Tag: Technology Company
SK Hynix to invest US$11bil in new South Korea chip plant
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 Gov. Ducey hails Taiwan semiconductor investment
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 US, EU sign data transfer deal to ease privacy concerns
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.
