Page 41 - Dan Wang News Today

The global shortage of semiconductors is not letting up, with governments and multinationals scrambling to resolve the situation sooner rather than later.

BJ’s Wholesale Club Chief Executive Dies Unexpectedly Last Updated This briefing has ended. Follow our latest coverage of Lee Delaney joined BJ’s in 2016 as executive vice president and chief growth officer, and he became chief executive last year.Credit...Gretchen Ertl/Associated Press Lee Delaney, the president and chief executive of BJ’s Wholesale Club, died unexpectedly on Thursday of “presumed natural causes,” according to a statement released Friday by the compan...

UMMS establishes gene therapy collaborative research agreement with Pfizer Researchers will evaluate productivity and quality determinants of recombinant adeno-associated virus production UMass Medical School Communications April 08, 2021 UMass Medical School has entered into a three-year, collaborative research agreement with Pfizer to evaluate determinants that influence the manufacturing quality and yield of viral vectors used in gene therapy. The research is being jointly condu...

A British banking start-up will allow workers to work abroad for up to 2 months a year. Revolut’s office in London in 2018. The banking start-up is offering its workers the opportunity to work abroad for up to two months a year.Credit...Tom Jamieson for The New York Times April 8, 2021, 1:36 p.m. ET Before the pandemic, companies used to lure top talent with lavish perks like subsidized massages, Pilates classes and free gourmet meals. Now, the hottest enticement is permission to work not jus...

Taiwan dominates the foundry market, or the outsourcing of semiconductor manufacturing. Its contract manufacturers together accounted for more than 60% of total global foundry revenue last year, according to data by Taipei-based research firm TrendForce. Much of Taiwans dominance can be attributed to Taiwan Semiconductor Manufacturing Co or TSMC, the worlds largest foundry that counts major technology firms such as Apple, Qualcomm and Nvidia as its clients. TSMC accounted for 54% of total found...

The European Union is pledging more than $150 billion to develop next-generation digital industries this decade as it seeks to reverse a widening gap with the U.S. and East Asian rivals in advanced technologies like chips and artificial intelligence.

A steady supply of chips is essential for modern economies

Beijing is set to send a message of unparalleled success in its economic recovery from the COVID-19 pandemic and detail how it will achieve new targets over the next five years during this year’s two sessions, Malaysia’s news website The Star Online reported. A total of 5,000 delegates from the National People’s Congress, the country’s ...

Huawei Is Reportedly Looking To Develop Its Own Electric Cars: U.S. sanctions are apparently forcing the company to change directions away from telecommunications.

"There are two ways to address this. One way is to relax the birth control, something (that) will help on the margin, but even if they fully relax the control (its) probably difficult to reverse the trend," said Zhiwei Zhang, chief economist at Pinpoint Asset Management. "The other way to deal with it, from an economic policy perspective, is to make industry more dependent on other sectors," he said. Chinas economy has relied heavily on industries such as manufacturing that require large amount...