GlobalFoundries has filed confidentially with US regulators for an initial public offering (IPO) in New York that could value the chipmaker at around US$25 billion, people familiar with the matter said on Wednesday.

Chinese tech giant Baidu said on Wednesday it had begun mass-producing second-generation Kunlun artificial intelligence (AI) chips, as it races to become a key player in the chip industry which Beijing is trying to strengthen.

Philippines-based renewable energy firm AC Energy Corp. (Acen) and partnered with Indian solar power firms to build a US$220-million solar power project in the country with an installed capacity of 420 megawatts as their initial two solar farms start commercial operations.

The Department of Space's Semi-Conductor Laboratory (SCL), Mohali, and the Indian Institute of Technology, Bombay (IITB) have collaborated to successfully demonstrate CMOS 180nm-based production-ready 8-bit memory technology, described as a "gamechanger by enabling secure memory and encryption hardware for the country" by top scientists.

Orbic, a home-grown US smartphone manufacturer, has announced it has partnered with Dixon Technologies to manufacture smartphones for Orbic in India at a manufacturing facility in New Delhi. The new Orbic Myra 5G UW, powered by the Snapdragon 750G 5G Mobile Platform, will be the first 5G mmWwave product to be produced in India for export to the US.

Mumbai-headquartered Eruditus Learning Solutions, which offers executive learning programs, has become the sixth Indian startup to bag the unicorn tag this month after securing US$650 million in a Series E funding round led by Accel US and SoftBank Vision Fund II.

Asia's renewed surge in Covid-19 infections is compounding supply-chain blockages across the world's biggest source of manufactured goods.

SoftBank is holding back on new investments in China while it sees how Beijing's move to tame its technology sector plays out.

The Chinese government has unveiled a five-year plan outlining tighter regulation of much of its economy. It says new rules will be introduced covering areas including national security, technology and monopolies.

Toshiba said on Thursday it swung back to profit in the first quarter, as sales of automotive chips and hard disk drives recover from a pandemic-driven slump in demand.

Electric vehicle (EV) adoption is gaining traction in the country with more vehicles sold in the first seven months than the whole of 2020. A positive outreach by manufacturers including improved charging infrastructure along with price parity with conventional vehicles on the back of government incentives and falling battery prices are driving demand for EVs, particularly for two- and three-wheelers from logistics and ecommerce players, industry officials said.

There were more than 1.3 million unfilled job openings at restaurants and hotels as of the end of May, double the number a year earlier, according to the Labor Department. For many restaurants, surviving the current labor crunch and resulting wage inflation means using self-service ordering kiosks and other tech tools to automate away some customer-facing jobs and streamline things like online ordering. But entrepreneurs and industry executives also are trying to tackle a bigger, knottier problem: automating the production of food itself.

Tesla released more details about its effort to deploy large-scale battery recycling, and it claims that it can recover about 92% of battery cell materials with its recycling process. When it comes to emissions throughout the entire lifecycle, electric vehicles have two main advantages over gas-powered vehicles.

India is considering slashing import duties on electric cars to as low as 40%, two senior government officials told Reuters, days after Tesla Inc's (TSLA.O) appeals for a cut polarised the country's auto industry.

SK Hynix plans to turn Intel's NAND memory and storage business into a stand-alone US company that will be owned by the South Korean chipmaker.

The Southeast Asian tech scene welcomed a new unicorn this week when Singapore-based crypto finance startup Matrixport said on Monday that it has raised USD 100 million in a Series C round, taking its valuation to over USD 1 billion. Founded in 2019, the company offers crypto-related services, including institutional custody, trading, lending, structured products, and asset management to institutional and retail clients.

Tata Motors has enjoyed the most success in the EV segment in India so far thanks to the popularity of the Nexon EV. The company Chairman N Chandrasekaran is aiming to achieve at least 25 percent of its sales from EVs in the medium to long term, compared to the current share of 2 percent.

Data consumption in rural areas has increased by 400% in the past one year, official data showed, indicating a large appetite for internet connectivity in India's hinterlands. The government's initiative to provide Wi-Fi hotspots and fibre-to-home (FTH) connections in rural areas has also garnered more than 1.3 million Wi-Fi registered users. More than two million household subscribers are set to benefit from high-speed broadband connections by December this year, officials said.

Google did not disclose who will manufacture the Tensor chip for Pixel, but sources familiar with the matter told Nikkei Asia that Samsung will handle production using its advanced 5-nanometer process technology.

The UK is considering blocking a takeover of Arm by Nvidia due to potential risks to national security, according to people familiar with the discussions.

Infineon chief executive Reinhard Ploss on Tuesday supported the idea of Taiwan Semiconductor (TSMC) building a chip fabrication plant in Germany, expressing a clear preference for its technology over that of Intel.

Samsung is increasing foundry prices to support more investment in 5nm EUV process technology.

Chinese automobile-chip maker stocks tumbled after the government launched a probe into possible price manipulation, putting a brake on share surges buoyed by a global semiconductor shortage that's approaching the 12-month mark.

The photo removed showcases some new information about next-generation Thunderbolt technology.

Smartphone brand realme on Monday said it will export 'make in India' smartphones to Nepal from the ongoing third quarter, as the fastest-growing company aims to be among the top 2 smartphone brands in the neighbouring country by 2022.

Tata Motors has also established itself as the frontrunner in the EV space, a journey it started 3 years ago, with the R&D support from Jaguar Land Rover. The EV version of its Nexon has helped it to fast- track penetration in the personal EV space, something which the competition has not been able to do successfully.

The U.S.-based manufacturer is planning a vertically integrated thin-film solar module manufacturing facility in India. The factory will likely be built in Tamil Nadu and become operational in the second half of 2023.

The use of hydrogen power for mobility is an "interesting alternative" for India, especially as it would reduce dependence on lithium imports, the chairman of Maruti Suzuki, said India's top-selling carmaker.

The upcoming Punggol Digital District (PDD) project will feature four global firms, as well as SIT's new campus. As for Bosch, the German company has established its regional HQ and innovation hub, Grow.

Ola's entry into the online automobile retailing comes at a time when the segment has received increased investor attention.

India's smartphone shipments grew 82% on year to reach over 33 million units in first-quarter 2021, according to the latest research from Counterpoint.

Microsoft posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.

Apple's profits almost doubled in its latest quarter to US$21.7 billion, as iPhone sales surged and anticipated component shortages failed to bite.

Advanced Micro Devices gave a bullish third-quarter sales forecast, indicating it's gaining market share from Intel in the lucrative market for server chips.

American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the country, according to company CEO Elon Musk. He, however, said at present import duties in India are "the highest in the world" and is hoping for "at least a temporary tariff relief for electric vehicles."

TSMC is finalizing a decision to put its first chip plant in Japan into operation as early as 2023, Nikkei has learned.

Texas Instruments gave a revenue forecast for the current period that disappointed some investors, raising concerns that a jump in chip demand caused by the pandemic will be short-lived. The stock fell in extended trading.

The collaboration is part of Airtel's 5G roadmap for India as it transforms its networks to allow its customers to reap the full possibilities of the hyperconnected world where Industry 4.0 to cloud gaming and virtual / augmented reality become an everyday experience

Saankhya's core BRH product, which is already certified by US Federal Communications Commission (FCC), enables convergence of broadcast and mobile broadband networks, allowing digital terrestrial broadcasters to boost their reach and, potentially, market share.

Samsung Electronics is looking to expand its mobile device manufacturing capabilities in Pakistan. The company has reportedly entered an agreement with Lucky Motor Corporation - a joint venture by Lucky Corp. and Kia Motors - for the purpose of manufacturing phones locally.