According to sources familiar with the matter at hand, the White House has issued warnings to the chip industry to diversify its supply chain in case Moscow decides to retaliate against threatened U.S. export curbs by blocking access to key… Read More ›
Strategy
ASML considering taking legal action against Dongfang Jinguan over alleged intellectual property theft
Much like its denial of hacking attacks as alleged by various global law enforcement agencies and government, China’s Dongfang Jingyuan Electron, which makes software for chip manufacturing procedures, has denied reports of alleged IP theft from Dutch lithography giant ASML… Read More ›
Intel launches chip for mining bitcoins, minting NFTs
In a statement Intel Corp said it has launched a new chip specifically designed for blockchain applications such as Bitcoin mining and minting NFTs to cash in on the rising usage of cryptocurrencies. Intel’s new chip is slated to ship… Read More ›
US Commerce Department adds 33 Chinese entities to export control unverified list
On Monday, the U.S. Commerce Department added 33 Chinese entities to its ‘unverified list’, saying it was unable to verify the legitimacy and reliability of those entities in relation to their use of U.S. exports. The Chinese entities includes listed… Read More ›
With increased EV sales, smart chargers are key to balancing load on power grid
The rising sale of electric vehicle (EV) has given rise to the question of how governments, power grid operators and charging companies will allow the charging of tens of millions of vehicles without crashing local networks or spending billions upgrading… Read More ›
Record Revenue Posted By China’s Biggest Chipmaker SMIC Despite U.S. Sanctions
Despite a global chip scarcity, China’s largest chipmaker, Semiconductor Manufacturing International Corporation, recorded record revenue and profit last year. SMIC’s sale for 2021 was $5.44 billion, up 39 per cent year over year, the greatest rate of increase since 2010…. Read More ›
Big Oil CEOs Warn That Consumers Will Face Years Of High Energy Prices
The heads of the largest oil and gas firms of the world have warned that people should get themselves ready to pay high prices for energy for years to come. This comment from the top executives of energy companies also… Read More ›
Crypto Exchange Binance Will Invest $200m Against A Stake In Forbes
Binance, one of the world’s largest cryptocurrency companies, will invest $200 million in Forbes, in the latest twist in the 105-year-old history of the media brand. Forbes, known for its billionaire rankings, said the agreement will help it become a leader… Read More ›
After ‘Rug Pull’ Warnings, Coinbase Removes Cryptocurrency Links
Coinbase Global has withdrawn ‘how to buy’ directions for at least three crypto tokens that have been issued ‘rug pull’ warnings which claim that investors may lose money. The company added that it aims to tighten safety. According to Jaclyn Sales,… Read More ›
US State Department approves $13.9 of F-15ID fighter jets to Indonesia
In a statement the Pentagon said, the U.S. State Department has approved the potential sale of F-15ID fighter aircraft and related equipment to Indonesia in a deal valued at up to $13.9 billion. Indonesian Defense Minister Prabowo Subianto said, Indonesia… Read More ›