Apple will manufacture Made-In-India iPhone 12 soon, its latest model launched in India on October 30 last year, a few weeks after the global release. iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market.
Luokung Technology, a provider of map software and cloud services, faces removal from the Nasdaq Stock Market from March 15 while another four companies, including phone maker Xiaomi, which trade over the counter in New York have also been blacklisted.
Nikkei Electronics Asia
China's leaders are finalizing their political and economic agenda for the rest of 2021 and beyond. How the country achieves technological independence and tackles the climate crisis will be near the top.
The EU body said personal data may have been accessed from its servers. And it had pulled its entire email system offline while it assessed the damage.
A sophisticated attack on Microsoft's widely used business email software is morphing into a global cybersecurity crisis, as hackers race to infect as many victims as possible before companies can secure their computer systems. The attack, which Microsoft has said started with a Chinese government-backed hacking group, has so far claimed at least 60,000 known victims globally, according to a former senior US official with knowledge of the investigation.
President Joe Biden's nominee for Commerce secretary, Gina Raimondo, said she knows of "no reason" why Huawei Technologies and other Chinese companies shouldn't remain on a restricted trade list.
The European Union is planning to produce its own advanced semiconductors by 2030, part of the bloc's plans to reduce "high-risk dependencies" on technology companies in the US and Asia.
Broadcom shares fell after the company's main chip division reported revenue that just missed Wall Street estimates.
Shares of Marvell Technology fell on Wednesday as the designer of 5G networking chips said supplies could remain tight through its fiscal 2022.
Reuters (via Yahoo! News)
The US Senate is considering including in a new bill to boost competitiveness against China $30 billion in funding for previously-approved measures to supercharge the country's chipmaking industry, a congressional source said on Thursday.
Samsung, NXP Semiconductors and Infineon Technologies were ordered to shut factories in Texas last month after a winter storm killed at least 21 people and left millions of Texans without power.
Shares of Micron Technology rose 1.8% in Wednesday morning trading after the company updated its fiscal second-quarter outlook with a more upbeat profit and revenue forecast.
Globalfoundries will invest US$1.4 billion this year to raise output at three factories in the US, Singapore and Germany, as a global shortage of semiconductors has boosted demand for chips, its chief executive said.
The Star Online
Chinese electric car start-up Nio said Tuesday a shortage in semiconductors and batteries will cut its production capacity in the second quarter to 7,500 vehicles a month, down from 10,000.
Volvo Cars set an ambitious goal to only sell battery cars by 2030, accelerating its plans after sales of electric vehicles surged.
Samsung Electronics' foundry in Austin, Texas, still remains suspended after having been shut down by a power outage on the afternoon of February 16.
Goldman Sachs has restarted its cryptocurrency trading desk and will begin dealing bitcoin futures and non-deliverable forwards for clients from next week, a person familiar with the matter said.
"Despite our private-sector and university leadership in AI, the US remains unprepared for the coming era... China is a competitor possessing the might, talent and ambition to challenge America's technological leadership, military superiority and its broader position in the world."
The Financial Times
As the US looks to fulfill its semiconductor needs on its own, Arizona is fast emerging as a base for the domestic industry's revival. Already home to large Intel workforces, the state will soon add staff from Taiwan's TSMC, supplier LCY Group, and potentially Samsung, as a slew of industry giants eye sites in the sun-beaten Southwestern state.
The video conferencing company expects sales to rise more than 40% this year, reaching more than $3.7bn.
China's Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world's largest telecommunications equipment maker, battered by U.S. sanctions, explores a strategic shift.
Siemens and ASE are developing a single platform from 2.5D and 3D packaging to fan-out wafer-level packaging (FOWLP) technologies.
The US president signed an executive order on Wednesday requiring federal agencies to conduct 100-day reviews of supply chains for semiconductors, pharmaceuticals, electric vehicle batteries and critical minerals used in manufacturing products such as cars and weapons.
Australia has passed a world-first law aimed at making Google and Facebook pay for news content on their platforms.
Electric-car maker Fisker said on Wednesday it will collaborate with Foxconn on an electric vehicle project and forecast that production would start in the fourth quarter of 2023.
US President Joe Biden is set to sign an executive order as early as this month to accelerate efforts to build supply chains for chips and other strategically significant products that are less reliant on China, in partnership with the likes of Taiwan, Japan and South Korea.
Nikkei Electronics Asia
Jack Ma's Ant Group quickly became one of China's most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the day. Now it appears to be turning into the kind of highly regulated Chinese bank that it hoped to supplant.
Huawei Technologies took the wraps off a high-end foldable smartphone to try and stake out a place in the fast-expanding category, revealing that revenue and profit barely grew in 2020 at the height of Trump-era sanctions.
As an auto chip shortage continues to disrupt car manufacturing, ON Semiconductor CEO Hassane El-Khoury told CNBC he expects a bottleneck in orders to subside by the second half of 2021.
Security researchers have spotted a new malware operation targeting Mac devices that has silently infected almost 30,000 systems.
A new Apple patent published today by the US Patent and Trademark Office describes an iPhone display that, with high refresh mode enabled, may be capable of updating content at two times, three times, or even four times the native refresh rate. For example, an iPhone with a 60Hz display would be able to increase its variable refresh rate to 120Hz, 180Hz, or 240Hz automatically.
LG Innotek plans to invest KRW547.8 billion (US$496 million) to increase production of camera modules used in iPhones.
Nikkei Electronics Asia
Electric vehicle (EV) registrations in the US in 2020 reached record market share of 1.8%, demonstrating increased consumer interest for electric vehicles, according to new analysis from IHS Markit.
Looking ahead, cutting edge wafer supply might not be the biggest headache for big chip companies. As TSMC chairman Liu sees it, a renaissance is coming. One day chip design will be as easy as writing code.
As the main paper sessions close out, there were three papers that deserve some attention for their potential impact on system-on-chip (SoC) technology.
Honda Motor is promoting its current head of research and development Toshihiro Mibe to chief executive, the latest in a number of bold moves the automaker is taking to step beyond its more than half-a-century-long reliance on selling gasoline-powered cars.
China may ban the export of rare-earths refining technology to countries or companies it deems as a threat on state security concerns, according to a person familiar with the matter.
In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology.
Applied Materials on Thursday forecast second-quarter revenue above market expectations, as demand for its semiconductor manufacturing tools picked up during a global shortage of semiconductors.
Analog Devices is delaying the closure of a California chip factory as sales boom and supplies remain tight, the company's chief executive told Reuters after the company reported better-than-expected quarterly results.