semiconductors

Aims to establish 10 local companies with revenues between $210m to $1b

Beijing could use advanced chips to boost its military capabilities

Sanctions imposed from US and self-sufficiency led China to invest billions of Yuan in semiconductors

Pakistan outlined an ambitious quest to develop its semiconductor industry

Govt needs to offer tax incentives, other facilities to encourage foreign firms

Aims to be self-sufficient, compete globally with rivals

TSMC said it is doing all it can to increase productivity and alleviate a worldwide chip shortage

The shortage stems from a confluence of factors as carmakers, which shut plants during the Covid-19 pandemic last year

The global shortage is also impacting home appliance makers who are unable to meet demand

Electronics retailers are facing stock shortages for consoles as well as the new graphics cards from Nvidia and AMD

Car manufacturers have cut output as the chip market was swept clean by makers of consumer electronics

Sony is struggling to build enough PlayStation 5 consoles amid a global shortage of semiconductors

Automakers around the world are shutting assembly lines due to problems in the delivery of semiconductors

The decision clears a months-long antitrust roadblock caused by trade tensions between the United States and Beijing