chip industry

Meta Platforms will produce virtual reality headsets in Vietnam

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Meta Platforms will produce virtual reality headsets in Vietnam

Facebook parent Meta Platforms will produce its next-generation virtual and augmented reality headsets in Vietnam, creating more than 1,000 jobs, the company said Tuesday. The announcement comes as Vietnam looks to boost its attractiveness as a destination for investment by the world’s biggest companies and a key part of the global supply chain. Speaking at … Read more

China’s chip-making sees steady progress with new tools, but nothing to rival ASML

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China’s chip-making sees steady progress with new tools, but nothing to rival ASML

China’s semiconductor industry is continuing to make incremental steps in advancing its domestic lithography tools, according to specifications publicised by the central government, but analysts say the country has yet to make the big leaps it would take to catch up to Dutch firm ASML. The Ministry of Industry and Information Technology (MIIT), which oversees … Read more