Business

Apple to open payment chip to third parties and charge fees

On August 14, Apple Inc. announced it will begin letting third parties use the iPhone's payment chip to handle transactions, a move that allows banks and other services to compete with the Apple Pay platform.

Electronics & Semiconductors

China's top chipmaker reports Q2 plunge in profits

Leading Chinese chipmaker SMIC announced Thursday a sharp year-on-year drop in profits during the second quarter, as a domestic price war and technological rivalry between Beijing and Washington show no signs of abating.

Electronics & Semiconductors

US to give SK hynix $450 mn for chip packaging hub

The United States said Tuesday it has agreed to provide up to $450 million to South Korean semiconductor firm SK hynix to help build a chip packaging plant in the US state of Indiana.

Hardware

Neural network training made easy with smart hardware

Large-scale neural network models form the basis of many AI-based technologies such as neuromorphic chips, which are inspired by the human brain. Training these networks can be tedious, time-consuming, and energy-inefficient ...

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