A global provider of connectivity and internet services company, VEON Ltd. (NASDAQ: VEON) (Euronext Amsterdam: VEON) has reached an agreement to sell…
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BusinessNews
Germany Plans Investing Billions to Bring Semiconductor Production Back to Europe
by EC Editorby EC EditorAs part of a major European project, Germany wants to invest several billion euros into bringing semiconductor production back to Europe, with…
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BusinessNews
China’s Chipmaker Giant SMIC to Invest $8.87 Billion in New Chip Plant in Shanghai
by EC Editorby EC EditorChina’s Semiconductor Manufacturing International Corp (0981.HK) will invest $8.87 billion to build a chip plant in Shanghai, it said on Friday, expanding capacity amid…
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Semiconductor Manufacturing International Corp. (SMIC) Chairman Zhou Zixue resigns as the Chairman of the chipmaking company, citing health reasons amidst expansion of…
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BusinessNews
Semiconductor Shortage Pushes PV Industry to yet Cutdown Production; Tata Motors Joins the League
by EC Editorby EC EditorTata Motors will be forced to cutdown output in the coming months due to a shortage in the availability of semiconductors. The…