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Memory crunch to persist as oversupply risks remain low: Phison CEO
Supply Chain Kioxia-backed chip developer to expand in U.S., Malaysia, India as AI booms Phison’s CEO K.S. Pua says it could be unhealthy for industry development if memory chip prices continue to surge. TAIPEI — The global memory chip supply crunch could last much longer than expected as China and the U.S. race to build up their […]
Meta raises 2026 capex to $145 billion amid AI spending boost
Meta, owner of social media platforms including Facebook and Instagram, announced results for the first quarter on April 29. © Reuters PALO ALTO, California — Meta reported upbeat quarterly results Wednesday after the bell with 33% year-over-year revenue growth, but investors questioned a ramp up on AI spending with annual capital expenditure guidance rises.
Between guns and butter, Japan decides on both
Defense Tax cuts and subsidies to go ahead even as defense spending set to rise Japanese Prime Minister Sanae Takaichi with U.S. President Donald Trump on the USS George Washington aircraft carrier docked at Yokosuka City, Japan, late last year. © Kyodo TOKYO — Japan is poised to raise defense spending, but is not trimming in […]
Brazil cracks down on insurance covering illegally deforested farmland
Environment Major insurers based in Japan and Europe among those offering crop insurance Parts of the Amazon rainforest are often deforested and burned to clear way for new farmland. © Reuters SAO PAULO — The Brazilian government will enact a comprehensive ban against insurance policies covering farmland cultivated in illegally deforested fields, in an effort […]
Agreement between Mercosur and the European Union is made official and comes into force on May 1st
Ricardo Stuckert / PR President Luiz Inácio Lula da Silva signed this Tuesday (28), at Palácio do Planalto, the decree promulgating the agreement between Mercosur and the European Union (EU). The treaty should enter into force, provisionally, from May 1st in Brazil. Super Rectangle (728×90) – Position 17 The measure is the final […]
Chinese-owned AESC sells controlling stake in US battery factory
Energy Sale to Fixx Energy comes amid tightened restrictions on China-linked firms A licensing agreement that is part of the deal will allow AESC technology to be be used in battery cells that will be sold under Fixx Energy. (Photo by Yuki Kohara) BRISBANE, Australia — Chinese-owned battery maker Automotive Energy Supply Corp has sold a […]
Extortion is latest Russian war tactic targeting Ukraine families
Ukraine war Mothers and wives receive calls claiming to know loved ones’ whereabouts A mother and son walk past families holding a banner showing the photographs of 12,600 prisoners of war and missing people, in Kyiv on April 6. (Photo by Eiji Furukawa) KYIV — The man spoke in Russian in a calm, businesslike tone. […]
How toilet maker Toto turned its ceramics know-how into an AI play
Semiconductors Chipmaking materials are now its cash cow, but stock market remains unimpressed Toto manufactures three core products for chipmaking equipment: electrostatic chucks, upper left, aerosol deposition components, lower left, and durable structural parts used in equipment for producing large LCD panels. (Toto) TOKYO — Japan’s Toto may be best known for churning out toilets, bathtubs […]
Indian military drone exports set to enter multifold growth phase
An Indian Army officer displays a cutting-edge surveillance drone in Kargil, India, on July 26, 2025. India’s military drone manufacturers have ambitions to increase overseas shipments of the weapons, which likely made up less than 5% of total defense exports in the fiscal year that ended in March. (Photo by Nasir Kachroo/NurPhoto via Getty Images) MUMBAI — The Indian military […]
Thailand keeps policy rate unchanged at 1% as expected
Economy Central bank leaves room for future cuts amid Middle East uncertainties Economists expected the Bank of Thailand to leave its policy rate unchanged at its meeting on April 28. © Reuters APORNRATH PHOONPHONGPHIPHAT BANGKOK — Thailand’s central bank on Wednesday kept its policy rate unchanged at 1%, leaving room for future cuts amid economic uncertainties posed […]