Search results for "shortage crisis"

Washington, UK Hinder Silicon Valley’s Chip Production Plans in China

Silicon Valley’s chip production is lurching to enlarge its investments in Chinese semiconductor firms, as Washington’s rising tension of upholding its status in global innovation could be overthrown by Beijing’s bid for chip-sector sovereignty. One of the companies joining the semiconductor progression is Intel Corp. The chip manufacturer is backing Chinese company Primarius Technologies Co., […]

Microsoft tops Apple as the world’s most valuable company

Apple Inc. was toppled aside from its throne as the world’s most valuable public company by Big Tech fellow, Microsoft, after the iOS developer’s market share fell on Friday by almost 2 percent. The fluctuation arises from Apple’s financial report for the fiscal year 2021, revealing unusual results – despite failing to meet Wall Street’s earnings expectations […]

Do we need humans for that job? Automation booms after COVID

Ask for a roast beef sandwich at an Arby’s drive-thru east of Los Angeles and you may be talking to Tori — an artificially intelligent voice assistant that will take your order and send it to the line cooks. “It doesn’t call sick,” says Amir Siddiqi, whose family installed the AI voice at its Arby’s […]

Vaccine technology transfer center to open in South Africa

The World Health Organization is in talks to create the first-ever technology transfer hub for coronavirus vaccines in South Africa, a move to boost supply to the continent that’s desperately in need of COVID-19 shots, the head of the U.N. agency announced. The new consortium will include drugmakers Biovac and Afrigen Biologics and Vaccines, a […]

Bosch opens $1.2B semiconductor factory in eastern Germany

German technology company Bosch on Monday opened a 1 billion euro ($1.2 billion) chip factory in the eastern city of Dresden to help meet the growing demand for semiconductors. A global shortage of semiconductors has forced major auto companies such as Volkswagen and BMW to slow vehicle production in recent months. “Bottlenecks on the semiconductor […]

Solar farms industry continues to grow at a rapid rate

The turn of the decade has so far been filled with great news for the environment as renewable energy industries continue to reach unprecedented growth worldwide. According to a recent report by U.S.-based analytics firm Allied Market Research, the global solar farms industry generated $61.4 billion in 2019, and is estimated to generate $261.0 billion […]

Biden orders a review of US supply chains for vital goods

President Joe Biden signed an executive order Wednesday intended to boost manufacturing jobs by strengthening U.S. supply chains for advanced batteries, pharmaceuticals, critical minerals and semiconductors. The United States has become increasingly reliant on imports of these goods — a potential national security and economic risk that the Biden administration hopes to address with the […]

Microsoft keeps chugging as pandemic continues

As the pandemic raged through the U.S., Microsoft’s business continued chugging ahead and beat Wall Street expectations for the last three months of 2020, powered by ongoing demand for its workplace software and cloud computing services as people worked from home. The company on Tuesday reported fiscal second-quarter profit of $15.5 billion, up 33% from […]

The Latest: Ariz. gov. rejects call for online learning

PHOENIX — Arizona’s Gov. Doug Ducey has rejected the state’s top education official’s call for Ducey to order public schools to use only online instruction for the next two weeks unless they have waivers from health officials. Amid a coronavirus surge in the state, Superintendent of Public Instruction Kathy Hoffman said Saturday that schools need […]

From Zoom to Quibi, the tech winners and losers of 2020

We streamed, we Zoomed, we ordered groceries and houseplants online, we created virtual villages while navigating laptop shortages to work and learn from home. In many ways, 2020’s pandemic-induced isolation threw our dependence on technology into overdrive, snipping away at our real-life connections while bringing digital relationships to the fore. But for every life-changing Zoom, […]