Tag: Technology

Telekom Malaysia and ZTE Malaysia announce strategic collaboration to build a hybrid cloud 5G core network. The three-year partnership focuses on innovative technologies like software-defined networking, hardware acceleration, and advanced data transfer methods, potentially revolutionizing future technological applications.

South Korea's semiconductor inventory rose 28% in January, marking the fastest increase since 1996. With chips comprising 12% of exports, the surge highlights a prolonged tech recession dampening economic growth. Global demand downturn and geopolitical tensions further complicate recovery prospects.

IBM collaborates with Rapidus, a new Japanese government-backed chipmaker, to develop cutting-edge semiconductor technology. This partnership aims to help Japan regain its competitive edge in chip production amid global technological tensions and supply chain challenges.

[The Semiconductor Equipment Manufacturers Industry (SEMI) predicts global semiconductor manufacturing equipment sales will hit US$108.5 billion in 2022, surpassing the previous record of US$102.5 billion in 2021. Front-end and back-end categories are expected to drive growth, though sales are projected to decline to US$91.2 billion next year.]

Norwegian Telenor and Malaysian Axiata Group have secured key approval for merging their local telecommunications units Celcom Axiata and DiGi.Com. The proposed $15 billion deal aims to create a stronger market competitor in Malaysia's competitive telecom landscape, with the new entity named Celcom Digi pending final regulatory approvals.

SK Hynix will invest 15 trillion won ($10.9 billion) to build a new semiconductor facility called M15X in Cheongju, south of Seoul. Construction begins in October 2023 and is expected to complete in early 2025, expanding the company's memory chip manufacturing capabilities.

Arizona Governor Doug Ducey celebrated Taiwan Semiconductor Manufacturing Corp's $12 billion investment in the state during a meeting with Taiwanese President Tsai Ing-wen. The investment underscores growing economic ties between Taiwan and the US in the semiconductor industry, amid increasing tensions with China.

The United States and European Union have signed a preliminary data transfer agreement, allowing European personal information to be stored in the U.S. President Biden and European Commission President von der Leyen announced the breakthrough during Biden's Brussels visit, bringing relief to thousands of companies.