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Saturday, October 19, 2019

Tag: semiconductor

Broadcom says chip demand has hit bottom, but uncertain on recovery...

Broadcom expects to operate in a very low growth, uncertain macro environment for the foreseeable future.

Activist Dan Loeb calls on Sony to spin off its semiconductor...

This is the second time Loeb has agitated for changes at Sony, he was unsuccessful in 2013, when Third Point proposed a partial spin-off and initial public offering of the company’s entertainment business.

Samsung’s top brass convene as south Korea’s chip exports plunge

South Korea reports a 30.5% decline in semiconductor export for May.

Samsung preps US$116 billion splurge on chips to take on Intel

Samsung aims to create 15,000 production and research jobs over that period to become the world leader in the global semiconductor industry.

Samsung Electronics sees tough year with trade risks, slow growth

Samsung is seeking new growth in areas such as network equipment manufacturing as sales of its mainstay chips and smartphones begin to drop.

Broadcom’s forecast gives weary chip investors reason to cheer

The San Jose, California-based company’s revenue forecast for fiscal 2019 exceeded all but the highest analyst estimates, sending the shares up in extended trading.

Nvidia hands US$824 million windfall to semiconductor shorts

Investors betting against chip stocks reaped US$824 million in mark-to-market profits Friday afternoon, the majority from short positions in Nvidia, whose 19% loss was its worst in 10 years.

China challenges US to provide ‘evidence’ in trade secrets case

The Justice Department unveiled criminal charges against Chinese state-owned Fujian Jinhua Integrated Circuit Co, and United Microelectronics Corporation (UMC) of Taiwan, along with three UMC officials.

Apple to buy part of supplier Dialog’s business in US$600 million...

Dialog says it will continue to deliver chips to other customers, focusing on the automotive and internet-of-things markets, among others.

Chip stock anxieties revived after Micron sales view falls short

Contributing to investors’ angst is Micron’s comment that the trade war between the US and China would hurt profitability in the first quarter.

Samsung Group pledges US$22 billion on new technology in push for...

The investment is part of a broader US$160.89 billion package Samsung is planning to spend to create jobs and secure new growth areas, as semiconductor and smartphone businesses weaken.

Broadcom buys CA Technologies for US$18.9 billion

CA Technologies acquisition aimed at helping Broadcom diversify its offerings.

Broadcom calls Qualcomm’s offer for price talks ‘engagement theatre’

The American semiconductor company accuses Qualcomm of feigning engagement in the companies' 2 meetings earlier this month.