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Thailand-based Flash Group, which provides e-commerce logistics services, including delivery service Flash Express, has become the first Thai unicorn startup after recently raising US$150 million in Series D+ and E funding.
Bangkok Post
Stocks in Malaysia fell Monday trade as the government announced a nationwide "total lockdown" to curb the rapidly rising daily Covid-19 infections in the country.
CNBC
Intel CEO said on Monday it could take several years for a global shortage of semiconductors to be resolved, a problem that has shuttered some auto production lines and is also being felt in other areas, including consumer electronics.
Reuters
Taiwanese Apple suppliers have been working to turn India into an alternative production base to China.
Nikkei Electronics Asia
Apple is readying a revamp of its entry-level AirPods for this year and a second generation of the AirPods Pro for next year, according to people with knowledge of the matter.
Bloomberg
China's Huawei Technologies said it will launch its new Harmony operating system for smartphones on June 2, its biggest move yet aimed at recovering from the damage done by US sanctions to its mobile phone business.
Reuters
Jack Ma is reportedly stepping down as the president of an elite business school he founded, suggesting a further retreat from public life by China's most prominent entrepreneur in the face of government pressure on the tech industry.
CNN
Intel and SK Hynix have moved closer to completing their memory and storage business transaction after securing EU approval.
NASDAQ.com
Two other prominent Chinese tech billionaires have made similar moves: Colin Zheng Huang, the founder and former CEO of online discounter Pinduoduo, and Alibaba's Jack Ma.
Forbes
The European Union's plan to become a powerhouse in producing next-generation semiconductors will do little to help the region's vital industries today, one of its biggest homegrown chipmakers said Thursday.
Bloomberg
TSMC is weighing plans to pump tens of billions of dollars more into cutting-edge chip factories in the US state of Arizona than it had previously disclosed, but is cool on prospects for an advanced European plant, people familiar with the matter told Reuters.
Reuters
AMD said late Thursday it plans to buy about $1.6 billion in silicon wafers from Globalfoundries over the next few years.
MarketWatch
Some of the world's biggest chip buyers, including Apple, Microsoft and Alphabet's Google, are joining top chip-makers such as Intel to create a new lobbying group to press for government chip manufacturing subsidies.
Reuters
Xiaomi and the US government have reached an agreement to set aside a Trump administration blacklisting that could have restricted American investment in the Chinese smartphone maker.
Bloomberg
With the market for flash memory only expected to grow, Western Digital CEO David Goeckeler says the US chipmaker sees Japan's Kioxia Holdings as a long-term partner that is key to staying competitive against big Asian rivals.
Nikkei Electronics Asia
Apple is awarding US$45 million from its Advanced Manufacturing Fund to Corning, a supplier of precision glass for iPhone, Apple Watch, and iPad.
Company release
India has held up approvals for import of wifi modules from China for months, driving companies such as US computer makers Dell and HP and China's Xiaomi, Oppo, Vivo and Lenovo to delay product launches in a key growth market, two industry sources said.
Reuters
Infineon Technologies has concluded a supply contract with Japan-based Showa Denko for an extensive range of silicon carbide material (SiC) including epitaxy. The German semiconductor manufacturer has thus secured more base material for the growing demand for SiC-based products.
Company release
German chipmaker Infineon expects supply constraints in its automotive segment to only ease in the second half of this year, CEO Reinhard Ploss said on Tuesday, with lost volumes only likely to be made up in 2022.
Reuters
The US Commerce Department is pressing TSMC and other Taiwanese firms to prioritise the needs of US automakers to ease chip shortages in the near term, Commerce Secretary Gina Raimondo said.
Reuters
While more and more chips are needed in the US, fewer and fewer are manufactured here.
CBS News
Supply issues could affect products that feature its own M1 chip, which include the new iPad Pro and iMac 2021, said Apple chief executive Tim Cook.
BBC News
Nintendo will ramp up output of the Switch to about 30 million units this fiscal year, Nikkei has learned, marking an all-time high for the flagship gaming device in a bid to capitalize on continuing stay-at-home demand.
Nikkei Electronics Asia
Intel said on Sunday it will invest another $600 million in Israel to expand its R&D and confirmed it was spending $10 billion on a new chip plant.
Reuters
The global semiconductor shortage roiling a wide range of industries likely won't be resolved for a few more years, according to Intel's new CEO Pat Gelsinger.
Bloomberg
LG Electronics' net profit rose 7.6% in the first quarter, driven by solid demand for televisions and home appliances. Market analysts largely view the company's pullout from its smartphone business as improving its business and financial health in the long run despite a near-term revenue setback.
MarketWatch
The global shortage of semiconductors that's plaguing automakers, data center owners and electronics manufacturers has turned into a "fight" that risks dragging on until 2023, according to the chief executive of Nokia.
Bloomberg
Export controls against China will not only fail to halt its technological progress but also hurt the US economy, ASML CEO Peter Wennink said, after trade tensions between Washington and Beijing led to restrictions on the sale of the Dutch company's advanced chip equipment to Chinese firms.
Bloomberg
Samsung Electronics beat analyst estimates for profit in the first quarter, but warned of continued fallout from semiconductor shortages as the global economy recovers from the Covid-19 pandemic.
Reuters
Intel wants EUR8 billion (US$9.7 billion) in public subsidies towards building a semiconductor factory in Europe, its CEO was quoted as saying on Friday, as the region seeks to reduce its reliance on imports amid a shortage of supplies.
Reuters
The UK's Department for Transport has said automated lane-keeping systems (ALKS) would be the first type of hands-free driving to be legalized.
BBC News
Shipments of the new chipset - tentatively known as the M2, after Apple's current M1 processor - could begin as early as July for use in MacBooks that are scheduled to go on sale in the second half of this year.
Nikkei Electronics Asia
The EU's industry commissioner Thierry Breton is to meet with Intel chief executive Pat Gelsinger and a top TSMC executive this week as the bloc seeks added sway in the semiconductor supply chain.
Silicon.com
SEC could take a hard look at bitcoin transactions when Tesla files its quarterly statements, after a $101 million profit from sale of digital asset.
MarketWatch
Apple is increasing its US investments by 20% over the next five years, allocating US$430 billion to develop next-generation silicon and spur 5G wireless innovation across nine US states, after outstripping its growth expectations during the pandemic.
Bloomberg
Mitsubishi Motors will slash output by 16,000 units worldwide in May, the Japanese automaker said Friday, after a factory fire at key supplier Renesas Electronics squeezed the already tight global supply of automotive semiconductors.
Nikkei Electronics Asia
The boss of networking giant Cisco has said the shortage of computer chips is set to last for most of this year.
BBC News
Toshiba's second-biggest shareholder called on the Japanese conglomerate to undergo a strategic review and explicitly solicit suitors, saying potential acquirers were deterred by the company's comments on wanting to remain listed.
Reuters
Samsung Electronics might be shopping for an acquisition.
Barron's
The popularity of cryptocurrencies such as Bitcoin has resulted in shortages of graphics cards as miners buy them in bulk. Now a new cryptocurrency is set to create another component shortage, only this time it's hard drives and SSDs that will be hard to find.
PC Magazine
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