Industry
How AI will tackle fraud in financial industry in Bangladesh
“Fraud is an uncommon, well-considered, imperceptibly concealed, time-evolving and often carefully organized crime which appears in many types of forms.” – Van Vlasselaer et al
Despite justifiable initiative some important questions still remain
The initiative to introduce the National Equipment Identity Register (NEIR) system is commendable. My point is: Mobile handsets are now being manufactured in the country. Therefore, the initiative to end the market of handsets smuggled through tax evasion to encourage local production should be viewed with appreciation. But the question is how many times will BTRC take such initiative, and how many times will we appreciate it and be disappointed?
The fabless revolution
There was once a saying in Silicon Valley: "Real Men Have Fabs" - that is, real semiconductor companies are those that have their own fabrication ('fab') plants or factories. But in the late 1980s, this idea changed completely with the help of a new generation. These entrepreneurs used to design chips themselves, but outsource the manufacturing work, whose main partners were companies like TSMC. This newly born business model is called the 'fabless model'.
Intel’s 'innovator’s dilemma'
On the stage of the Macworld Conference in San Francisco, history was about to be made in January, 2006. One after another, Apple co-founder Steve Jobs and Intel CEO Paul Otellini stepped onto the stage. That day, Jobs made a historic announcement: from now on, all Mac computers would run on Intel processors.
Why port terminals being handed over to foreign companies
It was promised that reforms would take place—reforms that would prioritise the country, its people, democratic institutions and the judiciary; reforms that would ensure no future autocrat could rise again, that would bring balance to power, make the police humane, and make the law, justice and administration citizen-friendly, thereby establishing social justice.
Historic battle over lithography
One day in 1992, Intel researcher John Carruthers approached the company’s CEO, Andy Grove, with a strange request. He asked for $200 million in funding to research a technology that no one was sure would even work. The technology was called Extreme Ultraviolet (EUV) Lithography—an ultra-precise process of etching electronic circuits onto silicon.
The beginning of China’s semiconductor industry
In 1987, two very different dreams were born in Asia. In Taiwan, Morris Chang set his sights on building a company called TSMC that would manufacture the world’s best chips. At the same time, in Shenzhen, China, Ren Zhengfei founded Huawei—a small business that purchased cheap telecom equipment from Hong Kong and sold it in the Chinese market.
Taiwan’s rise in semiconductors and birth of TSMC
One afternoon in 1985, Taiwan’s influential minister K.T. Li invited Morris Chang to his office. Nearly two decades earlier, it was Li who had persuaded Texas Instruments to set up the first chip factory in Taiwan.
Computer chip: Bonafide hero of Gulf War
US F-117 bombers took off silently from an air base in Saudi Arabia at the dawn of January 17, 1991. The target was Baghdad.
Rise of Korea: Enemy's enemy is an ally
Lee Byung-chul was an individual with natural, innate traits for entrepreneurship. He had a magical aura in dealing with business— he was successful in whatever business he took up. In 1938, when the drums of war were rolling out all around, and Korea was under Japanese rule and at war with China, he started his dream company, Samsung.