SK Telecom has agreed to pay KRW3.4 trillion (US$3.1 billion) for 21% of Hynix Semiconductor.

Weak market demand and falling module prices have forced JinkoSolar to revise financial guidance for the third quarter and full-year 2011.

Germany's largest module manufacturer, SolarWorld reported weakening financial conditions in the third quarter. Shipments and revenue remained flat with the second quarter but margins declined as weak demand and declining prices impacted results.

The man tapped to be Italy's next premier earned the moniker "Super Mario" in the halls of the European Commission, stopping such corporate giants as Jack Welch and Bill Gates in their competitive tracks.

A concerted effort to increase sales overseas, though not a player in the expanding China market, SMA Solar Technology reported it had claimed back lost market share in the first 9-months of 2011.

Samsung Electronics plans to invest a record KRW38 trillion (US$34 billion) in 2012, sharply up from around KRW30 trillion this year, local online news provider Edaily reported Wednesday, citing unnamed industry sources.

Both IBM and Samsung are well on their way to exceed the number of the patents they received in 2010 - when IBM got 5896 and Samsung 4551.

Eighteen years after it first asked to join the World Trade Organization, a still ambivalent Russia is on the verge of membership, with negotiators expected to sign off on the final terms at a meeting in Geneva beginning November 10.

Logitech jumped off the Google TV train earlier this week, but now it looks like another consumer-electronics maker, LG, may be hopping on.

The firm unveiled the chip at a recent exhibition hosted by the Samsung Advanced Institute of Technology.

Globalfoundries has postponed its plan to start building the Gulf's first microprocessor-fabrication plant in Abu Dhabi next year.

Maria Marced, European president of TSMC, has pushed back against claims by market researchers at Gartner that foundries are having problems with yield on 28nm process technologies. For TSMC the roll out of the 28nm chip manufacturing node is "on plan," Marced told EE Times.

ARM has said that co-founder and President Tudor Brown will retire in May 2012 after helping turn the firm into a dominant mobile processor company.

Siemens' renewable energy division has reported a fourth-quarter loss, after writing off ??31m (瞿197m) in its solar power business.

LED lighting is becoming mainstream and luminaire-簫makers are jumping on the bandwagon with viable products now that the technology is more widely understood, writes Steve Bush.

Fears about a wave of successive layoffs by semiconductor firms were stoked last week when two chipmakers gave out walking papers.

The cost of solar cells and microchips has nowhere to go but down because of a supply glut for the commodity they're made from, a brittle charcoal-colored semiconductor baked in ovens at 600 degrees centigrade.

SPI Solar said it has sold $42 million worth of solar panels to a New Jersey solar energy developer.

SK Telecom has submitted a bid to buy 20% of Hynix Semiconductor amid a criminal investigation into whether the group's founding family misused funds.