Samsung Electronics is planning to elevate its market share ranking, which is 4th now to second place this year. As Samsung Electronics can specialize its technology competitiveness ahead of its competitors', the company disclosed its aspiration to overtake Taiwan's TSMC, the industry leader in the future.

It follows Tag Heuer's Connected watch, the Apple Watch Herm癡s and Michael Kors's Access line (in collaboration with Fossil) in an effort to, according to Michael Burke, chief executive of Louis Vuitton, combat the fact that when it comes to wearable technology, "there's a lot of ugliness out there."

Western Digital won a temporary US court order on Tuesday saying that Toshiba must allow Western Digital's employees to access databases and chip samples as part of a joint venture with Toshiba around flash memory chip plants in Japan.

Rambus, a chip designer with a lengthy history of patent litigation, is considering a sale even as it has expanded its business to include sales of its own branded chips, people familiar with the matter said.

With the launch of Bixby and reports that Samsung is building its own competitor to Amazon's Echo, the consumer electronics giant has now made an acquisition that could help power its next generation of voice-powered services.

Sales analysts have cited wireless charging as one of the features compelling enough to help the upcoming iPhone 8 shatter sales records. Now, the always-churning Apple rumor mill suggests that feature won't be in place in time for the new phone's release (which may or may not come this year) and that it might not be quite as cool as some had hoped.

Microsoft is to cut "thousands" of jobs worldwide as it attempts to beef up its presence in the cloud computing sector. The technology giant wants to strengthen its cloud computing division but is facing intense competition from rivals such as Amazon and Google.

Samsung Electronics is expected to report its best-ever quarterly profit in the second quarter, with soaring memory chip sales pushing it past Intel as the biggest semiconductor maker by revenue for the first time.

Shares of Tencent, China's biggest gaming and social media firm by revenue, fell nearly 4% this week up to the close of trade on Tuesday, wiping some US$12 billion off its market value. The stock was up more than 1% on Wednesday, reversing earlier losses.

A plan for the sale of Toshiba's semiconductor unit includes an option for SK Hynix to eventually take a minority stake in the business, people involved in the proposed deal say, contradicting Toshiba's public statements.

It has been confirmed that SK Hynix started mass-producing 4th generation (72-layer) 3D NAND flash wafers and achieved ?？olden yield', which had been SK Hynix's biggest obstacle. Its solution product that uses its own controller and firmware passed certifications.

Nokia is to supply a LTE network in the 700 megahertz spectrum band to the Shanghai Oriental Pearl Group, a diversified broadcasting, media, manufacturing and real estate company. The deployment will transform Shanghai's fast-growing former industrial district of Hongkou through a range of new smart city services, for which Nokia will supply advanced wireless communications based on FDD-LTE technology for smart city and public safety applications.

Intel plans to lay off 97 people at its corporate headquarters in Santa Clara and up to 40 more in Ireland as the chipmaker makes cuts to its Internet of Things group.

China Internet giant Tencent has limited the hours that children can play several of its most popular games. It said the measures, restricting gaming depending on the player's age, were "to dispel parents' worries."

Samsung is releasing a new phone using parts from its Galaxy Note 7, which was axed after a battery fault led to some devices catching fire. The new handset will go on sale only in South Korea on 7 July, with a safer, smaller battery, the firm said.

A source with knowledge of the planned downsizing told TechCrunch that the US firm would lay off "thousands" of staff across the world. The restructuring is set to include an organizational merger that involves its enterprise customer unit and one or more of its SME-focused divisions. The changes are set to be announced this coming week, we understand.

EU antitrust authorities have halted their scrutiny of Qualcomm's $38 billion bid for NXP Semiconductors after the companies failed to provide relevant information.

VerHeul most recently was senior VP of corporate engineering at SanDisk, where he was responsible for developing a broad array of flash products.

Micron Technology is expected to report US$1.9 billion for the three months ended in May. That puts the company on track to post more than US$5 billion in operating earnings for its fiscal 2017.

Even during the most bullish Bitcoin days, video card partners had shied away from creating specific SKUs for the purpose of cryptocurrency mining, and that has remained the case since - until now. With the Ethereum mining mania hitting new heights (ed: and arguably new lows), add-in board vendors ASUS and Sapphire have released mining-specific video cards, with variants based off of NVIDIA's GP106 GPU, and AMD's RX 470 & RX 560 video cards.

Intel is collaborating with AT&T and Ericsson on a second trial using millimeter wave (mmWave) technology to deliver an ultra-fast 5G network experience to more locations in Austin, Texas.

Toshiba is suing Western Digital for JPY120 billion, accusing it of interfering in the attempted sale of its flash memory business. The Japanese giant is offloading the unit to cover huge losses in its US nuclear division.