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Xiaomi is preparing to enter the US smartphone market "in the near future," employing the same online sales and social media marketing tactics that helped the six-year-old startup become China's largest privately funded startup.
Bloomberg
Chinese investors led by Shanghai Giant Network Technology Co. agreed to buy Caesars Entertainment's online casino-style games unit Playtika for US$4.4 billion, in a bet on the rising popularity of mobile play.
Bloomberg
The US market isn't the only reason to buy Vizio, but it's a big one.
PC Magazine
The US government cannot force Microsoft to give authorities access to the firm's servers located in other countries, a court has ruled.
BBC News
According to a recent memo, Senate staffers will no longer receive any BlackBerry devices going forward-it's an Android and iPhone world on the hill now. BlackBerry will continue to support any devices still in use, but that's it.
PC Magazine
The company has decided to put more focus on growth in East Asia, Europe and the Middle East, while they expect that their Latin American and Asia Pacific businesses will prevail.
AndroidHeadlines
The Chinese yuan fell to its weakest level against the US dollar since late 2010, after China's central bank cut its daily-fix value for the currency by the biggest margin since a one-time devaluation in August 2015.
Wall Street Journal
The US government has extended through August 30 a reprieve to ZTE on tough export restrictions imposed on the Chinese smartphone maker in March for allegedly breaking sanctions against Iran, the Commerce Department said on Monday.
Reuters
Swedish mobile telecom gear maker Ericsson is being investigated by US authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet (SvD) reported late on Thursday, citing unnamed sources.
Reuters
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.
The Financial Times
Seoul Semiconductor announced that it has prevailed in a patent infringement lawsuit regarding LED backlight lens technology against Japanese lens maker Enplas.
Company release
Major Japanese automakers and autoparts suppliers will join hands in research and development of autonomous driving vehicles to narrow the gap with US and European rivals.
Nikkei Electronics Asia
Israel's Cellebrite, a provider of mobile forensic software, is helping the US Federal Bureau of Investigation's attempt to unlock an iPhone used by one of the San Bernardino, California shooters, the Yedioth Ahronoth newspaper reported on Wednesday.
Reuters UK
According to one market researcher, Apple is likely to sell only four million to six million units of the new iPhone SE in the US in the first year. Those who own an iPhone 6 are unlikely to give up the big screen, reckons Consumer Intelligence Research Partners.
Recode
The US will temporarily lift trade sanctions against ZTE. The Chinese communications company was hit with sanctions earlier this month after the US said the company improperly exported US technology to Iran.
Wall Street Journal
Microchip Technology has announced the receipt of antitrust clearance in US and Germany for its acquisition of Atmel
Reuters
US chipmakers will feel the sting of the US government's decision to restrict technology exports to China's ZTE. Qualcomm and Intel are both suppliers to ZTE, as is Singapore's Broadcom.
RCR wireless news
Qualcomm has agreed to pay $7.5 million to settle charges it violated US anti-bribery laws by hiring relatives of Chinese officials to obtain business, the US Securities and Exchange Commission said on Tuesday.
Fortune
Qualcomm has asked a US federal court to compel some of its biggest customers and competitors-including Apple and Samsung Electronics-to hand over any documents they provided to South Korean antitrust authorities investigating the US chipmaker.
Wall Street Journal
Just over a week after Samsung paid Apple more than $548 million for infringing the patents and designs of the iPhone, Apple has asked a US court to force its biggest smartphone rival to cough up even more.
Reuters
US chipmakers are cutting back "sharply" on spending, according to fresh analysis from Citigroup. Spending by semiconductor companies is expected to fall 19.8% this year from 2014, when it dropped a modest 0.9%.
The Financial Times
UK-based chip vendor Dialog Semiconductor announced its proposed $4.6 billion acquisition of Atmel has cleared regulatory review in the US in Germany-even as an activist hedge fund opposed to the deal boosted its stake in Dialog in hopes of blocking the transaction.
EE Times
US retail sales rose less than expected in October amid a surprise decline in automobile purchases, suggesting a slowdown in consumer spending that could temper expectations of a strong pickup in fourth-quarter economic growth.
Reuters
Apple appears to be facing a fight over up to $400 million now that a jury has ruled it infringed on a patent owned by the University of Wisconsin-Madison.
Fortune
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.
Company release
China's analog chipmaker Montage Technology has offered to buy Pericom Semiconductor in a deal valued at about US$430 million, trumping an offer from Diodes earlier this month.
Reuters
Samsung could be forced to stop selling some phones after Apple won an appeal in a US court.
BBC News
A China Railway Group-led consortium and XpressWest Enterprises LLC will form a joint venture to build a high-speed railway linking Las Vegas and Los Angeles, the first Chinese-made bullet-train project in the US.
Bloomberg
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
17 Jul 2015
Swatch Group AG will launch its own Internet-enabled smartwatch this summer in the US, China and its Swiss home market, CEO Nick Hayek said Thursday.
Marketwatch.com (Dow Jones)
Tumbling markets and economic uncertainty in China pose a risk to major chipmakers such as Qualcomm that derive a big portion of their sales from the world's second-largest economy.
Reuters
The US has in the past accused China of being involved in hacking government and commercial computer systems.
BBC News
The US International Trade Commission staff is recommending that Samsung Electronics and Qualcomm be cleared of patent-infringement accusations brought by Nvidia.
Bloomberg
It would be the first increase since the rate was cut to near zero during the 2008 financial crisis.
BBC News
The US has charged six Chinese nationals over the alleged theft of technology used in mobile phones. The six, including three university professors, are accused of using the technology to benefit universities and companies controlled by Beijing.
BBC News
ASML has signed an agreement with one of its major US customers to deliver a minimum of 15 ASML EUV lithography systems to support increased development activity and pilot production of future-generation manufacturing processes.
Company release
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