Friday, September 3, 2021

SMIC to Invest $8.87 Billion for New Chip Plant in Shanghai

SMIC will invest $8.87 billion (roughly Rs. 64,830 crores) to build a chip plant in Shanghai, expanding capacity amid a global chip shortage as Beijing pushes to boost independence in the sector. https://ift.tt/3gWfnrK
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Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $150M Series F, sources say at a $3B valuation (Meir Orbach/CTech)

Meir Orbach / CTech : Israeli startup Claroty, which makes security tech for hospitals, manufacturing, and industrial systems, raised a $...