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Industry
Intel pushes into foundry market, focus on Samsung response
Intel’s push into the contract chipmaking market is becoming visible through orders from big tech firms, with Tesla set to use Intel’s 14A process for AI chips and Google reportedly shifting part of TPU production. The move comes as TSMC capacity constraints have opened space for alternatives such as Samsung Electronics. Intel’s U.S. government backing and leadership hires add to competition for U.S. customer volumes, as Samsung prepares to outline its technology strategy at upcoming forums in Seoul.
AI & Enterprise
Dowoo Information to supply YMTC consumer SSD brand ZHITAI in South Korea
IT distributor Dowoo Information said on Thursday it signed an official distribution agreement in South Korea with ZHITAI, the consumer storage brand of NAND flash memory maker YMTC, and will launch a next-generation PCIe SSD lineup. The products include PCIe 5.0 models TiPro9000 and TiPlus9100, and the PCIe 4.0 TiPlus7100s. The company said competition is intensifying as AMD and Intel platforms support PCIe 5.0 SSDs.
Finance
Naver raises 1.62 trillion won with simultaneous dollar and euro green bond issue
Naver said on Tuesday it issued global green bonds simultaneously in U.S. dollars and euros. The offering comprised a $500 million five-year bond and a 500 million euro seven-year bond, totalling $1.1 billion, or about 1.62 trillion won. It secured more than $10 billion of orders from 437 investors. The dollar bond priced at 4.375 percent and the euro bond at 3.750 percent. Proceeds will be used for eco-friendly data centres and energy-efficiency projects.