Home / English News / Infineon CEO: We expect chip prices to rise significantly

Infineon CEO: We expect chip prices to rise significantly

VILLACH, Austria (Reuters) – Infineon CEO Reinhard Ploss said on Friday that he expected silicon chip prices to rise significantly, adding that semiconductor makers needed to cover the cost of investments to meet booming demand.

“We expect significant price increases,” Ploss told a news conference at an opening ceremony for Infineon’s new power-chip plant in Villach, Austria.

Ploss added that Infineon would not sell to the highest bidder at a time when customers were willing to pay astronomical prices. “We are a reliable partner when things go up and when they go down,” he told reporters.

(Reporting by Alexandra Schwarz-Goerlich, Writing by Douglas Busvine, Editing by Thomas Escritt)



Source link

Check Also

Why is the chair emoji causing a sensation on social media?



Why are we seeing the chair emoji everywhere in comments on social media posts? It's a new trend that is storming the platforms. Is it to show support for a particular movement? A feminist statement? Am anti-racist symbol? Nope, none of the above. It all started with... a joke! Hold on to your chair, we'll explain everything.

It all started on TikTok, as is so often the case. It was user Anthony Mai, aka @blank.antho, who single-handedly kicked off this movement on TikTok in early August. The goal is simple: replace the laughter emoji with the chair emoji to indicate when something is funny. A joke or "inside joke" intended to be insider knowledge among a small circle of users. A small circle that has grown. Since its publication, the video has accum

Facebook oversight board seeks clarity on review system for high-profile users



(Reuters) - Facebook Inc's independent oversight board said on Tuesday it has asked the social networking giant to provide clarity on the system it uses to review content decisions relating to some high-profile users.

The board's inquiry follows a Wall Street Journal report last week that Facebook exempts high-profile users from some or all of its rules.

(Reporting by Uday Sampath in Bengaluru; Editing by Shounak Dasgupta)


Source link

Leave a Reply