Siemens

Illustrative photo For several months the Ministry of Transport opened bids for many public investment projects, such as expressways, but contractors showed no interest in them, which then forced the ministry to select and directly appoint contractors. Tender disagreement A story doing the rounds about the inadequacies in bidding is on the controversy surrounding the bidding criteria for the package, Engineering Procurement and Construction (EPC) of Nhon Trach 3 and Nhon Trach 4 Power Plants of PetroVietnam Power Corporation (PVPower), which occurred last year. At that time, PVPower believed that the project's EPC bidding documents were competitive, transparent, and fair, while Siemens Energy Company, which is a foreign contractor, asserted that PVPower made inappropriate regulations, restricting contractors from participating. Such an incident was also caused by the monopoly position of the Original Equipment Manufacturer (OEM) and General Electric (GE). After being … [Read more...] about Contractors bound under Law on Bidding

The chips apply Gate-All-Around (GAA) technology. The second-generation 3nm process helps reduce power consumption by up to 50 per cent, improve performance by 30 per cent, and reduce the required area by 35 per cent in comparison with the existing process. Samsung has surpassed its rival TSMC of Taiwan in the race to advance its chipmaking technology. As a result, Samsung is expected to secure more orders from customers who are seeking powerful chips that enable smaller, faster, and more efficient technology products, as reported by newswire Yonhap. According to Yonhap , TSMC will begin mass production of 3nm chips in the second half of the year. Samsung and TSMC have been in fierce competition by bringing the most advanced and efficient chips to the mass market. "Samsung opened a new chapter in the foundry business today, with the start of mass production of 3nm chips," Kyung Kye-hyun, CEO of Samsung's device solutions division, which supervises the chip business, said at … [Read more...] about Samsung marks its first shipment of cutting-edge 3nm chips