Walking a tightrope (6): Social and business management risks

We all know the importance of information security, but hacking and ransomware attacks are increasing, and the Trojan horse viruses that can lurk in the information systems are even harder to foil. What enterprises need are three sets of backups, two systems, and a mechanism for off-site rescue. These are already issues that we have to face. Theft of data, technology, or disruption of telecommunication networks means that 5G and 6G will be all empty talks if these infrastructures are not reliable.

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SMIC affiliate to launch IPO to raise funds for foundry capacity expansions

China-based SMEC (Semiconductor Manufacturing Electronics, ShaoXing), an affiliate of China’s top foundry SMIC, has filed an application to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, looking to raise CNY12.5 billion (US$1.86 billion) to finance its 8-inch fab capacity for MEMS, IGBT and MOSFET chips, according to industry sources.

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