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TSMC Allegedly Increasing Chip Prices By 20 Percent Amidst Ongoing Shortage

August 28, 2021 By Keith Leave a Comment

An informative article on Penang.

TSMC is reportedly increasing the prices of its chips, the company told its clients earlier in the week. According to a report by WSJ (paywall), the semiconductor manufacturer plans on raising its prices by as much as 10% for its advanced chips and 20% for less advanced components.

The announcement clearly isn’t happy or welcome news, given that the world is still suffering from an ongoing chip shortage that many experts and industry leaders say could last well into 2022 and the early months of 2023. On top of that, TSMC’s price hike will most definitely be reflected within the final bill of finished products that use its components.

That list, by the way, unsurprisingly includes electronic goods like laptops, phones, PC components, and game consoles like the PlayStation 5 and Xbox Series X. Product that, by the way, are made by equally big name brands like Apple, AMD, NVIDIA, and Qualcomm, to name a few.

There is, of course, a silver lining of sorts in TSMC’s announcements. Raising the prices means that, for the first time since the pandemic began, demand for its chips could ultimately reduce and, in turn, take some pressure off already constricted supplies. At least, until its new factories in the US and Taiwan become operational.

(Source: WSJ via The Verge, Nikkei)

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MM2H programme to resume in October

August 12, 2021 By Keith Leave a Comment

An informative article on Malaysia.

The government is to resume the Malaysia My Second Home programme (MM2H) in October, after suspending it a year ago.

Home Ministry secretary-general Wan Ahmad Dahlan Abdul Aziz said the Cabinet decided on this at its meetings on July 14 and 30.

This was part of decisions made to improve policies under the national recovery plan (NRP) to kick-start the economy.

The MM2H programme was suspended for a review by the tourism, arts and culture ministry and related agencies following the Covid-19 pandemic.

“New applications will be processed and coordinated by the immigration department (JIM), beginning October 2021, after all related legal processes are completed,” Dahlan said at a press conference at the ministry today.

He said the government understood the concerns involving any influx of foreign nationals into the country through this programme.

“The government has agreed to set a ceiling for the number of participants (the principal and their dependents) at any one time. They would not be more than 1% of the population of Malaysia.

“The home ministry guarantees that only qualified participants, without past criminal records, will be allowed to take part in the MM2H programme,” he said.

He said 10 new criteria will be introduced under the MM2H.

Among them is a duration of stay of at least 90 days (cumulative) in a year, with an offshore income of at least RM40,000 a month, compared with RM10,000 before this.

Aside from that, they must have permanent savings of at least RM1 million, from which a maximum 50% can be used to purchase property, and take care of the health and education of their children.

He said the social visa pass will be valid for five years. This can be extended by another five years and beyond, so long as participants abide by the set criteria.

“Among the other criteria is a declaration of liquid assets of at least RM1.5 million.

“The pass fees will be raised to RM500 a year (from RM90). The processing fee will be set at RM5,000 for the principal participant and RM2,500 for each dependent.

“Pass renewals and any changes to the nationality of participants and their dependents will also be vetted for safety.”

Participants must also present a letter of good conduct for themselves and their dependents, Dahlan added.

He said, so far the top 10 countries with the highest number of applications for the MM2H programme are China (with 1,000 applicants), Japan (more than 200), the United Kingdom, Bangladesh, Korea, Singapore, the US, Australia, Taiwan and Indonesia.

However, Dahlan said people from certain countries were on the banned list due to the ongoing Covid-19 pandemic.

Source: FreeMalaysiaToday.com

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Malaysia Street Food Penang Wednesday Night Market

June 24, 2021 By Keith Leave a Comment

videos on Penang Malaysia.

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Malaysia Street Food Penang Monday Night Market

June 14, 2021 By Keith Leave a Comment

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Biden Replaces And Expands Trump-Era Blacklist Of China Firms

June 6, 2021 By Keith Leave a Comment

A great article on Malaysia.

US President Joe Biden just signed an executive order that replaces as well as expands a Trump-era blacklist of Chinese companies that US entities are banned from investing in.

Companies on that blacklist, which was previously maintained by the US Department of Defense, have been accused by Washington of supporting China’s military industrial complex. Biden’s order adds roughly 10 publicly listed companies to the blacklist, which now sanctions about 59 firms, and effectively shifts it to the US Treasury Department, Reuters reported.

Blacklisted firms include familiar names like Huawei and Semiconductor Manufacturing International Corp (SMIC), China’s biggest chipmaker. It’s worth mentioning that both the US and China are engaged in an escalating race to secure a steady supply of semiconductor chips amid a global shortage.

A senior administration official said that more companies are expected to be added to the blacklist. Another official noted that the move builds on the Trump-enacted list, which the current administration views as flawed and vulnerable to legal challenges.

According to the executive order, the Biden administration also finds “that the use of Chinese surveillance technology outside the PRC (People’s Republic of China) and the development or use of Chinese surveillance technology to facilitate repression or serious human rights abuse constitute unusual and extraordinary threats.”

Beijing, of course, isn’t pleased with Biden’s order.

“The U.S. government is stretching the concept of national security, abusing national power and using every possible means to suppress and restrict Chinese enterprises,” said Chinese foreign ministry spokesperson Wang Wenbin.

(Source: Reuters. Images: Joe Biden / Facebook, Gaston Laborde / Pixabay.)

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Here’s a List of Online Stores on Shopee to Shop at Home During MCO 3.0

May 24, 2021 By Keith Leave a Comment

An interesting post about Penang Malaysia.

Malaysia recorded a shocking new high of 6,976 cases as of yesterday. We highly recommend everyone to stay at home, and stay disciplined to stop the numbers from rising. If you’re thinking of heading out to grab necessities, why not shop online, at the comfort of your home? A one-stop-shop-all, we’ve curated a list of online stores on Shopee that have you covered, from groceries and snacks to beauty products!

15 Online Stores on Shopee to Shop at Home During MCO 3.0:

#1 Don Don Donki

Remember the overwhelming queue when Don Don Donki first opened at Lot 10? Well, you can now skip the line because they have an online store on Shopee! Shop a plethora of Japan-made goods and treats with just a few clicks and they’ll deliver to your doorstep.

Link: https://shp.ee/s9r4kke

#2 Watsons

If you’re thinking of heading out to replenish sanitizing products at your nearest drugstore, Watson is available on Shopee. Everything you can find at the physical store is available online! Save the hassle of carrying those products in your hands when you can get them delivered to your doorstep, easy peasy.

Link: https://shp.ee/4hm44h7

#3 Guardian

Another drugstore brand, Guardian is also on Shopee. Depending on your preference, shop for all the things you need, from shampoos to supplements, face masks, sanitizing products, and more. Avoid close contact with others and at the same time, get what you need, all at your fingertips.

Link: https://shp.ee/cgyfunp

#4 Daiso

Shop anywhere at home for your Daiso must-have products! We’re so happy to see them on Shopee, some of their tools sure come in handy. The best part is, they’re offering free delivery with only a minimum spent of RM15.

Link: https://shp.ee/waji25g

#5 MUJI

A Japanese lifestyle store, we’ve always been a fan of MUJI due to its minimalist approach. Now that most of us are cooped up at home, elevate your experience at home with their aesthetic products. We love their humidifier, essential oils, cotton t-shirt, and snacks. Shop your favourite MUJI products on Shopee, with free delivery of over RM40 spent.

Link: https://shp.ee/sjme36q

#6 Lotus’s (Tesco)

Formerly known as Tesco, Malaysians are no stranger to this grocer store. Well, they’re still labeled as ‘Tesco’ on Shopee, so clear your grocery list online. No more exposing your hands to that pesky dirt and bacteria, causing further contamination. PS: Free shipping for orders over Rm40 and a ton of shopping vouchers available!

Link: https://shp.ee/pxuprab

#7 Eslite Bookstore (诚品书店)

A famous bookstore from Taiwan, kill boredom at home and expand your knowledge with a few books. They have a variety of imported books available, from cookbooks to kids learning, comics, self-help books and more. Not to mention a lot of their books have such beautiful covers, though most of them are in Mandarin.

Link: https://shp.ee/4majbbp

#8 MPH

Another bookstore on Shopee to explore different genres, and in different languages. Your books are carefully wrapped and will arrive in tip-top condition. Not to mention they have free shipping for orders over RM15, and a list of vouchers to redeem.

Link: https://shp.ee/3gwhcry

#9 Miniso

Looking for cute items to add a splash of colour to your home? Look for Miniso on Shopee and shop their range of affordable yet adorable items. From plushies to gadgets, household items and more, you’ll be spoilt for choice.

Link: https://shp.ee/arm376q

#10 Sasa

Staying at home doesn’t mean self-care should be neglected. Sasa is now on Shopee, and they have an array of imported products from Asian and Western countries. So shop and restock your favourite beauty products from them now.

Link: https://shp.ee/kde8em7

#11 Mydin

Another grocer store to explore on Shopee if you’re thinking about heading out for necessities. Stay home and let Mydin deliver your goods to you anytime, and anywhere. You can even send a care package to your loved ones to remind them of how much you love them.

Link: https://shp.ee/6zev4ep

#12 EcoShop

Everything for RM2.10? Sounds like a plan. Ladies and gentlemen, the famous EcoShop is now on Shopee. Shop for everything for only RM2.10 each, this is no April Fools because it’s already almost June. On top of that, enjoy free shipping for orders over Rm40.

Link: https://shp.ee/c994q6y

#13 MR DIY

We Malaysians love shopping for different kinds of products in one store. Something’s broken in your crib and you need to fix or replace it ASAP? Shop MR DIY online, they have almost everything you need, from household products to decors and snacks.

Link: https://shp.ee/ffxdq4b

#14 Nestle

What are some of the Nestle products that you’re most familiar with? Apart from Milo, the brand offers a plethora of products. From instant drinks and meals to seasonings, milk, snacks and more, stock up these products for when you need them.

Link: https://shp.ee/3c8ummq

#15 SHINSEGAE (SSG)

Finally, the shop that we’re most excited about! SSG is heaven for Korean products and is shipped directly from Korea. Meaning, better prices with more varieties. From delicious-looking snacks to Korean household staples like seasonings and cooking ingredients, you’ll have a fun time browsing through the page.

Link: https://shp.ee/45hztmw

Stay Home, Stay Safe:

Foodies, let us all do our part in curbing the numbers by staying at home. Shop for all the things you need on Shopee (not an ad) at the comfort of your crib. Don’t forget to tag and share these online stores to your friends. That’s all, take care and buh bye!

Check Out: MS Food Court Now Offers Their First Ever Doorstep Delivery Service This MCO 3.0

Don’t Miss Out: You Can Now Get Halal Frozen Dim Sum & More Delivered To Your Front Door

Also Read: FamilyMart Drops New Gianduja Chocolate Hazelnut Sofuto Flavour

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Taiwan’s Water-Dependent Chip Industry Faces Worst Drought In Country’s History

May 19, 2021 By Keith Leave a Comment

An interesting article about Malaysia.

As if the global pandemic isn’t enough, Taiwan’s chip industry is facing the worst drought in the island’s history. The government said it would tighten water rationing in major chip-making hubs Hsinchu and Taichung from 1 June onwards if there isn’t significant rainfall by then, Reuters said.

The production of chips requires astounding amounts of water. And as the island produces a good chunk of the world’s semiconductor chips, we may be looking at further supply disruptions down the road.

Taiwan’s economy ministry would require companies in the two aforementioned hubs to slash water consumption by 17% if rain doesn’t come. Illustrating the seriousness of the crisis, reservoirs in the island’s central and southern regions now sat below 5% of capacity, the ministry said.

The drought has also caused two major islandwide blackouts in less than a week, as the country’s hydroelectric plants are obviously affected by the lack of water.

TSMC, the world’s largest contract manufacturer of chips, has factories in both Hsinchu and Taichung, but told Reuters that it had seen no impact on production. The company said it would continue to cut its water use and compensate by buying supplies from tanker trucks for some foundries.

The tech and automotive industries have seen crippling production delays due to a global shortage of chips. It’s unclear how or if the drought in Taiwan will exacerbate the ongoing crisis. But TSMC itself expects the shortage to last throughout this year and potentially into the next.

(Source: Reuters.)

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Châteraisé Patisserie Has Officially Opened 2nd Outlet At Queensbay Mall Penang

April 2, 2021 By Keith Leave a Comment

A great post about Malaysia.

How much do you love desserts? If you’re a true foodie, then you probably have an entire stomach dedicated to savour desserts only. Well, here’s the tea. Châteraisé Patisserie has officially opened its 2nd outlet at Queensbay Mall Penang today!

2nd Châteraisé Outlet Is Now Open At Queensbay Mall

Just last year, Châteraisé has opened its very first outlet in Penang over at Gurney Plaza and the queue was nothing less than an insane snaking line. So if you’ve yet to try the one at Gurney Plaza, then you can now even try out their line of Japan-imported desserts at Queensbay Mall.

Chateraise Queensbay Mall — Photo: @QueensbayMall (Facebook)

At Châteraisé, you can expect to find over 200 types of imported Japanese desserts here! Châteraisé is a dessert outlet from Japan that has signature pastries loaded with fruits. Aside from that, they also have matcha pastries, Taiyaki ice cream, macarons, cream puff and more.

Here in Malaysia, the very first Châteraisé outlet opened at Isetan KLCC in March 2016. That isn’t all, Châteraisé even has international outlets in Taiwan, Singapore, China, Indonesia, Thailand, as well as Hong Kong.

Sign Yourselves Up For A Sweet Weekend

So what are you guys planning to do this weekend? How about filling it up with an array of beautiful and lip-smacking desserts at Châteraisé Queensbay Mall? Be sure to abide by the SOPs when you’re there!

Address: GF-98, Queensbay Mall, 100 Persiaran Bayan Indah, 11900 Bayan Lepas, Pulau Pinang

Operating Hours: 10:00 AM – 10:00 PM (Opens Daily)

Read More: Perfect Ice: Korea’s Famous Milkshake And Ice Cream Joint Opens First Outlet In Penang

Check Out: Starbucks At Home In Queensbay Mall Has Free Coffee, Personalised Notebooks & More

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Malaysia Street Food Penang Friday Night Market

February 26, 2021 By Keith Leave a Comment

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Malaysia Street Foods in Penang Island

February 12, 2021 By Keith Leave a Comment

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