Samsung said it plans to build a $17 billion semiconductor factory outside of Austin, Texas, amid a global shortage of chips used in phones, cars and other electronic devices. “This is the largest foreign direct investment in the state of Texas, ever,” Texas Gov. Greg Abbott said in announcing the project Tuesday. Samsung said it […]
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Australian Prime Minister Scott Morrison on Wednesday announced a new plan to protect and promote technologies critical to the national interest, including quantum technologies, in a challenge to China’s emerging dominance in key strategic fields. The initial focus would be on nine critical technologies on a list of 63. The top nine include quantum technologies […]
Telecoms operators should be flying high. Over the past 20 months they have been a linchpin of societies and economies, keeping businesses going, families talking and us all hooked to Netflix. And yet, from February to December 2020, telcos created less value for shareholders than nearly every other sector, according to Bain & Company. This […]
The ultimate tech festival gave its last farewells to innovations, firm representatives, and intrigued visitors. From day one till the end, the emergence of technology was a breath-catching voyage taking us to the depths of innovation while modernizing our visualization of what the future holds for us. Tech companies from all around the globe centered […]
The inaugural day of GITEX Tech Week was filled with childlike excitement for almost all attendees. Your sense of scent is the first to be triggered when stepping into the halls of the event. Imagine the satisfactory smell of newly opened technology, a brand-new smartphone, laptop, or tablet, then multiply that times a million; truly […]
South Korean manufacturer Samsung marked its highest third quarter (Q3) in history as chip demand rises, on account of the market’s inflated semiconductor and smartphone consumption. Samsung’s quarterly sale outcome is the most promising in the company’s history, and the vendor has semiconductor and smartphone manufacturing to thank for that. The company’s operating profit is […]
Ericsson announced on Tuesday the deployment of its Business Support Systems (BSS) solutions to Qatari Telecommunications company Ooredoo, providing necessary support to sustain its monetization programs. Both companies agreed and authorized a five-year group frame agreement, setting the infrastructure for the latest adoption of Ericsson’s BSS solutions that will spread over several of Ooredoo Group’s […]
Dutch semiconductor equipment manufacturer ASML could witness an astonishing rise in share value as the U.S. rigidifies its grip on Chinese manufacturing, leading to one of the company’s highest production and valuation by 2030, fulfilled by directing Europe’s semiconductor demand. Since its emergence in the semiconductor manufacturing scene, ASML has globally played a massive and […]
Prime Minister Justin Trudeau said Tuesday that Canada will decide within weeks whether to allow Chinese tech giant Huawei into the country’s next-generation 5G wireless networks and noted that major telecommunication companies have already started to remove Huawei from their networks. Canada and its security agencies have been studying whether to use equipment from Huawei […]
As the world’s top technologically driven nations continue to transform innovative concepts into a reality, Australia risks falling behind without an interest to invest in digital technology-based research, IT professionals, and workers. That is according to a new report published by the Australian Academy of Science in collaboration with the Australian Academy of Technology and […]