GlobalWafers to acquire Shanghai subsidiary of Crystalwise
GlobalWafers recently disclosed that it would execute a letter of intent with Crystalwise Technology to purchase 100% of Shanghai Sawyer Shenkai Technology Material (SSKT) for up to CNY 100 million (US$14.8 million), through its China-based subsidiar.....»»
SMIC affiliate to launch IPO to raise funds for foundry capacity expansions
China-based SMEC (Semiconductor Manufacturing Electronics, ShaoXing), an affiliate of China's top foundry SMIC, has filed an application to launch its IPO on the Sci-Tech Innovation Board (STAR) of the Shanghai Stock Exchange, looking to raise CNY12......»»
Efforts to Acquire Pegasus Spyware"s Company Backed by US Spies, Says Stingray Maker
The New York Times describes Pegasus as "a 'zero-click' hacking tool that can remotely extract everything from a target's mobile phone [and] turn the mobile phone into a tracking and recording device." But they also report that the tool's "notorious".....»»
Virgin Galactic taps Boeing subsidiary to build motherships
Virgin Galactic announced Wednesday that it is partnering with a Boeing subsidiary to manufacture the next generation of the twin-fuselage aircraft used to carry aloft the space tourism company's rocket ship......»»
Vector Capital becomes the majority shareholder of WatchGuard Technologies
WatchGuard Technologies announced that Vector Capital closed the deal to acquire interests previously owned by other co-investors. Under the new agreement, Vector Capital becomes the majority owner of WatchGuard and IPW, a European fund focused on in.....»»
Globalwafers to help ease 12-inch wafer shortage in the US; Sharp buys back SDP as wholly-owned subsidiary
This week's Asia tech industry summary will focus on Globalwafers' plan to establish a 12-inch silicon wafer factory in the US' Texas to mend the shortage of large-size silicon wafers in the US, while Globalwafers' Japan-, Germany-, and Korea-based c.....»»
Tesla deliveries drop by 18 percent in Q2 2022
The automaker blames supply chain issues and factory shutdowns. Enlarge / Tesla's new factories in Berlin and Texas are proving more costly to set up than its plant in Shanghai (pictured). (credit: Tesla) After several quarter.....»»
PHE Power Solutions, HD Renewable Energy set up energy storage systems
PHE Power Solutions has cooperated with US-based Fluence to set up energy storage systems in Taiwan, while PV power-generating station investor and operator HD Renewable Energy is doing so by establishing a subsidiary, Star Renewable Energy, accordin.....»»
TSMC, GlobalWafers play vital role in driving US semiconductor supply
Taiwan's top foundry TSMC and leading silicon wafer vendor GlobalWafers are playing crucial roles in helping the US rebooting its semiconductor supply, with the former constructing a 5nm fab in Arizona and the latter also disclosing plans to set up a.....»»
Ikka to acquire Sol-plus to supply EV plastic components
Car parts supplier Daiichi Kasei Co (IKKA) has announced that it is acquiring Japan-based tier-2 automotive supplier Sol-Plus and its subsidiaries in Japan and Thailand with cash and stock swaps. The acquisition will complement IKKA's presence in the.....»»
GM plans $100 million outlay to create premium import platform for ‘iconic’ products
General Motors is forming a separate business unit in Shanghai’s Pudong New Area to expand Chinese imports of some of its most popular and profitable vehicles built and sold mostly in North America......»»
Tata Technologies joins Foxconn-initiated MIH
Tata Technologies, a subsidiary of Tata Group, announced that it had joined the Foxconn-initiated MIH consortium, the third company under Tata Group to join MIH......»»
GlobalWafers to build silicon wafer fab in Texas
Taiwan-based global semiconductor silicon wafer maker GlobalWafers has announced plans to build a 300mm silicon wafer fab in Sherman, Texas, which is the first of its kind in the US over 20 years......»»
How a Turkish Municipal District Switched to GNU/Linux
Today I learned Turkey's Scientific and Technological Research Council has a subsidiary developing a GNU/Linux distro called Pardus, "redesigned to be used in accordance with the practices and habits of users in Turkey." And this week the Free Soft.....»»
Airoha lists on Taiwan emerging stock market
Airoha Technology, a subsidiary of MediaTek specializing in Bluetooth and Wi-Fi chips, has started trading its shares on Taiwan's Emerging Stock Board (ESB) and is eyeing TWSE mainboard listing......»»
Taiwan chipmakers face challenge of rising electricity costs, says GlobalWafers
The ever-increasing electricity costs in Taiwan are prompting local chipmakers to diversify their manufacturing bases and no longer view Taiwan as a first-choice option, according to Doris Hsu, chairperson for silicon wafer supplier GlobalWafers......»»
Two killed as Nio electric car crashes from third floor of a Shanghai building
Two people died this week when a Nio electric car crashed to the ground from the third floor of a parking lot in Shanghai......»»
Two killed as Nio electric car falls from third floor office in Shanghai
Pictures show a gaping hole in the side of carmaker Nio's Shanghai HQ, and a smashed vehicle below......»»
Netflix Confirms Plans For Ad-Supported Service, Begins Second Round of Layoffs
According to the Wall Street Journal, Comcast's NBCUniversal subsidiary and Google are the "top contenders" for Netflix's upcoming ad-supported streaming tier. "After many years of resisting ads, Netflix CEO Reed Hastings announced the plan for an ad.....»»
Comcast and Google emerge as top contenders to serve ads on Netflix
WSJ: Netflix negotiating with ad-serving companies for late-2022 rollout. Enlarge (credit: Getty Images | NurPhoto ) Comcast's NBCUniversal subsidiary and Google are the "top contenders" to serve advertisements on Netflix when.....»»
Automotive hose manufacturer hit by ransomware, shuts down production control system
A US subsidiary of Nichirin Co., a Japan-based company manufacturing and selling automotive hoses and hose parts, has been hit with ransomware, which resulted in the shut down of the subsidiary’s network and production control system. What happ.....»»