The Bank of Japan (BOJ) has said the Japanese economy has begun to stop deteriorating, but it has still kept interest rates unchanged at 0.1%.

The World Bank has raised its forecast for growth in China this year from 6.5% to 7.2% amid signs that the economy is doing better than expected.

A handful of US senators are growing increasingly concerned with the exclusivity agreements that wireless carriers are signing with device makers.

Canadian Solar plans to boost its annual production capacity from 620 megawatts to 800 MW by end-August, to meet an expected surge in demand, according to company president and CEO Shawn Qu.

Flat-screen maker LG Display said on Tuesday it would invest 50 billion won (US$40 million) in a pilot line and testing facility for solar power cells, aiming for commercial production in 2012.

Synopsys has announced TSMC selected its Galaxy Implementation Platform for their new integrated sign-off Flow. The new flow is now available for 65nm designs with planned extensions into other process technology nodes.

MagnaChip Semiconductor has announced that its parent companies filed a voluntary petition for relief under Chapter 11 of the US Bankruptcy Code, but its South Korean operations are not part of the bankruptcy filing.

Beijing is expected to unveil subsidized prices for solar power production as soon as the second half of the year, the South China Morning Post reported on Monday, citing an industry official.

German Chancellor Angela Merkel has said that politicians needed to consider whether to aid struggling chipmaker Qimonda and its peers in Germany.