Chinese Government Invests Billions in Semiconductor Industry Subsidies

The Chinese government has reportedly provided substantial subsidies, totaling CNY12.1 billion (US$1.75 billion), to approximately 190 listed semiconductor companies within its territory. This move is part of China’s broader strategy to enhance its technological independence and reduce reliance on the Western world amidst geopolitical tensions. China has been actively investing in sectors critical to its…

President Joe Biden’s $39B semiconductor project has now started

President Joe Biden’s $39B semiconductor project has now started On February 28, 2023 the Biden administration launched a massive effort to outcompete China in semiconductor manufacturing, offering $39 billion in funding incentives for companies seeking to build manufacturing plants in the United States. Commerce Secretary Gina Raimondo stated, “When we have finished implementing CHIPS for America,…

Recent Advances in Photonic Processors

Photonic processors are a cutting-edge technology that is rapidly gaining popularity in the world of computing. Unlike traditional electronic processors that use electrical signals to process and transmit information, photonic processors use light. This innovative approach to computing offers several advantages, including faster processing speeds, improved energy efficiency, and enhanced security. As a result, photonic processors…

Are Semiconductors the New Oil?

Semiconductors, the tiny electronic components that power our devices, have become increasingly important in the modern world. In many ways, they can be considered the “new oil” of the global economy. Just as oil has been a vital resource for powering transportation and industry, semiconductors are essential for powering the technology that drives our economy.…