Around the web
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Chinese companies are still seeking US public listings despite a rush of delistings in the past year or so, said Nasdaq CEO Robert Greifeld on Friday.
Wall Street Journal
2 Jun 2016
Google is seeking to raise between $218 million and $221 million by selling shares in Chinese personal computer maker Lenovo, according to a deal term sheet seen by IFR on Wednesday.
Reuters
Andorid Authority
The deal marks the company's biggest cash influx from a single investor.
CNNMoney
TechCrunch
A clone of the Facebook social media site has briefly appeared in North Korea before quickly going offline.
BBC News
Apple plans to issue bonds in Taiwan for the first time with the aim of raising $1 billion, sources familiar with the matter said, joining a queue of big global names that have sold billions of dollars on the island's busy debt market.
Reuters
Jawbone was recently reported to be leaving the wearables market following rumors which stemmed from a report detailing that the company was selling off remaining stock of their UP 2, UP 3, and UP 4 fitness trackers to a third-party.
AndroidHeadlines
Apple will likely take three years between full-model changes of its iPhone devices, a year longer than the current cycle. In a typical two-year term, fall 2016 was supposed to see a major upgrade. But the changes on the model to be launched this autumn will be minor, such as improved camera quality.
Nikkei Electronics Asia
A patent-licensing firm is seeking to force Apple to suspend its Facetime and iMessage services claiming it has suffered "irreparable harm" as a result of the tech giant's actions.
BBC News
The iPhone 7 might introduce a new starting point for built-in storage while also improving RAM.
Information Week
Okmetic Oyj (Vantaa, Finland), a supplier of engineered wafers for MEMS and analog applications and the eighth largest wafer supplier in the world, has recommended acceptance of an offer from National Silicon Industry Group (NSIG) of Shanghai, China.
EE Times
Xiaomi has agreed to purchase around 1,500 patents from Microsoft in an example of the rising costs facing the Chinese smartphone startup as it expands outside China.
ZDNet
Although Skyworks posted revenue growth, it missed the estimates. This indicated that the slowdown in iPhone sales hit the company's earnings more than what was expected. This saw the company's stock fall by 6.9% after the announcement of the earnings.
Market Realist
In a surprise announcement, Swedish mining firm KnC Miner said today that it is filing for bankruptcy, citing Bitcoin block reward halving and competition from Chinese hardware companies.
Bitcoin.com
New York Times
Globalfoundries has announced a next-generation radio-frequency (RF) silicon solution for its Silicon Germanium (SiGe) high-performance technology portfolio. The technology is optimized for customers who need improved performance solutions for automotive radar, satellite communications, 5G millimeter-wave base stations and other wireless and wireline communication network applications.
Company release
Apple watchers can add "OLED display" to the list of features we're expecting in the iPhone 7, as hinted by the CEO of Applied Materials.
Information Week
Sluggish sales of Apple's iPhones are starting to hit Sony's bottom line, with the electronics company warning Tuesday that it expects the business that makes components for smartphones to post a wider operating loss.
Wall Street Journal
Cowen & Co.'s semi analyst Timothy Arcuri reiterates an Outperform rating on shares of Qualcomm, apparently a likely potential bidder. Writes Arcuri, "While not specifically mentioned, QCOM is often cited as a potential buyer."
Barron's
Taiwan's tech suppliers will get significantly fewer orders from Apple in the second half of 2016 compared with a year ago, no thanks to an ongoing slump in demand for premium smartphones and a lack of groundbreaking features for the upcoming iPhone 7, sources familiar with the matter told the Nikkei Asian Review.
Nikkei Electronics Asia
Synopsys has completed the acquisition of Gold Standard Simulations, a leading provider of TCAD and EDA simulation solutions for design technology co-optimization (DTCO) of advanced process nodes.
Company release
The study finds that the companies with the greatest number of IoT patents globally are the chip-makers Qualcomm and Intel, followed by Chinese network-gear maker ZTE.
Quartz
Japan's Toshiba plans to more than halve its capital base, a move that may enable it to resume paying dividends quicker and get a fresh capital injection as it aims to recover from a $1.3 billion accounting scandal last year.
Reuters
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