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| IC shortage reviews that our U.S. semiconductor capacity are dwindling |
3/10/2021 |
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It might not seem important that 88% of the semiconductor chips used by U.S. industries, including the automotive and defense industries, are fabricated outside the U.S. However, three issues make where they are made critical to the U.S. as the global leader in electronics: lower capability, high global demand and limited investment.
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| Virus vaccine adds hope to world economy recovery |
3/10/2021 |
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The Organization for Economic Cooperation and Development on Tuesday raised its expectations for global GDP growth to 5.5% this year and 4% next year. That is up from a December forecast of 4.2% growth in 2021 and 3.7% for 2022.
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| Growth in Chinese export resumes |
3/9/2021 |
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Exports rose to $468.9 billion, customs data showed Sunday, accelerating from December’s 18.1% gain and nearly double the growth expected by forecasters. Imports jumped 22.2% to $365.6 billion, up from December’s 6.5% increase.
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| Amazon opens first cashier-free supermarket in London |
3/5/2021 |
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Shoppers use a smartphone app to scan a QR code so they can enter the store. They can fill their shopping bags with milk, eggs or other groceries while cameras and sensors track what’s taken off shelves.
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| Automated sewage sampling predicts CIVID-19 outbreaks |
3/5/2021 |
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Researchers have automated wastewater concentration with the help of liquid-handling robots. They demonstrated their system's robustness by comparing it to existing methods and showing that they can predict COVID-19 cases in San Diego by a week with excellent accuracy, and three weeks with fair accuracy, just using city sewage.
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| U.S. productivity declined by 4.2% |
3/5/2021 |
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Some economists believe that once the country emerges from the pandemic, there may be a sustained and elevated levels of productivity, in part from workplace efficiencies gained from businesses finding ways to deal with the a year of related restrictions.
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| Samsung planned to spend $17 billion on new Austin fab. |
3/4/2021 |
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The South Korean company plans to invest about $17 billion in its Project Silicon Silver and create about 1,800 jobs over the first ten years, according to an economic impact study prepared by a local consultant. Some $5.1 billion would go into buildings and property improvements, while $9.9 billion would be spent on machinery and equipment.
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| Strong growth seen in automotive memory |
3/4/2021 |
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Companies including Micron Technology, Nanya Technology, Winbond Electronics, Phison Electronics and Silicon Motion Technology have all made forays into the automotive memory market, which is expected to see extraordinary growth over the next several years.
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| Supreme Court to examine proper appointment of judges who oversee patent disputes |
3/3/2021 |
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The question for the justices has to do with more than 250 administrative patent judges who make up the Patent Trial and Appeal Board, which was created by Congress in 2011. The court's decision could be disruptive to the functioning of the board, which issues hundreds of decisions a year. The justices' decision could also potentially affect more than 100 other similarly-appointed officials.
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| $15 minimum wage is dead for now! |
3/3/2021 |
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Democrats on Monday seemed to have exhausted their most realistic options for quickly salvaging the pay hike. In one decision, they abandoned a potential amendment threatening tax increases on big companies that don't boost workers’ pay to certain levels.
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| Volvo to go electric vehicles only |
3/3/2021 |
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Swedish automaker said Tuesday that it is phasing out the production of all cars with internal combustion engines — including hybrids by 2030.
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| Electrical goods should last longer to cut waste |
3/2/2021 |
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The "right to repair," as it is sometimes called, comes into force across the 27-nation bloc Monday. It is part of a broader effort to cut the environmental footprint of manufactured goods by making them more durable and energy efficient.
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| China delays flying of the Max 737 |
3/2/2021 |
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“Major safety concerns” raised by Chinese regulators have not been fully resolved, said Dong Zhiyi, deputy administrator of the Civil Aviation Administration of China, at a news conference.
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