ADVANCED PACKAGING
More women made the list of top-paid CEOs in 2023, but their numbers are still small compared to men
Of the 341 CEOs in the AP's 2024 compensation survey, 25 are women, the highest number since the survey began in 2011. Lisa Su of AMD is the highest-paid female CEO, earning $30.3 million. The median pay for female CEOs increased by 21% to $17.6 million, outpacing male CEOs whose median pay rose by 12% to $16.3 million. Despite these gains, the highest-paid male CEOs still earn significantly more, and women often face the "glass cliff," being appointed to leadership roles during company crises.
CEOs got hefty pay raises in 2023, widening the gap with the workers they oversee
Top paid female CEOs in 2023 include Lisa Su, Mary Barra, Jane Fraser, Kathy Warden, and Carol Tome. Lisa Su of Advanced Micro Devices led with USD30.3 million. Female CEO median pay rose 21% to USD17.6 million, outperforming male counterparts.
What is NATO chief's proposal for military aid for Ukraine?
NATO foreign ministers will debate a military support package for Ukraine proposed by alliance boss Jens Stoltenberg, due to uncertainty over future U.S. support for Ukraine due to the possible return of former president Donald Trump to the White House. Stoltenberg has proposed putting military aid for Kyiv on a longer-term footing, along with a multi-year financial pledge. NATO's 32 member countries have different views on the plan, and the ministers will seek to narrow those divisions at their meeting in Prague.
Malaysia targets over $100 billion in semiconductor industry investment
Malaysia aims for $107 billion investment in its semiconductor industry, led by Prime Minister Anwar Ibrahim, targeting design, packaging, and manufacturing. The country is a key player globally, attracting major investments from firms like Intel and Infineon.
7 Best Daikin split AC for efficient and advanced cooling solutions
Looking for the perfect air conditioner for this summer? This article lists the best split Daikin air conditioners, renowned for their exceptional energy efficiency, exceptional cooling technologies, and reliable performance. Daikin split ACs are the ultimate choice for discerning consumers. Dive into our detailed evaluations of top models, highlighting innovative features like inverter technology, Dew Clean Technology, copper condenser coils, PM 2.5 filters, and triple displays.
US to provide Ukraine with USD275mn more in military aid amid Russian advances
Amidst the ongoing conflict between Russia and Ukraine, the United States is set to provide Ukraine with an additional USD 275 million in military aid, marking the fourth installment since a foreign aid bill was passed last month. The aid package includes weaponry and munitions vital for Ukraine's defence, such as rocket systems, artillery rounds, anti-tank systems, tactical vehicles, and small arms. The move underscores America's commitment to supporting Ukraine against Russian aggression, with nearly USD 1.7 billion already dispatched and more aid expected in the future.
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Nvidia shares rise as blowout revenue forecast cements AI lead
Taiwan Semiconductor Manufacturing, Nvidia's contract chipmaker, said in April it expects to more than double its advanced packaging capacity this year.
DCGI orders withdrawal of cancer drug Olaparib for certain treatments
The Drug Controller General of India has requested the withdrawal of AstraZeneca's Olaparib tablets for certain cancer treatments due to potential adverse effects.
Shift towards sustainable packaging is helping companies minimise environmental impact, improve operational efficiency
There is a growing consumer demand that presents a mine of opportunities for businesses to reevaluate business strategies in terms of eco-friendly packaging.
Meme coin with AI superpowers: WienerAI breaks past $1.5 million milestone in hot presale
WienerAI (WAI) is a meme coin with AI superpowers, offering an AI trading bot and staking protocol on the Ethereum blockchain. It has a growing Twitter community, a Telegram channel, and a strategic tokenomics structure. Coinsult audit confirmed no major vulnerabilities, and it ranks second on the 'Best Crypto ICOs - New Upcoming ICO Calendar for 2024' list, exceeding $1.
Govt eyes pvt-public cloud model for chip designs for easy access
This facility will provide easy access to chip and packaging designs to startups, researchers and small firms, as per the plan.
Upgrade Your Security Game: Budget-Friendly Smart Door Locks Under 10000
Smart door locks under 10000 in India offer homeowners enhanced security and convenience without breaking the bank. These innovative devices utilize advanced technology such as Bluetooth, Wi-Fi, or RFID to provide keyless entry and remote access control via smartphones or other authorized devices. With features like auto-locking, activity logs, and temporary access codes, smart door locks offer customizable security solutions tailored to individual needs. Many models also offer compatibility with virtual assistants like Alexa or Google Assistant for voice control and seamless integration into smart home ecosystems. With affordable options available, smart door locks under 10000 provide an accessible way for homeowners to upgrade their home security and embrace the convenience of smart living.
The rise of Finternet: an interconnected network of financial ecosystems
A new model proposed by Nandan Nilekani and Agustín Carstens envisages multiple financial ecosystems interconnected with each other. Multiple financial ecosystems interconnected with each other is called Finternet, the building blocks of which combine technological advances with sound governance. The framework proposes using technologies such as tokenisation and unified ledgers.
Luxury car companies keep it cool inside with advanced glass coatings
Car manufacturers are adopting sophisticated glass coatings to maintain cool temperatures inside vehicle cabins, reducing the reliance on air conditioning as temperatures soar above 45°C in certain Indian cities during the summer. This initiative coincides with the trend towards larger vehicles like SUVs and electric models, which demand more battery pack space, resulting in larger glass surface areas and thermal loads
Tata Electronics begins export of semiconductor chip samples from Bengaluru centre
Tata Electronics, a company based in Bengaluru, India, has begun exporting small amounts of semiconductor chips. This is a significant step that could improve India's ability to produce these important components. The chips are being packaged at a pilot production line located at Tata Electronics' research and development center. This information comes from people with knowledge of the situation but who do not want to be identified publicly.
Pack a punch before we get fab at chips
Tatas could make up for India's initial missteps over semiconductor manufacturing. GoI rolled out incentives for chip-making when the need to diversify this concentrated value chain became evident to policymakers globally.
No safety in retreat: Ukrainian soldiers say rear defensive lines barely exist amid Russian advance
Ukrainian soldiers face daunting challenges as they battle better-armed Russian forces. Devastating Russian aerial glide bombs, out of reach of Ukraine's air defenses, are targeting their positions, forcing retreats from villages and defensive lines weakened by relentless shelling. Ukraine is scrambling to build fortifications, but bureaucracy, lack of equipment, and ongoing attacks hinder progress. The delayed US aid package aims to bolster Ukraine's defenses, but until then, Russia continues to exploit vulnerabilities.
Semiconductors likely in for another massive boost as India tries to make up for lost time in chipmaking
The 76,000-crore incentive package was launched in December 2021 to support companies making semiconductors and investing in them. That amount has been nearly exhausted, necessitating a fresh boost for India's big chip plan. And indications are that the coming plan will likely be much bigger in scale.
US Senate passes USD 95.3 billion package for Ukraine, Israel, Taiwan and Indo-Pacific
The US Senate approved a $95.3 billion aid package for Ukraine, Israel, and Indo-Pacific security. President Biden will sign the bill, which includes provisions for military support, humanitarian aid, and sanctions against Iran and Russia.
US preparing $1 billion weapons package for Ukraine, officials say
The United States is preparing a $1 billion military aid package for Ukraine sourced from the Ukraine-Israel bill, which is yet to be signed. The aid includes vehicles, Stinger air defense munitions, artillery ammunition, and anti-tank munitions, among other weapons. President Biden had requested $60.8 billion in aid for Ukraine, but the initiative stalled in the House. The Senate is expected to vote on several bills, including the Ukraine bill, which also includes provisions for further Presidential Drawdown Authority. This aid package aims to support Ukraine against Russia's increasing military pressure.
U.S. House passes billions in aid for Ukraine and Israel after months of struggle. Next is the Senate
With an overwhelming vote, the $61 billion in aid for Ukraine passed in a matter of minutes, a strong showing as American lawmakers race to deliver a fresh round of U.S. support to the war-torn ally. Many Democrats cheered on the House floor and waved blue-and-yellow flags of Ukraine. Aid to Israel and the other allies also won approval by healthy margins, as did a measure to clamp down on the popular platform TikTok, with unique coalitions forming to push the separate bills forward.
Nvidia supplier SK Hynix to invest $3.87 billion in US chip packaging plant
The new plant will include an advanced chip production line to mass-produce next-generation high bandwidth memory (HBM) chips, currently used in graphic processing units that train artificial intelligence systems, the Nvidia supplier said in a statement.
MakeMyTrip and Singapore Tourism Board ink MoU to spark Indian wanderlust
MakeMyTrip and Singapore Tourism Board have signed an MoU to boost Singapore as a top destination for Indian travelers. Collaborative efforts to enhance inbound travel through tailored holiday packages and marketing campaigns. Singapore sees significant interest from Indian tourists, aiming to attract more visitors by expanding infrastructure and improving amenities.
32,000 flats in Noida still awaiting registry despite UP govt's special package
32,000 Noida apartments await registration. 14 projects opt for rehab. Builders pay dues, 4,000 flats set for boost. Authority registers 500 units, raising revenue.
Fat packages for tech interns; Google's search for data centre land
At IIT Mandi, 27 students have received stipends of Rs 1 lakh or more this year. In Bengaluru, RV College of Engineering has seen 39 students getting over Rs 1 lakh in monthly stipends compared to 8 last year. Around 30 students at Vellore Institute of Technology have also bagged Rs 1-lakh stipends, with companies like Couchbase and Amazon offering Rs 1.2 lakh and Rs 1.1 lakh, respectively.
TSMC considering advanced chip packaging capacity in Japan
TSMC explores advanced packaging in Japan with CoWoS tech, aiming to boost processing power. Plans include doubling CoWoS output this year. Partnerships with Sony and Toyota in Japan, investing $20 billion.
US preparing new weapons package for Ukraine, officials say
The United States is preparing a new military aid package for Ukraine that could be worth as much as $400 million, two U.S. officials told Reuters on Tuesday, the first such move in months as additional funds for Kyiv remain blocked by Republican leaders in Congress.
Cabinet gives nod to North East industrial package
The Union Cabinet has approved a Rs 10,037-crore Uttar Poorva Transformative Industrialization (UNNATI) scheme for northeast states, aiming to generate employment and socio-economic development. The scheme provides incentives for investors to set up new units or expand existing ones.
Chinese firms look to Malaysia for assembly of high-end chips
The companies are asking Malaysian chip packaging firms to assemble a type of chip known as graphics processing units (GPUs). Further, the requests only encompass assembly - which does not contravene any US restrictions - and not fabrication of the chip wafers.
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