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May 23, 2022

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Computer chip giant ASML places big bets on a tiny future

Reuters
VELDHOVEN, Netherlands, May 20 (Reuters) – ASML (ASML.AS), a semiconductor industry and stock market giant, has to think smaller. Or maybe bigger. It is building machines the size of double-decker buses, weighing over 200 tonnes, in its quest to produce beams of focused light that create the microscopic circuitry on......

Biden arrives in S.Korea with first stop at Samsung

Reuters
OSAN AIR BASE, South Korea, May 20 (Reuters) – President Joe Biden arrived in South Korea on Friday, the first stop on his first trip to Asia as president, where his attempts to counter China’s influence and build economic ties are likely to be overshadowed by North Korean threats. Biden......

Kicking the China habit: South Korea hunts tungsten treasure

Reuters
S.Korean tungsten mine gets $100 million makeover Dozens of new mineral projects launched globally Green, digital booms fuel demand for rare minerals China is pre-eminent in critical minerals supply GRAPHIC-S.Korea’s reliance on China: SANGDONG, South Korea, May 9 (Reuters) – Blue tungsten winking from the walls of abandoned mine shafts,......

Samsung Elec sees component shortages persisting in H2, solid server chip demand

Reuters
Reports record quarterly server chip sales in Q1 Smartphone market to continue to grow in H2 To increase portion of cutting-edge chip products SEOUL, April 28 (Reuters) – Samsung Electronics Co Ltd (005930.KS) said on Thursday it expects firm data centre demand for high-margin memory chips to continue in the......

Just Eat Takeaway weighs Grubhub sale as pandemic boost fades

Reuters
A Just Eat delivery man rides his bicycle in Nice amid the coronavirus disease (COVID-19) outbreak in France, February 16, 2021. REUTERS/Eric Gaillard Register now for FREE unlimited access to Reuters.com Register Company may sell Grubhub, bought last year for $7.3 billion Takeaway reports 1% fall in Q1 orders as......

EXCLUSIVE India agency summons former Xiaomi head in investigation -sources

Reuters
Manu Kumar Jain, Managing Director of Xiaomi India, poses next to the logo of Xiaomi after an interview with Reuters inside his office in Bengaluru, India, January 18, 2018. REUTERS/Abhishek N. Chinnappa Register now for FREE unlimited access to Reuters.com Register NEW DELHI, April 12 (Reuters) – India’s federal financial-crime......

U.S. FCC adds Russia’s Kaspersky, China telecom firms to national security threat list

Reuters
WASHINGTON, March 25 (Reuters) – The Federal Communications Commission (FCC) on Friday added Russia’s AO Kaspersky Lab, China Telecom (Americas) Corp (0728.HK) and China Mobile International USA (0941.HK) to its list of communications equipment and service providers deemed threats to U.S. national security. The regulator last year designated five Chinese......

Samsung wins appeal overturning ban on Russia sales in patent lawsuit

Reuters
March 17 (Reuters) – A Russian court on Thursday overturned a ruling that would have barred Samsung Electronics (005930.KS) importing and selling 61 models of smartphones in Russia over an intellectual property lawsuit that began last year, a lawyer for Samsung said. The decision means Samsung is not restricted on......

Samsung Elec sees strong year for chip and components unit – CEO

Reuters
The logo of Samsung Electronic is seen at its headquarters in Seoul, South Korea, April 4, 2016. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, March 16 (Reuters) – Samsung Electronics Co Ltd (005930.KS) expects its chip and components division to perform strongly this year as......

Apple upgrades low-end iPhone SE with 5G, and high-end Mac Studio computer with faster chip

Reuters
NEW YORK, March 8 (Reuters) – Apple Inc (AAPL.O) on Tuesday added 5G connectivity to its low-cost iPhone SE and iPad Air and introduced a faster chip for a new desktop, a high point in Apple’s move to power its devices with microprocessors designed in house. The new Studio desktop......

SoftBank’s sale of Arm to Nvidia collapses, Arm to IPO – source

Reuters
The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California February 11, 2015. REUTERS/Robert Galbraith/File Photo Register now for FREE unlimited access to Reuters.com Register Feb 7 (Reuters) – SoftBank Group Corp’s (9984.T) sale of Arm Ltd to U.S. chipmaker Nvidia Corp (NVDA.O) has collapsed,......

U.S. House backs sweeping China competition bill as Olympics start

Reuters
Chinese and U.S. flags flutter outside a company building in Shanghai, China November 16, 2021. REUTERS/Aly Song Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 4 (Reuters) – The U.S. House of Representatives on Friday narrowly passed a multibillion-dollar bill aimed at increasing American competitiveness with China......

U.S. House China competition bill heads to passage this week

Reuters
China’s and U.S.’ flags are seen printed on paper in this illustration taken January 27, 2022. REUTERS/Dado Ruvic/Illustration Register now for FREE unlimited access to Reuters.com Register WASHINGTON, Feb 2 (Reuters) – The U.S. House of Representatives on Wednesday advanced a multibillion-dollar bill aimed at increasing American competitiveness with China......

Samsung Elec sees tech device recovery in 2022, more supply chain challenges

Reuters
The logo of Samsung Electronics is seen at its office building in Seoul, South Korea South Korea, October 11, 2017. REUTERS/Kim Hong-Ji Register now for FREE unlimited access to Reuters.com Register SEOUL, Jan 27 (Reuters) – Samsung Electronics Co Ltd (005930.KS) on Thursday forecast a recovery in global tech device......

Intel posts record fourth-quarter revenue, misses on earnings forecast

Reuters
The Intel Corporation logo is seen on a display in a store in Manhattan, New York City, U.S., November 24, 2021. REUTERS/Andrew Kelly/File Photo Register now for FREE unlimited access to Reuters.com Register Jan 26 (Reuters) – Chipmaker Intel Corp posted record fourth-quarter revenue, but forecast first-quarter earnings short of......

China’s Realme eyes Europe’s high-end smartphone market with new launch

Reuters
To start selling premium GT 2 Pro phone across Europe in Feb GT 2 Pro priced at $792-$905, in line with other high-end phones SHENZHEN, China, Jan 26 (Reuters) – China’s Realme will enter Europe’s high-end handset market next month with its priciest ever device, its CEO told Reuters, as......

Ericsson sues Apple again over 5G patent licensing

Reuters
STOCKHOLM, Jan 18 (Reuters) – Sweden’s Ericsson (ERICb.ST) has filed another set of patent infringement lawsuits against Apple (2788.T) in the latest salvo between the two companies over royalty payment for use of 5G wireless patents in iPhones. Both companies have already sued each other in the United States as......

Samsung, Micron warn China’s Xian lockdown could disrupt memory chip manufacturing

Reuters
Workers in protective suits stand at an entrance to a university’s residential area under lockdown following the coronavirus disease (COVID-19) outbreak in Xian, Shaanxi province, China December 20, 2021. China Daily via REUTERS/File Photo Register now for FREE unlimited access to Reuters.com Register Xian lockdown adds to global supply chain......

S.Korea’s Moon pardons disgraced Park amid tight presidential race

Reuters
SEOUL, Dec 24 (Reuters) – South Korea’s President Moon Jae-in granted a pardon to former President Park Geun-hye, who was in prison after being convicted of corruption, the justice ministry said on Friday, amid a tight presidential race. Park, 69, became South Korea’s first democratically elected leader to be thrown......

S.Korea stocks rise on chip rally, improved risk appetite

Reuters
KOSPI rises, foreigners net buyers Korean won flat against U.S. dollar South Korea benchmark bond yield falls SEOUL, Dec 24 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares headed for their best session in two weeks on Friday, powered by a rally in chip shares and......

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