GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
Hackers stole data center logins for Apple, Microsoft, and many more
Around 2,000 companies and China's foreign exchange platform that use two data centers in Asia are seeing a number of their login passwords being offered for sale by hackers.Major data centers run by GDS Holdings in Shanghai and ST Telemedia Global D.....»»
Chinese startup Cambricon gets new funds to advance 7nm chips for ChatGPT-like applications
China-based AI chip startup Cambricon Technologies, already listed on the Sci-Tech Innovation Board of the Shanghai Stock Exchange, recently has been approved to issue CNY1.672 billion (US$244.087 million) in A-shares to specific target investors, al.....»»
Deepwatch raises $180 million to accelerate platform innovation
Deepwatch has unveiled a total of $180 million in equity investments and strategic financing from Springcoast Capital Partners, Splunk Ventures and Vista Credit Partners, a subsidiary of Vista Equity Partners and strategic credit and financing partne.....»»
Adobe"s Figma buy blocked, until EU decides if it can proceed
Anti-trust regulators in the European Commission are going to assess Adobe's recent decision to acquire design rival Figma to see if it would decrease competition.The EU will assess the Figma buyoutAdobe announced the beginning of a "definitive merge.....»»
TSMC to pour up to US$3.5 billion into Arizona fab
The board of directors of TSMC has approved an investment of up to US$3.5 billion in TSMC Arizona, a wholly-owned subsidiary of TSMC, according to the pure-play foundry......»»
Samsung borrows from subsidiary to secure working capital
As industry downturn persists, Samsung Electronics has decided to make an exception and borrow 20 trillion won (approximately US$15.637 billion) from its subsidiary Samsung Display (SDC) in order to secure working capital, which has garnered much att.....»»
Ford cites new tax credits in picking Michigan for $3.5B battery plant
The plant is slated to open in 2026 as a wholly owned Ford subsidiary using technology from partner CATL, based in China......»»
The era of globalization isn"t over, new study argues
Reports of globalization's death are premature, according to a new study by researchers at the University of Waterloo, the University of British Columbia and the China Europe International Business School in Shanghai......»»
Amkor reportedly to close Shanghai plant for 1 week to cut costs
A slowdown in customer orders has forced all staff at OSAT Amkor Technology's production site in Shanghai, estimated at about 5,000 people, to take vacation for about a week, according to local media reports in China......»»
Two-beam ultrafast laser scribing of ultrafine graphene patterns
The Nobel Prize in Chemistry 2014 was awarded for the development of super-resolved fluorescence microscopy. Inspired by this work, scientists at Institute of Photonic Chips (IPC), University of Shanghai for Science and Technology (USST) have develop.....»»
Semi equipment suppliers Acter, Novatech to see quarterly revenue growth
Cleanroom and turnkey equipment provider Acter and Nova Technology (Novatech), a subsidiary of Acter specializing in chemical and gas equipment, are guardedly optimistic about their operations in the first quarter of 2023, but expect their revenue to.....»»
China-based Kaimeite Gases becomes qualified supplier of ASML subsidiary
A subsidiary of China-based Hunan Kaimeite Gases has recently announced that its lithography gas product has been certified as a qualified supplier of Cymer, a subsidiary of Dutch chipmaking equipment manufacturer ASML. This announcement, dated Feb......»»
UK regulator shoots down Microsoft"s $68.7B Activison deal
The UK's Competition and Markets Authority has issued a provisional report declaring that Microsoft buying Activision Blizzard will result in reduced competition in the gaming market.Microsoft agreed to acquire Activision Blizzard in a $68.7 billion.....»»
GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
China launches pilot program to electrify vehicles in public sector
Eight China government agencies jointly announced a pilot program on February 3 to increase EV adoption in public-used vehicles, including city buses and taxis. For major cities like Beijing and Shanghai, the goal is to pursue 100,000 electric cars b.....»»
"23 buy-sell activity to build off busy "22, "21
While there's a mix of predictions on how many dealerships will trade hands in 2023, some professionals arranging transactions and dealers looking to acquire indicate the buy-sell market will be just as busy as the past few years......»»
Losing the natural world comes with major risks for Australia"s super funds and banks
As the economist Herman Daly pithily said, the economy is a wholly owned subsidiary of the environment—not the reverse. Nature makes our lives possible through what scientists call ecosystem services. Think healthy food, clean water, feed for lives.....»»
Acer e-Enabling Service Business to establish subsidiary in China
Acer e-Enabling Service Business (AEB), Acer's subsidiary provider of cloud computing-based digital solutions, will set up a subsidiary in Shanghai, China, in the first half of 2023, according to company president Chou Hsin-jung......»»
Apple Original film "Tetris" set to premeire at SXSW
"Tetris" will premiere worldwide in March at South by Southwest 2023 and will launch on Apple TV+ soon.The film follows Henk Rogers, a video game salesman, on a quest to acquire the rights to Tetris. Taron Egerton ("Rocketman,") stars as Rogers.Nikit.....»»
GM to co-develop Nevada lithium mine as it ramps up EV production
The automaker says it will acquire a $650 million equity stake in Lithium Americas Corp. in a deal that will produce enough lithium for 1 million EVs a year......»»