Tunisia hosts Japanese-African economic cooperation meeting

TUNIS, Tunisia (AP) — African heads of state, representatives of international organizations and private business leaders gathered in Tunisia on Saturday for the Tokyo International Conference on African Development, a triennial event launched by Japan to promote growth and security in Africa. Economic fallout from the COVID-19 pandemic, a food crisis worsened by Russia’s war…

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Chinese Chip Foundry SMIC To Invest $7.5 Billion In New Fab In Tianjin

Chinese Chip Foundry SMIC To Invest $7.5 Billion In New Fab In Tianjin

SHANGHAI (Reuters) -Chinese chip foundry Semiconductor Manufacturing International Corp (SMIC) said it had signed a framework agreement to invest $7.5 billion for a new 12-inch foundry production line in Tianjin. The plans mark an ongoing expansion for the Shanghai-based company, which is under U.S. sanctions related to ties to China’s military, which the company denies….

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