Samsung Electronics Display is ceasing the operations of its TV manufacturing plant in Seremban due to challenging business environment and changing market conditions.

SK Hynix plans to invest up to KRW15.5 trillion (US$12.5 billion) to build a new memory chip plant next to its Cheongju facility in North Chungcheong Province.

The news follows Cisco's Tuesday announcement of the acquisition of Cliqr Technologies for about $260 million to enhance offerings in cloud computing management software and services. Leaba's website doesn't elaborate on what its technology provides, but Ynet said it allowed for more efficient and intelligent routing of Internet traffic.

Computing giant International Business Machines (IBM) plans to sell up to $150 million worth of shares in China's Lenovo, IFR reported on Wednesday, citing a term sheet of the deal sent to investors.

Qualcomm has agreed to pay $7.5 million to settle charges it violated US anti-bribery laws by hiring relatives of Chinese officials to obtain business, the US Securities and Exchange Commission said on Tuesday.

China's central bank is increasingly finding itself in a bind, balancing its need to continue easing credit to support economic growth against its stated goal of keeping the Chinese currency stable.

Panasonic will cut 50 jobs in April at a factory that makes solar ingots in Oregon amid slowing demand for photovoltaic panels in Japan.

Now though a new rumor out of South Korea claims that Apple's big spring event has been pushed back - though just by exactly one week. Hence, it's apparently going to take place on March 22.

Speaking on stage in Barcelona at Mobile World Congress, the Facebook CEO said he doesn't think requiring back doors would be "the right thing to do" nor would it be an effective way to get data from the iPhone of deceased San Bernardino shooter, Syed Farook.

Beijing has overtaken New York as the city with the highest number of billionaires for the first time, a new report by China-based firm Hurun says.

The Justice Department, frustrated by its inability to unlock the iPhone of one of the attackers in the San Bernardino killings, demanded on Friday that a judge immediately order Apple to give it the technical tools to get inside the phone.

That has analysts weighing in on how the Rift might perform this year, and at least one expert thinks the device will catch on in a big way.

Facebook Chief Executive Mark Zuckerberg says a new computing platform comes around every 10 years. This year, he says, the next one arrives: virtual reality. Zuckerberg is trying to will that prediction into reality with Oculus VR, a Facebook subsidiary that in March begins shipping its $600 virtual-reality headsets, dubbed the Rift.

VR systems were a hot-ticket at this year's CES, and products like the Oculus Rift, Sony's PlayStation VR, Microsoft's HoloLens and HTC's Vive are all expected to ship this year.

Samsung Electronics and LG Electronics unveiled their latest smartphones at the Mobile World Congress industry show in Barcelona on Sunday, seeking to buck the slowdown in industry growth.

The emergence of the fifth-generation (5G) mobile network is currently the big challenge, and the deepest mystery, in the technology world.

NTT DOCOMO and MediaTek have announced a joint effort to drive 5G technology development.

Intel confirmed Thursday that longtime manufacturing chief Bill Holt is retiring, announcing he will leave in June amid an unprecedented transition in semiconductor technology.

Google's new holding company, Alphabet, has announced the latest piece in its corporate restructuring plans: Jigsaw. It's the jovial rebrand of Google Ideas, the web giant's controversial diplomatic arm, founded in 2010 and headed by ex-US State Department policy wonk Jared Cohen. Jigsaw's stated mission is to use technology to tackle geopolitics.

I don't expect Intel to roll out server chips built on the company's 10nm technology to roll out in 2017; Intel is expected to introduce its second-generation 14nm server chip family in early to mid-2017. However, if Intel can get the process ramped at high yields during the second half of 2017 with PC-targeted products, it should bode well for a launch of 10nm server processors in the first half of 2018.

The latest leak reveals that the new processor, dubbed Snapdragon 830, will support a massive 8GB of RAM and is expected to come with an enhanced Kryo custom architecture. It will also be built based on Samsung's 10nm process.

China's foreign exchange reserves are shrinking steadily as money flows out of the country, and Beijing moves to shore up its currency.

5G cellular is getting closer to becoming a reality as carriers such as AT&T, Verizon, and South Korea's KT prepare 5G tests.

Apple launched its Apple Pay mobile payments service in China on Thursday, opening the door to a vast market of smartphone users, as well as newfound competition in an established touchless systems segment leaders Tencent and Alibaba.

Japan's value of exports fell by 12.9% in January from a year earlier, supporting concerns that the slowdown in China - one of the country's most important trading partners - is continuing to hurt demand.

The semiconductor industry, which has used the observation made by Intel co-founder Gordon Moore as its target development in recent decades, is now set to abandon the approach.