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.....»»
Tesla targets pre-lockdown output at Shanghai factory by mid-May
Tesla aims to hike output at a Shanghai assembly plant to 2,600 EVs a day starting May 16, according to an internal memo reviewed by Reuters, as it seeks to restore production to levels before the city locked down to control COVID-19......»»
Beats unveils new Powerbeats Pro in collaboration with London designer
Apple's Beats by Dre subsidiary has released a new limited-edition version of its Powerbeats Pro headphones in collaboration with London designer Paria Farzaneh.Credit: Beats by DreThe special edition Bluetooth headphones feature a special yellow and.....»»
MacBook Pro plant workers riot over China COVID lockdown
Workers at the Quanta factory in Shanghai have clashed with authorities over China's strict coronavirus measures, with hundreds of employees surging over barriers and shoving past security guards.The 16-inch MacBook ProQuanta is one of the very many.....»»
Apple"s Ireland subsidiary paid Apple US $24.8 billion for 2021
New filings from Apple's Irish head office show that the company's European operations earned $211.1 billion in revenue, of which it paid out $24.8 billion to its US parent.View from Apple's latest Cork offices. Image Credit: CorkBeoApple's counts as.....»»
Denso and UMC collaborate on automotive semiconductors; Taiwan-based companies continue to set up assembly bases in Mexico
This Asia tech industry summary will mainly focus on Denso and UMC's Japan subsidiary USJC collaborating on the production of automotive power semiconductors; China have imported less semiconductors from South Korea following the US-China trade war;.....»»
MaxLinear to acquire Silicon Motion
MaxLinear and Silicon Motion Technology have entered into a definitive agreement under which MaxLinear will acquire Silicon Motion in a cash and stock transaction that values the combined company at US$8 billion in enterprise value, according to the.....»»
Sequoia, Binance and a16z Back Elon Musk"s $44 Billion Twitter Bid
A group of nearly two dozen investors including Sequoia Capital, Andreessen Horowitz, crypto exchange Binance and asset management firm Fidelity are backing Elon Musk's $44 billion bid to acquire Twitter. From a report: The Tesla and SpaceX chief exe.....»»
MIH partners with Trend Micro"s auto cybersecurity subsidiary VicOne
Trend Micro, a founding member of Foxconn-initiated EV consortium MIH, has announced that it has set up a new subsidiary, VicOne, that focuses on automobile data security. According to the CEO of MIH, Jack Cheng, Trend Micro has also helped the EV co.....»»
Taiwan AI innovation ecosystem taking shape
Asustek Computer in 2021 established a subsidiary Taiwan Web Service (TWS), aiming to promote cloud services built on Taiwan government's AI supercomputer resources......»»
GlobalWafers strikes long-term deals for supply through 2025
GlobalWafers continues to strike long-term deals with customers demanding 8- and 12-inch silicon wafers, and compound wafers through 2025, according to company chairperson Doris Hsu......»»
Quanta resumes MacBook production at Shanghai plant
Quanta Computer's plant in Shanghai, China is gradually resuming its production of Apple's MacBook products with order pull-ins also slowly turning strong, according to sources from the upstream supply chain......»»
MacBook Pro production resumes at Quanta"s Shanghai plant
A new report says that Quanta is slowly resuming MacBook Pro production, following the COVID-related shutdowns that have affected suppliers around Shanghai.Strict coronavirus lockdowns in China have been affecting Apple's suppliers in the region, par.....»»
Embracer Group Acquires Eidos Montreal, Crystal Dynamics, Square Enix Montreal, And A Catalogue Of IP’s For $300 Million
Embracer Group will acquire Crystal Dynamics, Eidos Montreal, SE Montreal, and a catalogue of IPs and backlog games from Square Enix for $300 million. The post Embracer Group Acquires Eidos Montreal, Crystal Dynamics, Square Enix Montreal, And A Cata.....»»
Twitter employees speak out about Elon Musk
As the Tesla boss looks set to acquire the company, Twitter employees show mixed reactions......»»
4 Ways to Fix Social Media That Don’t Cost $44 Billion
Elon Musk’s bid to acquire Twitter in a deal worth $44 billion has sparked debate and concern about what the platform will look like once he takes over. The world’s richest man will steer the future of a small but influential platform of.....»»
"Genshin Impact" update is delayed, players speculate as to why
Genshin Impact, one of our favorite video games of 2020, has announced the delay of its latest update 2.7. Players suspect that government-mandated COVID-19 lockdowns in Shanghai, where developer miHoYo is based, may be to blame. In past week, restri.....»»
UMC to make United Semi into 100% owned subsidiary in 3 years
United Microelectronic Corp (UMC) announced on April 27 an acquisition plan with the value of CNY4.59 billion (US$695 million) to acquire the rest of the shares from its partners in the Xiamen joint venture United Semi (also known as Xiamen Lianxin)i.....»»
AUO Display Plus showcasing smart solutions at Touch Taiwan 2022
AUO Display Plus, AU Optronics' subsidiary specializing in industrial and commercial display panels, is showcasing three smart solutions jointly developed with partners as well as in-house-developed smart capsule offices at the Touch Taiwan 2022 Inte.....»»
China COVID lockdowns may defer upcoming notebook rollouts
Just before the COVID-induced lockdowns imposed in several major Chinese cities, brand notebook vendors were about to step up their pace of orders as component shortages started easing. But the ongoing lockdowns and restrictions in Shenzhen, Shanghai.....»»
Judge rules for Elon Musk in $13 billion lawsuit over Tesla-SolarCity deal
Tesla Chief Executive Officer Elon Musk did not unjustly enrich himself when he guided the electric vehicle maker in 2016 to acquire SolarCity Corp, where Musk was chairman and the largest shareholder, a Delaware judge ruled on Wednesday......»»