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TSMC Plans Second Chip Plant in Japans Kumamoto Prefecture

The largest contract chip manufacturer in the world, Taiwan Semiconductor Manufacturing Co. TSMC, is considering constructing a second facility in Kum

The largest contract chip manufacturer in the world, Taiwan Semiconductor Manufacturing Co. TSMC, is considering constructing a second facility in Kumamoto Prefecture, Japan. A formal announcement on the second factorys site is anticipated in February. To boost the prefectures economy in southwest Japan, TSMC plans to invest around 2 trillion yen, or $17.2 billion, in the new factory. On the other hand, possible problems, including traffic congestion and groundwater contamination, have drawn attention. Read More..

B2B Tech News | 2 months ago      

Cybersecurity Move U.S. Government Takes Action Against "Volt Typhoon"

"Volt Typhoon," a Chinese hacker outfit, purportedly had its networks interrupted by the U.S. government. The reported participation of this organisat

"Volt Typhoon," a Chinese hacker outfit, purportedly had its networks interrupted by the U.S. government. The reported participation of this organisation in efforts to breach essential infrastructure in the West, such as utilities, internet service providers, and naval ports, has alarmed intelligence authorities. There are worries that these hackers could be attempting to compromise American preparedness if China invades Taiwan. Volt Typhoons interruption is interpreted as reacting to the groups possible danger. The persistent cyber tensions between China and the United States are brought to light by this occurrence. Read More..

B2B Tech News | 2 months ago      

Germany Poised to Approve EUs AI Act Following Compromise

According to Volker Wissing, Germanys Digital Minister, a compromise has been found, and the country will accept the European Unions AI Act. To provid

According to Volker Wissing, Germanys Digital Minister, a compromise has been found, and the country will accept the European Unions AI Act. To provide a legal framework for the advancement of AI, the EU had already secured a tentative agreement on AI regulations in December. This compromise, which avoids unreasonable requirements and focuses on building reliable AI while improving for small and mediumsized firms, is deemed acceptable. Since AI is so important to many industries, the move is necessary for maintaining future competitiveness. Read More..

B2B Tech News | 2 months ago      

Italy Launches Enrico Mattei Plan with €5.5 Billion Investment in Africa

Giorgia Meloni, the prime minister of Italy, introduced the Enrico Mattei plan, an African development project designed to tackle migratory concerns,

Giorgia Meloni, the prime minister of Italy, introduced the Enrico Mattei plan, an African development project designed to tackle migratory concerns, at the opening of the ItalyAfrica summit. Italy intends to provide an initial €5.5 billion $5.95 billion for the initiative, with agriculture, energy, healthcare, and education projects to be carried out in partnership with African countries. With the EUs prohibition on Russian energy supply, the Mattei plan seeks to establish Italy as a significant European energy centre. The project addresses the underlying reasons for migration and emphasises how continents are interrelated, promoting an equitable partnership with Africa. Read More..

B2B Tech News | 2 months ago      

Teradyne Relocates $1 Billion Manufacturing Out of China Over U.S. Export Rules

Teradyne, a provider of semiconductor testing equipment, has shifted production worth around $1 billion out of China due to export laws from the Unite

Teradyne, a provider of semiconductor testing equipment, has shifted production worth around $1 billion out of China due to export laws from the United States. In response to U.S. regulations implemented in October 2022 that limited exports to semiconductor manufacturing facilities in China, the business moved production from a plant in Suzhou, which served as its primary manufacturing location for semiconductor test equipment. Teradyne experienced problems with its supply chain since some of its approved vendors would not ship to the firm. The action is part of a more significant push by American businesses to depend less on China in the face of regulatory constraints and geopolitical unrest. Read More..

B2B Tech News | 2 months ago      

Amazon and iRobot Scrap $1.4 Billion Merger Plans Amid Regulatory Opposition

Because US and EU antitrust authorities are against the proposed $1.4 billion merger, Amazon and iRobot have decided to scrap their plans. iRobot reve

Because US and EU antitrust authorities are against the proposed $1.4 billion merger, Amazon and iRobot have decided to scrap their plans. iRobot revealed a significant reorganisation plan that included Colin Angle, the companys creator, resigning as CEO and eliminating 350 positions, or around 31% of the staff. According to Amazon, there was no way for the proposed purchase to receive regulatory approval in the EU. The head of EU antitrust cited worries that the purchase would give Amazon the power to limit access to Amazon stores, forcing out iRobots competitors. Before the corporations announced their withdrawal, it was purported that the Federal Trade Commission FTC was prepared to reject the agreement. Read More..

B2B Tech News | 2 months ago      

Japanese Ministry of Industry Invests in Chip Development with $307 Million Subsidies

Japans industry ministry plans to donate around 45.2 billion yen $307 million in subsidies to encourage the advancement of optical technologies for ch

Japans industry ministry plans to donate around 45.2 billion yen $307 million in subsidies to encourage the advancement of optical technologies for chips to strengthen the nations semiconductor sector. The following businesses are involved in the initiative SK Hynix, NEC, Kioxia, Furukawa Electric, Shinko Electric, and Intel. The semiconductor industry wants to use optical technologies to lower power consumption and increase signal transmission speed. Amidst growing competition in sophisticated technologies, especially from China, Japan seeks to fortify its position in the chip industry and forge alliances with allies. Read More..

B2B Tech News | 2 months ago      

Saudi Railway Company Teams Up with "Sirar by STC" for Cybersecurity Boost

The Saudi Railway Company SAR and "Sirar by STC" have teamed up to improve the essential cybersecurity of the transit network. The partnership seeks t

The Saudi Railway Company SAR and "Sirar by STC" have teamed up to improve the essential cybersecurity of the transit network. The partnership seeks to offer cuttingedge cybersecurity solutions to protect Saudi Arabias vast railway network, enhancing traveller and freight security throughout the kingdom. Concerns about the cybersecurity of rail transport networks, regarded as essential national infrastructure, are rising, which is why the collaboration was formed. The issue for rail networks is integrating new advances with old technology, making the network more vulnerable to assault. This agreement will improve the cybersecurity posture of SARs railway network, and these concerns will be addressed. Read More..

B2B Tech News | 2 months ago