An investment firm has delved deeply into Apple's most recent Securities and Exchange Commission 10-K filing, and sees purchase orders extending over one year in duration which suggests to them that Apple is in the middle of a big OLED buy from Samsung -the main supplier of the technology.

Massive government investment in China's semiconductor industry risks distorting the global market for integrated circuits, leading to damaging overcapacity and stifling innovation, US Commerce Secretary Penny Pritzker has warned.

More than half of Chinese infrastructure investments have "destroyed, not generated" economic value as the costs have been larger than the benefits, according to researchers at Oxford university.

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.

Orders for semiconductor-manufacturing equipment are picking up at seven major Japanese producers, underpinned by brisk demand for 3D memory and ravenous investment in chip miniaturization.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/f22852f8-549e-11e6-9664-e0bdc13c3bef.html#ixzz4IEwuqbQI Ahead of the ARM deal, SoftBank had sold $20bn worth of its most valuable assets, including shares in Chinese ecommerce group Alibaba, Finnish game developer Supercell and Japan's GungHo Online Entertainment.

China's Tsinghua Unigroup, which has been active in overseas semiconductor investment, is eyeing small and mid-sized South Korean chip firms with specialty solutions, a local report has said.

Japan's NEC will sell most of its interest in a personal computer joint venture with Lenovo Group to the Chinese partner for about JPY20 billion (US$195 million), using the proceeds for growth investment.

The announcement comes after Korean news media reported that Samsung is planning to invest around KRW25 trillion (US$21.2 billion)- some claimed KRW2.5 trillion - to beef up its production lines for 3D NAND flash memory in Hwaseong, Gyeonggi Province.

Google is seeking to raise between $218 million and $221 million by selling shares in Chinese personal computer maker Lenovo, according to a deal term sheet seen by IFR on Wednesday.

The investment looks misguided and suggests that Carl Icahn was right to sell all his Apple stock over concerns about the company's prospects in China.

China's Tsinghua Holdings has disclosed an unspecified investment in Marvell Technology Group, a Silicon Valley chipmaker that recently replaced its leadership team in the wake of an accounting investigation and other problems.

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our Ts&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights. http://www.ft.com/cms/s/0/8c42c6b6-139a-11e6-91da-096d89bd2173.html#ixzz48A6j9NZ5 The dollar retreated after doubts over the US economy resurfaced in light of disappointing April jobs growth that prompted a reduction in market expectations of Federal Reserve interest rate increases this year.

Abundant financial resources available from China's National IC Industry Investment Fund, often called the Big Fund, augmented local government-led funds, have lent China's "memory" dream an air of credibility. But setting aside China's aspirations, there is intense scrutiny here about the sources of IPs and engineering talent that China badly needs.

The takeover bid by Hon Hai of Taiwan for Sharp, a chronically loss-making Japanese electronics firm, is being watched closely as a test of Japan's openness to foreign investment. But it is also being scrutinised back in Taiwan.

Zhao Weiguo wants to create China's first giant in the global semiconductor industry and has a $30 billion investment plan to do it.

Samsung Electronics plans to sharply cut its investments in memory chips as part of plans to focus on offsetting the growing risks of the industry's downturn.

SK Hynix plans to invest up to KRW15.5 trillion (US$12.5 billion) to build a new memory chip plant next to its Cheongju facility in North Chungcheong Province.

The Shanghai Integrated Circuit Investment Fund (SICIF) has announced a plan to invest CNY20 billion (US$3 billion) in foundry Semiconductor Manufacturing International (SMIC) and two other Shanghai-based chip manufacturers, according to a Moody's Investors Service report.

Synaptics is nearing an agreement to be bought by a state-backed Chinese investment group that values the company at more than US$110 per share, according to people familiar with the matter.

A state-controlled Chinese company's plan to invest about $2 billion in the Taiwanese semiconductor industry has intensified election-year concerns in Taiwan that could set back China's ambitions to develop a leading-edge microchip industry.

Toshiba is considering spinning off its mainstay memory-chip business to raise funds for capital investment in an initial public offering.

Abu Dhabi's investment arm is considering a sale of all or part of chipmaker Globalfoundries as the emirate explores asset disposals amid a slump in crude oil, people familiar with the matter said.

Tsinghua's ambitions in the memory chip business are well known. It is reportedly targeting an investment in Renesas as a vehicle for China to gain a foothold in the logic business - especially in the automotive and MCU segments.

Chairman Zhao Weiguo also told Reuters in an interview that Tsinghua Unigroup was in talks with a US-based company involved in the chip industry. A deal could be finalised as early as the end of this month.

The investment firm has lowered its estimates for the component suppliers to Apple, in the wake of disappointing feedback regarding iPhone 6s sales from carrier surveys.

Western Digital and Unisplendour have entered into an agreement under which a subsidiary of Unis will make a US$3.775 billion equity investment in Western Digital.

Synaptics, the maker of touch-screen technology used in phones, tablets and computers, rejected an offer from a state-backed Chinese investment group that valued the company at almost US$4 billion, people with knowledge of the matter said.

Growth in China's investment and factory output in August has come in below forecasts, in a further indication that the world's second-largest economy is losing steam.

Intel has invested more than $60 million in Chinese drone maker Yuneec Holding, the clearest indication yet of the opportunity that Intel and fellow chip makers see in the nascent commercial drone space.

SK Group is considering pouring about 46 trillion won ($38 billion) over the next few years to expand the production facilities of its chipmaking unit SK hynix, officials said Monday.

China's Tsinghua Holdings is still discussing a potential deal to buy US chipmaker Micron Technology and hopes it could eventually go through, the state-backed investment company's chairman told Reuters on Thursday.

Tsinghua Unigroup, controlled by China's Tsinghua University, has agreed to invest US$100 million in a mobile operating system start-up founded by Mozilla Corp's former China head, according to a company announcement.

"S6 didn't sell as well as the market had hoped for, partly because of continued outperforming of iPhones combined with the supply constraint," said Greg Roh, a Seoul-based analyst at HMC Investment Securities Co. "Sales sharply missed the market expectation, which implies that overall technology industry demand for smartphones, TVs and PCs is weakening."

Cisco plans to invest $10 billion in China, although its sales in the country are slumping due in part to persistent security concerns surrounding US technology.

In the data center, where Intel has handily trounced AMD in sales of server microprocessors, there is still a need for x86-compatible chips, of which AMD holds the only cards outside Intel. That could make AMD a target in the data center for Xilinx or for Chinese state-owned investment vehicles.

But company officials and market experts say if the two raise their production capacity, the long-term supply growth will remain constrained due to technological complexity.

Samsung Electronics is set to spend at least another 10 trillion won (US$9.2 billion) to boost capacity at a new South Korean chip plant, a 64% increase over announced investment plans, domestic online news service MoneyToday reported.

Taiwan is not able to become a founding member of the Beijing-led Asian Infrastructure Investment Bank (AIIB) but is still welcome to become a member in the future, the Chinese government said on Monday.