Around the web
20 Jul 202119 Jul 202117 Jul 202116 Jul 202115 Jul 202114 Jul 202113 Jul 202112 Jul 20219 Jul 20217 Jul 20216 Jul 20215 Jul 20211 Jul 202130 Jun 202129 Jun 202125 Jun 202124 Jun 202122 Jun 202118 Jun 202117 Jun 202116 Jun 202112 Jun 202111 Jun 20219 Jun 20218 Jun 2021
Tsinghua Unigroup has been forced into restructuring under China's bankruptcy law, kicking off a process that could pave the way for the introduction of strategic investors like Alibaba.
Caixin
Globalfoundries is sticking with its plan for an initial public offering next year, according to company CEO Tom Caulfield. Reports that Globalfoundries is the subject of a takeover bid by Intel are speculation, he said.
Bloomberg
The company behind Indian mobile-payment app Paytm plans to raise up to US$2.2 billion through one of India's largest-ever initial public offerings, capitalizing on a boom in the country's stock market.
Wall Street Journal
Join SINTRONES on September 16th to discover the latest technology and advancements emerging in the field of Intelligent IoT and smart solutions for a diverse showcase of applications. Sign up now to reserve your spot!
Company release
Any talks don't appear to include Globalfoundries executives, as a spokeswoman for the company said it isn't in discussions with Intel.
Wall Street Journal
Vietnamese factories serving Samsung and a major Nike and Adidas supplier have suspended operations after detecting cases of coronavirus at their facilities, the country's health ministry said on Wednesday.
Nikkei Asia
Both Conservative and Labour MPs have raised national security concerns because Nexperia is a Chinese-backed firm.
BBC News
Alibaba Group and Chinese state-backed firms are weighing bids for a stake in Unisplendour, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion, people familiar with the matter said.
Reuters
Strains in the semiconductor supply chain have worsened in some areas as trends such as remote working combine with an industrial recovery from last year's pandemic slump to drive chip demand, the head of Germany's Infineon said.
Reuters
Intel has said investment in its planned new European $20bn semiconductor factory could be spread across several EU member states, as it lobbies to win the bloc's financial and political support for the project.
The Financial Times
Taiwan's Foxconn and TSMC said on Monday they had reached deals to buy 10 million doses of Germany's BioNTech's COVID-19 vaccine, putting the total cost of the highly politicised deal at around $350 million.
Reuters
The UK's largest chip maker based in Newport has been bought by Nexperia, which is wholly-owned by Chinese tech firm Wingtech for 瞿65m.
BusinessLive
NXP Semiconductors has announced a major industry milestone for 5G energy efficiency with the integration of gallium nitride (GaN) technology to its multi-chip module platform. The new 5G multi-chip modules will sample in the third quarter, with production starting later this year.
Company release
Huawei's chip design arm has struck a deal aimed at building up its domestic supply chain, a local partner said on Tuesday, in a first public move against a US clampdown aimed at cutting its access to vital technology.
Nikkei Electronics Asia
The Pentagon is scrapping a multibillion dollar cloud computing contract, which sparked a row between Microsoft and Amazon.
BBC News
Twitter no longer enjoys the liability protection against user-generated content in India, the government has indicated in a court filing, as tension escalates between the two over the South Asian nation's new IT rules.
TechCrunch
Washington's moves showed that "the US is pressuring Taiwan and TSMC to support its supply chain" over China, said Paul Triolo, an analyst at consultancy Eurasia Group. They also challenge TSMC's historic position of neutrality and the company's strategy of "being everyone's foundry."
The Financial Times
Tata Motors is steering its underlying business toward sustainability, promising to bring 10 battery-powered vehicles to the Indian market by 2025 after having set the same deadline globally for a fumes-free Jaguar range.
The Economic Times
Qualcomm's new CEO, Cristiano Amon, says the company will have no problem producing laptop chips to compete directly with Apple's M1 - mainly because Qualcomm now employs some of the key minds behind Apple's highly publicized breakthrough.
Ars Technica
The UK's largest chip producer, Newport Wafer Fab, is set to be acquired by Chinese-owned semiconductor company Nexperia for around US$87 million.
Channel News Australia
China's Internet regulator has ordered app stores to stop offering ride-hailing company Didi Chuxing's app.
BBC News
For automotive customers, chip production will start in September - three months earlier than planned.
Company release
Japan's Kioxia Holdings, the world's second largest maker of flash memory chips and formerly known as Toshiba Memory, plans an initial public offering as early as September, weekly financial magazine Diamond reported on Thursday.
ETTelecom
Broadcom has come out in support of Nvidia's $40 billion acquisition of chip designer Arm after other firms raised concerns about the deal.
CNBC
Bitmain, China's biggest maker of cryptocurrency mining machines, said it had suspended sales of its products in the spot market to help ease selling pressure following Beijing's ban on bitcoin mining.
Reuters
Twenty leading UK universities have collectively accepted more than 瞿40 million (US$55.66 million) in funding from Huawei and state-owned Chinese companies in recent years, sparking concern among Tory MPs.
Daily Telegraph (UK)
A global shortage of semiconductors is continuing to put the brakes on Japan's car-manufacturing industry.
NHK World
Hong Kong pro-democracy paper Apple Daily has said its board will decide whether or not to close the publication at a meeting on Friday. This comes days after officials froze HK$18m (US$2.3m) of its assets over allegations that its reports breached a national security law.
BBC News
China has expanded its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions.
BBC News
Taiwan will allow Terry Gou, the billionaire founder of Taiwan's Foxconn, and TSMC to negotiate on the government's behalf for COVID-19 vaccines, a spokesman said on Friday, but warned he couldn't guarantee success.
Reuters
The labor union of Samsung Display said Wednesday its union leadership plans to go on strike next week, as the union and the management failed to narrow differences in wage talks, marking the first-ever walkout for the company and any Samsung Group affiliate.
Korea Herald
SiFive, a startup that designs semiconductors, has received takeover interest from investor Intel, according to people familiar with the matter.
Bloomberg
Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
Reuters
Magnachip Semiconductor said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion.
Reuters
GIGAIPC offers suitable solutions to assists manufacturers and corporation to transform and develop the ability for the "future"
Company release
South Korean chip maker SK Hynix has admitted some of its DRAM components included defects, though it says accounts of the issue are overblown.
The Register
Tokyo and Taipei would be smart to work more closely on technology development.
Bloomberg
Globalfoundries is seeking a court ruling dismissing IBM's claim that the chip maker violated a manufacturing agreement with the former owner of its fabs.
EE Times
Hsinchu Mayor Lin Chih-chien, in an interview with Reuters late on Monday, said that he could not guarantee total safety for the city's tech firms, but that the government had rolled out rapid testing stations.
Reuters
Apple is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.
Reuters
22/1505 pages