Tech News

Why are chip prices going up in 2021

Why are chip prices going up in 2021

Mr. Hamid Shahzad, CEO Tetralink Technologies Visited & Evaluated  the Startups of Cohort 4 After Their Successful Completion of Incubation At Superior University

Team ID92 started off the Demo Day of Cohort 4 after their successful completion of Incubation. Mr. Asim Jamil, Corporate and Industrial Trainer, Mr. Hamid Shahzad, CEO Tetralink Technologies and Mr. Muhammad Jawwad, Program Manager ID92 evaluated the startups and determined their progress.
Such events are important for students in their journey of becoming the next generation of leaders. So exciting to see such interesting and hardworking startups emerging from Superior University.

Mr. Hamid Shahzad, CEO Tetralink Technologies Visited Innovation District 92 (Superior University) and Gave His Input On Their Incubation Program As a Mentor

Mr. Hamid Shehzad, CEO Tetra link took time out to visit Innovation District 92 and gave his input on our incubation program. We feel extremely honored to have a motivational personality like him on board with us. Mr. Hamid is now officially a mentor at ID92 and will be engaged in incubation activities from now on.

Taiwan tech giants Foxconn and TSMC to buy 10m Covid jabs

Two of the world’s biggest technology manufacturers are buying 10 million doses of a Covid vaccine for Taiwan.

Taiwanese firms Foxconn, which makes devices for Apple, and chip giant TSMC brokered the agreements for the BioNTech vaccine, worth $350m (£252m).

Taiwan has been trying for months to buy the vaccine from Germany’s BioNTech and blames China for blocking a deal.

China, which claims the self-ruled island as its own territory, denies the accusations.

The agreements will see Foxconn and Taiwan Semiconductor Manufacturing Co (TSMC) buy five million doses of the vaccine each and donate them to the government for distribution.

The deal was announced in a statement by BioNTech’s Chinese sales agent Shanghai Fosun Pharmaceutical Group.

Fosun Pharma’s chairman and chief executive Wu Yifang said they would “work closely with our partners to provide safe and effective vaccines to Taiwan at an early date”.

Foxconn’s billionaire founder and chairman Terry Gou wrote on his Facebook page that Beijing did not interfere with the talks.

BioNTech developed the mRNA vaccine, which is marketed as Comirnaty, in collaboration with the US pharmaceuticals giant Pfizer.

Taiwan’s government has faced intense pressure from the public to speed up its coronavirus vaccination programme.

Last month the government agreed to allow Mr Gou and TSMC to negotiate deals for the vaccines on its behalf.

A major Taiwanese Buddhist group, the Tzu Chi Foundation, is also trying to buy vaccines for Taiwan.

Separately, the US and Japan have donated a total of almost five million Covid vaccine doses to Taiwan to help the island accelerate its vaccination programme.

Meanwhile, Taiwan has millions of vaccines on order, mainly from AstraZeneca and Moderna.

Just 0.3% of Taiwan’s population is fully vaccinated.

Last week, Taiwan’s President Tsai Ing-wen said the government aims to have 25% of its population vaccinated with at least one dose of a two-shot jab by the end of July.

× How can I help you?