Chip giant TSMC shifts away from hotspot Taiwan with Japan plant

Chip giant TSMC shifts away from hotspot Taiwan with Japan plant

KIKUYO: TSMC‘s new chip plant in Japan will boost the resilience of global supplies of the crucial hardware, the Taiwanese giant’s founder Morris Chang said Saturday at an opening ceremony.The factory in the southern Japanese island of Kyushu “will, I believe, improve the resiliency of chip supply for Japan and for the world,” the 92-year-old … Read more

Forget Growth. Optimize for Resilience

Forget Growth. Optimize for Resilience

Fleming believed that growth has natural limits. Things grow to maturity—kids into adults, saplings into trees, startups into full-fledged companies—but growth beyond that point is, in his words, a “pathology” and an “affliction.” The bigger and more productive an economy gets, he argued, the more resources it needs to burn to maintain its own infrastructure. … Read more

India’S Economic Growth: India’s economic growth surges, defying global challenges: Asian Development Outlook

India’S Economic Growth: India’s economic growth surges, defying global challenges: Asian Development Outlook

NEW DELHI: In a display of resilience and economic fortitude, India is charting a path of accelerated growth, outpacing global uncertainties.According to Asian Development Outlook, recent data reveals that India’s GDP expanded at a robust rate of 7.1 per cent in the first three quarters of the calendar year, propelled by strong industrial production and … Read more