US President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion (roughly Rs. 4,19,400 crore) in subsidies for US semiconductor production and research and to boost efforts to make the US more competitive with China’s science and technology efforts. “The future is going to be made in America,” Biden said, calling the measure “a once-in-a-generation … Read more
Samsung Electronics’ chip production in China is facing disruption from a trucker strike in South Korea which is blocking exports of a key material, the Korea International Trade Association (KITA) said on Tuesday. It is the first concrete sign that the week-long strike is impacting chip production, having already cost South Korean industrial sectors more … Read more
Alibaba is being pushed by China’s ruling Communist Party to take on the tricky, expensive business of designing its own processor chips, to help make China a self-reliant “technology superpower” — a business, unlike anything the world’s biggest e-commerce company has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the … Read more
Alibaba is being pushed by China’s ruling Communist Party to take on the tricky, expensive business of designing its own processor chips, to help make China a self-reliant “technology superpower” — a business, unlike anything the world’s biggest e-commerce company has done before. Its 3-year-old chip unit, T-Head, unveiled its third processor in October, the … Read more
India has approved a $10 billion (roughly Rs. 76,090 crore) incentive plan to attract semiconductor and display manufacturers, technology minister Ashwini Vaishnaw said on Wednesday, as part of a deepening push to establish the country as a global electronics production hub. Under the plan, the government will extend fiscal support of up to 50% of a project’s … Read more