Latest Electronic parts manufacturing News

Spain to invest $13 billion to build microchip industry

May. 24, 2022 11:29 AM EDT

MADRID (AP) — The Spanish government on Tuesday announced a 12.3 billion euro ($13.2 billion) investment plan to convert the country into a major producer of microchips and help reduce the dependence of Spain and the European Union on other suppliers. The announcement in Madrid...

EXPLAINER: US keeps world guessing on Taiwan stance

May. 23, 2022 15:46 PM EDT

WASHINGTON (AP) — For the third time in less than a year, President Joe Biden has stirred controversy with his comments about Taiwan. The latest example came during his visit to Japan, when a reporter asked if the United States would respond militarily if China invaded the island. ...

Davos updates | Urgent need in Afghanistan is saving economy

May. 23, 2022 15:21 PM EDT

DAVOS, Switzerland (AP) — Two high-level speakers at the World Economic Forum gathering say Afghanistan’s most urgent need is saving its economy from complete collapse. Achim Steiner, administrator of the United Nations Development Program, said Monday in Davos that “we cannot...

EXPLAINER: What's in Biden's proposed new Asia trade pact?

May. 23, 2022 04:00 AM EDT

TOKYO (AP) — President Joe Biden faced a dilemma on trade in Asia: He couldn't just rejoin the Trans-Pacific Partnership that his predecessor had pulled the U.S. out of in 2017. Many related trade deals, regardless of their content, had become politically toxic for U.S. voters, who associated...

Biden pushes economic, security aims as he ends SKorea visit

May. 22, 2022 06:27 AM EDT

SEOUL, South Korea (AP) — President Joe Biden tended to both business and security interests Sunday as he wrapped up a three-day trip to South Korea, first showcasing Hyundai's pledge to invest at least $10 billion in the United States and later mingling with troops at a nearby military base. ...

US, SKorea open to expanded military drills to deter North

May. 21, 2022 13:29 PM EDT

SEOUL, South Korea (AP) — U.S. President Joe Biden and South Korean President Yoon Suk Yeol said after meeting Saturday that they will consider expanded joint military exercises to deter the nuclear threat from North Korea at a time when there's little hope of real diplomacy on the matter. ...

Biden: SKorean chip plant a model for deeper ties to Asia

May. 20, 2022 12:07 PM EDT

PYEONGTAEK, South Korea (AP) — President Joe Biden opened his trip to Asia on Friday by touring a South Korean computer chip factory that will be the model for a plant in Texas, holding it out as an illustration of how deeper ties with the Indo Pacific can fuel technological innovation and foster...

Secret Service workers for Biden Asia trip sent home

May. 20, 2022 11:33 AM EDT

SEOUL, South Korea (AP) — Two U.S. Secret Service employees in South Korea to prepare for President Joe Biden’s visit have been sent home after being involved in a confrontation with locals that led to a police investigation. An agent and an armed physical security specialist...

Japan's SoftBank sinks to losses as investments sour

May. 12, 2022 05:33 AM EDT

TOKYO (AP) — SoftBank Group sank into losses in the past fiscal year as the value of its global investments declined, the Japanese technology company reported Thursday. SoftBank Group Corp. reported red ink totaling 1.7 trillion yen ($13 billion) for the fiscal year through March,...

Editorial Roundup: Ohio

May. 09, 2022 12:28 PM EDT

Akron Beacon Journal. May 8, 2022. Editorial: Ohio primary winners, redistricting vote and leaked opinion on abortion leave many on edge Donald J. Trump served one term before losing in 2020, but the effects of his reign and his win-at-any-cost attitude continue. ...