Network Tech

The European Commission granted €5 billion in state aid for Taiwan Semiconductor Manufacturing Company's new chipmaking facility in Dresden, Germany, clearing the path for the company to set up its first plant in the continent.

Universities in South Korea and Japan recently took different tacks around backscatter, a means of connecting devices which is viewed as a boon for the IoT.

A quartet of Sateliot low Earth orbit satellites launched late last week, advancing the company’s plans to offer standards-based 5G IoT connectivity and potentially bolstering ongoing efforts to raise €30 million in a Series-B funding round.

Texas Instruments stands to receive up to $1.6 billion in funding from the US Department of Commerce for three semiconductor facilities.

Hewlett Packard Enterprise (HPE) struck a deal to acquire cloud management software specialist Morpheus Data for an undisclosed sum, a move it positioned as aiding its customers in dealing with increased IT complexity.

South Korea-based KT and LG Electronics unveiled plans to cooperate to develop 6G technologies and standards, with a focus on wideband full-duplex communication technology.

Cisco reportedly plans to cut  thousands of jobs in a second-round of layoffs this year as part of a pivot towards cybersecurity and AI.