photonic chips transmit signals with light instead of electricity. The advantage of photonics over electronics is that light is faster and more functional over large bandwidths. The most common method of deploying photonics in chip design currently is silicon photonics, which pairs photonic architecture with traditional circuits in a single chip. . In fact, speed is one of the three factors driving this accelerated growth.  ..read more

In August of 2021, news outlets reported that Japan was worried it could be left behind as the U.S. chip industry spent billions to gain an edge in an ongoing trade war with China. Japan, which once dominated in the semiconductor industry, worried it would be squeezed out. Its share of global chip manufacturing had fallen from a half to a tenth as it lost customers to less expensive rivals and lost ground with a lack of cutting-edge processes in the production of silicon wafers, chemical films, and machinery, according to ..read more

asked the question on everyone’s mind: Is the end of the chip shortage in sight? Then it answered its own question with cautious optimism: yes, automotive chip production is catching up— slowly but surely.  After months of dire reports predicting that the automotive chip crises could extend through 2022 and even into early 2023, there is now good news for automakers and their customers. Several automakers have reported that they are starting to feel the shortages easing up and their chip supply stabilizing ..read more

Upskilling employees has become a go-to strategy for many companies looking for a proactive approach to overcoming the persistent skills shortage and tight labor marketplace. Upskilling and reskilling an existing workforce yields several benefits, but in the current market, one of its most important functions is the retention of existing employees. Job Openings and Labor Turnover Summary . However, the number of employees who quit their jobs in April remained steady at 4.4 million.  ..read more