Finance - Page 14

05/04/2025

New Chief Executive Officer Might Block Intel Split, TSMC’s Prepare for JV to Run Fabs

Resources exposed that TSMC has actually suggested a joint endeavor with leading united state chip developers (NVIDIA, Advanced Micro Gadgets and Broadcom) to run Intel’s chip shop. A Reuters record claimed Taiwanese business suggested joint endeavors can run Intel’s manufacturing facilities, which mentioned 4 resources. The proposition follows united state Head of state Donald
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20/03/2025

Tesla Starts Making Battery Megapacks in Shanghai

While Tesla creator Elon Musk remains to make headings for a collection of political growths in the USA and somewhere else, the firm’s battery service seems working out, with test manufacturing beginning at its Shanghai Megapack manufacturing facility and Establish a document for power storage space implementation in 2024. The Shanghai Megapack manufacturing facility
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23/03/2025

Taiwan in talks with Amazon's Kuiper for satellite network

Taiwan is seeking to partner with Amazon to develop the company’s new Kuiper Broadband Network satellite constellation, the island’s science and technology minister said on Tuesday, as the island looks to build communications resilience amid heightened aggression from China. Beijing considers the self-governed island its own territory and has not ruled out possible invasion
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23/03/2025

Bytedance ‘Strategies $20 Billion Expense on AI Facilities This Year’

Chinese technology titan ByteDance is anticipated to invest greater than 150 billion yuan ($ 20.6 billion) in capital investment this year, primarily on expert system. The business, which possesses TikTok, will certainly invest fifty percent of the funds on abroad synthetic intelligence-related facilities, such as information facilities and network tools, according to 2 resources
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22/03/2025

Iran's energy crisis intensifies, industries shut down

According to the New York Times, Iran is facing a “full-blown energy emergency” with government offices closed or reducing hours, schools and universities forced online, manufacturing has all but stopped, and highways and shopping malls are dark due to power outages. . Iran is normally one of the world's largest suppliers of natural gas
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22/03/2025

TikTok to Spend $3.8 Billion in Information Centre in Thailand

The Thai Financial Investment Payment (BOI) claimed on Wednesday that a proposition suggested by Chinese modern technology titan Tiktok has actually been accepted to develop an information facility of 127 billion baht (United States $ 3.8 billion) in the nation. This financial investment will certainly be performed by TIKTOK’s Singapore system Moms and dad
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22/03/2025

Chinese industry body says buying U.S. chips 'unsafe'

A Chinese industry association on Tuesday called on domestic companies to be cautious in buying U.S. chips, saying they were “no longer safe.” Four industry bodies say Chinese companies should buy locally made chips, amid Biden administration announcement The third round of chip industry export ban. These associations cover some of China's largest industries,
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22/03/2025

China urges support for those in need as economy slows

Chinese officials are urging local governments to provide more financial relief ahead of next month's holidays as the country's economy slows. They said the one-time stipend should be given to those in need because people are in need and the country's economic difficulties are expected to last until 2025. It is difficult for China's
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22/03/2025

Trump’s Cupboard And Top Advisers Deal Mixed Insights on China

Numerous participants of united state Head of state Donald Trump’s internal circle have deep understandings right into China, yet they are deeply separated over exactly how to handle a nation viewed as America’s largest competitor. Trump resisted on China on his very first day as head of state in the middle of deep distinctions
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22/03/2025

Chinese Carmakers ‘Eyeing German VW Manufacturing Facilities Ready To Shut’

Chinese carmakers have actually revealed rate of interest in Germany’s approaching manufacturing facility closures, specifically the Volkswagen plant. An individual acquainted with the Chinese federal government’s reasoning informed Reuters that purchasing a manufacturing facility in Germany’s very related to automobile market would certainly permit China to develop impact in a nation understood for its
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