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HONG KONG -- Black Sesame International, an automotive chip maker from China that fully relies on Taiwan Semiconductor Manufacturing Co. (TSMC) for its production, made a dismal debut on the Hong Kong Exchange on Thursday, plunging below its initial public offering price.
Anwar highlighted the need for the local government and universities to help train the necessary talent to better accommodate Kuala Lumpur’s efforts to bulk up the local chip industry. This comes as major governments around the world are spending tens of billions to bolster the domestic production of semiconductors, a commodity that is regarded as one of the most strategic goods for countries to develop emerging technologies.
Taiwan Semiconductor Manufacturing Company, one of the world’s biggest makers of advanced computer chips, announced plans in May 2020 to build a facility on the outskirts of Phoenix. Four years later, the company has yet to start selling semiconductors made in Arizona.
India's Nifty 50 is outperforming the S&P 500 and analysts told CNBC the index could go even higher this year.
OSAKA -- Japanese companies are preparing to roll out new carbon-capture technologies designed to slash the cost of removing carbon dioxide from industrial emissions.
BANGKOK (Reuters) -- South Korean automaker Hyundai Motor will invest 1 billion baht ($28 million) to set up a facility to assemble electric vehicles and batteries in Thailand, the country's Board of Investment (BOI) said on Wednesday.
Last March, Thierry Breton, the EU's commissioner for internal market, advocated for a shift of the European defense industry toward a war economy.
A version of Samsung Electronics' fifth-generation high bandwidth memory chips, or HBM3E, has passed Nvidia's tests for use in its artificial intelligence processors, three sources briefed on the results said.