Shares of Tencent, China's biggest gaming and social media firm by revenue, fell nearly 4% this week up to the close of trade on Tuesday, wiping some US$12 billion off its market value. The stock was up more than 1% on Wednesday, reversing earlier losses.

A plan for the sale of Toshiba's semiconductor unit includes an option for SK Hynix to eventually take a minority stake in the business, people involved in the proposed deal say, contradicting Toshiba's public statements.

It has been confirmed that SK Hynix started mass-producing 4th generation (72-layer) 3D NAND flash wafers and achieved ?？olden yield', which had been SK Hynix's biggest obstacle. Its solution product that uses its own controller and firmware passed certifications.

Nokia is to supply a LTE network in the 700 megahertz spectrum band to the Shanghai Oriental Pearl Group, a diversified broadcasting, media, manufacturing and real estate company. The deployment will transform Shanghai's fast-growing former industrial district of Hongkou through a range of new smart city services, for which Nokia will supply advanced wireless communications based on FDD-LTE technology for smart city and public safety applications.

Intel plans to lay off 97 people at its corporate headquarters in Santa Clara and up to 40 more in Ireland as the chipmaker makes cuts to its Internet of Things group.

China Internet giant Tencent has limited the hours that children can play several of its most popular games. It said the measures, restricting gaming depending on the player's age, were "to dispel parents' worries."

Samsung is releasing a new phone using parts from its Galaxy Note 7, which was axed after a battery fault led to some devices catching fire. The new handset will go on sale only in South Korea on 7 July, with a safer, smaller battery, the firm said.

A source with knowledge of the planned downsizing told TechCrunch that the US firm would lay off "thousands" of staff across the world. The restructuring is set to include an organizational merger that involves its enterprise customer unit and one or more of its SME-focused divisions. The changes are set to be announced this coming week, we understand.

EU antitrust authorities have halted their scrutiny of Qualcomm's $38 billion bid for NXP Semiconductors after the companies failed to provide relevant information.

VerHeul most recently was senior VP of corporate engineering at SanDisk, where he was responsible for developing a broad array of flash products.

Micron Technology is expected to report US$1.9 billion for the three months ended in May. That puts the company on track to post more than US$5 billion in operating earnings for its fiscal 2017.

Even during the most bullish Bitcoin days, video card partners had shied away from creating specific SKUs for the purpose of cryptocurrency mining, and that has remained the case since - until now. With the Ethereum mining mania hitting new heights (ed: and arguably new lows), add-in board vendors ASUS and Sapphire have released mining-specific video cards, with variants based off of NVIDIA's GP106 GPU, and AMD's RX 470 & RX 560 video cards.

Intel is collaborating with AT&T and Ericsson on a second trial using millimeter wave (mmWave) technology to deliver an ultra-fast 5G network experience to more locations in Austin, Texas.

Toshiba is suing Western Digital for JPY120 billion, accusing it of interfering in the attempted sale of its flash memory business. The Japanese giant is offloading the unit to cover huge losses in its US nuclear division.

Companies across the globe are reporting that they have been struck by a major ransomware cyber-attack. British advertising agency WPP is among those to say its IT systems have been disrupted as a consequence.

Google has been fined EUR2.42 billion by the European Commission after it ruled the company had abused its power by promoting its own shopping comparison service at the top of search results.

If you remember, all the way back in February, HMD's Nokia Android lineup made its international debut at Mobile World Congress. The highest-end device, the Nokia 6, impressed us with its metal body, great build quality, stock Android, and low ??29 price tag.

Apple is working with Cisco Systems to help businesses that primarily use gear from both companies to get a discount on cyber-security insurance premiums, Apple CEO Tim Cook said on Monday.

Samsung Electronics is expected to overtake Intel as the world's largest chipmaker in the current quarter, for the first time ever, on the back of strong demand for chips for mobile devices and data servers.

The US is poised to weigh in on whether the sale of chipmaker Lattice Semiconductor could pose a risk to national security. The possible rub: While the buyer is a private-equity firm with a Silicon Valley address, the money behind the deal comes from Beijing.

Western Digital said in a June 25 letter to Toshiba's board that SK Hynix's participation in the consortium increased the likelihood of technology leakage to the rival chipmaker, adding that the winning bid did not appear to be bigger than its own offer.

SensoMotoric Instruments, founded in 1991, has developed a range of eye tracking hardware and software for several fields of use, including virtual and augmented reality, in-car systems, clinical research, cognitive training, linguistics, neuroscience, physical training and biomechanics, and psychology.

According to industry sources, LG Innotek has almost completed the development of flexible PCBs and would likely to break the ground for related facilities in the latter half of 2017. LG Innotek aims to become a main flexible PCB supplier for Apple and LG Electronics.

Samsung Electronics Foundry Business Department has set up a plan to go straight to 6-nano process based on 7-nano process. This is its strategy to counterattack Taiwan's TSMC as it took a supply of 7-nano chips from major customers such as Qualcomm and others that are consigned.

Under certain conditions, systems with Skylake or Kaby Lake processors can crash due to a bug that occurs when hyperthreading is enabled. Intel has fixed the bug in a microcode update, but until and unless you install the update, the recommendation is that hyperthreading be disabled in the system firmware.

Japanese car parts maker Takata has filed for bankruptcy protection in the US and Japan. It is facing billions of dollars in liabilities over its defective airbags, which have been linked to at least 17 deaths worldwide.