Technology 8/20: US government wants to own 10% of Intel shares

The US government wants to own a 10% stake in Intel to promote domestic chip production, protect the supply chain and optimize the efficiency of public investment.

The US government wants to own 10% of Intel shares

US Commerce Secretary Howard Lutnick confirmed that the government is negotiating to convert federal subsidies into non-voting shares in Intel. If successful, the US would become one of the chipmaker's largest shareholders.

Although it does not have voting rights, being a major shareholder puts the government in a position to promote policies that favor domestic production, protect supply chains, and support national security. Rather than simply providing a cash grant, investing in equity allows the government to recoup its investment or benefit if Intel recovers and grows.

Intel headquarters in Santa Clara, USA. (Source: AP)

Japanese technology conglomerate SoftBank announced plans to buy a 2% stake in Intel for $23 a share, slightly below the market price. The news sent Intel shares up nearly 7%, closing at $25.31.

President Trump initially asked Intel CEO Lip-Bu Tan to resign over concerns about his investments in Chinese chip companies. However, after Tan pledged his loyalty to the United States and met face-to-face at the White House, Trump changed his tune and praised him as having a “great story.”

Both the Trump and Biden administrations have set a goal of boosting domestic chip production. Under Biden, Intel has received $2.2 billion from the CHIPS Act, but factory construction has been slow.

Apple to manufacture all iPhone 17 in India

For the first time, Apple will manufacture all four iPhone 17 models in India and export them directly to the US from the time of launch.

This comes as Apple expands production at five factories in India, including two new facilities. The Tata Group will account for up to 50% of iPhone production in India in the next two years.

Despite the Trump administration’s threat to impose tariffs on iPhones made overseas, Apple has avoided tariffs on imports from India, and has pledged to invest an additional $100 billion in U.S. manufacturing.

Many iPhone models will still be manufactured in India in the coming time. (Source: Endgadget)

Huawei Announces Kirin 9020 Chip in 5G Phones

Huawei has officially confirmed that its new Pura 80 series of phones is equipped with the Kirin 9020 chip - a system-on-chip (SoC) designed by its subsidiary HiSilicon. This is the first time in about 5 years that Huawei has publicly disclosed information about its advanced processor, which was previously hidden due to US sanctions.

Kirin 9020 chip on Huawei phones. (Source: Huawei)

The Kirin 9020 chip name clearly appears in screenshots shared by Pura 80 users after the device was updated with software. Previously, information about the chip in phone models such as Mate 60 Pro and Mate 70 was only known through third-party dissection analysis, without official confirmation from Huawei.

Huawei's announcement of its new Kirin chip shows that the company has made significant progress in developing domestic semiconductor technology, despite strict restrictions from the US. This is a sign that Huawei is gradually recovering its position in the high-tech industry, especially the 5G smartphone segment.

Minh Hoan

Source: https://vtcnews.vn/cong-nghe-20-8-chinh-phu-my-muon-so-huu-10-co-phan-intel-ar960667.html