American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the country, according to company CEO Elon Musk. He, however, said at present import duties in India are "the highest in the world" and is hoping for "at least a temporary tariff relief for electric vehicles."
The Economic Times
TSMC is finalizing a decision to put its first chip plant in Japan into operation as early as 2023, Nikkei has learned.
Texas Instruments gave a revenue forecast for the current period that disappointed some investors, raising concerns that a jump in chip demand caused by the pandemic will be short-lived. The stock fell in extended trading.
The collaboration is part of Airtel's 5G roadmap for India as it transforms its networks to allow its customers to reap the full possibilities of the hyperconnected world where Industry 4.0 to cloud gaming and virtual / augmented reality become an everyday experience
Saankhya's core BRH product, which is already certified by US Federal Communications Commission (FCC), enables convergence of broadcast and mobile broadband networks, allowing digital terrestrial broadcasters to boost their reach and, potentially, market share.
Samsung Electronics is looking to expand its mobile device manufacturing capabilities in Pakistan. The company has reportedly entered an agreement with Lucky Motor Corporation - a joint venture by Lucky Corp. and Kia Motors - for the purpose of manufacturing phones locally.
Tsinghua Unigroup has been forced into restructuring under China's bankruptcy law, kicking off a process that could pave the way for the introduction of strategic investors like Alibaba.
Globalfoundries is sticking with its plan for an initial public offering next year, according to company CEO Tom Caulfield. Reports that Globalfoundries is the subject of a takeover bid by Intel are speculation, he said.
The company behind Indian mobile-payment app Paytm plans to raise up to US$2.2 billion through one of India's largest-ever initial public offerings, capitalizing on a boom in the country's stock market.
Wall Street Journal
Any talks don't appear to include Globalfoundries executives, as a spokeswoman for the company said it isn't in discussions with Intel.
Wall Street Journal
Vietnamese factories serving Samsung and a major Nike and Adidas supplier have suspended operations after detecting cases of coronavirus at their facilities, the country's health ministry said on Wednesday.
Both Conservative and Labour MPs have raised national security concerns because Nexperia is a Chinese-backed firm.
Alibaba Group and Chinese state-backed firms are weighing bids for a stake in Unisplendour, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion, people familiar with the matter said.
Strains in the semiconductor supply chain have worsened in some areas as trends such as remote working combine with an industrial recovery from last year's pandemic slump to drive chip demand, the head of Germany's Infineon said.
Intel has said investment in its planned new European $20bn semiconductor factory could be spread across several EU member states, as it lobbies to win the bloc's financial and political support for the project.
The Financial Times
Taiwan's Foxconn and TSMC said on Monday they had reached deals to buy 10 million doses of Germany's BioNTech's COVID-19 vaccine, putting the total cost of the highly politicised deal at around $350 million.
The UK's largest chip maker based in Newport has been bought by Nexperia, which is wholly-owned by Chinese tech firm Wingtech for £65m.
NXP Semiconductors has announced a major industry milestone for 5G energy efficiency with the integration of gallium nitride (GaN) technology to its multi-chip module platform. The new 5G multi-chip modules will sample in the third quarter, with production starting later this year.
Huawei's chip design arm has struck a deal aimed at building up its domestic supply chain, a local partner said on Tuesday, in a first public move against a US clampdown aimed at cutting its access to vital technology.
Nikkei Electronics Asia
The Pentagon is scrapping a multibillion dollar cloud computing contract, which sparked a row between Microsoft and Amazon.
Twitter no longer enjoys the liability protection against user-generated content in India, the government has indicated in a court filing, as tension escalates between the two over the South Asian nation's new IT rules.
Washington's moves showed that "the US is pressuring Taiwan and TSMC to support its supply chain" over China, said Paul Triolo, an analyst at consultancy Eurasia Group. They also challenge TSMC's historic position of neutrality and the company's strategy of "being everyone's foundry."
The Financial Times
Tata Motors is steering its underlying business toward sustainability, promising to bring 10 battery-powered vehicles to the Indian market by 2025 after having set the same deadline globally for a fumes-free Jaguar range.
The Economic Times
Qualcomm's new CEO, Cristiano Amon, says the company will have no problem producing laptop chips to compete directly with Apple's M1 - mainly because Qualcomm now employs some of the key minds behind Apple's highly publicized breakthrough.
The UK's largest chip producer, Newport Wafer Fab, is set to be acquired by Chinese-owned semiconductor company Nexperia for around US$87 million.
Channel News Australia
China's Internet regulator has ordered app stores to stop offering ride-hailing company Didi Chuxing's app.
For automotive customers, chip production will start in September - three months earlier than planned.
Japan's Kioxia Holdings, the world's second largest maker of flash memory chips and formerly known as Toshiba Memory, plans an initial public offering as early as September, weekly financial magazine Diamond reported on Thursday.
Broadcom has come out in support of Nvidia's $40 billion acquisition of chip designer Arm after other firms raised concerns about the deal.
Bitmain, China's biggest maker of cryptocurrency mining machines, said it had suspended sales of its products in the spot market to help ease selling pressure following Beijing's ban on bitcoin mining.
Twenty leading UK universities have collectively accepted more than £40 million (US$55.66 million) in funding from Huawei and state-owned Chinese companies in recent years, sparking concern among Tory MPs.
Daily Telegraph (UK)
A global shortage of semiconductors is continuing to put the brakes on Japan's car-manufacturing industry.
Hong Kong pro-democracy paper Apple Daily has said its board will decide whether or not to close the publication at a meeting on Friday. This comes days after officials froze HK$18m (US$2.3m) of its assets over allegations that its reports breached a national security law.
China has expanded its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions.
Taiwan will allow Terry Gou, the billionaire founder of Taiwan's Foxconn, and TSMC to negotiate on the government's behalf for COVID-19 vaccines, a spokesman said on Friday, but warned he couldn't guarantee success.
The labor union of Samsung Display said Wednesday its union leadership plans to go on strike next week, as the union and the management failed to narrow differences in wage talks, marking the first-ever walkout for the company and any Samsung Group affiliate.
SiFive, a startup that designs semiconductors, has received takeover interest from investor Intel, according to people familiar with the matter.
Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
Magnachip Semiconductor said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion.
South Korean chip maker SK Hynix has admitted some of its DRAM components included defects, though it says accounts of the issue are overblown.