Tag: USA
IBM partners with new chipmaker Rapidus to make up lost ground
IBM is collaborating with Rapidus, a new Japanese government-backed chipmaker, to develop advanced semiconductor technology. This partnership comes amid global chip shortages and geopolitical tensions, with Japan seeking to regain its competitive edge in semiconductor manufacturing and secure critical technology for its automotive and IT industries.
Global semiconductor equipment sales to hit record US$108.5bil this year
The semiconductor equipment industry is set to achieve a record-breaking US$108.5 billion in sales for 2022, surpassing the previous year's US$102.5 billion. SEMI predicts continued growth in front-end and back-end manufacturing categories, despite an anticipated market decline to US$91.2 billion in 2023.
Malaysia unlikely to go into recession due to economic diversification
Malaysia's economy remains robust due to its diversified sectors, with services contributing 57% and manufacturing 24.3%. The country's reduced dependence on commodities and varied trading partners provide economic resilience against potential downturns.
Japan, US hold navy drills off Koreas amid nuke test worry
US and Japanese warships, including USS Abraham Lincoln carrier strike group, perform first joint naval exercise in five years. The drills aim to demonstrate military alliance and deter potential North Korean provocations amid growing regional tensions.
Police focus on van renter in Brooklyn subway shooting probe
A masked gunman triggered smoke grenades and fired 33 bullets during rush-hour subway train, injuring at least 10 people. Authorities investigating Frank R. James and examining his social media posts for potential connection to the violent incident.
Hundreds Of thousands hit Pakistani streets to protest Imran Khan’s ouster
Massive crowds of supporters, predominantly youth, filled streets across Pakistan's major cities, waving flags and expressing solidarity with former Prime Minister Imran Khan after his parliamentary no-confidence removal.
Biden bans Russian oil, warns of higher prices at US pumps.
President Biden announces complete ban on Russian oil imports as a response to Ukraine invasion, emphasizing solidarity with Ukrainian President Zelenskyy and potential economic consequences for American consumers.
FBI releases first declassified 9/11 document after Biden order
The FBI has released its first declassified document about the September 11, 2001 attacks, following President Biden's executive order. The 16-page report highlights contacts between hijackers and Saudi officials but does not conclusively prove government involvement.
The first direct contact between Biden and the Chinese president.
The US president spoke to the Chinese president for the first time since taking office.
Washington / Beijing: US President Joe Biden has spoken over...
Chipmaker GlobalFoundries plans US$6bil expansion in Singapore, US, Germany.
GlobalFoundries is investing US$6 billion in new semiconductor manufacturing facilities, with a primary focus on Singapore. The expansion aims to address ongoing global chip shortages affecting industries like automotive and consumer electronics, while responding to strategic manufacturing priorities.
