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Chengdu has become the latest Chinese city to be locked down as Beijing continues to pursue its controversial "zero-Covid" policy.
BBC News
Broadcom forecast fourth-quarter revenue above estimates on Thursday as the semiconductor company expects resilient demand from businesses going digital to help it weather a likely chip industry slowdown.
Reuters
At Hot Chips 34, a new player entered the high-performance GPU market.
All About Circuits
China has placed millions of its citizens under renewed lockdown after fresh outbreaks of Covid-19 as the government persists in its hardline policy on containing the virus in the face of more evidence that it is suffocating the economy.
Guardian
Citi analyst says that the continuing strength of the auto and industrial sectors will wane just like consumer electronics has, predicts 'every company/end market will correct' for chips.
MarketWatch
HP reported quarterly sales that missed estimates and reduced its annual profit forecast on falling demand for personal computers and printers, especially among consumers. The shares fell in extended trading.
Bloomberg
Trademark filings suggest that Apple may be staking claim to potential names for its highly anticipated mixed-reality headset, part of the tech giant's push into its first new product category in years.
Bloomberg
EU antitrust regulators will not appeal a court ruling scrapping its EUR997 million (US$991 million) fine against Qualcomm, people familiar with the matter said, in a major win for the US chipmaker that ends a long-running saga.
Reuters
Beijing has announced tens of billions of dollars in stimulus measures in a bid to shore up confidence as China's economy is battered by a snowballing property sector downturn and President Xi Jinping's stifling zero-Covid policies.
The Financial Times
One particular region is out of Sony's price-hike crosshairs for now: the United States.
Ars Technica
Chinese smartphone maker Oppo and its sub-brand OnePlus have halted sales of smartphones in Germany after losing a patent lawsuit with Nokia.
The Verge
Apple on Wednesday sent media invitations to an event on Sept. 7 in which analysts expect the company to reveal new iPhones, a week earlier than it traditionally holds its fall event.
Reuters
Infineon Technologies and II-VI have signed a multi-year supply agreement for silicon carbide (SiC) wafers.
Company release
China's central bank has cut its mortgage rate as officials work to support the crisis-hit property market. The People's Bank of China lowered the five-year loan prime rate (LPR) by 1.5pp, which matches its biggest cut on record.
BBC News
Apple supplier Foxconn has signed a $300 million memorandum of understanding with Vietnamese developer Kinh Bac City to expand its facility in the north of the country to diversify and boost production, state media said on Saturday.
Reuters
South Korea's early exports barely rose in August as geopolitical risks and central bank tightening weigh on the world economy.
Bloomberg
China's Sichuan province has ordered all factories to shut down for six days to ease a power shortage in the region as a scorching heat wave sweeps across the country.
CNN
Remember about two years ago, when absolutely everyone wanted to either upgrade their existing PC or buy a new one? Yeah, that doesn't appear to be the case anymore, according to the latest market report from Mercury Research. The report states that x86 chip shipments have dropped by the largest percentage year-over-year since the report began way back in 1994. Analyst Dean McCarron says it's probably the largest decline since the precipitous downturn of 1984.
PC World
China's CATL will build a ??.3bn battery plant in Hungary, increasing its foothold in Europe and cementing its status as the world's largest car battery manufacturer.
The Financial Times
SK Hynix aims to select a US site for its advanced chip packaging plant and break ground there around the first quarter of next year, two people familiar with the matter said, helping the United States to compete as China pours money into the burgeoning sector.
Reuters
Nvidia on Monday warned its second-quarter revenue would drop by 19% from the prior quarter on weakness in its gaming business, sending the chip designer's shares down about 5% in early trading.
Reuters
Shipments to iPhone assembler Pegatron's factory in China were being held for scrutiny by Chinese customs officials a day after the company's senior executive met with US House speaker Nancy Pelosi in Taipei.
Nikkei Asia
Samsung Electronics has scaled back production at its massive smartphone plant in Vietnam, employees say, as retailers and warehouses grapple with rising inventory amid a global fall in consumer spending.
Reuters
Keith Krach, former Under Secretary of State for Economic Growth, Energy, and the Environment in the Trump administration, speaks on the significance of the CHIPS Act, which has since been passed by the House in a 243-187 vote.
EE Times
The Biden administration has been weighing a potential ban for months, but has elected to order the Commerce Department to issue a new rule that will effectively block the export of chip design software that's required to make chips with an emerging technology called gate all around, according to a person familiar with the administration's plans.
Protocol
Apple reported an almost 11% decline in profit after weathering supply constraints and shutdowns in China, although iPhone sales continued to grow, remaining resilient despite economic challenges.
Wall Street Journal
China has signalled that it may miss its annual economic growth target, as Covid restrictions weigh on the world's second largest economy.
BBC News
China has begun a series of investigations into key figures responsible for shaping chip policy and investment, raising questions about the impact on Beijing's blueprint for challenging US dominance of a US$550 billion industry.
Bloomberg
The US economy has shrunk for the second quarter in a row, a milestone that in many countries would be considered an economic recession.
BBC News
STMicroelectronics expects its factories to run at full steam well into 2023 as the chipmaker's backlog is filled by the car and smartphone industries, prompting it to raise its 2022 outlook and build new production lines.
Reuters
The European Central Bank (ECB) has raised interest rates for the first time in more than 11 years as it tries to control soaring eurozone inflation.
BBC News
Hyundai Motor, factory robot builder ABB and Swedish fridge maker Electrolux see the semi-conductor chip shortage easing, executives said Thursday, in a boost for manufacturers after a long struggle for components.
Reuters
SoftBank has put on hold plans for a London initial public offering of Arm because of the political turmoil in the UK government, throwing doubt on Britain's place as the future home of the Cambridge-based tech giant.
The Financial Times
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.
Nikkei Electronics Asia
China's economy contracted sharply in the second quarter of this year as widespread coronavirus lockdowns hit businesses and consumers, with its GDP falling by 2.6% sequentially.
BBC News
Intel today announced that its board of directors has declared a quarterly dividend of $0.365 per share ($1.46 per share on an annual basis) on the company's common stock. The dividend will be payable on Sept. 1, 2022, to stockholders of record on Aug. 7, 2022.
Company release
Bosch will invest EUR3 billion (US$3.01 billion) in chip production by 2026, including on opening two new development centres and expanding a wafer factory in Dresden, the company said on Wednesday.
NASDAQ.com
A supply chain crisis triggered by the global pandemic deprived makers of PCs and smartphones to cars of computer chips needed to make their products. All that suddenly changed over three weeks from late May to June, as high inflation, China's latest COVID lockdown, and the war in Ukraine dampened consumer spending, especially on PCs and smartphones.
Reuters
Instead of using an Exynos SoC for the upcoming Galaxy S23 series, perhaps Samsung should fully embrace Qualcomm.
SamMobile
The US is pushing the Netherlands to ban ASML Holding from selling to China mainstream technology essential in making a large chunk of the world's chips, expanding its campaign to curb the country's rise, according to people familiar with the matter.
Bloomberg
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