US Backs GlobalFoundries' Semiconductor Growth with $1.5 Billion
The US government is making a significant investment in the semiconductor sector, as it awarded GlobalFoundries a $1.5 billion subsidy aimed at expanding chip production in New York and Vermont. This initiative comes at a crucial time, reflecting the rising…
Indonesia Bans iPhone 16 Sales, Prompting Apple’s New Manufacturing Plan
In a significant regulatory move, Indonesia has banned the sale of the iPhone 16, leading Apple to rethink its manufacturing strategies in the region. The prohibition arises from the company’s failure to abide by Indonesia’s strict local content requirements, which…
