Japan Display Inc is in advanced talks to receive a bailout amount of about 75 billion yen ($704.49 million) from Innovation Network Corp of Japan (INCJ), a government-backed fund and the display maker's largest shareholder, the Wall Street Journal reported on Thursday.
For the second time in a little more than a year, the secretive US agency that vets global deals on national-security grounds is objecting to a Chinese takeover of a European company.
Wall Street Journal
The all-American iPhone may remain somewhat of a fantasy for now, but at least a few more of its internal chips could end up being manufactured on home turf.
MIT Technology Review
Europe needs to wake up to the fact that its best technology companies are being snapped up by overseas buyers at a rapid rate, and to decide whether its laissez-faire approach to these strategic takeovers is sensible.
Chipmakers plan to significantly expand capacity in China, with total investment expected to reach US$50 billion in the next five years, more than double what they spent during the preceding five years, according to a Nikkei survey.
Nikkei Electronics Asia
Japan's cabinet has approved an economic stimulus package worth more than JPY28 trillion (US$275bn).
China's efforts to expand its reach into advanced semiconductors in the US drew fire on Capitol Hill as a key senator called on US officials to block a state-controlled firm's effort to buy an American memory chipmaker.
Wall Street Journal
"To catch up with Qualcomm as soon as possible, we will pour 30 billion yuan, and probably even more, into the R&D of mobile chips in the next few years," Chairman Xu Jinghong was quoted as saying in an interview. A Tsinghua Holdings spokeswoman confirmed Xu's comments to the newspaper.
Leadcore Technology and Shanghai Pudong Science & Technology Investment are weighing offers for Marvell Technology's wireless chip unit, which Marvell values at about $1 billion.
Sales of PCs that used Micron's memory chips dropped faster than the company expected in 2015 triggering a 50% stock plunge. That drop helped set the stage for Micron, which is known for buying other companies' chip operations, to become a target.
Wall Street Journal
Integrated Silicon Solution (ISSI) and a Chinese consortium of investors led by Summitview Capital have entered into a definitive merger agreement under which the consortium will acquire all of the outstanding shares of ISSI for US$19.25 per share in cash. The transaction is expected to close in the third quarter of 2015.
China is aiming to purge most foreign technology from banks, the military, state-owned enterprises and key government agencies by 2020, stepping up efforts to shift to Chinese suppliers, according to people familiar with the effort.
Subsidy limit of EUR6.7 billion (US$8.7 billion) has been passed triggering a halt to future feed-in-tariff (FIT) payments from a point one month after the limit was reached in Italy.
India has filed a complaint to the World Trade Organization's dispute settlement body, saying that the US is offering subsidy programs in the solar industry for local content requirements.
German state bank KfW says it is ready to start support of storage systems for solar PV systems in early May.
The Japan government has approved a cut to the FIT for solar by 10%. The cut would see the tariff paid be reduced to JPY37.8/kWh (US$0.40/kWh) from the current rate of JPY42/kWh (US$0.45/kWh), as of April 1.
Samsung Semiconductor is moving swiftly to begin work on a new 680,000-square-foot office project that will be built on its existing 215,000-square-foot office complex at North First Street and West Tasman Drive.
Silicon Valley/San Jose Business Journal
"There will be no cuts in the EEG for existing installations," were the words of German Chancellor Angela Merkel (CDU) as she started to lead the discussion over electricity prices.
China, forecast to become the largest solar-power market this year, may abolish subsidy programs for some of its largest projects and target the money instead to smaller ones, an industry official said.
Romania will "certainly" reduce incentives for solar power generation from 2014 to avoid overcompensation, according to Zoltan Nagy-Bege, a board member at the country's energy regulator, also known as ANRE.
Contract chipmaker Globalfoundries chief executive Ajit Manocha said European governments should do more to encourage chip manufacturers to set-up shop in the region, rather than going to Asia where they receive large subsidies.
A tiny solar company named SoloPower will flip the switch on production at a US.= factory Thursday, a major step toward allowing it to tap a US$197 million government loan guarantee awarded under the same controversial program that supported failed panel maker Solyndra.
The US central bank has moved to kick-start economic recovery by restarting its policy of pumping money into the economy via quantitative easing.
The German Federal Council has determined that that the bill earlier adopted by the German Parliament for the reduction of solar subsidies will be going a the mediation committee, which will allow for the federal and state governments to negotiate finding a comprise.
Italy is to cut the tariff it pays to solar energy installations by 35% on average, according to decrees approved by the industry and environment ministries.
Italy will scale back financial incentives for solar and other renewable energy that have inflated consumer power bills more than expected, and also will raise national renewable energy targets for 2020, two ministers said on Wednesday.
SMA Solar, Germany's top solar company, forecast sales and operating margins will fall significantly in 2012, blaming the German government's March 9 decision to slash state-mandated incentives for photovoltaic electricity.
Germany, the world's biggest solar- power market, may delay a plan to cut subsidies in the industry by at least three weeks to allow developers to complete projects, a lawmaker said.
Germany, the world's biggest market for solar power, plans record reductions in subsidies for the industry as part of a program to rein in a boom in installations.
In September alone, some 16,000 households had solar panels installed - twice as many as in June - as everyone from farmers to vicars to Mick Jagger (plus thousands of other canny home owners with £12,000 to spare) scrambled to take advantage of generous government subsidies.
Daily Telegraph (UK)
Fears Germany will cap or cut green energy subsidies is boosting demand for solar panels, and uncertainty about the shape of the measures could give the country's battered solar sector an advantage against Chinese rivals.
Chemical & Engineering News