Photo: A silicon wafer used in semiconductor chip manufacturing (file image)
Technology & AIEU to invest €525 million in chip startups in bid to close the gap with the US and China
The European Union will put €525 million into chip startups, including €440 million in grants and €85 million for a new European Chips Design Platform, as Brussels tries to strengthen a sector where its design firms hold less than 1 per cent of global revenue.
Photo: Apple Park in Cupertino, California, seen from above
Business & FinanceApple beats Wall Street expectations as iPhone sales hit a September-quarter record
Apple reported fiscal fourth-quarter revenue of $114.48 billion and earnings of $2.10 a share, beating analyst expectations on strong iPhone and Mac sales.
Photo: Beijing, China
ChinaChina vows countermeasures over US FCC ban on Chinese labs testing electronics for American market
China's commerce ministry said on Friday it firmly opposes the US Federal Communications Commission's vote to bar Chinese labs from testing electronics for the American market, warning it would take necessary countermeasures if Washington presses ahead unilaterally.