Some professionals believe that harmonization of sustainability standards will make it easier for companies to assess and manage their risks. Others believe that harmonization of sustainability standards is challenging as different governments have different systems.

Speculation has been circulating in China’s chipmaking sector that NXP Semiconductors is about to cease its Advanced Power Systems (APS) R&D operations in China. The move could indicate another international IC IDM vendor pulling out its R&D team in the country.

The ongoing global economic downturn is helpful to business improvements at providers of cloud services, mainly because enterprises will cut expenses on ground-end hardware installations and instead focus more on subscribing to public cloud services, according to industry sources.