Class Saathi and Agastya International foundation collaborate to impact over 75,000 students across India

Biden Is Giving $6 Billion to Micron Technology for Semiconductor Production

Biden Is Giving $6 Billion , to Micron Technology , for Semiconductor Production. On April 25, President Biden will travel to Syracuse, NY, to announce over $6 billion in federal grants that his administration is awarding to Micron Technology, NPR reports. . Senate Majority Leader Chuck Schumer, who was heavily involved in enacting the CHIPS and Science Act, issued a statement about the investment. . This is the federal government taking back the reins, putting money where its mouth is when we say we want the future of tech to be stamped: 'Made in America.', Senate Majority Leader Chuck Schumer, via statement. Micron will invest $100 billion of the funds to construct a manufacturing facility in Syracuse. Schumer referred to the plan as "quite a great return" on the government's investment. A factory will also be built in Boise, Idaho, NPR reports. . That facility is expected to be ready for production by 2026, while two New York factories will likely be ready by 2028 and 2029. The White House estimates that the projects could create 20,000 jobs in construction and manufacturing. in addition to "tens of thousands of indirect jobs in the regions," NPR reports. . The CHIPS and Science Act has also provided funding for Intel, TSMC and Samsung

Samsung Knocks Apple From Top Phonemaker Spot

Samsung Knocks Apple , From Top Phonemaker Spot. Samsung Knocks Apple , From Top Phonemaker Spot. Fox News reports that Apple's phone shipments have dropped by about 10%. During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%. During Q1 2024, Apple had a 17.3% market share, while Samsung had 20.8%. Xiaomi came in third with 14.1%. Samsung shipped over 60 million phones during Q1 2024. Samsung shipped over 60 million phones during Q1 2024. Apple only shipped 50.1 million. . Last year during the same time period, Apple shipped 55.4 million. . Overall, smartphone shipments rose 7.8% worldwide to 289.4 million units during Q1 2024. The increase in Samsung shipments could be attributed to the company's release of Galaxy S24 series phones. During a launch event at the beginning of the year, Galaxy AI, which is incorporated into the company's new smartphones, was touted as "a new era of mobile AI.". News of Samsung's triumph comes as Apple is cutting over 600 jobs in California following reports that the company is abandoning its electric car efforts. . News of Samsung's triumph comes as Apple is cutting over 600 jobs in California following reports that the company is abandoning its electric car efforts.