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Wednesday 5 June 2024
Cisco to invest US$1 billion in AI startups as industry booms
Cisco Systems Inc. plans to invest US$1 billion in startups that are working on what it calls "secure and reliable" artificial intelligence services, part of a push to be a bigger...
Wednesday 5 June 2024
Unisoc reportedly raises funds worth over US$552 million
China-based IC design major Unisoc reportedly successfully raised funds worth CNY4 billion (US$552 million). Unisoc is likely to secure further investment from Chin's Big Fund Phase...
Wednesday 5 June 2024
US chip vendors applaud TSMC, other Taiwanese partners support
The CEOs of major US chip makers attended this year's Computex and all lauded Taiwan's industry supply chain led by TSMC.
Monday 3 June 2024
Microsoft makes US$3.2 billion AI bet on Swedish data centers
Microsoft Corp plans to invest $3.2 billion in artificial intelligence and cloud facilities in Sweden, its largest-ever infrastructure bet in the Nordic country drawing on the region's...
Monday 3 June 2024
SPIL invests US$1.276 billion to build facility in Penang, Malaysia
Semiconductor packaging and testing company Siliconware Precision Industry Ltd. (SPIL) announced recently that it will invest MLR 6 billion (US$1.276 billion) to build a packaging...
Monday 3 June 2024
Why China needs US$47.5 billion for Big Fund Phase 3 when chip oversupply is already a concern?
Announcing a US$47.5 billion funding for Phase 3 of the National IC Industry Investment Fund (the "Big Fund"), China's next move is under the eye of global chip players.
Thursday 30 May 2024
Google to invest US$2 billion in Malaysia, build data center
Google committed to making $2 billion in investments in Malaysia, including developing its first data center and a cloud facility.
Thursday 30 May 2024
Malaysia plots US$5.3 billion roadmap to build advanced chip ecosystem
Malaysian Prime Minister Anwar Ibrahim announced the National Semiconductor Strategy (NSS), with the government allocating MYR25 billion (US$5.3 billion) to foster industry develop...
Thursday 30 May 2024
US-made SUVs, Jeep cars will bear the brunt if China retaliates with tariff rise
The US Biden administration will increase the tariffs on China-made EVs from 25% to 100% on August 1. China has vowed to retaliate and could raise tariffs on cars with engines larger...
Thursday 30 May 2024
Chinese AI chipmakers face US ban but remain optimistic
Top Chinese AI chipmakers SenseTime, iFlytek, and Biren have all been included in the US Department of Commerce's Entity List.
Wednesday 29 May 2024
Malaysia to attract US$107 billion of semiconductor investments
Amid the global shifts in the chip industry, Malaysia is promoting its neutrality, non-alignment, and established IC backend industry as key advantages to advance and build a more...
Tuesday 28 May 2024
China can break through US EUV ban with mature-node innovation, but how?
China's Huawei claims to have successfully achieved domestic substitution of using its self-developed 7nm and 5nm chips in its smartphones and has boosted market standings of HiSilicon...
Tuesday 28 May 2024
LGES retools its first North American plant amid soft EV demand
Battery maker LG Energy Solution will enhance its plant in Michigan to strengthen the facility's role as the mother factory in North America. The South Korean company is building...
Monday 27 May 2024
China creates US$47.5 billion chip fund to back nation's firms
China has set up the country's largest-ever semiconductor investment fund to propel the development of the domestic chip industry, the latest effort from Beijing to achieve self-sufficiency...
Monday 27 May 2024
US lawmakers, Nvidia boss visit Taiwan after Chinese drills
A bipartisan delegation of US lawmakers and Nvidia boss Jensen Huang arrived separately in Taiwan on Sunday, a day after China ended its biggest military exercise in a year around...