The world’s biggest factory and most populous nation has opened for business after three years, leading to a surge in demand as well as concerns it will add to global inflationary pressures. But economists say investors need not worry too much. China’s swift dismantling of a zero-COVID policy has come as global central banks are […]
Inside Telecom
Airbus, the world’s largest planemaker, is seeking to become the No. 1 investor in Atos’ soon-to-be spun-off division Evidian, France’s beleaguered IT consulting firm said amid scrutiny on an asset deemed strategic by the government. If successful, the deal would make Airbus the key industrial partner of Evidian and give it a say over the […]
Unfortunately, much of today’s world was built to cater to non-disabled people. Nevertheless, society has become more aware of this solemn fact in recent decades. As a result, communities worldwide have been making places in their spaces for people with health conditions and impairments. With that said, what constitutes a disability is still stigmatized and […]
The U.S. Justice Department has in recent months escalated its long-running antitrust probe on Apple Inc, the Wall Street Journal reported on Wednesday citing people familiar with the matter. Reuters previously reported the Justice Department opened an antitrust probe into Apple in 2019 to review whether technology giants were using their size to act in […]
Nokia and Kyndryl have extended their partnership for three years after clocking up more than 100 customers for automating factories using 5G wireless networks, following their first tie-up a year earlier. Big technology firms have been partnering with telecom gear makers such as Nokia to sell private 5G networks to customers, mostly in the manufacturing […]
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 […]
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 […]
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 […]