BOE invests in LED chipmaker
BOE Technology has invested a total of CNY2.1 billion (US$65.7 million) in HC SemiTek, becoming the largest shareholder of the Chinese LED chipmaker......»»
Apple supplier Epistar confident of demand for miniLED chips
LED epitaxial wafer and chipmaker Epistar, in response to the report that Apple may replace miniLED-backlit LCD panels with OLED panels for the iPad Pro to be launched in 2024, is confident that OLED panels are impossible to replace the majority of m.....»»
DDI backend firms see warehouses filled with "wafer bank"
Display driver IC (DDI) backend specialists are finding their warehouses filled with "wafer bank" inventories from fabless chipmaker customers that are keeping their inventory at their contract partners amid a slump in demand, according to industry s.....»»
Intel pledges more cost cuts as sales forecast misses estimates
Intel shares climbed in late trading after the chipmaker pledged to slash costs, an effort to weather a persistent slump in computer demand that is dragging down sales and profit and obstructing its turnaround efforts......»»
STMircrolectronics sticks with capex plan; backlog visibility well above 2023 planned capacity
Franco-Italian chipmaker STMicroelectronics reported a Q3 net revenues of US$4.32 billion, a sequential increase of 12.6%, and a year-on-year increase of 35.2%. ST also reported its Q3 gross margin at 47.6%, up 41.6% YoY, operating margin at 29.4%, u.....»»
Samsung scion Lee takes helm of Korean technology empire
Samsung Electronics has named Jay Y Lee executive chairman of South Korea's largest company, finalizing a long-anticipated elevation just as a supply chain crisis and escalating geopolitical tensions roil the world's biggest chipmaker......»»
Firm invests $70M into dealership group led by Jonathan Sobel
Franchise Equity Partners is officially in the auto dealership business following a $70 million investment into Jonathan Sobel-led Georgica Auto Holdings......»»
Chinese chipmaker YMTC is asking American employees to leave the company
Citing four people close to the firm, the Financial Times reports that an unspecified number of US citizens and green card holders are being forced to leave YMTC, and several in China have already been shown the door......»»
SK Hynix sees revenue and profit decrease in 3Q22
Memory chipmaker SK Hynix has reported sequential declines in revenue and operating profits for the third quarter of 20% and 61%, respectively......»»
Macronix to scale back output, cut capex
Macronix International intends to keep its chip ASPs stable by cutting back its output and plans to adjust downward its capex target this year by over 30%, according to the ROM and NOR flash chipmaker......»»
Apple chipmaker TSMC at ever-growing risk from China, amid US tech war
A new piece today argues that Apple chipmaker TSMC is at ever-growing risk from China, and questions the wisdom of the Cupertino company allowing itself to become wholly dependent on a single company. With the US now actively seeking to hamper China.....»»
BMW invests US$1.7 billion to expand US EV production, partnering with Envision AESC
German automaker BMW announced on Wednesday (October 19) to invest US$1.7 billion its auto plant in Spartanburg, USA. Located in the state of South Carolina, the plant is expected to produce at least six all-electric models by 2030, according to BMW.....»»
EA Sports invests $11M in women’s soccer fund, UEFA internships
EA Sports has partnered with the UEFA Women's Champions League (UWCL) to invest in the future of women's soccer both in-game and on the pitch EA Sports has partnered with the UEFA Women's Champions League (UWCL) to invest in the future of women's.....»»
iPhone flash memory plans abandoned after US government imposes export controls
Plans by Apple to buy up to 40% of iPhone flash memory chips from Chinese company YMTC have reportedly been abandoned after the US government imposed export controls on the chipmaker. It’s reported that the Cupertino company had a two-step plan fo.....»»
IBM Ventures invests in Cyolo to modernize authentication for digital businesses
Together IBM Ventures and Cyolo plan to collaborate and help modernize authentication for digital businesses. In today’s digital environment, organizations need to evolve their access and connectivity security to protect today’s distributed work.....»»
SK Hynix to maintain normal production operations in China
SK Hynix has been authorized by the US Department of Commerce to receive fab tools needed for its production operations in China for one year without additional licensing requirements, according to the South Korea-based memory chipmaker......»»
Asia chipmaker shares slide after US curbs on China
On Friday, Washington announced new rules to restrict sales of semiconductor technology to China......»»
Macronix September revenue up, Winbond down
Macronix International, a maker of ROM and flash memory chips, saw its September revenue increase 11% sequentially while revenue at specialty DRAM and flash memory chipmaker Winbond Electronics slipped 0.7% on month......»»
AMD revenue warning signals deep chip slump; shares dive 4%
Chipmaker Advanced Micro Devices Inc on Thursday provided third-quarter revenue estimates that were about a billion dollars less than previously forecast, signaling the chip slump could be much worse than expected......»»
AMD sees lower Q3 revenue as PC market slump worse than expected
Chipmaker Advanced Micro Devices Inc on Thursday provided third-quarter revenue estimates that fell well short of its previous forecast, citing lower-than-expected demand and significant inventory corrections across the personal computer market suppl.....»»
Infineon becomes first chipmaker to join IoT open standard EEBus
Germany-based chip supplier Infineon Techologies has become the first chipmaker to join the EEBus consortium, according to the company......»»