South Korea plans to invest about $450 billion in semiconductor manufacturing over the next decade in an effort to establish dominance in this key technology sector. One hundred fifty-three companies will follow a national blueprint devised by President Moon Jae-in’s administration, led by Samsung Electronics and SK Hynix, which raised their investment to 510+ trillion won in semiconductor research and production from now until 2030. The U.S., China and Europe are all building up their semiconductor manufacturing capacity. Continue reading South Korea Invests Big to Build Out Advanced Chip Industry

Netflix became one of the largest companies to move all its information technology to Amazon Web Services’ public cloud platform, completing a process that began seven years ago. The company says that, among hundreds of IT functions in the cloud, it’s moved business logic, distributed databases, big data processing and analytics, recommendations and transcoding apps to the AWS servers, and shut down its last on-premise data center. The shift to cloud services also helped Netflix expand to 130 more countries. Continue reading Netflix Pioneers Upcoming Trend of Moving IT to Public Cloud

Israel-based technology company OrCam is introducing its compelling take on augmented reality at this year’s CES. The company’s device is similar to Google Glass, but the hardware is more discrete and does not save images or audio, which could help alleviate privacy concerns. The MyMe digital assistant is designed to give the user advice based on the world around them. The assistant speaks through a Bluetooth earpiece and the tiny camera clips to a shirt. All of the data processing is done in real time. Continue reading OrCam Unveils Discrete Digital Assistant for AR Applications