Internet / The Economic Times
Taiwan's legacy chip industry contemplates future as China eats into share
Taiwan's Powerchip Technology faces intense competition from Chinese foundries such as Nexchip in the legacy chip market, driven by Beijing's push for local production and aggressive price cuts. U.S.-China trade tensions and shifting global supply chains may offer some relief to Taiwanese firms amid this rivalry.
10 Feb 2025 6:25 am
Billionaire Elon Musk says not interested in acquiring TikTok
Elon Musk has confirmed he has no interest in acquiring TikTok, a decision he made clear during a summit hosted by The WELT Group. Despite U.S. President Donald Trump's suggestion, Musk emphasized that he typically builds companies from scratch rather than purchasing them, and he does not use TikTok personally.
9 Feb 2025 9:30 am