China is increasing its efforts to stockpile microchips from the US to prepare for potential sanctions from the incoming administration of president-elect Donald Trump, with purchases reaching US$1.11 billion in October, a 60 per cent increase from last year. China has imported US$9.61 billion of microchips from the US over the first 10 months of the year, focusing on CPU-based processors and controllers, as well as chips for storage and signal amplification, to meet its demand for chip production. Despite facing challenges in developing advanced chips, China’s increased imports are crucial for the profitability and sustainability of chip production.
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Leveling the playing field: Oracle NetSuite on AI’s role for SMEs
Artificial Intelligence (AI) is reshaping industries, offering SMEs the opportunity to compete with larger organizations by providing data-driven insights, automation, and personalized customer engagement. Despite concerns about cost, complexity, and safety, SMEs can overcome these challenges by starting small, focusing on targeted projects, and leveraging cost-effective AI tools that integrate seamlessly into workflows. Oracle NetSuite integrates AI into their systems to deliver insights and productivity, empowering SMEs to make data-driven decisions and stay ahead in...
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