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BBCNEWS World Business Report July 6, 2024 - Vimarsana News

BBCNEWS World Business Report July 6, 2024

we begin today with samsung electronics. it's forecasting a likely 96% plunge in first—quarter operating profits. in a preliminary earnings report, the world's largest memory chip and tv manufacturer estimated its operating profit fell to $455 million for the first three months of the year. samsung electronics is going to release its full earnings later this month. katie silver sent this report from the bbc�*s asia business hub in singapore. in its preliminary estimates, samsung says its operating profits fell by about $450 million in the january—march period this year, when co...

Micron To Get $6.14 Bln For Memory Chip Production In US - Vimarsana News

Micron To Get $6.14 Bln For Memory Chip Production In US

President Joe Biden announced that the Department of Commerce has reached a preliminary agreement with Micron Technology, Inc. to provide $6. 14 billion in direct funding under the CHIPS and Science Act.

Japan extends subsidies to downturn-hit Kioxia, Western Digital, ET Telecom - Vimarsana News

Japan extends subsidies to downturn-hit Kioxia, Western Digital, ET Telecom

Western Digital: Japan's powerful industry ministry aims to reclaim the country's lost position as a major chip centre by extending subsidies to domestic and foreign chipmakers and secure chip supply amid trade tensions between China and the United States.

South Korea Unveils $473B Plan for World's Largest Semiconductor Hub by 2047 - Vimarsana News

South Korea Unveils $473B Plan for World's Largest Semiconductor Hub by 2047

The proposed "semiconductor mega cluster" will stretch across 8.1 square miles, from Pyeongtaek to Yongin, and boasts a substantial investment of 622 trillion won.