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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.
Chinese leader Xi Jinping has done what no American president ever could. He got Japan to get serious about defense after decades of pathological overdependence on US forces.
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.
While Russian, Chinese and Iranian drones are easy to destroy using existing Western systems, the costs are prohibitive. This unsustainable ratio is the result of decades of complacency and bureaucratic inefficiency.
Hong Kong/London CNN —
The Okinawa Institute of Science and Technology (OIST) has designed a new type of extreme ultraviolet (EUV) lithography equipment that could significantly reduce the cost to produce 7nm and smaller semiconductors, and thus revolutionize the chip manufacturing supply chain.