SMIC

Taiwan Investigates Chinese Chipmaker SMIC for Alleged Employee Poaching

2 months ago

In a significant development in the semiconductor industry, Taiwan has launched an investigation into the Chinese chipmaker Semiconductor Manufacturing International Corporation (SMIC) for allegedly engaging in the unlawful poaching of skilled employees from Taiwanese firms. This move underscores the ongoing tensions between Taiwan and China amid the highly competitive global tech landscape.

Czech Central Bank Considers the Inclusion of Bitcoin in Reserves

4 months ago

In a surprising move that could signal a significant shift in the monetary policy landscape, the governor of the Czech National Bank (CNB), Aleš Michl, has revealed his consideration of incorporating Bitcoin into the central bank's reserves. This discussion comes amid growing interest from governments and financial institutions worldwide into cryptocurrencies as a potential store of value.

Major Earthquake in Taiwan Forces TSMC Plant Evacuations

4 months ago

A significant earthquake struck Taiwan on January 20, 2025, prompting immediate evacuations at several facilities, including critical plants operated by Taiwan Semiconductor Manufacturing Company (TSMC) located in the southern regions of the island. The quake, measuring 6.0 on the Richter scale, was centered near Tainan, a city known for its historical significance and industrial output.