China Scuttles Intel Acquisition - DTH
Daily Tech News Show
Tom Merritt
4.8 • 1.5K Ratings
🗓️ 16 August 2023
⏱️ 5 minutes
🧾️ Download transcript
Summary
Intel gives up on acquiring Tower Semiconductor, Foxconn begins making the next iPhone in India, and scientists reconstruct a Pink Floyd song from brain recordings.
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Transcript
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| 0:00.0 | These are the Daily Tech headlines for Wednesday, August 16, 2023, I'm Tom Merritt. |
| 0:07.4 | US-based Intel will not acquire Israel's chipmaker Tower Semiconductor after the two companies |
| 0:13.7 | failed to receive approval or disapproval for the merger in China in time for a Tuesday |
| 0:18.7 | deadline. |
| 0:19.7 | China's state administration for market regulation usually approves mergers, but recently has |
| 0:24.4 | denied or in this case failed to rule on chip-related mergers involving US companies. |
| 0:29.6 | For example, US-based Qualcomm failed to receive Chinese approval to acquire European |
| 0:34.0 | chipmaker NXP in 2018, and last year, DuPont gave up on an attempt to acquire electronics |
| 0:40.0 | materials maker Rogers. |
| 0:41.8 | However, a non-chip-related deal between US-based Microsoft and Activision Blizzard did receive |
| 0:48.0 | Chinese approval. |
| 0:50.5 | Bloomberg sources say Foxconn has begun making the iPhone 15 in India. |
| 0:55.0 | The Indian plants will deliver models just a few weeks after factories in China, which |
| 0:58.4 | are also making the iPhones. |
| 1:00.4 | This is a significant speed-up previously Indian plants lagged by several months. |
| 1:04.7 | Pegatron and Wistron will also make iPhones in India. |
| 1:08.6 | Bloomberg estimates Apple produces about 7% of its iPhones in India now. |
| 1:14.9 | Google added to its search-generative experience, which uses its large language models to enhance |
| 1:20.1 | responses to search queries. |
| 1:21.9 | You can now hover over some words to see definitions or related images, responses to questions |
| 1:26.9 | about coding will color code segments with syntax highlights. |
| 1:30.5 | And in the Google app and Chrome, some webpages can be accompanied by a list of key points |
... |
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