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TOKYO: Japan must put at least a trillion yen (US$9bil or RM37bil) toward chip development this fiscal year and trillions more after that, if it is to have any hope of reviving its national industry, according to the government’s lead adviser on its new semiconductor strategy.
NEW YORK: GlobalFoundries Inc will build a US$4bil (RM16.4bil) chipmaking plant in Singapore slated to start in 2023, choosing Asia for the site of its latest expansion despite Biden administration calls to bring home semiconductor manufacturing.
SINGAPORE: Chipmaker GlobalFoundries said on Tuesday it will spend $6 billion to expand capacity at its factories in Singapore, Germany and the United States amid a chip shortage that is hurting automakers and electronics firms globally.
SEOUL: South Korea’s exports are set to climb by double digits again in June as the global economy shakes off the effects of the pandemic, though a slower pace from recent months suggests the days of outsize gains may have passed.
LOSS-MAKING copper wire and rod maker Ta Win Holdings Bhd says it will soon be reporting a profit in the coming fourth quarter (Q4)of its financial year ending June 30, 2021 (FY21) following several corporate moves it had made to diversify its business last year.
KUALA LUMPUR: PCCS Group Bhd’s net profit fell to RM5.91mil in the fourth quarter ended March 31 against RM9.13mil in the same period a year ago.
KUALA LUMPUR: The Malaysia Semiconductor Industry Association (MSIA) urges the government to approve more on-site vaccination centres as its member companies are ready, willing and able to support this effort.
LONDON: The world’s emergence from the coronavirus pandemic is set to unleash a wave of spending by older consumers, with increasing opportunities for investors in ageing-linked stocks.
STOCKHOLM: Microsoft on Sunday showcased 30 upcoming games and said most of those titles will be available on its monthly subscription service, Xbox Game Pass.