Around the web
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Swedish mobile telecom gear maker Ericsson is being investigated by US authorities over possible corruption related to its business in China, Swedish daily Svenska Dagbladet (SvD) reported late on Thursday, citing unnamed sources.
Reuters
The acquisition makes up for the South Korean tech giant's lack in software, especially cloud, that has made it dependent on other vendors.
ZDNet
Bloomberg
Many Chinese-made counterfeit products are now of "better quality" than the genuine article, the founder of ecommerce giant Alibaba has said.
BBC News
The announcement comes after Korean news media reported that Samsung is planning to invest around KRW25 trillion (US$21.2 billion)- some claimed KRW2.5 trillion - to beef up its production lines for 3D NAND flash memory in Hwaseong, Gyeonggi Province.
Korea Herald
In a banner year for deal activity by Chinese buyers, NXP Semiconductors has struck another asset-sale pact with Jianguang Asset Management.
Marketwatch.com (Dow Jones)
Company release
Apple's next iPhone will use modems from Intel, replacing Qualcomm chips in some versions of the new handset, a move by the world's most-valuable public company to diversify its supplier base.
Bloomberg
Microsoft said it will buy LinkedIn in a deal valued at $26.2 billion, giving the world's biggest software provider access to a virtual Rolodex of connected business professionals.
Bloomberg
Siemens has no interest in becoming a white knight for German robot maker Kuka, which is the target of a 4.5 billion euro ($5.06 billion) takeover bid by Chinese home appliance maker Midea, Siemens' chief executive said.
Reuters
Foreign investors are selling Japanese stocks at the fastest pace in years, as high hopes for "Abenomics" turn to disenchantment.
Wall Street Journal
Nokia isn't going away, and it surely once again deserves the tech world's respect and attention.
BBC News
Agic Capital, the Chinese-European private equity fund launched last year, has bought a European industrial robotics business - in the latest example of the country's push to gain access to western automation technology.
The Financial Times
Analysts are responding positively to the delay.
Barron's
Samsung agreed with Dutch-based ASML to deploy extreme ultraviolet (EUV) equipment for mass production in their 7 nanometer processes.
The Korea Times
Fabless chip vendor and technology licensor Rambus said Monday (June 6) it would acquire Semtech's Snowbush serial interface intellectual property business for US$32.5 million in cash, plus additional payments over the next several years.
EE Times
Yahoo has kicked off an auction for a portfolio of about 3,000 patents expected to fetch more than US$1 billion, according to people familiar with the matter.
Wall Street Journal
As of 0135 GMT, the main TAIEX index gained as much as 0.9% to 8,753.46 points, its highest level since March 31.
Reuters
After six months and US$5.6 billion, the appliance division of General Electric officially belongs to Chinese manufacturer Haier, the companies said at a press conference Monday.
CNET
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