Tag: Technology investment
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US-Taiwan Deal Encourages Lower Tariffs and Greater Investment in Tech and Semiconductors
Overview of the Agreement The United States has announced a new economic agreement with Taiwan aimed at lowering tariffs on a range of goods from the democratic island and increasing investments by Taiwanese semiconductor and technology firms in the United States. The deal, reported by the U.S. Department of Commerce, emphasizes a shared goal: expand…
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Biren IC Enables Major Leap: Chinese Graphics Card Maker Raises $717M in Hong Kong IPO
Overview: Biren’s Hong Kong IPO Milestone Shanghai Biren Intelligent Technology Co. Ltd., a rising Chinese graphics card supplier better known as Biren, has successfully completed its initial public offering in Hong Kong, raising approximately $717 million. The issue priced at multiple shares and attracted strong demand from investors, underscoring confidence in China’s evolving GPU and…