Beelr, Blue Area, Islamabad (2025)

23/04/2023

Countries are Racing for Controlling the Earth's North Pole: Strategic and Economic importance of Arctic Circle ||

Introduction:
The race for control of the Earth's North Pole, also known as the Arctic Circle, has been a growing concern for many world countries in recent years. The Arctic Circle is an area located at the northernmost part of the planet and is surrounded by the Arctic Ocean. The countries that are particularly interested in this region are the United States, Russia, Canada, Denmark, and Iceland. These nations are in competition with one another to assert their control over this important region for several strategic and economic reasons.

The Arctic Circle is a vast area of approximately 14.05 million square km, which is roughly one-sixth of the Earth's surface. This region is rich in natural resources, including oil, natural gas, minerals, and other precious metals. It is estimated that there are approximately 13% of the world's oil and 30% of natural gas reserves in this region. The growing demand for these resources has led to a heightened interest in the Arctic Circle, with countries racing to control these natural resources.

Strategic Importance of North Pole:
Another reason why countries are competing to control the Arctic Circle is due to its strategic importance. The Arctic Circle is a key shipping route between Europe and Asia, and it is becoming increasingly important as the ice in the region melts, making it easier for ships to traverse. This has made the Arctic Circle a crucial route for trade and commerce, which is why countries like Russia and Canada are competing to control this area. Russia, in particular, desperately wants access to the North Pole, since Russia’s geography is so much harsh and complicated that it has a very limited access to viable ship routes. Therefore, Russia is the top player for claiming the rights over parts of the Arctic region.

Furthermore, the Arctic Circle is of great strategic importance to military forces around the world. The area is home to a number of military bases, including airbases, radar sites, and naval ports. These installations provide military forces with a valuable vantage point to monitor the activities of other countries and to defend their own interests.

Stakeholders in the Arctic Circle:
Russia is the top player in the race for gaining control of the North Pole. Russia has adopted a very strict policy to control the Arctic Circle. North Pole is like a lifeline for Russia, as the country is technically landlocked, because most of its northern coastline is frozen throughout the year. Therefore, for trade activities, Russia heavily relies on Black Sea and Baltic Sea, both of which are controlled by NATO countries Turkey and Denmark. Hence, Russia desperately wants its presence in the waters of the Arctic ocean near the north pole to provide an alternative route for its trade and military ships, and thus, avoid any kind of escalation with its strategic rival NATO.

Denmark is also a major player in the race for control of the Arctic Circle, as it controls Greenland, which is located within the arctic circle. The country is keen to assert its control over this region, as Greenland is a major source of minerals and other resources, including rare earth elements. These rare elements are used in the production of high-tech devices.

Iceland, on the other hand, is interested in the Arctic Circle for different reasons. The country is keen to maintain its fishing industry, which is a major source of income for its economy. Iceland is also keen to protect its unique marine environment, which is home to many species of marine life. The Arctic Circle is home to whales, seals, and other sea mammals.

The United States is interested in the Arctic Circle, as it seeks to protect its national security interests. The country is keen to maintain its military presence in the region and to ensure that the Arctic Circle remains a secure and stable region. The United States is also interested in the economic benefits that the Arctic Circle can provide, including access to valuable natural resources, such as oil and natural gas. Currently, the USA is the world’s largest oil producer.

The race for control of the Earth's North Pole, or the Arctic Circle, is a complex issue that involves many different countries and their strategic and economic interests. The region is rich in natural resources, which makes it a valuable area for countries to control. Moreover, it is also a crucial shipping route and has strategic military significance, which makes it an important area for countries to monitor. Therefore, the Arctic Circle is a region of great importance to the world and will continue to be a major area of interest for many years to come.

How will the Arctic Territories be divided?

There are five countries that have made claims to the Arctic Circle: Canada, Denmark (Greenland), Norway, Russia, and the United States.
These countries are claiming sovereignty over the Arctic Circle for various reasons, including access to natural resources, shipping routes, and strategic military positioning. The United Nations Convention on the Law of the Sea (UNCLOS) provides the framework for determining maritime boundaries and the extent of territorial waters for each country. UNCLOS also established the International Seabed Authority (ISA), which manages the exploration and exploitation of the seabed and ocean floor beyond national jurisdiction.

The North Pole itself is located in the middle of the Arctic Ocean, which is covered by ice throughout the year. The continental shelf of the Arctic Ocean is divided among the five Arctic coastal states, based on the geological and geophysical characteristics of the seabed. According to UNCLOS, a coastal state is entitled to a continental shelf extending 200 nautical miles (370 kilometers) from its shore. However, if the continental shelf extends beyond this distance, a state may claim an extended continental shelf up to a maximum of 350 nautical miles (648 kilometers) from its shore. This territory is known as the Exclusive Economic Zone(EEZ) of the country.

The criteria for determining the extent of the continental shelf includes the geological and geophysical features of the seabed, such as the thickness and composition of the sedimentary rocks and the depth of the water. The data used for this assessment comes from extensive mapping and scientific research conducted by the coastal states.

The division of the North Pole territories among the countries claiming the Arctic Circle is not straightforward and is subject to negotiations and agreements between the states involved. The Arctic Council, an intergovernmental forum composed of the five Arctic coastal states and other observer states, provides a platform for cooperation and coordination on issues related to the Arctic. The Council aims to promote sustainable development and environmental protection in the region, while respecting the rights and interests of the Arctic states.

Click Here: https://www.beelr.com/2023/03/who-controls-the-north-pole.html
Click Here: https://www.beelr.com/2023/02/USA-China-trade-war-explained.html
Read More on Our Website: https://www.beelr.com/

22/04/2023

What is USA-China trade war? Why are America and China racing for domination in the world trade. USA sanctions on China explained ||

With the US and Chinese economies having been at a standstill in recent years due to their economic rivalry, there is no doubt that they will try and rekindle their relationship with an aim of improving relations between them again. But it will not be like any other time before when both countries have to deal with each other. In this article, we will look into what is happening in Asia and how does it will affect Europe as well.

USA has imposed significant sanctions on mainland China over its alleged military aggression against Taiwan. The move was a result of fears that Beijing will invade Taiwan and take control over Taiwanese territory, which could destabilize regional peace and security.

With Russia's invasion of Ukraine, America has also come under heavy pressure to impose strong sanctions on Moscow and its allies. This move can be seen as a way of counteracting Russian attacks on NATO countries and the West.

In addition to all these tensions between our countries, we should also remember about the rise in food inflation across most countries. It was reported that 1/3rd of Americans are worried about rising prices of food and energy, and a majority of the consumers do not know how to manage their budget. So, many people were forced to cut back on buying things to make sure that they don't experience such tough situations.

However, despite all this turmoil going around us, we must be very careful as sometimes we might find ourselves at the crossroads between those two superpowers. If we decide to act now and if we are prepared to face the consequences of our action then we cannot afford to risk something so big and powerful like conflict. Therefore, while some of you might get really angry reading out all of this, I am here to share everything you need to know about US-China Trade War and why China might want to retaliate.

What is the current state of US-China-Taiwan Trade war?
The United States imposed significant tariffs on hundreds of billions worth of goods imports from China back in 2019. At the same time, the Chinese government continued expanding their influence in almost every sector of global politics including technology, agriculture, financial services, defense, science, and research. While these measures were mostly focused on deterring foreign investment in industrial sectors, they did little or nothing to stop imports from American companies.

However, this new move by Washington will not be easily accepted by China because the People’s Republic already has a number of problems related to trade from time to time. One of these issues is that the Chinese economy is slowing down but it is nowhere near collapsing.

But since it is difficult to tell if there has been a real change in China-US relationships, some experts argue that, instead of reducing and eventually eliminating tariffs after the Trump administration had left office, it will just help keep the existing tariffs even higher and increase the price of raw commodities needed for manufacturing purposes.

Why is China Exercising Its Right To Counteract Withdrawal From WTO? Why Do We Need to Take Action Against Them?

Recently, China announced its intentions to withdraw the application for joining the World Trade Organization (WTO) based on concerns about potential discriminatory implications of the tariff regime adopted by Washington. They asserted that while it would hurt small businesses in the US – who are the biggest exporters and purchasers of products in the region – it would also hurt China’s domestic buyers and producers – who import large quantities of consumer goods from the country.

While withdrawing from WTO has become popular among European leaders, their position seems more ambiguous. Some believe that Europe needs to maintain its presence in the international forums where decision-making bodies have to pass on the benefits of international rules-of-thumb (ROTs). Besides, European Union member states are reluctant to give up all their leverage as they believe that they may benefit from using ROTs more than others. Still, it seems that there are some differences between EU counterparts who seem to be united in pressuring China to comply with the requirements set out in the ROTs that were agreed upon in 1994.

At the end of 2018, it came down to a choice: either accept to join the ROTs or quit playing by the rules. According to Reuters, only 26% of representatives of G20 finance ministers and central bankers were willing to support China’s withdrawal from the ROTs. Meanwhile, the rest said that leaving the ROTs would harm their business relationships and therefore, they would prefer to stay aligned to the framework set by the ROTs. Furthermore, some economists think that China will refuse to leave the ROTs because it believes that being outside the agreement would undermine market sovereignty.

So why should Australia, Canada, and New Zealand not cooperate with China?

According to reports, China intends to remove barriers to trade through anti-dumping duties and quotas that currently remain intact in areas such as agricultural products and certain manufactured goods to ease access to supplies. These measures are expected to protect the world’s largest importer of agricultural products, adding that China will implement anti-dumping regulations and “support its exports through preferential treatment.”

In fact, the main goal of China’s proposed changes to WTO rules is to eliminate unfair competition for domestic manufacturers (including private farms) and reduce restrictions for industries within the Asian developing region. However, critics say that it would deprive Small and Medium Enterprises(SMEs) from better access to markets and production. Moreover, it would create shortages in certain products, lower wages, raise costs and create additional taxes on local markets. Consequently, the effect would be weaker growth and slower economic development.

As discussed earlier, the main concern of China is to secure domestic supply chains and ensure fair competition over their exports to the rest of the world. While this aim could be a boon for many, there have always been cases where China used non-standard approaches to ensure access to overseas markets. For example, in 2016, Chinese customs officials threatened South Korean seafood exporter Jumho Heavy Industries Ltd. because of its inability to pay customs fees for imported fishmeal. Following this incident, South Korea decided to ban Chinese vessels from entering its waters to prevent future threats. As time passed, more countries followed suit banning Chinese ships and stopping all shipments of seafood to the Peninsula.

But recently, in an effort to curb illegal trade, Chinese authorities have banned three major trading hubs for goods, including Shanghai and Guangzhou; in November 2020, the Ministry of Commerce warned enterprises and individuals about risks associated with investing in Hong Kong and Macau; and last year, the Government issued a plan to establish a comprehensive system for checking intellectual property rights at home and abroad. Such a step could lead to severe penalties in accordance with existing laws, including confiscation of assets associated with IP theft.

What kind of impact can US-China trade war have on Europe?

There are several reasons why America and China are engaged in trade wars. First, these countries differ dramatically politically in terms of views on globalization and national identities with regard to governance systems. Second, whereas the US economy is growing faster than China’s, most economists think that even though the former is continuing to strengthen its power and capabilities in the world’s fastest growing economy, it is taking too long to grow back to pre-COVID levels. Third, despite China’s rapid economic growth, the rate of economic decline is rather slow compared to America’s. Fourth, the US may be less vulnerable to shocks from China and its policies, such as its Belt and Road Initiative, than in previous decades. Finally, there is political tension and uncertainty over whether U.S-China ties will improve in 2022. While the latter is determined to see bilateral ties progress with their partners worldwide, which will allow the former to continue to exert influence on their economic interests, it is unclear whether Congress will be able to deliver some type of legislation regarding the issue of human rights in Xinjiang and Tibet. All this, together with increasing demands from the public for transparency in order to combat corruption, have led to doubts about whether it is safe to grant permanent observer status at the Permanent Forum for Economic Dialogue (PFED), which was established to promote deeper policy understanding between China and its peers, particularly in relation to geopolitical risks with regards to its investments in the US and China. Additionally, the PFED’s role may likely evolve to include strengthening inter-governmental cooperation on important cross-border matters, especially with the primary focus on climate change.

However, the Biden Administration has indicated that it will work closely with the United Nations Organization for Global Peace on creating dialogue between the parties concerned while attempting to mediate disputes. However, the success of mediation will depend on effective negotiations between parties concerned. There have been many attempts to resolve the dispute peacefully without involving third parties like the United Nations. In May 2020, the head of the Inter-Government Relations Department was officially appointed on behalf of President Xi Jinping in order to oversee the implementation of a series of diplomatic initiatives aimed at promoting greater international engagement between different powers in various fields and to restore the original spirit of ‘Belt and Road’ projects that originated during Obama’s presidency. Although the pandemic has shown both governments that diplomacy may be necessary at times, it appears unlikely that there will be any actual agreements made within this decade.

What are next steps of US-China trade war?
World countries want to have both China and the USA on board. They are trying very hard to balance their tilts to both the superpowers to benefit from both simultaneously. However, the countries will be eventually falling into one of the two blocs, sooner or later. The new era of Cold War has already started; the USA and China are competing in the fields of technology, industry and geo-politics. This competition may result in the form of a new global order by the middle of this century. Both USA and China want their political influence as well as military presence across the globe. Some of the most strategically significant regions are the resource rich middle-east, human rich South Asia, geographically important Central and South-east Asia, and the rapidly growing continent of Africa.

China’s growing investments and network of megaprojects throughout the developing world is another big concern in the United States. China aims to accelerate its flagship Belt and Road Initiate(BRI) project, and scale it as further as it could. China has stolen the long standing ally of USA in South Asia, Pakistan, through its promise of heavy investments in building transport and energy infrastructure, and also create jobs. Chinese projects in Pakistan are now worth more than $64 Billion. Furthermore, China is gradually taking over Africa, while USA is losing the game in Africa. Within just the last few years, China has built thousands of kilometers of roads, hundreds of bridges and power stations in African countries of Nigeria, Kenya, Tanzania, Ethiopia, South Africa, etc. China has also built high-speed railway networks throughout the continent.

Although China is growing its diplomatic ties with the world countries and key powers, the USA is not build it Chinese way. However, USA want to counter Chinese influence through their military presence throughout the world. The US approach is to safeguard their interests, and threaten the interests of their enemy by showcasing their power and capability. Although both the superpowers have different approaches to gain influence, but their goal is common - “To dominate the World Order”.

Click Here: https://www.beelr.com/2023/02/USA-China-trade-war-explained.html
Click Here: https://www.beelr.com/2023/01/authoritarianism-rise-of-chinese.html
Read More on Our Website: https://www.beelr.com/

21/04/2023

Authoritarianism: Rise of Chinese Authoritarianism | Comparison of Authoritarianism and Imperialism ||

Chinese President Xi Jinping has been re-elected in his third election term as the new leader of the Communist Party. The Chinese president is currently the most powerful man in Beijing and the country which many think will completely hand over power to the CCP's General Secretary Xi Jinping in the near future.
The people that elected Xi have spoken loudly and clearly. As they said, "We have decided that we must work together towards building a fully socialist society." This was the same sentiment of those who voted against him when he first ran in 2012, but it was much louder today.

After all, this means that if there were no doubt about his commitment to the People's Party of China's vision of socialism and modernization, then so far, it looks like he is moving closer to his goal of becoming the undisputed head of the government in China.
In 2019 Xi promised to end corruption, lower income inequality and bring prosperity to everyone. It's important to note that while these pledges may sound ambitious, the reality on the ground is still different. Corruption is rampant in the country, including through the financial sector. There are tens of millions of ordinary citizens out of work, and millions more live in poverty. There's also an enormous gap between the poor and upper classes in the country.
There were even doubts in some quarters that President Xi would actually deliver what he pledged, given how hard he had worked to root out corruption in his government for several years. However, things have drastically changed since last year.

First and foremost, I believe that the current situation in Russia is unlikely to cause any major disruptions to the global economy or pose a threat to international peace and security. Therefore, China has tried to make up for its recent economic crisis by strengthening ties with other nations through energy deals with Venezuela, Qatar and Iran, among others. If there was ever doubt over whether Putin would do anything to help improve relations with Europe or Asia, it has now disappeared. While there is still plenty of uncertainty, that doesn't mean it's impossible for China to find partners. And Russia cannot afford to be seen as weak in these areas.

Furthermore, although Western governments worry about China's growing influence in Africa and South America, the fact remains that neither region has felt instability from China's actions. Moreover, African countries do not share the anti-Western bias of their European counterparts. At this point, a lot of countries that once did not want to be associated with the West are beginning to see more mutual benefits.

A few months ago, at the time of U.N. Conference on Trade and Development, Russian Foreign Minister Sergey Lavrov claimed that cooperation between Taiwan and China was bad for regional peace and stability. But that simply isn't true. To quote Lavrov himself: "It is not good for Taiwan either economically or strategically." Indeed, trade with Taiwan is already profitable for China and is expected to increase as the island becomes self-sufficient, especially as China is trying to boost exports of semiconductor chips in order to diversify its supply chain. That alone can make Taiwan a force multiplier for China. Many experts claim that Taiwan will indeed eventually join the EU and NATO, which could potentially allow the West to effectively fight against the rise of authoritarianism, particularly in China.

In short, despite China's concerns, American politicians seem less willing than before to push China further into its corner. They have a soft spot for Taiwan, but they understand that the costs of doing so will outweigh any personal benefit. Therefore, they see the world as mostly divided along ethnic lines between those supporting democracy and authoritarianism.

The United States can step into the breach with relatively minor intervention. However, since the 2020 presidential elections, Americans are starting to move away from the party line and support candidates who promise to reduce reliance on foreign aid and to continue to expand domestic production of homegrown food and agricultural products. Some Republicans have even gone as far as questioning Trump's decision to impose tariffs against China. Now that's something else!

For all of America's flaws, however, the biggest obstacle to restoring trust and confidence in China lies here: public opinion. Even when you take a look at polls and surveys, the majority of Americans still strongly oppose the imposition of tariffs on China. The numbers speak for themselves. However, unlike public opinion in the past, the overwhelming concern for American jobs is waning, instead favoring protectionism. Which would be fine if that was true, but we need to remember that it's not just high tech companies that have benefited from outsourcing. Millions of middle class families do too. Their salaries are low, even lower, compared to those of imported labor. So it goes without saying that businesses are having trouble attracting workers to build factories in America.

For example, during the pandemic, some large manufacturers, such as Nike and Adidas, switched to mass hiring methods. Meanwhile, many manufacturing sites shut down during COVID because factories weren't producing enough goods. Because of the lack of skilled workforce, prices went lower across the board, leading to record profits at big manufacturers such as Apple, Intel and Samsung. Despite their initial success, many factory employees left for cheaper options to seek more stable employment in the service industry. Not a sign of hope for the American worker. As long as wages aren't skyrocketing, inflation will remain an issue. No matter how hard we try, however, a rising cost of living makes it harder and harder for businesses to attract talent. This problem could become worse in the coming decade.

What is the solution to this problem?
Well, let's say that we had a 100% job growth rate as a result of increased immigration. According to economist Robert Kuttner, the number of qualified immigrants would increase 20 times to 1 million per year. Over 50% of these newcomers are young workers who come to fill open positions in factories, restaurants, construction sites and in related industries. Then the remaining half are retired workers or retirees who have passed over 90% of their savings due to inflation.

Let’s ignore the debate between free trade vs. protectionism. Who cares about protecting local industries versus opening giant plants overseas? Both sides are right. Only free trade allows corporations to invest in innovation and product development, and thus increases productivity. On average, a $1 trillion investment in research and development can lead to an extra 5.5 million jobs by 2025. That's a huge amount of money, and so, yes, a tax cut is needed on the rich. The USA should also consider adding another 10 years to encourage investing.

But how does China compare to other developed economies? How can it compete with better paid workers if it's already facing issues of unemployment?

Perhaps China invests less in education, and it spends less funds in health care. With that, education, healthcare and childcare are free, meaning the price for college graduates is lower and overall consumer spending has risen over the past several decades. Education is especially necessary given the limited pool of highly educated workers in developed countries. Besides, the US has access to unlimited funding through grants from philanthropic foundations like Ford Foundation, John Templeton foundation and Rockefeller Foundation. These organizations have committed billions of dollars to educational programs. Additionally, their grantees are taught to teach English, math, science, basic computer skills and social sciences at universities abroad. All this money is used to pay teachers and tutors. As long as the student gets a degree, most students end up working at companies as entry-level employees in the next two years.

During the Great Recession, the federal government in the US began to set aside funding for colleges in states that had lost nearly 400,000 graduate students due to financial hardships under President Obama. Since 2014, federal funding has grown 25%. It's not just a handful of universities that are able to recruit talented students. More developed countries have realized that it's essential to create jobs and train qualified professionals, which is happening very rapidly.

Conclusion:
In conclusion, it isn't good news when you ask yourself whether President Xi wants to rule forever or if he wants to change the system. Ultimately, I believe that Xi wants to make sure that everyone understands his main goal — establishing a truly socialist state. Whether through strong centralization or letting go of centralized control entirely, the Communist Party of China (CPC) has always held onto the belief that the greater the collective responsibility, the faster everyone can achieve a common goal. As the old adage says, "The road ahead is paved with the sweat of countless ants carrying bricks on their shoulders", which is exactly what Xi Jinping has been striving for for many years.

Click Here: https://www.beelr.com/2023/01/authoritarianism-rise-of-chinese.html
Click Here: https://www.beelr.com/2023/02/USA-China-trade-war-explained.html
Read More on Our Website: https://www.beelr.com/

18/04/2023

Microchips and Semiconductors: Why are microchips so important for technology Revolution? ||
The world is currently struggling to keep up with technological advancements and developments. We have been seeing massive technological advancement over the recent past and we can say that microchips are playing an important role in this revolution. In fact, we can say it has become a fundamental component of all industries today. This is due to the fact that these mini-computers have become necessary for our daily lives, especially during lockdown. The use of microchips has significantly impacted everything from your work to communication. It is also used in almost every industry that you can think of and this has made them extremely versatile. They can be found at every corner and they are used in many different applications. Even if you are not completely aware about its uses and advantages, you can still understand why it plays such an important part in society.

About Microcomputers:
Microcomputers play an essential role in manufacturing companies. Manufacturing enterprises now run on the idea of using microchips which is one of their necessities. A microcomputer can perform multiple functions depending on the user’s need, whether it is basic or specialized to perform specific tasks. Also, the microcomputer is very small, making them easy to store and carry around to ensure easy retrieval. So in order to make life and business convenient, these devices come at a cheaper price by having smaller circuits and chips. These devices can even be used in offices as well as households by just carrying around them. These devices are generally sold by the manufacturer directly and some are more advanced. While we are already familiar with the term “microcomputer”, most people are unaware of what exactly it is and how it got its name. Now before we go into details let us start with what do you mean by the word “microcomputer”. Before you get any clue about microcomputer, you should know what it really stands for. If you want to learn about the history behind the word, then you can check out my post here.

Evolution of Microchips:
Microcomputer was introduced by Intel in 1975. However, the first computer was built in 1946 known as ENIAC (Electronic Numerical Integrator & Computer) which was able to multiply numbers. ENIAC became very popular among scientists by 1956, but due to World War 2 it could not be used much because it was too large. Nonetheless, when it came the time that computers were required for science, it became imperative. After research was conducted. It became apparent that if there were ever to be computers for anything, it would be related to math, physics, chemistry, biology and so on. That was precisely where the phrase computer was born. At that point scientists realized that they needed something capable of storing information.

By doing calculations they could see the results on paper and this was absolutely critical. Since it was impossible to build an actual physical machine with all those capabilities, they began to focus on building miniature things known as microchips which were very efficient and could perform more than ordinary software. Later, the concept spread even further by other countries like Japan and the United States who started producing machines. Soon, these manufacturers were ready to build machines for science. As a result, these people named after the microcomputer. With time, engineers developed more powerful systems called minicomputers which were faster than ENIAC. But unfortunately, these minicomputers couldn’t do anything that ENIAC did, it was strictly based on calculations. Once technology reached its prime state, we saw huge improvements in quality of microchips. When it comes to production, microchips are very reliable making them a better option compared to normal computers as compared to regular ones.

Significance of Microchips:
Microchips have two major types: 1) Logic Chips 2) Memory Chips. Here’s some statistics on microchips. According to Statista.com there are roughly 774 million microchips produced globally every year. Whereas, according to Cisco, the number of microchips worldwide in 2021 was approximately 1.873 billion. This shows that microchips are indeed becoming commonplace in everyday life. Moreover, it isn’t only limited to smartphones and laptops but is also being used in home appliances to power fridges and air conditioners. Another example of this is medical devices like pacemakers and heart valves. These devices are highly dependent on microchips for functioning and performance. Some of the common examples of smartwatches like Apple Watches, Samsung Galaxy Watch and so on. All they require microchips to function properly by converting electrical signals and data that enters them. Also, nowadays they are easily accessible through stores including Amazon which provides extensive inventory of millions of products.

There are tons of gadgets and equipment that rely heavily on microchips. Other examples include drones and cameras which require high voltage chips like Arduino to work properly. Because of their popularity, many companies are working on developing these machines and they are aiming towards dominating our planet’s resources over the coming decades and centuries. The main reason is that with the increased demand for microchips, this becomes very expensive to manufacture and control cost.

Hence, there has to be some sort of competition amongst manufacturers to dominate the market and take advantage of this new opportunity. Today the main competitors are Taiwan Semiconductor Manufacturing Company(TSMC), Sony Group Corporation, Samsung Electronics corporation and Intel Corporation. These corporations are facing stiff challenge to develop their businesses even though they have similar technologies. Due to the rise in innovation, these companies now face severe pressure to innovate constantly which ultimately leads them to inventing advanced models for smartwatches, video cameras and processors. Recently they have begun working on 5G networks which would significantly boost their sales. They aim to dominate the next decade and even several hundred years from now.

So far we have seen how microchips played an essential role in the manufacturing process and in day to day life. Next, I am going to talk about one great invention we can thank to microchips which changed the way humans live. One of the crucial inventions that you could never imagine would have happened without the help of microchips. Scientists have worked very hard for thousands of years and found ways to improve living conditions. Nowadays, you don’t need to worry about breathing problems, skin cancer, fatigue and many more.

Thanks to microchips you can achieve almost the same thing and it makes living comfortable for everyone. You can feel free in everything you do. The tiny devices attached to your wrists, which are controlled by microchips are responsible for a lot of benefits and advantages. No wonder this technology is gaining fame. Every day, more and more inventions are being designed by scientists and this is simply a matter of time for them to master the future of technology.
We see other remarkable inventions coming up and more inventions will appear as we continue working towards perfection. Without microchips, humans wouldn’t have achieved this.

Top 10 Biggest Microchip Manufacturing Companies:
1. Taiwan Semiconductor Manufacturing Company(TSMC)
2. Intel Corporation Ltd.
3. Qualcom Inc.
4. Broadcom Inc.
5. Micron Technology Inc.
6. Nvidia Corporation
7. Applied Materials Inc.
8. ASE Technology Holding Co. Ltd.
9. Advanced Micro Devices(AMD)
10. ASML Holding

Click Here: https://www.beelr.com/2023/01/microchips-and-semiconductors.html
Click Here: https://www.beelr.com/2023/03/non-fungible-tokens-nfts-explained.html
Read More on Our Website: https://www.beelr.com/

Address

Blue Area
Islamabad

Telephone

+923115295613

Website

http://www.beelr.com/

Alerts

Be the first to know and let us send you an email when Beelr posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Contact The Business

Send a message to Beelr:

Beelr