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What’s New Today: Samsung Misses Out on 3nm Chip Deal, TSMC Steps In
Fast-Track Insights: HCM City Launches Pilot to Attract Tech Business Investments
Here’s a quick rundown of the biggest tech headlines making waves today. From the Samsung Misses Out on 3nm Chip to IPPB Recruitment 2024, let’s dive into the top tech stories of the day.
Samsung Foundry has lost the deal to produce Qualcomm’s 3nm Snapdragon 8 Elite chip due to yield issues with its advanced 3nm process node. Qualcomm has opted for TSMC’s third-generation 3nm process for the Snapdragon 8 Elite Gen 2 chip, set to launch in late 2025. Samsung’s low 3nm yield hindered its chances, despite its efforts to secure a cut-down version of the chip. To regain industry confidence, Samsung is focusing on improving its 3nm yield and developing a 2nm process node. Its new Texas chip plant and upcoming Exynos 2500 chips could play a crucial role in its recovery.
HCM City is piloting a mechanism to encourage businesses to utilize science-technology (S&T) development funds for R&D and innovation during 2025-28. The initiative aims to address regulatory barriers and streamline fund allocation for S&T projects, enabling businesses to invest in technology upgrades, digital transformation, and start-up collaborations. Proposed measures include a “sandbox” regulatory environment, granting businesses autonomy in project selection and fund usage, and supporting up to 30% of costs for innovation projects. The city targets allocating 60% of fund value to S&T projects by 2028, supporting 10 start-ups, and achieving a 30% increase in fund utilization for digital transformation.
India Post Payments Bank Limited (IPPB) has announced recruitment for 68 managerial positions, including Assistant Manager, Senior Manager, and Information Security roles. Among the vacancies, 54 positions are for Assistant Manager IT. Interested and eligible candidates can apply online at the official IPPB website (ippbonline.com) by January 10, 2025. The notification was published in the Employment News (Dec 28, 2024-Jan 03, 2025). This recruitment drive offers a great opportunity for those looking to join the bank in various managerial capacities across different roles.
In 2024, cryptocurrency markets surged, fueled by global ETF approvals, supply cuts, and optimism around Donald Trump’s crypto policies. Bitcoin hit $100,000 in December, with analysts predicting further gains in 2025, potentially reaching $150,000 or $200,000. Institutional investment is expected to grow, with global crypto adoption rising as countries like Poland, Italy, and China ease regulations. India’s crypto ecosystem is expanding, though challenges like high taxes and security risks remain. Despite this, experts are optimistic about India leading in crypto regulation, making 2025 a promising year for the market.
Artificial Intelligence is experiencing rapid growth like never before, driving innovations across nearly every sector, particularly in healthcare, finance, and entertainment. As we approach 2025, significant breakthroughs in AI supercomputing are set to transform entire industries, provide solutions to some of humanity's greatest challenges, and redefine the possibilities of technology.
