Oil prices are on track to reach $100 a barrel this month for the first time in 2023 after surging by almost 30% since June, after Russian and Saudi Arabian production cuts and rising demand from China.

This year's 618 shopping festival, which lasted for several weeks until June 18, is the first since China ended its virus control policies and was highly anticipated to stimulate an increase in consumer spending. However, the actual sales between June 1 and June 7 in the smart devices market didn't meet expectations. Consumers opted for high-quality products but were more price sensitive this year.

Apple, having debuted the Vision Pro headset at $3,500, is already working on a cheaper model to get the new product category onto the faces of more people.

With Apple stock near an all-time high, it's worth asking how it got there - and how long that can last. The world's most valuable company makes great products, but it may turn out that the biggest driver of its share price has been the close relationship CEO Tim Cook has cultivated with China.

Tesla says it has no plans to stabilise the prices of its popular electric vehicles, despite repeated price cuts denting its profits.

It's hard to feel sorry for Silicon Valley tech workers. From high salaries and generous stock options to nap pods and unlimited time off, they're among the most privileged class of employees in the world. Conversely, there's no denying that these pampered staffers engineered a technology revolution that's brought untold economic and social value to the entire planet.

Intel has informed customers it will raise prices on a majority of its microprocessors and peripheral chip products later this year, citing rising costs, Nikkei Asia learned.

Taiwan's industrial sector, including the world's largest contract chipmaker, will be hit with the island's first power price increase in four years as the state-owned utility grapples with soaring fuel costs.

Broadcom and VMware have announced an agreement under which Broadcom will acquire all of the outstanding shares of VMware in a cash-and-stock transaction that values VMware at approximately US$61 billion, based on the closing price of Broadcom common stock on May 25, 2022.

Chipmaker Micron Technology on Thursday announced it was experimenting with a new pricing model for its chips called forward pricing agreements that would aim to stabilize the steep price fluctuations that plague the industry.

A sharp drop in graphic chip prices could presage an unexpectedly quick ending to a global chip crunch that has crippled manufacturing from smartphones to cars, and the issue will be a central one for companies reporting results this week.

Marvell Technology customers have broadly been willing to accept price increases in exchange for steady chip supply, the company's chief executive said on Thursday as it reported better-than-expected quarterly sales.

Chinese automobile-chip maker stocks tumbled after the government launched a probe into possible price manipulation, putting a brake on share surges buoyed by a global semiconductor shortage that's approaching the 12-month mark.

HP was awarded $439 million in damages against Quanta Storage and its US subsidiary after a federal judge tripled a jury's 2019 award for damages caused by a widespread scheme to inflate the price of optical disk drives.

Cybersecurity company Symantec has walked away from negotiations to sell itself to chipmaker Broadcom over price disagreements, people familiar with the matter said on Monday.

"While March mix is still bad, the tone in the supply chain is starting to improve and price reductions in China may be starting to clear channel inventory," UBS analyst Timothy Arcuri wrote.

Samsung now expects bit growth of less than 20% for DRAM and a rise of 30% for NAND flash.

China has launched a probe into Samsung Electronics, SK Hynix and Micron Technology, the three semiconductor makers who control the market for DRAM memory chips.

This year Apple AAPL -0.18% will change its iPhone line-up dramatically. There will be three new models in three new sizes and - perhaps most surprisingly - some major price cuts. And now even Apple is giving us clues about this...

Another class action lawsuit has been filed, alleging that Samsung, Hynix, and Micron conspired to limit the supply of memory, keeping consumer prices artificially high as a result.

Qualcomm has dropped its objections to being acquired by Singapore's Broadcom and is willing to agree a deal with its rival chipmaker if it raises its takeover offer to $160bn including debt, according to people involved in the negotiations.

Samsung Electronics has decided to cooperate with the Chinese government to develop next-generation technologies including artificial intelligence (AI). With China having been putting pressure on Samsung Electronics due to a rise in the price of memory chips supplied to Chinese smartphone makers, some market watchers say that the partnership can settle a series of conflicts between the two.

Samsung Electronics is expected to sign a memorandum of understanding (MOU) with the National Development and Reform Commission (NDRC), a macroeconomic management agency under China's State Council, this week.

Japanese chip vendor Renesas Electronics denied that it is in talks to acquire rival Maxim Integrated after reports about a possible deal sent Maxim's stock price skyrocketing.

The South Korean chip industry is tightening its monitoring of increasing protectionist moves by China and the US as they are faced with probes and suspicions of price collision.

If this is the case, it would be the first time that Apple has not retained the previous year's model to allow for a wide range of iPhones available at many price points.

Price increases for both DRAM and NAND flash memory are raising the outlook for the overall semiconductor market.

If you remember, all the way back in February, HMD's Nokia Android lineup made its international debut at Mobile World Congress. The highest-end device, the Nokia 6, impressed us with its metal body, great build quality, stock Android, and low ??29 price tag.

Samsung Electronics is planning to invest in a new DRAM lab, according to Korean media reports. The move raises concerns of a capital spending race which could ruin profitability for makers of DRAM, a memory chip commonly used in smartphones.

It used to be that any burp, hiccup, earthquake, typhoon or tsunami in Asia drove Micron's stock price wild. Seemingly no longer true with bellicose moves on the Korean Peninsula.

Today brings a report from Credit Suisse's John Pitzer, who maintains a Neutral rating on Intel shares, and a $35 price target. He concedes Intel has shown it maintains its manufacturing lead. He's just not sure it will be enough to give the company the edge it needs.

Micron Technology gained more than 7% in late trading Thursday after the chipmaker reported better earnings than expected amid reported price hikes for its memory chips.

Even if China doesn't build all of these fabs, there are still some worrisome signs. For example, a large percentage of the projected capacity from China's foundry vendors is slated for 28nm processes and above. So over time, some see a potential capacity glut, if not a price war, looming for these technologies.

According to electronics and display industry sources, LG Display recently agreed with Samsung Electronics to supply its two to three models of 40- to 60-inch LCD TV panels. The two companies are discussing the contract details, such as model, price and supply time, and are about to enter into a final agreement.

Rosenblatt Securities's Jun Zhang today reiterates a Buy rating on shares of Qualcomm, and raises his price target to $75 from $70, writing that the company's set to ride the wave of smartphone sales by Chinese phone makers Vive and Oppo.

Sony (China) has signed a binding definitive agreement to transfer to Shen Zhen O-Film Tech all equity interest in its wholly-owned subsidiary, Sony Electronics Huanan, which manufactures camera modules. The sales price is approximately US$95 million, subject to customary post-closing adjustments.

Qualcomm is the only company in talks to acquire NXP Semiconductors and is making progress toward an agreement with the Dutch chipmaker on a fair price, people with knowledge of the matter said.