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India's smartphone shipments grew 82% on year to reach over 33 million units in first-quarter 2021, according to the latest research from Counterpoint.
Counterpoint
Microsoft posted its most profitable quarter on Tuesday, beating Wall Street expectations for revenue and earnings, as PC sales declines stemming from a global chip shortage were more than made up for by a boom in cloud services.
Reuters
Apple's profits almost doubled in its latest quarter to US$21.7 billion, as iPhone sales surged and anticipated component shortages failed to bite.
The Financial Times
Advanced Micro Devices gave a bullish third-quarter sales forecast, indicating it's gaining market share from Intel in the lucrative market for server chips.
Bloomberg
American electric vehicle maker Tesla may set up manufacturing unit in India if it first succeeds with imported vehicles in the country, according to company CEO Elon Musk. He, however, said at present import duties in India are "the highest in the world" and is hoping for "at least a temporary tariff relief for electric vehicles."
The Economic Times
Texas Instruments gave a revenue forecast for the current period that disappointed some investors, raising concerns that a jump in chip demand caused by the pandemic will be short-lived. The stock fell in extended trading.
Bloomberg
The collaboration is part of Airtel's 5G roadmap for India as it transforms its networks to allow its customers to reap the full possibilities of the hyperconnected world where Industry 4.0 to cloud gaming and virtual / augmented reality become an everyday experience
livemint.com
Saankhya's core BRH product, which is already certified by US Federal Communications Commission (FCC), enables convergence of broadcast and mobile broadband networks, allowing digital terrestrial broadcasters to boost their reach and, potentially, market share.
ETTelecom
Samsung Electronics is looking to expand its mobile device manufacturing capabilities in Pakistan. The company has reportedly entered an agreement with Lucky Motor Corporation - a joint venture by Lucky Corp. and Kia Motors - for the purpose of manufacturing phones locally.
SamMobile
Tsinghua Unigroup has been forced into restructuring under China's bankruptcy law, kicking off a process that could pave the way for the introduction of strategic investors like Alibaba.
Caixin
The company behind Indian mobile-payment app Paytm plans to raise up to US$2.2 billion through one of India's largest-ever initial public offerings, capitalizing on a boom in the country's stock market.
Wall Street Journal
Any talks don't appear to include Globalfoundries executives, as a spokeswoman for the company said it isn't in discussions with Intel.
Wall Street Journal
Vietnamese factories serving Samsung and a major Nike and Adidas supplier have suspended operations after detecting cases of coronavirus at their facilities, the country's health ministry said on Wednesday.
Nikkei Asia
Both Conservative and Labour MPs have raised national security concerns because Nexperia is a Chinese-backed firm.
BBC News
Alibaba Group and Chinese state-backed firms are weighing bids for a stake in Unisplendour, a cloud computing infrastructure firm, that could fetch as much as $7.7 billion, people familiar with the matter said.
Reuters
Strains in the semiconductor supply chain have worsened in some areas as trends such as remote working combine with an industrial recovery from last year's pandemic slump to drive chip demand, the head of Germany's Infineon said.
Reuters
Intel has said investment in its planned new European $20bn semiconductor factory could be spread across several EU member states, as it lobbies to win the bloc's financial and political support for the project.
The Financial Times
Taiwan's Foxconn and TSMC said on Monday they had reached deals to buy 10 million doses of Germany's BioNTech's COVID-19 vaccine, putting the total cost of the highly politicised deal at around $350 million.
Reuters
The UK's largest chip maker based in Newport has been bought by Nexperia, which is wholly-owned by Chinese tech firm Wingtech for 瞿65m.
BusinessLive
NXP Semiconductors has announced a major industry milestone for 5G energy efficiency with the integration of gallium nitride (GaN) technology to its multi-chip module platform. The new 5G multi-chip modules will sample in the third quarter, with production starting later this year.
Company release
The Pentagon is scrapping a multibillion dollar cloud computing contract, which sparked a row between Microsoft and Amazon.
BBC News
Twitter no longer enjoys the liability protection against user-generated content in India, the government has indicated in a court filing, as tension escalates between the two over the South Asian nation's new IT rules.
TechCrunch
Washington's moves showed that "the US is pressuring Taiwan and TSMC to support its supply chain" over China, said Paul Triolo, an analyst at consultancy Eurasia Group. They also challenge TSMC's historic position of neutrality and the company's strategy of "being everyone's foundry."
The Financial Times
Tata Motors is steering its underlying business toward sustainability, promising to bring 10 battery-powered vehicles to the Indian market by 2025 after having set the same deadline globally for a fumes-free Jaguar range.
The Economic Times
Qualcomm's new CEO, Cristiano Amon, says the company will have no problem producing laptop chips to compete directly with Apple's M1 - mainly because Qualcomm now employs some of the key minds behind Apple's highly publicized breakthrough.
Ars Technica
China's Internet regulator has ordered app stores to stop offering ride-hailing company Didi Chuxing's app.
BBC News
For automotive customers, chip production will start in September - three months earlier than planned.
Company release
Japan's Kioxia Holdings, the world's second largest maker of flash memory chips and formerly known as Toshiba Memory, plans an initial public offering as early as September, weekly financial magazine Diamond reported on Thursday.
ETTelecom
Broadcom has come out in support of Nvidia's $40 billion acquisition of chip designer Arm after other firms raised concerns about the deal.
CNBC
Bitmain, China's biggest maker of cryptocurrency mining machines, said it had suspended sales of its products in the spot market to help ease selling pressure following Beijing's ban on bitcoin mining.
Reuters
China has expanded its clampdown on cryptocurrencies, telling banks and payments platforms to stop supporting digital currency transactions.
BBC News
Taiwan will allow Terry Gou, the billionaire founder of Taiwan's Foxconn, and TSMC to negotiate on the government's behalf for COVID-19 vaccines, a spokesman said on Friday, but warned he couldn't guarantee success.
Reuters
SiFive, a startup that designs semiconductors, has received takeover interest from investor Intel, according to people familiar with the matter.
Bloomberg
Hyundai Motor Group is in talks with South Korean chip companies to help it reduce reliance on foreign supplies amid a global shortage that has halted assembly lines at automakers around the world, four people familiar with the matter told Reuters.
Reuters
Magnachip Semiconductor said on Friday that it has received a takeover bid from Cornucopia Investment Partners, topping a rival offer, which values the South Korea-based display and power chip maker at $1.66 billion.
Reuters
South Korean chip maker SK Hynix has admitted some of its DRAM components included defects, though it says accounts of the issue are overblown.
The Register
Tokyo and Taipei would be smart to work more closely on technology development.
Bloomberg
Apple is in early-stage talks with China's CATL and BYD about the supply of batteries for its planned electric vehicle, four people with knowledge of the matter said.
Reuters
Nvidia CEO Jensen Huang said he is still confident regulators will green-light its $40 billion acquisition of SoftBank Group's Arm, despite growing skepticism about the deal's prospects.
Bloomberg
US President Joe Biden has issued a new executive order that is set to hit 59 firms including communications giant Huawei.
BBC News
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