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BUSINESS NEWS
A bipartisan Senate coalition introduced the SAFE CHIPS Act, a bill that would bar the Commerce Department from easing AI-chip export controls for 30 months, effectively preventing the administration from granting licenses for advanced US AI processors to buyers in China, Russia, Iran or North Korea.
AI demand is deepening the global memory-chip shortage, driving price spikes and forcing electronics makers and cloud providers to secure dwindling supply as delays ripple across devices and data-center buildouts.
Global semiconductor sales rose 4.7 percent in October to $72.7B as the market is forecasted to approach $1T in 2026.
Taiwan’s rigid-board sector saw exports decline 10 percent year over year in October.
Taiwan’s PCB equipments makers reported a 5.84 percent year-over-year revenue increase in October.
Foxconn posted record November revenue as AI server-rack demand lifted cloud and networking sales, consolidated results rising 25.5 percent year over year.
Foxconn’s abrupt shutdown of its Hengyang manufacturing complex underscores the growing risks foreign firms face in China, as rising costs, regulatory unpredictability and shifting trade pressures.
VS Industry returned to profit in the first quarter with roughly a 192 percent year-over-year swing.
Jabil is expanding its long-running partnership with Inno by jointly investing in a new Thailand facility for battery energy storage system enclosures.
Wus Printed Circuit filed for a Hong Kong listing as it accelerates investment in AI-server and smart-vehicle PCB capacity.
Kazakhstan’s new AI Law, signed in November, introduces ethical and transparency standards for AI use while raising fresh copyright questions around authorship, data usage and AI-assisted creativity within the country’s existing legal framework.
Pegatron is preparing to open its first US manufacturing plant in Georgetown, TX.
ABB acquires Gamesa Electric’s inverter and power-conversion business.
Shunsin Technology a Foxconn subsidiary, plans to expand manufacturing in Bac Ninh province to produce Xbox gaming devices and a range of other electronic components.
LG Electronics says Microsoft and several LG affiliates are exploring broad cooperation on data-center technologies, including thermal management and energy-storage systems.
Continental Electronics deepened its Texas manufacturing footprint with a new facility in Richardson.
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