Science & Technology
EU inaugurates first mainland satellite launch port
2 minute read Friday, Jan. 13, 2023KIRUNA, Sweden (AP) — The European Union wants to bolster its capacity to launch small satellites into space with a new launchpad in Arctic Sweden.
European officials and Swedish King Carl XVI Gustaf inaugurated the EU's first mainland orbital launch complex on Friday during a visit to Sweden by members of the European Commission, which is the 27-nation bloc's executive arm.
The new facility at Esrange Space Center near the city of Kiruna should complement the EU’s current launching capabilities in French Guiana.
European Commission President Ursula von der Leyen said small satellites are crucial to tracking natural disasters in real time and, in the light of Russia's war in Ukraine, to help guarantee global security.
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Toyota pushes zero-emission goals by converting old models
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2 minute read Preview Thursday, Jan. 12, 2023Taiwan chipmaker TSMC says quarterly profit up 78%
2 minute read Thursday, Jan. 12, 2023TAIPEI, Taiwan (AP) — Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday its quarterly profit rose 78% over a year earlier but forecast weak demand this year.
Revenue for the final quarter of 2022 rose 42.8% over a year earlier to 625.5 billion New Taiwan dollars ($20.6 billion), the company announced. Profit was 295.9 billion New Taiwan dollars ($9.7 billion).
TSMC, headquartered in Hsinchu, Taiwan, makes processor chips for brands including Apple Inc. and Qualcomm Inc. Many of their products are assembled by factories in China, which has exposed TSMC to the possible impact of U.S.-Chinese tension over technology and security.
Fourth quarter sales suffered from “demand softness” as global economies weakened, TSCM's chief financial officer, Wendell Huang, said in a statement. Huang said the company expects further sales weakness during the first quarter of 2023.
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