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18.06.26 - 02:00
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Exclusive: Galatek sees Penang facility driving semiconductor, life sciences ecosystem growth (Digitimes)
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Beyond its established role in assembly, testing and packaging (ATP), Penang's next stage of development will depend on its ability to deepen capabilities in precision engineering, automation and system integration, while moving into higher-value equipment manufacturing and R&D. Following the opening of Galatek's new facility in Penang, Malaysia, DIGITIMES spoke with Galatek Malaysia general manager Teo Swee Leng about the region's current development and future prospects....
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16.06.26 - 22:12
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Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal (ZeroHedge)
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Semiconductor Stocks Tumble After Microsoft Balks At $3B Oracle Cloud Deal
Chip stocks tumbled even further in late Tuesday trading following a report that Microsoft just walked away from talks with Oracle about leasing the company's cloud infrastructure because of concerns over security and compliance.
The deal, according to Business Insider, would have been worth over $3 billion - as large Silicon Valley tech companies are running short on computing power (more on that later).
The plan was to move some Microsoft workloads to Oracle Cloud Infrastructure, but Oracle's public cloud did not have the Federal Risk and Authorization Management Program (FedRAMP), a standardized security framework that ensures cloud services are secure enough to handle U.S. government data. Oracle was not willing to add this framework, one of the people said. -BI
Oracle has denied the scoop.
"The details mentioned in the article are inaccurate," an spokesperson said, declining to specify the inaccu...
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