January 27, 2023
The head of Europe’s largest chipmaker, ASML, said he expects semiconductor demand to recover in the second half of the year, as the company posted a record order book of more than 40 billion euros and forecast sales growth of 25 percent this year. “The expectation of the duration of a potential recession in the
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People’s Deputy of Ukraine Lesya Vasilenko believes that if Ukraine is provided with the necessary amount of ammunition for weapons from Western countries, the country’s victory can be achieved “by mid-2023.” “The condition is that there are these arms deliveries that fully meet all the requirements of Ukraine, and maybe even more, but there are
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Apple plans to move some of its MacBook production to Vietnam next year for the first time as the US technology group continues to diversify its manufacturing base outside of China amid escalating tech tensions between Washington and Beijing. Apple has engaged its main supplier, Taiwanese company Foxconn, to begin production of the MacBook in
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The Bangko Sentral ng Pilipinas (BSP) discount rate is likely to peak at 5.75% by the middle of next year due to above-target inflation, Fitch Solutions said on Monday. The pace of adjustment is expected to slow down from last week’s 75 basis point (bp) increase, with the central bank’s policy-making Monetary Board to cap
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