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Caught between a Sino-US trade war, political concerns over Chinese telecoms firm Huawei and slowing consumer demand, chipmakers in Singapore have started slowing production and laying off hundreds of jobs.
The Star Online
Tech conglomerate SoftBank Group Corp (9984.T) will invest $40 billion in its forthcoming second Vision Fund, the Wall Street Journal reported on Wednesday.
Reuters
This might be the perfect pairing
CNET
Huawei will invest 3 billion yuan (about 436 million U.S. dollars) in the next 5 years to develop an ecosystem for its ARM-based server chips and complementary products, China Daily reported Wednesday.
Xinhuanet
The global economy is expected to expand by 3.2% in 2019, the IMF says
CNBC
Nissan Motor plans to expand job cuts to over 10,000 to help turn around its business, a person with direct knowledge of the matter said on Wednesday, showing the tough road ahead for an automaker grappling with management upheaval.
Reuters (via Yahoo! News)
Alibaba said Tuesday it is opening up the Alibaba.com platform, allowing American companies to sell their products to small- and mid-sized business buyers around the world.
CNN
In a shot across the bow of online titans like Facebook, Google and Amazon, the Justice Department announced Tuesday it has opened a wide-ranging antitrust investigation of big technology companies and whether their online platforms have hurt competition, suppressed innovation or otherwise harmed consumers.
Fox News
Chief executives from several US tech companies met with President Donald Trump on Monday and expressed "strong support" for policies restricting the use of products from Chinese telecom giant Huawei.
AFP (via Yahoo News)
New Intel CEO Robert Swan talked about why 10nm was late and how Intel is evolving.
PC Magazine
OpenAI, a company working on AI for the public good, is committing to build with Microsoft new Azure AI supercomputing technologies, and getting a $1 billion infusion from Microsoft as part of the arrangement.
ZDNet
Huawei has cut more than 600 jobs at its US research unit Futurewei. The telecoms giant said the job cuts were due to "the curtailment of business operations caused by the US."
BBC News
China's STAR Market kicked off its second day of trading on Tuesday with sharp falls in most listed shares a day after they posted average gains of 140%, underscoring the volatility of the country's new Nasdaq-style board.
Reuters
According to figures from the data research firm Rhodium Group, investment from China hit an all-time high of $46.5 billion in 2016. The following year that amount dropped to $29.7 billion before plummeting to a nine-year low of $5.4 billion in 2018. During that two-year period, investment declined 88 percent.
The Hill
The tech giants could reportedly announce a $1 billion deal next week
CNET
Documents leaked to The Washington Post revealed that Huawei secretly worked with the North Korean government on its wireless network.
CNBC
Japan's Toshiba Memory said there was a "good chance" for acquisitions as it pushes to increase its share of the market for advanced storage products used in data centres.
Reuters
Samsung has denied that it's making additional investments to increase chip production in the US. Local media reports had suggested that the company was considering this since South Korea's trade row with Japan is threatening its business.
SamMobile
Qualcomm has announced that the European Commission's Directorate General for Competition, after a 10-year investigation, issued a finding that Qualcomm engaged in predatory pricing practices for some sales of three cellular baseband chipsets to two customers during a few calendar quarters between 2009 and 2011, and fined Qualcomm EUR242 million. Qualcomm plans to appeal the finding to the General Court of the European Union.
Company release
Progress toward a US-China trade deal has stalled while the Trump administration determines how to address Beijing's demands that it ease restrictions on Huawei Technologies, people familiar with the talks said.
Wall Street Journal
Samsung Display is in talks with SKC over the supply of colorless polyimide (CPI) used for foldable smartphones. This represents the first time that Korean corporations collaborate to substitute local products for items that are under the Japanese government's export control.
BusinessKorea
Western Digital continues to assess the impact of this event and expects the incident to result in a reduction of WD's flash wafer availability of approximately 6 exabytes, the majority of which is expected to be contained in the first quarter of fiscal year 2020, namely the period from July 2019 until September.
Apple Insider
Apple is about to start trial production of its popular AirPods wireless earphones in Vietnam as the company accelerates plans to diversify manufacturing of its consumer electronics lineup beyond China, Nikkei Asian Review has learned.
Nikkei Asian Review
Arm has announced it is expanding the ways existing and new partners can access and license its technology for semiconductor design. Arm Flexible Access is a new engagement model enabling SoC design teams to initiate projects before they license IP and pay only for what they use at production. Through Arm Flexible Access, businesses will enable their design teams with more freedom to experiment, evaluate and innovate.
Company release
The rollout of 5G telecom networks helped semiconductor equipment maker ASML (ASML.AS) beat second-quarter forecasts on Wednesday despite weak demand in the memory chip market.
Reuters
Russia is offering to supply etching gas to South Korea, in a move that could help Seoul get around Japanese restrictions on exports to its neighbor of the key element for semiconductor production.
Nikkei Asian Review
While spot markets make up a small percentage of the memory chip market, Ike Cho, a Bernstein analyst, said the South Korean groups are pushing up prices as they negotiate contracts for the third quarter with their customers.
The Financial Times
Commercial devices based on Snapdragon 855 Plus are expected to be commercial 2H 2019.
Company release
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.
Reuters
China's Xiaomi has taken a stake of roughly 6% in compatriot chip designer VeriSilicon Holdings, as the smartphone maker revamps its years-long pursuit of success in semiconductors which it sees as central to driving innovation.
Reuters
China is expected to report on Monday that economic growth slowed to its weakest pace in at least 27 years in the second quarter, reinforcing the case for more stimulus as a bruising trade war with the United States drags on.
Reuters
Qualcomm is reportedly developing a new smartwatch SoC that'll either be called the "Snapdragon Wear 429" or "Snapdragon Wear 2700."
androidcentral
"Integration is the future," said Bill Bottoms, a veteran engineering educator and entrepreneur overseeing work on a new roadmap for chip stacks. Estimated costs to design a traditional 5nm chip could soar as high as $600 million, and "this can't continue," he said.
EE Times
The US may approve licenses for companies to re-start new sales to Huawei in as little as two weeks, according to a senior US official, in a sign President Donald Trump's recent effort to ease restrictions on the Chinese company could move forward quickly.
Reuters
The Qualcomm 215 mobile chip designed for entry-level smartphones features a 64-bit CPU and dual-ISPs, and will power commercial devices slated for launch in the second half of 2019.
Company release
The trio of techniques aim to give Intel's processors an edge at a time when advances in conventional silicon scaling are slowing and getting more expensive. They arrive as rival TSMC expands its portfolio of chip stacks, and two consortia hope to set standards in the area.
EE Times
Cisco aims to increase both its revenues and profit margins in an optical networking market shifting to components with its $2.6 billion bid for Acacia Communications. The deal would put the Ethernet giant in the long-distance market for the first time and help it retain business from web giants who are increasingly buying optical modules directly from component makers.
EE Times
Intel Corporation today announced the appointment of Claire Dixon as corporate vice president and chief communications officer (CCO), effective July 1. Dixon will oversee Intel's global communications organization, including corporate communications and events, product public relations, employee communications and analyst relations.
Company release
The Financial Times
South Korean president Moon Jae-in urged Japan to withdraw new restrictions on exports in his first public remarks on a dispute that erupted last week and has intensified animosity between the two countries.
Bloomberg
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