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CXMT Sues Pentagon Over ‘Chinese Military Company’ Designation
TechnologyBusiness

CXMT Sues Pentagon Over ‘Chinese Military Company’ Designation

China’s leading memory-chip maker, ChangXin Memory Technologies (CXMT), has sued the U.S. Department of Defense over its designation as a company allegedly supporting...

Fortis Global Insurance Strengthens Board With Two New Appointments
NigeriaBusiness

Fortis Global Insurance Strengthens Board With Two New Appointments

By Benson Daniel Fortis Global Insurance Plc has strengthened its board with the appointment of Dr Umar Faruk Umar as an Independent Non...

China’s CXMT Plans Second Beijing Memory Chip Plant Amid Expansion Drive
WorldBusinessTechnology

China’s CXMT Plans Second Beijing Memory Chip Plant Amid Expansion Drive

China's largest memory chipmaker by market value, ChangXin Memory Technologies (CXMT), is considering building a second memory chip manufacturing plant in Beijing and...

China Begins Mass Production of Homegrown DUV Chipmaking Machines
WorldInfrastructure & DevelopmentTechnology

China Begins Mass Production of Homegrown DUV Chipmaking Machines

China has begun mass production of domestically developed immersion deep ultraviolet (DUV) lithography machines, a major milestone in Beijing's drive to reduce its...