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Biden harshly hikes tariffs on Chinese imports to protect US businesses
The Biden administration has taken decisive action to protect US businesses by significantly increasing tariffs on…
Intel eyes $11b investment for new Irish chip plant
Intel is in talks with Apollo Global Management for an $11 billion investment in a new manufacturing facility in…
Polar Semiconductor to secure $120m grant from US gov.
Polar Semiconductor is poised to secure a $120 million grant from the US government to enhance its Minnesota-based…
S. Korea plans $7.3b support package for chip industry – FinMin
South Korea is increasing its efforts to dominate the global semiconductor industry with a support package of over…
SoftBank’s Arm to develop AI chips by 2025
Arm, a subsidiary of SoftBank Group, is venturing into the development of artificial intelligence (AI) chips with…
China’s BYD eyes 2nd Euro. EV plant by ’25
Chinese EV leader BYD is planning to expand further in Europe, with intentions to establish a second assembly plant…
China in advanced talks to join Digital Economy Partnership Agreement
China's accession to the Digital Economy Partnership Agreement (DEPA) appears closer than ever.
S. Arabia’s AI fund open to divest from China at US request
The head of Saudi Arabia's new $100 billion tech investment fund, Alat, signaled a willingness to sever ties with…
Microsoft to build $3.3b data centre in Wisconsin
US President Joe Biden is set to visit the political battleground state of Wisconsin on Wednesday, where he will…
China’s Nio teams up with BYD for new EV brand “Onvo”
Chinese electric vehicle (EV) maker Nio has partnered with competitor BYD to source batteries for its upcoming…