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TSMC has announced that its semiconductor manufacturing operations are rapidly recovering from the disruption caused by the earthquake that hit Taiwan on April 3 and that its revenue target for 2024 remains unchanged. The company’s factories were built with a high degree of earthquake resistance.
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Chinese technology company Huawei is recovering strongly from the earlier impact of US sanctions, with sales up 9.6% and net profit 144% in 2023, company figures released on March 29 show.
Rakuten Mobile, Japan’s upstart mobile telecom network operator, sees light at the end of the financial tunnel as subscriber growth heads toward breakeven on an operating cash flow basis in 2024.
On March 18, CEO Jensen Huang’s keynote presentation at Nvidia’s GPU Technology Conference (GTC 2024) provided an impressive demonstration of the competition Huawei and other Chinese high-tech companies face alongside the punitive challenge of US-led sanctions.
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The hard work of building secure and reliable systems for numerous practical applications is where the future and promise of generative artificial intelligence (AI) lies. Japan gets it; many in the West do not.
As the US ratchets up sanctions, China throws more money at its semiconductor industry. The sanctions have slowed but not stopped the advance of Chinese semiconductor manufacturing while sales of unsanctioned equipment to China have gone through the roof.