In this digital age, telecommunication has become an integral part of our lives. People are constantly worried about their data privacy when they access a program or smartphone. Cyber-attacks can happen to anyone using technology, including telecommunication companies. Cybercriminals are developing new and sophisticated methods to breach data security and steal sensitive information as technology […]
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ASML Holding NV on Wednesday warned growing global trade and export controls pose a threat to its business, but it does not expect new restrictions on exports to China to affect 2023 earnings. In a discussion of risks in its annual report, the top supplier of equipment to semiconductor makers outlined how it has already […]
The China Semiconductor Industry Association (CSIA), the country’s top chip industry trade group, opposes reported export controls from the United States, Japan and the Netherlands, it said on Wednesday. The restrictions, should they become a reality, “will cause serious harm to the semiconductor industry in China, with detriment to the global economy, as well as […]
Chinese chip design company Unisoc (Shanghai) Technologies Co is seeking to raise 10 billion yuan ($1.5 billion) in a new funding round that will value the firm at about 70 billion yuan ($10.3 billion), three people with knowledge of the deal told Reuters. Unisoc has approached several state-backed investment funds for the round, tapping increased […]
We can all gain a lot from the digital world. It offers platforms that let us communicate and work together. It creates an opportunity for learning about new, significant topics and fosters innovation in previously unthinkable ways. Getting everyone online and bridging the digital divide calls for a multifaceted strategy. More is needed to offer […]
MTN Group will invest $1 billion in Ghana over the next five years, the mobile operator said on Wednesday, after the government exempted its Ghanaian unit from tax claims worth about $773 million. The investment comes on the heels of the Ghana Revenue Authority exempting the company’s bill for back taxes earlier this month after […]
Taiwanese chipmaker TSMC said on Tuesday its board had approved a plan of capital injection of up to $3.5 billion to TSMC Arizona. TSMC in December tripled its planned investment at the Arizona chip plant, which began construction late last year, to $40 billion. The company said the capital injection is part of the planned […]
Sandbox AQ, a startup spun off from Alphabet Inc last year, said on Tuesday it raised $500 million as it helps customers prepare for a quantum computing future. Quantum computers, whose processors run based on quantum physics, could one day carry out certain calculations millions of times quicker than today’s fastest super computers, yet they […]
Palantir Technologies on Monday forecast its first profitable year and said it had slowed hiring, cut stock-based payouts and reduced cloud computing investments in response to lower spending from recession-wary businesses. The forecast, coming on the back of better-than-expected fourth-quarter results, sent the data analytics software maker’s shares up 16% after hours and was set […]
In the digital age, telcos have become the natural partner of many industries, including the metaverse. Our interest in this article lies in the fintech sector. In a previous article, we stated why telecom companies are attractive to the fintech industries. Through such a partnership, these two industries hope to expand their services to the […]