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Japan offers $300 mln backing for chip research organisation

Japan’s trade ministry said on Friday it would offer backing worth up to 45 billion yen ($301 million) to an organisation, including chip foundry venture Rapidus, for research into cutting-edge semiconductor technology. The Leading-edge Semiconductor Technology Center (LSTC) is chaired by Rapidus Chairman Tetsuro Higashi and includes research institutions and universities. The support comes at…

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Unveiling the Transformative Power of Science and Technology: Shaping the Future of Humanity

In today’s rapidly evolving world, science and technology have become the driving forces behind progress and innovation. From advancements in medicine and healthcare to breakthroughs in communication and transportation, the impact of science and technology permeates every aspect of modern life. This article aims to explore the transformative power of science and technology and its…

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In Q4, Apple’s iPhone Shipments in China Decline by 2% while Huawei Increases Market Share

BEIJING, Jan 25 (Reuters) – Apple’s (AAPL.O), opens new tab smartphone shipments in China shrank 2.1% in the final quarter of 2023 from the same year-ago period, hurt by intensifying competition from local rivals led by Huawei, data from research firm IDC showed on Thursday. The drop underscores the challenges facing the U.S. firm in its third…

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Financial Regulator Announces China’s Intensified Initiatives to Attract International Companies

Despite achieving a 5.2% growth in 2023, China’s economy faced greater fragility than anticipated by many observers, primarily attributed to the escalation of local government debt and a deepening real estate crisis. According to the country’s top financial regulator, China will step up efforts to draw in international businesses and won’t back down from its…

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