The U.S. House of Representatives passed on Friday the $300 billion America COMPETES Act directed at supporting technological investments to compete with rivals in its semiconductor manufacturing. The Act will deliver extensive subsidies for manufacturing and research, all while improving the pre-existing U.S. trade policy as the country stands in a manufacturing face-off with China’s […]
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Toshiba Corp said it now aims to break up into two companies instead of three and also unveiled a big boost to planned shareholder returns in an effort to appease angry investors. Its revised plan is still expected, however, to face much pushback from foreign hedge funds, many of whom have been opposed to any […]
Asian investors can now buy and sell U.S. stocks during Korean business hours in real time through a partnership between Samsung Securities and U.S.-based off-exchange trading venue operator Blue Ocean Technologies LLC, the companies said on Monday. “This is the first time in the history of the U.S. markets where Asia Pacific investors, and Korean […]
Let’s picture a scene. You wake up, go through your morning routine, and get ready for work. You are not dressing up for show, but for comfort, and when the meeting or class has started, you slip on some glasses and noise-canceling headphones and dive in. Billions are being thrown into creating the Metaverse. Tech giants […]
“The customer is king” – this claim is anything but new in the telco industry, but now it is fortified by the amendment of the telecommunications act (TKG). In force since December 1, 2021, the update of the TKG especially grants customers additional rights with regard to termination periods, reimbursements, and transparency. Meanwhile, a new paradigm can […]
Automakers, including General Motors, Ford Motor and Hyundai Motor, predict a near two-year chip constraint will ease in the second half of 2022, but automotive chipmakers, on the other hand, expect a recovery to take longer. During their quarterly results reporting over the past two weeks, GM CEO Mary Barra projected the semiconductor shortage would […]
The U.S. House of Representatives was expected to pass on Friday a multibillion-dollar bill aimed at increasing American competitiveness with China and boosting U.S. semiconductor manufacturing, despite Republican opposition. The Democratic-majority House is expected to back the “Competes Act” largely along party lines. Passage would send the measure for negotiations with the Senate on a […]
Semiconductor company Qualcomm Inc. revealed one of its most robust quarterly earnings for 2022’s first quarter (Q1), showing high demand for smartphones and cars chips. “Demand remains strong across all of our technologies and continues to exceed supply,” Cristiano Amon, Qualcomm Chief Executive Officer (CEO), said during an analysts call, adding that supply shortages are […]
Toshiba Corp said on Friday it will invest about 125 billion yen ($1.09 billion) to more than double production of power management semiconductors, aiming to catch up with power chip giants such as Infineon Technologies AG. The Japanese industrial conglomerate will build a cutting-edge 300-millimeter fabrication plant in central Japan for power management chips, which […]
Through its 2021 European Partner Awards The award winners were recognised for their commitment to providing SIEM threat detection and migration capabilities for their European customers London, UK, 04 February 2022 – LogRhythm, the company powering today’s security operations centres (SOCs) has announced the winners of its 2021 European Partner Awards. The awards honour the achievements of […]