$664K worth chips stoled by the cargo thieves

The shortage of semiconductors, according to analysts, will not pass soon. And now Hong Kong thieves have also stolen a large batch of microcircuits in transit.

Chinese media write that in the Tuen Mun area at 15:00 on June 16, robbers stole semiconductors totaling about 644,000 rubles from the logistics company that transported them.

The assistant truck driver in the elevator was approached by three men who attacked him as soon as the elevator door closed. The victim quickly notified his colleagues, who called the police, but the thieves could not be tracked down, despite the fact that the police set up roadblocks on the main highways around the crime scene. The police are still looking for criminals.

The increase in demand compared to supply has also led to a rise in the prices of wafer and adjustment to the product mix to ensure profitability. The high demand could lead to an increase in the theft of chip cargoes and thus, foundries may need to increase their security level. In the starting of this month, a research report by market analysis firm “TrendForce Consulting” showed that the semiconductor industry has benefitted tremendously from the rising demand for a number of terminal applications, leading to an increase in their stock prices. 

Also Read:

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.

More like this

Samsung’s $9 Billion Chipset Expenditure in 2023 Drives Embrace...

Samsung made a choice to use the Snapdragon 8 Gen 2 chipset, for its Galaxy S23 series,...

US Government to Allocate Billions to Chipmakers Intel and...

The Biden administration is planning to allocate significant financial support, amounting to "billions of dollars," to semiconductor...

Samsung’s Q3 Profit Surpasses Expectations, Fueling Hopes for Chip...

Samsung Electronics announced on Wednesday that its preliminary third-quarter profit fell by a smaller-than-expected 78%. This drop...
WECT

WECT: meet the world’s first ever transistor made using...

WECT or wood electrochemical transistor is the worlds first wooden transistor. yep you hard it right, the...

Arm is making prototypes of its chips to attract...

According to the Financial Times, Arm has established a new "solutions engineering" team to create prototype chips...

LATEST NEWS

Tejasswi Prakash Livaeco by Birla Cellulose Makes Sustainable Fashion Statement at Jaipur Times Fashion Week

The fashion landscape is witnessing a profound transformation as sustainability moves from being a peripheral concern to occupying center stage in design philosophy ...

Ada Malik’s BLACKPINK Lisa Resemblance: Anu Malik’s Daughter Stuns With K-Pop Doppelgänger Look

In an unexpected cultural crossover that has set social media ablaze, the worlds of Bollywood and K-pop collided when Ada Malik, daughter of veteran...

Sonam Kapoor Dazzles in Off-White Masaba Saree: Tamil Motifs Meet Modern Elegance

When Sonam Kapoor steps onto a red carpet—or in this case, into a store opening—the fashion world collectively holds its breath in anticipation. The...

Tata Capital $2 Billion IPO: Why the Financial Giant Chose the Confidential Filing Route

The Indian financial services landscape is witnessing a significant milestone as Tata Capital Ltd., the financial arm of the prestigious Tata Group, strategically positions...

Featured