Sources: Foxconn's Tamil Nadu plant in India plans to deliver new iPhone 15s only weeks after Chinese factories; previously, output lagged China by 6-9 months
- Apple is diversifying iPhone supply chain away from China — India's push to become a manufacturing hub is bearing fruit
Internal documents: India accounts for $10B of Foxconn's annual revenue, or 4.6% of its 2022 revenue, as its India push shows the limits of “China plus one”
Financial Times : X: @birdyword , @financialtimes , @rmantri , @sushantsin , @pstasiatech , @chadbown , and @conradkbarwa X: Mike Bird / @birdyword : “Liu has said China accounts ...
Analysts and executives say the UK risks becoming an also-ran in the race to roll out 5G, despite starting in 2019, due to limited investment and the Huawei ban
Expansion of high-speed mobile networks hit by factors including limited investment and disruption from ban on Huawei kit
China restricts civilian drone exports, citing Russia's war in Ukraine and concern about military use; DJI pulled out of Russia and Ukraine in April 2022
https://apnews.com/... Twitter: @zagonel85 : China announced export controls on some drones and drone-related equipment, saying it wanted to safeguard “national security and intere...
Sources: senior EU and US officials are concerned about China's accelerated push into the production of older-generation chips made with 28nm equipment or above
- China is building more plants than others despite US sanctions — Officials are worried about impact on domestic chip plans
A look at South Korea's position in the tech “cold war”, as the country pivots away from China's economy and prepares to comply with the US-led China chip ban
albeit untrumpeted — pivot away from the Chinese economy. My latest Big Read for the FT: https://www.ft.com/... @financialtimes : South Korea's chips and batteries are vital to Was...
Sources: SoftBank-owned Arm is in talks to add Nvidia as an anchor investor while the company presses ahead with plans for a New York IPO as soon as September
World's most valuable semiconductor group discusses acquiring stake in SoftBank-owned chip designer ahead of New York listing
India targets December 2024 for the country's first domestically manufactured chips; Micron's new chip assembly and test facility breaks ground in August 2023
IT minister reveals ambitious timeline as part of push to expand tech manufacturing supply chain
A profile of Korean chip engineer Choi Jin-seok, who embarked on a quixotic mission to lead China's industry after his career stalled and faces IP theft charges
In 2006, a Korean engineer called Choi Jin-seok achieved a feat that earned him the nickname “master of semiconductor yield”.
Sources: at a May meeting, the Hong Kong Monetary Authority questioned HSBC, Standard Chartered, and Bank of China on why they were not accepting crypto clients
Regulators are pushing for banks to accept more exchanges as clients in quest to develop digital assets industry
Saudi Arabia's Savvy Games Group has spent ~$8B of its $38B war chest acquiring and building stakes in gaming companies globally in the past 18 months
Savvy shells out $8bn on deals in 18 months in rapid push to diversify revenues and acquire soft power
As a cottage industry of Chinese scammers target TikTok, three employees say cleaning up fraud on the app has fallen by the wayside amid a frantic growth push
Financial Times :
Sources: the Biden administration asked South Korea to urge Samsung and SK Hynix not to fill any market gap in China if Beijing bans Micron from selling chips
White House has tried to enlist Samsung Electronics and SK Hynix in its semiconductor battle with Beijing
Sources and analysts share insights on Apple's plans in financial services, as the company lays the technical groundwork for taking a bigger share of the market
The tech giant's ventures into financial services signal greater ambitions to take on Wall Street
A look at OpenAI's “red team” of 50 academics and experts, hired in 2022 to look for issues such as toxicity, prejudice, and biases in GPT-4 before its release
Microsoft-backed company asked an eclectic mix of people to ‘adversarially test’ GPT-4, its powerful new language model
Intel becoming a chip foundry is its biggest business shift in nearly 40 years, meaning US industrial policy rests on one of tech's most complex turnarounds yet
Once the leading player in the semiconductor industry, the company is attempting to pull off one of tech's most complex turnrounds
Sources: India is looking for alternatives to Pegasus to avoid the “PR problem” associated with the NSO Group, and is seeking to spend between $16M and $120M
Modi government seeks alternatives to software made by NSO Group following snooping scandals around the world Tweets: @yusufdfi , @advait_px , @apar1984 , @meenakandasamy , @langam...
Sources: Chinese AI surveillance firms iFlytek and SenseTime are evading US sanctions to access high-end chips through cloud providers and other intermediaries
Financial Times :
Q&A with sci-fi author Neal Stephenson about inventing the metaverse concept, his blockchain startup Lamina1, not using ChatGPT to help write novels, and more
Neal Stephenson's science-fiction writing has predicted (and inspired) innovations from cryptocurrency to Alexa. Tweets: @soundboy , @financialtimes , @jessefelder , @wachsman_ , @...
After a series of disastrous bets and a market downturn, SoftBank's future rests on a successful Arm IPO and turnaround at the mostly dormant Vision Funds
Kana Inagaki / Financial Times : Tweets: @financialtimes Tweets: @financialtimes : Arm now accounts for a bigger share of Softbank's net asset value than Alibaba, highlighting jus...