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A smuggling operation involving 53,000 chips being transported from the United States to China.
South Korea has dismantled a smuggling ring that was attempting to transport American chips worth $11.6 million to China. The Korean customs authorities discovered that a business entity known as "Company A" was responsible for this large-scale operation, which involved high-end chip models that used US technology. All the directors of "Company A" have been arrested.
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Mark Zuckerberg has reclaimed his position as one of the top four wealthiest technology CEOs.
Mark Zuckerberg, the CEO of Meta, currently has a net worth of $141 billion, making him the fifth richest person in the world. He is also the fourth wealthiest technology CEO, according to the Bloomberg Billionaires Index.
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"Most online shoppers are office workers."
According to a Nielsen report, 78% of digital platform shoppers in Vietnam are office workers. The majority of these office workers are female.
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Jack Ma's reign is gradually ending
In 2023, the People's Bank of China approved the restructuring plan of Alipay, the mobile payment application of Ant Group, which is part of Alibaba. This move ended the reign of Jack Ma, the founder of Alibaba, as his voting rights decreased from 53.46% to 6.21%.
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Intel plans to launch a chip that will have 1,000 billion transistors by the year 2030.
Pat Gelsinger, the CEO of Intel, recently stated that Moore's Law is still relevant and that the company intends to produce chips containing 1,000 billion transistors in the next 7 years. Moore's Law, which was first introduced by Gordon Moore, co-founder of Intel in 1965, states that the number of transistors on integrated circuits would double every year, but it was later adjusted to an 18-month cycle. This concept is the foundation for the definition that doubling the number of transistors results in a CPU performance increase over the same period.
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Chinese chip company comes to Malaysia.
Many Chinese chip design companies look to Malaysia as an assembly location due to concerns about future restrictions.
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