Tag: USA

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.]

Malaysia is unlikely to experience a recession due to its diversified economic structure. With services contributing 57%, manufacturing 24.3%, and agriculture and mining 14% to GDP, the country maintains economic stability through varied sectors and balanced international trade relationships.

U.S. and Japanese warships, led by USS Abraham Lincoln, perform first joint naval exercise in five years near Korean Peninsula, demonstrating military alliance and preparedness against potential North Korean provocations.

During Tuesday's morning rush hour, a masked gunman set off smoke grenades and fired multiple shots inside a Brooklyn subway train, injuring at least 10 people. Police are investigating Frank R. James, the van's renter, and examining his social media posts for potential connections to the attack.

Massive crowds of Imran Khan supporters took to the streets in cities across Pakistan, with youth playing a prominent role. Protesters waved party flags and voiced opposition to Khan's removal, demonstrating widespread support for the ex-premier and challenging the political transition.

President Joe Biden banned all Russian oil imports to the US, aiming to economically punish Russia for its invasion of Ukraine. The move follows Ukrainian President Zelenskyy's request and will likely lead to higher fuel prices for Americans, with Biden stating that "defending freedom is going to cost."

The FBI has released a declassified document about the 9/11 attacks, showing contacts between hijackers and Saudi officials. Ordered by President Biden, the 16-page report provides new insights while maintaining some redactions about potential Saudi government involvement.

In a significant diplomatic move, US President Joe Biden spoke with Chinese President Xi Jinping for the first time since his inauguration. The call raises hopes for de-escalating the ongoing economic and trade war that intensified during the Trump administration.

GlobalFoundries is investing $4 billion in a new chip factory in Singapore, joining rivals like TSMC and Samsung in expanding production capacity. The US-based company plans additional investments in Germany and the United States, aiming to address ongoing semiconductor shortages affecting multiple industries.