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Japanese firms stepping up semiconductor production

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At least five Japanese firms have stepped up their production to up with demand for components and chemicals for semi-conductors.

Approximately 60 percent of the materials and components are exported, primarily to Taiwan and other key manufacturing hubs, with the rest used domestically.

It follows Japanese technology companies taking control of the development and production of the advanced materials required for cutting-edge chips.

Nearly the entire global supply of specialised coating and other critical components in the most advanced chips comes from the Land of the Rising Sun.

The nation has a market share of 60 percent or more of the global market for another 70 advanced materials.

Two Japanese companies alone – Shin-Etsu Chemical and Sumco Corporation – control 60 per cent of the global market for silicon wafers.

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Tesla shareholders approve historic $56B Elon Musk pay package

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Tesla shareholders have voted to approve Elon Musk’s unprecedented $56 billion compensation package, underscoring their confidence in his leadership and vision for the electric car company.

The package, which is tied to ambitious performance targets, includes a mix of stock options and bonuses contingent upon Tesla’s financial and operational milestones over the next decade.

As reported by Reuters, the approval underscores the support that Musk enjoys from Tesla’s retail investor base, many of whom are vocal fans of the mercurial billionaire.

The proposal passed despite opposition from some large institutional investors and proxy firms.

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Rich listers secret’s: how billionaires build their wealth

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Australian billionaires, including Gina Rinehart, have built their wealth by investing in valuable, income-generating assets.

For the average person looking to build their wealth, one possible option could be to buy quality assets like stocks when the market dips.

Mark Wyld from MW Wealth joins to discuss. #featured #trending #wyld money

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Buyer’s agent unveils key to building wealth through property

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Unveiling the strategies for game-changing wealth building through property.

Wyld Money dives into the world of financial freedom. Whether you’re a seasoned investor or just getting started, join us for actionable tips and tricks to unlock your earning potential, and retire on your own terms.

In this episode, Mark is joined by Buyers Agent, Jack Henderson from Henderson Advocates. #trending #wyld money

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