On May 12th local time, South Korean Deputy Prime Minister and Finance Minister Choi Sang mu stated that South Korea is planning a chip investment and research support program worth over 10 trillion Korean won (approximately 7.3 billion US dollars).
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In the early morning of May 14, Beijing time, the GPT-4o large model released by OpenAI swept through the technology circle like a strong wind, and its AI voice dialogue technology quickly became the focus of public opinion.
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The San Francisco Federal Reserve and the Federal Reserve System Innovation Office are working closely together to recently launch the Emerging Technology Economy Research Network, a new initiative aimed at better understanding how emerging technologies such as artificial intelligence are shaping the future economy.
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In order to promote the development of South Korea's local chip industry, local time on May 12, South Korea's Deputy Prime Minister and Finance Minister Choi Sang-mok said that South Korea is preparing more than 10 trillion won (about $7.3 billion) to provide a series of support programs for chip investment and research.
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Recently, the Bureau of Industry and Security (BIS) of the US Department of Commerce announced that 37 Chinese entities will be included in the list of export control entities.
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The US Department of Commerce's Bureau of Industry and Security (BIS) announced the addition of 37 Chinese entities to the list of export controlled entities.
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The fate of the South Korean economy largely depends on the development of the semiconductor industry, on May 10, the South Korean Deputy Prime Minister of Economy and Minister of Strategy and Finance Choi Sang-moo announced at the Korean semiconductor industry symposium that the South Korean government is prepared to provide more than 10 trillion won to support semiconductor development to strengthen the competitiveness of the country's semiconductor industry.
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On May 9, the US Department of Commerce's Bureau of Industry and Security (BIS) announced that 37 Chinese entities will be included in the export control entity list, including 22 research institutions related to quantum technology.
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Lithography machine leading company ASML (ASML) recently released the first quarter of 2024 financial results show that the company's revenue and profit have declined sharply, especially net profit fell 37.4% year-on-year, almost can be said to be "halved".
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Tesla recently announced massive layoffs around the world, involving more than 14,000 employees, or about 10% of its global workforce. The decision was announced by Tesla's CEO, Elon Musk, in an internal email.
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On June 24, 2024, a fire broke out at a battery manufacturing factory in Huacheng, Gyeonggi do, South Korea. This sudden disaster resulted in serious consequences.
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