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Prime Minister Rishi Sunak is taking a small step in the right direction. After much hesitation, Britain announced on Friday it would invest 1 billion pounds in its domestic semiconductor industry, with a focus on chip designs. The approach makes sense. Britain plays a relatively insignificant role in chip manufacturing, which is dominated by Taiwanese giant Taiwan Semiconductor Manufacturing Company (TSMC) . Nor does it produce the equipment needed to build advanced chips, the realm of Dutch giant ASML . But the UK is home to top chip designers Arm and Imagination Technologies. With over 110 semiconductor design firms, Britain can probably claim to be Europe’s leader in the segment. ....
The instinct is to sell. Asia technology companies from Singapore to China are making the right noises on cost cutting and are mostly moving in the right direction but can’t do enough to please investors. The market’s high expectations are a sticky problem for a sector on the mend. ....
India has approved a three-month trial of Battlegrounds Mobile India (BGMI), a popular battle-royale format game that was banned for nearly a year, a minister from the government said on Friday. ....
China's Tencent Holdings Ltd marked a return to revenue growth in the first quarter as it recovered from COVID-19-related disruptions and a regulatory freeze on gaming licences a year earlier. ....
Big tech companies accounting for more than 5% of a telecoms provider's peak average internet traffic should help fund the rollout of 5G and broadband across Europe, according to a draft proposal by the telecoms industry. ....