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Friday 23 February 2024
Foxconn's 50th-anniversary banquet celebrates enduring Apple partnership
On February 20, Hon Hai Group (Foxconn) celebrated its 50th anniversary with a grand banquet, hosting prominent guests from major clients like Apple, suppliers, partners, government...
Tuesday 20 February 2024
Arm, OpenAI, and Softbank showing interest in buying Graphcore
British AI chip startup Graphcore is rumored to be for sale, with the asking price estimated at US$500 million. Arm, SoftBank, and OpenAI are said to be among potential buyers.
Monday 19 February 2024
Softbank's CEO wants to give British chip designer Arm a hand
SoftBank's CEO Masayoshi Son plans to raise billions of dollars to establish an AI chip company.
Tuesday 5 December 2023
Nvidia CEO commited to provide more GPUs to Japan after meeting Prime Minister
After a meeting between Nvidia CEO Jensen Huang and Japanese Prime Minister Fumio Kishida, it was stated that Japan hopes Nvidia will supply as many GPUs as possible to Japanese companies...
Monday 2 October 2023
How long could Huawei still rely on Arm IP licensing amid US chip bans and RISC-V rise?
For the SoftBank-backed Arm that just completed a blockbuster IPO in the US in mid-September, China is a critical market contributing a quarter of its annual revenues for fiscal 2023,...
Monday 4 September 2023
SoftBank lines up Apple, Nvidia as strategic Arm IPO backers
SoftBank Group Corp. has lined up some of Arm Ltd.'s biggest customers as strategic investors for the chip company's initial public offering, including Apple Inc., Nvidia Corp., Intel...
Tuesday 15 August 2023
Will Samsung become strategic investor in Arm's upcoming IPO?
British silicon intellectual property (IP) supplier Arm reportedly has extended a wide invitation to semiconductor companies to become its strategic investors in its upcoming initial...
Tuesday 11 July 2023
SoftBank to build supercomputer for generative AI
NHK and Nikkei reported that SoftBank, the telecom subsidiary under SoftBank Group, planned to invest JPY20 billion (US$140 million) and use Nvidia's GPU to build...
Monday 19 December 2022
New Japan chipmaker Rapidus faces challenges to mass produce 2nm chips by 2027
Japan's newly founded advanced chips manufacturing company Rapidus aims to develop 2nm chips mass production technology through cooperation with mainly the US and foray into the foundry...
Friday 23 September 2022
Arm mulls partnership with Samsung, potentially on near-memory computing
SoftBank chairman and CEO Masayoshi Son raised the possibility of a strategic alliance between Arm and Samsung on September 22, according to several media outlets, as falling technology...
Friday 12 August 2022
Arm reported record quarterly revenue despite challenges ahead
As SoftBank posted a record JPY3.16 trillion (US$23.5 billion) loss in Q1FY22, prompting it to offload half of its holdings in the Chinese e-commerce giant Alibaba. Its subsidiary...
Monday 14 March 2022
SEA roundup: Softbank no longer investing in Borneo project
SoftBank has pulled out investment in Indonesia's new capital project on Borneo Island, according to Jakarta...
Wednesday 9 February 2022
Nvidia and SoftBank terminate Arm acquisition deal
Nvidia and SoftBank Group have announced the termination of the previously announced transaction whereby the former would acquire Arm from the latter. The parties said they agreed...
Wednesday 12 January 2022
Vietnam-based MoMo raises US$200 million in Series E funding round
The largest Vietnam-based e-wallet and e-payment service provider, MoMo, raised US$200 million in Series E funding round in December 2021, leading to an appraised corporate value...
Wednesday 24 March 2021
PatSnap receives US$300 million in funding from SoftBank, Tencent and others
PatSnap, a Singaporean provider of innovation intelligence, has announced it has secured US$300 million in Series E funding, led by SoftBank Vision Fund 2 and Tencent Investment with...