Around the web
12 Nov 202011 Nov 202010 Nov 20209 Nov 20205 Nov 20204 Nov 20203 Nov 20202 Nov 2020
China's Semiconductor Manufacturing International Corp (SMIC) is facing some delays in getting U.S.-made equipment, parts and materials, the Global Times newspaper reported on Thursday, after Washington imposed export restrictions against the firm.
Reuters
Singapore on Thursday announced a new work visa for foreign executives of technology firms, a sector the low-tax global business hub hopes will power future economic growth.
Reuters
The German automaker wants to 'redefine the scooter segment'
The Verge
IBM CEO Arvind Krishna noted in a letter to President-elect Joe Biden that 70% of the tech talent in the U.S. works for the private sector, and the government needs to secure strategic access to that brain power.
CNBC
Microsoft on Tuesday launched two models of its Xbox gaming console, seven years after the debut of the previous version, to capture a pandemic-driven boom in consumer spending on games.
Reuters
The European Union has unveiled formal antitrust charges against Amazon for abusing its dominance in online shopping and opened a second investigation into the company's business practices.
CNN
Hong Kong-listed shares of Alibaba plunged 8.86% by Wednesday afternoon in Asia, while Tencent dropped 5.38%. Smartphone maker Xiaomi also declined 5.73% and Meituan fell 7.47%. JD.com also saw its stock plummet 8.11%.
CNBC
Huawei plans to sell budget-brand smartphone unit Honor in a 100 billion yuan ($15.2 billion) deal to a consortium led by handset distributor Digital China and the government of its home town of Shenzhen, people with knowledge of the matter told Reuters.
Reuters
One of MSI's main manufacturing plants in China catches fire, could have a bad effect on MSI products going into next year.
TweakTown
Chip maker Nvidia on Monday announced that Hyundai Motor Group will use the NVIDIA DRIVE in-vehicle information and entertainment system for all its Hyundai, Kia, and Genesis models from 2022.
Reuters
The Nokia 8 V 5G UW boasts a big screen and clever camera tech.
engadget
We've never seen an Arm chip do what Apple is about to try on Macs
The Verge
Billionaire tycoon Masayoshi Son's huge bets in recent months on listed tech stocks didn't pay off.
CNN
It's been a long time since General Motors has been a hot stock for investors. Electric vehicles could turn it into one.
CNN
The vaccine is more than 90% effective, and will not be widely available until next year, but stocks surged on the view that earnings for a broad group of companies will be revised higher.
CNBC
The Chinese semiconductor industry will maintain 'sound and continuous' growth and achieve partial self-reliance over time, according to KPMG
South China Morning Post
Shares in Japan hit a near 30-year high on Monday, the first day of trading following news that Joe Biden had won the US presidential election. The Nikkei 225 closed up 2.1% at a level not seen since 1991.
BBC News
Qualcomm reported fourth-quarter earnings on Wednesday.
CNBC
As the country awaits the outcome of the US presidential election, Corporate America is watching closely, especially Silicon Valley.
CNN
Amazon CEO Jeff Bezos has sold more than $3 billion shares in his company this week, according to filings with the Securities and Exchange Commission.
CNBC
The laptops will be first and the desktops are coming later, report claims.
Ars Technica
And probably delayed once again
Techradar
Blame it on Sprint
The Verge
SK Hynix, the world's No.2 memory chip maker, said it expected inventory build-up by Huawei's competitors in China to boost mobile demand in the current quarter, but its mainstay server demand would remain week.
Reuters
TVs running Comcast's X1 software could go on sale next to Roku and Android TVs.
engadget
Walmart has cut ties with Bossa Nova Robotics, which made robots that scanned shelves for inventory, according to The Wall Street Journal.
CNBC
China's Lenovo Group, the world's biggest PC maker, posted a better-than-expected quarterly profit on Tuesday and said it is continuing to benefit from "new normal" remote working after COVID-19.
Reuters
Rising tensions between the former chief executive of Arm China, Allen Wu -- who controls a 17% stake in the company -- and the board of directors have spiraled out of control, putting the deal in doubt.
The Motley Fool
NIO is hitting new all-time highs as it doubled deliveries in October vs. a year earlier.
The Street
Ant Group's highly anticipated IPO has been suspended following a meeting between the company's billionaire co-founder Jack Ma and regulators in China, an abrupt move that threatens what was due to be the largest share sale in history.
CNN
Samsung Electronics' System LSI Business Division is planning to supply its smartphone application processor (AP) Exynos to Chinese smartphone makers Xiaomi, Oppo and Vivo in 2021.
BusinessKorea
Sales of electric, plug-in hybrid and hydrogen-powered vehicles in China, the world's biggest auto market, are forecast to rise to 20% of overall new car sales by 2025 from just 5% now, the State Council said on Monday.
Reuters
Desktop Macs with Apple Silicon will come at a later date.
engadget
Quantum computers are not yet creating business value, but CIOs should nonetheless lose no time in getting involved.
ZDNet
Ant chairman, CEO attended meeting with financial regulators
Bloomberg
A group of business leaders and public policy experts is launching a new body to grapple with thorny questions surrounding the future of transportation including self-driving and electric vehicles.
Reuters
Acer, ASUS and Dell are among the first with the dedicated GPU.
engadget
Yes, it's building up hype for an Exynos.
engadget
It wouldn't help the company's phone business, however.
engadget
On Saturday, the China's official manufacturing PMI fell slightly to 51.4 in October from 51.5 in September, but continued to show strong activity
South China Morning Post
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