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WASHINGTON (Reuters) - A bipartisan group of U.S. senators on Thursday proposed a 25% tax credit for investments in semiconductor manufacturing as Congress works to increase U.S. chip production.
General Motors is hitting the accelerator on its drive towards electric autos, significantly boosting its near-term investments as it unveils new models and builds production capacity.
SEOUL (Reuters) -Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
A statement said that instead of banning the popular apps, the Biden administration would carry out a "criteria-based decision framework and rigorous, evidence-based analysis to address the risks" from Internet applications controlled by foreign entities.
TAIPEI (Reuters) -It is still too early to say whether the major chip companies that operate in Taiwan's tech hub of Hsinchu will be safe from the latest increase in COVID-19 infections, its mayor said, though chip giant TSMC said it had seen no impact so far.
Chip making giant Broadcom expects strong sales as demand for semiconductors continues to exceed supply.
US-China tech war: Apple puts China squarely at the apex of supplier list, bucking talk of decoupling and scrutiny of its vendors
Nearly one-third of the newly shortlisted companies are from the Chinese mainland, according to a Post analysis of Apple’s supplier list for 2017 and 2020. The increase in the number of mainland companies used by the iPhone maker highlights the importance of China in global hi-tech supply chains.
US-China tech war: Beijing-funded AI researchers surpass Google and OpenAI with new language processing model
The WuDao 2.0 natural language processing model had 1.75 trillion parameters, topping the 1.6 trillion that Google unveiled in a similar model in January. China has been pouring money into AI to try to close the gap with the US, which maintains an edge because of its dominance in semiconductors.
BERLIN (Reuters) - Software group SAP said on Wednesday it was launching a social network for businesses, creating a forum around some of its key product lines that will help connect companies and boost visibility across complex supply chains.
(Reuters) -Taiwan Semiconductor Manufacturing Co Ltd (TSMC) has started construction at a site in Arizona where it plans to spend $12 billion to build a computer chip factory, its chief executive said on Tuesday.