Input shortages have hampered U.S. manufacturing output for many months, especially in the automotive sector, the Federal Reserve (Fed) exposed. Overall, total industrial production trended upward in 2021 and continued to do so earlier this year. However, in the second quarter there were some signs of slowing in
Taiwan Semiconductor Manufacturing Company Limited (TSMC) increased its share of global semiconductor chip production. In 2021, TSMC produced 26% of global semiconductor production value, excluding memory, up from 24% the previous year. As a foundry, the company manufactures semiconductors with its manufacturing processes for its customers, based on
Investments for chip plants have soared in several parts of the world, including the United States, China, the European Union (EU) and Japan. First and foremost, the proposed European chip bill, presented by the European Commission in February 2022, aims to mobilize €43 billion in «policy-driven investments» for
Worldwide semiconductor production is knowledge- and capital-intensive, highlights an analysis released by the European Parliament. While a foundry producing the most advanced chips costs about $20 billion to operate, it could require up to 2,000 semiconductor engineers and thus a strong pool of local talent, the analysis says.
From the United States, Johnson & Johnson (J&J) exported Remicade, a treatment for a range of immune-mediated inflammatory diseases, for US$236 million in 2021. The amount represents a year-on-year decline of 31.5 percent. Remicade (infliximab) is the main product of Johnson & Johnson’s Pharmaceuticals segment. In addition to
Brazil‘s iron ore exports registered a 33.1% year-on-year drop from January to July 2022, to US$17.878 billion. In terms of volume, these international sales fell 6.2%, to 186.2 million tons, reported the Ministry of Economy. Iron ore is considered the second most important raw material, after oil. As