Friday, December 13, 2019

MeitY urges the Finance ministry to bring back 4% exports sops on smartphones

The ministry of electronics and IT has approached the Finance ministry to reinstate the export duty credit scrips under Merchandise Export Incentive Scheme (MEIS) in order to evade a massive job loss from the smartphone industry. https://ift.tt/34iWkOY https://ift.tt/eA8V8J

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Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chip startup Rapidus (Bloomberg)

Bloomberg : Japan allocates another $9.9B to boost its chip, quantum computing, and AI endeavors, with an undisclosed amount going to chi...