Around the web
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Semiconductor Manufacturing International (SMIC), China's top state-backed contract chipmaker, has placed an order for one set of extreme-ultraviolet lithography equipment, according to people familiar with the matter.
Nikkei Electronics Asia
Samsung Electronics is in talks with several smartphone makers including China's ZTE to supply mobile processor chips, a senior executive said, a move that will bring it in more direct competition with larger rival Qualcomm.
Reuters
This follows news that the social network created a blockchain division.
engadget
Tim Cook and his MacBook team are facing a class-action lawsuit over the keyboard of the latest MacBook and MacBook Pro machines. The "butterfly" keyboards offer a much lower profile (allowing for a thinner bottom case on the MacOS-powered laptops), with a lighter feel to the keyboard at the expense of less travel in the keyboard action.
Forbes
Tesla board members are facing shareholder scrutiny as the electric vehicle and clean energy company struggles to contain costs and ramp up production of its Model 3 sedans.
CNBC
The iconic US printer and copier company announced the move in a statement late Sunday, saying it had reached a new agreement with activist investors Carl Icahn and Darwin Deason, who had bitterly opposed the Fujifilm deal. The Japanese company said it disputes Xerox's "unilateral decision" and doesn't think the US company has the legal right to ax the deal.
CNNMoney
US President Donald Trump has said he wants to help save ZTE, one of China's biggest telecoms companies.
BBC News
The National Transportation Safety Board said Wednesday it is sending a team to Fort Lauderdale, Florida to investigate a fatal crash involving a 2014 Tesla Model S. Two teenagers were killed and a third was injured when the vehicle crashed on State Route A1A.
CNBC
The California Energy Commission (CEC) passed a first-in-the nation rule Wednesday, mandating all new homes constructed in the state be equipped with solar panels.
The San Diego Union-Tribune
Qualcomm is preparing to give up its push to develop processors for data-center servers, an effort that sought to break Intel's hold on the lucrative market, according to a person familiar with the company's plans.
Bloomberg
In a move that could further heighten tensions with the US, China is poised to announce a new fund of about CNY300 billion (US$47.4 billion) to spur development of its semiconductor industry as it seeks to close the technology gap with the US and other rivals, according to people familiar with the matter.
Wall Street Journal
China's antitrust regulator has approved Qualcomm's joint venture with a unit of China's state-owned Datang Telecom Technologyto design smartphone chipsets, people familiar with the matter said, a win for the US chip maker amid escalating US-China trade friction.
Wall Street Journal
British chipmaker Arm Holdings, a SoftBank Group subsidiary, will cede control of its Chinese operations to a new joint venture involving itself and Chinese partners, people with familiar with the matter said.
Nikkei Asian Review
The boss of Xerox and six board members will step down after the firm reached a deal with major shareholders who opposed a takeover by Japan's Fujifilm. Investors Carl Icahn and Darwin Deason, who together own 15% of Xerox, argued that the US$6.1m merger undervalued the company.
BBC News
The Department of Defense is concerned that the phones pose a security threat to "personnel, information and mission."
CNET
It's a time of optimism and transition at Nintendo, where brisk sales of the Switch have bolstered its bottom line and new leadership signals a fresh approach to the market. Shuntaro Furukawa, the new president, told the Nikkei that one of his plans is to pursue mobile gaming with more vigor, aiming to build it into a billion-dollar business.
TechCrunch
Chinese smartphone maker Xiaomi has filed to list on Hong Kong stock market, in a move that is expected to raise up to US$10 billion. The stock market flotation will be the world's biggest debut in 2018, and the largest since fellow China tech giant Alibaba's raised US$25 billion in 2014.
BBC News
Taiwan Semiconductor Manufacturing Company (TSMC) is planning a NT$400 billion (US$13.50 billion) investment to expand its research and development capacity for future technologies, a company spokeswoman said on Friday.
Reuters
Toshiba is quickly paying down its debt, diminishing the influence of lenders who want a quick sale of its memory unit to a group led by US buyout firm Bain Capital and fueling speculation that the company may consider a different route on the sale.
Nikkei Asian Review
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.
Apple Insider
Intel announced the appointment of yet another big-name chip architect and provided more evidence that its multi-year quest to diversify beyond the PC is finally paying dividends. But the company also pushed volume production of 10-nm chips from late this year to next year, saying that progress in improving yields is slower than expected.
EE Times
Sprint and T-Mobile announced on Sunday that they had reached a deal to merge, moving to create a new telecommunications giant - and betting that regulators will finally allow the American wireless market to shrink to just three national players.
The New York Times
Microsoft exceeded analysts' projections for fiscal third-quarter sales and profit, lifted by strong corporate demand for cloud-computing services as the software maker added new features. Profit in the period ended March 31 rose to US$7.42 billion.
Bloomberg
Samsung Electronics said weakness in the global smartphone market would slow earnings growth, as it reported record quarterly profit on Thursday thanks to strong demand for semiconductors used in servers.
Reuters
Amazon said Thursday it made US$1.6 billion in profit during the first three months of 2018, more than double the same period a year earlier, even as it invests in costly fulfillment centers and original programming.
CNN
Apple is expecting Intel to supply 70% of the modem chips inside the new iPhone models, which will debut this fall, and-if all goes well-plans to rely on the company for 100% of the modems in next year's iPhones, a source with knowledge of Apple's plans says.
Fast Company
China's state-backed semiconductor fund is near to closing a CNY120 billion ($18.98 billion) investment round for a second fund to support the domestic chip sector and help cut reliance on imports amid a bruising trade standoff with the United States.
Reuters
Sharp earned a net profit of JPY70.2 billion (US$642 million) for the year ended last month, it said Thursday, as robust profits from LCDs helped break a three-year run of losses despite weak orders related to Apple's iPhone X. The Osaka-based electronics maker booked a net loss of JPY24.8 billion a year earlier.
Nikkei Asian Review
Kim Jong-un has become the first North Korean leader to set foot in South Korea by crossing the military line that has divided the peninsula since the end of the Korean War in 1953. In a moment rich with symbolism and pomp, South Korean leader Moon Jae-in and Mr Kim shook hands at the border.
BBC News
Qualcomm accumulated a $125m legal bill in the three months to March and the chipmaker warned its costs would rise further in the coming months, as it prepares for a number of courtroom battles against Apple and US regulators.
The Financial Times
Apple could make a major change to the way it names successive iPhone generations this year, Guggenheim analyst Robert Cihra suggests, tipping Apple to take the opportunity to simplify what the iPhones are called when the new models launch this fall.
Apple Insider
The US Justice Department has joined two other agencies probing Huawei Technologies Co for possible violations of sanctions banning sales to Iran, according to two people familiar with the matter.
Bloomberg
The US government's move last week to bar ZTE from buying American technology looks set to not only cripple the Chinese smartphone maker, but reverberate through the global telecommunications supply chain as well.
Nikkei Asian Review
Shares of Apple dropped nearly 2% on Tuesday as investors worries intensified about soft demand for iPhones after a warning from a company that supplies components for smartphones.
Reuters
Chipmaker AMS reported first-quarter sales toward the lower end of its guidance range on Monday and warned of a downturn owing to weaker orders from one of its main customers.
Reuters
Dialog Semiconductor expects Apple, its top customer, to use its chips for a significant proportion of its devices in 2019 and 2020, Chief Executive Jalal Bagherli told a German newspaper.
Reuters
Qualcomm Inc reapplied for approval from China's Ministry of Commerce for its acquisition of NXP Semiconductors NV, which demanded a July deadline for closing the deal as regulators required additional concessions to give it approval.
Bloomberg
Nvidia may not be talking about its GeForce Partner Program, but AMD has gone from silent to proactive in less than 24 hours. Hours ago Scott Herkelman, Corporate VP and General Manager of AMD Radeon Gaming, addressed AMD resellers via Twitter, not only acknowledging the anti-competitive tactics Nvidia has leveraged against them, but inviting others to share their stories.
Forbes
Flipkart announces strategic partnership with Asus, will launch Zenfone Max Pro on April 23 Flipkart will now be the primary sales channel for Asus smartphones and under the three-year partnership, the company will announce the Asus Zenfone Max Pro.
Digit
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