UMC Launches $5 Billion Chip Plant in Singapore
Taiwan’s second-largest chipmaker, United Microelectronics Corp (UMC), has just marked a major milestone by opening a cutting-edge semiconductor plant in Singapore. The new facility, worth a whopping $5 billion, is set to bolster UMC’s global production capacity amid a booming demand for advanced chips. Located in the Pasir Ris Wafer
Renault Takes Full Ownership of Indian JV with Nissan
Renault Group announced on Monday that it will acquire the remaining 51% stake in Renault Nissan Automotive India Private Ltd (RNAIPL), currently held by Nissan Motor Corp, making Renault the sole owner of the company. This move is part of an ongoing restructuring of their partnership. As part of the
It is Never Just Tech: Drive Maximum Value From Technology
Technology, which was earlier a luxury for businesses, has now become an essential part of their operations. Each year, businesses invest a significant amount in advanced technology to maximise their productivity and efficiency. According to Statista.com, in 2023, the software industry spent approximately 19% of its revenue on new technology,
ConocoPhillips Gets Sole Ownership of KBBC PSC
Petronas has transferred the sole ownership of Kababangan Cluster PSC or KBBC PSC to ConocoPhillips Sabah Gas Ltd., a ConocoPhillips Global subsidiary. Previously, the KBBC PSC was operated by Kebabangan Petroleum Operating Company Sdn Bhd,comprising some of the biggest oil companies in the world, such as Petronas Carigali Sdn Bhd,
What Is Metaverse Crypto? Learn All About It Here
Crypto started back in 2009, with Bitcoin being the first-ever cryptocurrency. Over the years, crypto has become very popular due to its features, such as blockchain technology usage, investment, and ability to be stored in digital wallets. Several types of cryptocurrencies have also emerged in the market. One of them
