South Korean chip engineer detained in China under expanded espionage laws
Updated law now includes penalties for those accused of leaking ‘work secrets’
Updated law now includes penalties for those accused of leaking ‘work secrets’
Will support hardware development and talent growth in the city state
Highest quarterly operating profit ever recorded by the memory chip manufacturer
Company is looking to streamline foundry business in wake of disappointing Q3 results
Environmental assessments for two newly announced fabs to begin shortly
Expected $6.8bn profits for quarter lower than company hoped for
Will have more than 90 exaflops of AI performance at full capacity
Production of increasingly advanced chips causing power crunch
Latest layoff round to impact workers in Southeast Asia, Australia, and New Zealand
Was not expecting significant impact from Typhoon Krathon
Machines located in Pune, Delhi, and Kolkata
Investment in project will total around $11bn
Company currently employs more than 3,000 people in the country
Company is also looking to resolve strike action taking place at Indian factory
Union wanted an eight percent increase but was offered 5.7 percent
Plans to start selling products in 2027
Approximately 900 workers at factory near Chennai have walked out
Will be constructed in Maharashtra, India
Construction can start later this year after the JV was approved
Two countries also agreed to collaborate on digital technologies and skills
Diamond quantum accelerators will be integrated with classical HPC systems
Process node not slated for mass production until late 2026
Chinese officials have reportedly claimed access to minerals could be restricted
Partnership set to “drive greater utilization” of companies’ respective GPU clusters