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Japan enacts record extra budget to fund economic package as pandemic continues

Business Dec 20, 2021

Japan enacts record extra budget to fund economic package as pandemic continues

Lavish spending plans for the year through March highlight Prime Minister Fumio Kishida's stance of prioritizing economic revitalization while putting fiscal health on the back burner.

Intel plans $7 billion Asia expansion as chip crunch persists

Business Dec 16, 2021

Intel plans $7 billion Asia expansion as chip crunch persists

by Yantoultra Ngui

The project marks a big bet on Malaysia, which is emerging as a global center for testing and assembling semiconductors.

Biden team weighs new clampdown on China’s largest chipmaker

Business Dec 15, 2021

Biden team weighs new clampdown on China’s largest chipmaker

by Jenny Leonard and Ian King

The Biden administration is considering imposing tougher sanctions on China’s largest chipmaker, building on an effort to limit the country’s access to advanced technology.

Chip giant Taiwan's energy security on the line with LNG referendum

Business Dec 13, 2021

Chip giant Taiwan's energy security on the line with LNG referendum

by Sarah Wu

The referendum, which seeks to relocate the project away from an ancient algal reef and would likely delay it for years, has a reasonable chance of passing.

Supply chain woes force Murata to ship lithium batteries by air

Business / Corporate Dec 10, 2021

Supply chain woes force Murata to ship lithium batteries by air

by Takashi Mochizuki and Yuki Furukawa

On top of inflated base cargo fees fueled by high demand, batteries shipped via air incur extra handling charges because they’re a fire hazard.

TSMC leads rush for renewables ahead of Taiwan energy vote

Asia Pacific | FOCUS Dec 9, 2021

TSMC leads rush for renewables ahead of Taiwan energy vote

by Cindy Wang

This month, Taiwan will hold a referendum that could have far-reaching effects on the world’s supply of semiconductors.

The world's relentless demand for chips turns deadly in Malaysia

Asia Pacific Dec 7, 2021

The world's relentless demand for chips turns deadly in Malaysia

by Yoolim Lee and Yantoultra Ngui

The tragedy shows the little-understood human cost of keeping industries happy and supply chains running while a contagious virus rages.

Toyota’s output slumps 26% on prolonged supply-chain snarls

Business / Corporate Nov 30, 2021

Toyota’s output slumps 26% on prolonged supply-chain snarls

by Shiho Takezawa

Japanese automakers have struggled due to outbreaks of COVID-19 in Southeast Asia, as well as parts and semiconductor shortages.

Freedom needed for commerce to flourish, says Japan's new economic security minister

Business Nov 26, 2021

Freedom needed for commerce to flourish, says Japan's new economic security minister

by Isabel Reynolds and Emi Nobuhiro

To succeed, Takayuki Kobayashi says, Japan must seek a balance between allowing companies and research institutions to work together across borders while mitigating any potential risk to national security.

Texas put up millions to lure a Samsung plant and won. Will it pay off?

Business Nov 25, 2021

Texas put up millions to lure a Samsung plant and won. Will it pay off?

by Noah Buhayar, Michael Tobin and Danielle Moran

Research suggests projects don’t always deliver, despite the eye-popping numbers in pitch decks and the politicians racing around to take credit for delivering jobs.

In Mexico's auto heartland, workers struggle as chip shortage bites

Business Nov 25, 2021

In Mexico's auto heartland, workers struggle as chip shortage bites

by Anthony Esposito and Sharay Angulo

Temporary closures have translated into lost wages for tens of thousands of the country's auto workers due to furloughs and layoffs.

Secretive Chinese committee draws up list to replace U.S. tech

Business / Tech Nov 17, 2021

Secretive Chinese committee draws up list to replace U.S. tech

China is accelerating plans to replace U.S. and foreign technology, quietly empowering an organization to vet and approve local suppliers in sensitive areas from cloud to semiconductors.

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