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Chip-linked businesses in Japan enjoying brisk earnings

Chip-linked businesses in Japan enjoying brisk earnings Sorry, but your browser needs Javascript to use this site. If you re not sure how to activate it, please refer to this site: https://www.enable-javascript.com/ JIJI May 24, 2021 Semiconductor-related businesses in Japan are enjoying robust earnings thanks to growth in demand associated with the global wave of digitalization. Some logged record profits for their latest business years, while automakers in and outside the country are being forced to reduce vehicle output due to semiconductor shortages. Major chipmaking gear-maker Tokyo Electron Ltd.’s consolidated operating profit for fiscal 2020, which ended in March this year, jumped 35.1% from the previous year to hit a record ¥320.6 billion.

Ethiopia shuns China-backed consortium in favour of US-554358

Ethiopia shuns China-backed consortium in favour of US Sun Online Desk Representational Image Washington has gained a major victory in its push to challenge Beijing s economic influence around the world as a US-backed consortium beat another financed by China in a closely watched telecommunications auction in Ethiopia. According to The Wall Street Journal (WSJ), Ethiopia said on Saturday that it tapped a group of telecommunications companies led by the UK s Vodafone Group PLC to build a nationwide 5G-capable wireless network. The group had financial backing from a newly created US foreign aid agency for the multibillion-dollar project. The losing bidder was South Africa s MTN Group Ltd., whose proposal was financed partly by a Chinese investor.

Ethiopia shuns China-backed consortium in favour of US

Ethiopia shuns China-backed consortium in favour of US Ethiopia shuns China-backed consortium in favour of US Last Updated: Sun, May 23rd, 2021, 18:25:06hrs Addis Ababa [Ethiopia], May 23 (ANI): Washington has gained a major victory in its push to challenge Beijing s economic influence around the world as a US-backed consortium beat another financed by China in a closely watched telecommunications auction in Ethiopia. According to The Wall Street Journal (WSJ), Ethiopia said on Saturday that it tapped a group of telecommunications companies led by the UK s Vodafone Group PLC to build a nationwide 5G-capable wireless network. The group had financial backing from a newly created US foreign aid agency for the multibillion-dollar project.

Ethiopia shuns China-backed consortium in favour of US

Ethiopia shuns China-backed consortium in favour of US
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