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LG Electronics is leaving the smartphone market and plans to complete its exit by July 31. The deals are only going to intensify as that date approaches.
ZDNet
Xiaomi plans to invest about $10 billion over the next decade to manufacture electric cars, embarking on its biggest-ever overhaul to enter China's booming EV market.
Bloomberg
Samsung Display is likely to receive compensation from Apple over a shortfall in OLED panel orders, industry insiders said Tuesday.
Korea Herald
Apple is considering launching an Apple Watch with a rugged casing aimed at athletes, hikers and others who use the device in more extreme environments, according to people familiar with the matter.
Bloomberg
China's Xiaomi plans to make electric vehicles (EV) using Great Wall Motor's factory, said three people with direct knowledge of the matter, making it the latest tech firm to join the smart mobility race.
Reuters
Investments into next-generation wireless networks will span a much longer time than the 4G cycle, giving underdog Nokia time to catch up with rivals that zoomed past it for early rollouts, according to its chief executive.
Bloomberg
Huawei will begin charging smartphone makers a royalty to use its patented 5G technology.
CNBC
Baidu has raised US$3.1 billion in its Hong Kong secondary listing, according to a filing by the Chinese internet search giant.
Reuters
Qualcomm is struggling to keep up with demand for its processor chips used in smartphones and gadgets, as a chip shortage that first hit the auto industry spreads across the electronics business, industry sources told Reuters.
Reuters
Finnish telecoms group Nokia said on Tuesday it planned to cut up to 10,000 jobs within the next two years to trim costs and invest more in research capabilities, as part of its restructuring plan.
Reuters
MIPS Technologies no longer designs MIPS processors. Instead, it's joined the RISC-V camp, abandoning its eponymous architecture for one that has strong historical and technical ties. The move apparently heralds the end of the road for MIPS as a CPU family, and a further (slight) diminution in the variety of processors available. It's the final arc of an architecture.
Electronic Engineering Journal
Apple's custom-designed 5G cellular modem will likely debut in all 2023 iPhone models, according to Barclays analysts Blayne Curtis and Thomas O'Malley. In a supplier-focused research note shared with MacRumors, the analysts said chipmakers Qorvo and Broadcom should be among the companies that benefit from the shift to Apple's in-house solution.
Mac Rumors
Apple said it's planning to build a new semiconductor design center in Munich as part of a 1 billion-euro ($1.2 billion) investment push to develop custom chips for 5G mobile and other wireless technologies in Germany.
Bloomberg
Apple is slashing its planned production of the iPhone 12 mini for the first half of this year as part of a broader adjustment to output plans it formulated late last year, Nikkei Asia has learned.
Nikkei Electronics Asia
This rumored chipset, however, might also have other implications beyond cheaper phones. One comment theorized that Huawei might be able to buy this Snapdragon 888, provided it gets an exception.
SlashGear
Apple will manufacture Made-In-India iPhone 12 soon, its latest model launched in India on October 30 last year, a few weeks after the global release. iPhone 12, according to sources in the know, will be manufactured at the Hon Hai Precision Industry (Foxconn) facility in Tamil Nadu - both for the domestic as well as well as the export market.
Business Standard
Luokung Technology, a provider of map software and cloud services, faces removal from the Nasdaq Stock Market from March 15 while another four companies, including phone maker Xiaomi, which trade over the counter in New York have also been blacklisted.
Nikkei Electronics Asia
China's leaders are finalizing their political and economic agenda for the rest of 2021 and beyond. How the country achieves technological independence and tackles the climate crisis will be near the top.
BBC News
President Joe Biden's nominee for Commerce secretary, Gina Raimondo, said she knows of "no reason" why Huawei Technologies and other Chinese companies shouldn't remain on a restricted trade list.
Bloomberg
The video conferencing company expects sales to rise more than 40% this year, reaching more than $3.7bn.
BBC News
China's Huawei plans to make electric vehicles under its own brand and could launch some models this year, four sources said, as the world's largest telecommunications equipment maker, battered by U.S. sanctions, explores a strategic shift.
Reuters
Siemens and ASE are developing a single platform from 2.5D and 3D packaging to fan-out wafer-level packaging (FOWLP) technologies.
eeNews Europe
The US president signed an executive order on Wednesday requiring federal agencies to conduct 100-day reviews of supply chains for semiconductors, pharmaceuticals, electric vehicle batteries and critical minerals used in manufacturing products such as cars and weapons.
Finacial Times
Australia has passed a world-first law aimed at making Google and Facebook pay for news content on their platforms.
BBC News
US President Joe Biden is set to sign an executive order as early as this month to accelerate efforts to build supply chains for chips and other strategically significant products that are less reliant on China, in partnership with the likes of Taiwan, Japan and South Korea.
Nikkei Electronics Asia
Jack Ma's Ant Group quickly became one of China's most powerful companies, and its plans for bridging the worlds of tech and finance were growing ever more ambitious by the day. Now it appears to be turning into the kind of highly regulated Chinese bank that it hoped to supplant.
CNN
Huawei Technologies took the wraps off a high-end foldable smartphone to try and stake out a place in the fast-expanding category, revealing that revenue and profit barely grew in 2020 at the height of Trump-era sanctions.
Bloomberg
A new Apple patent published today by the US Patent and Trademark Office describes an iPhone display that, with high refresh mode enabled, may be capable of updating content at two times, three times, or even four times the native refresh rate. For example, an iPhone with a 60Hz display would be able to increase its variable refresh rate to 120Hz, 180Hz, or 240Hz automatically.
Mac Rumors
LG Innotek plans to invest KRW547.8 billion (US$496 million) to increase production of camera modules used in iPhones.
Nikkei Electronics Asia
In response to struggling smartphone sales, Huawei is looking at other sources of revenue for its technology.
BBC News
Apple launched its first iPhones with 5G wireless speeds a few months ago. Now it's looking to start work on sixth-generation cellular connectivity, or 6G, indicating it wants to be a leader in the technology rather than relying on other companies.
Bloomberg
Facebook has blocked Australian users from sharing or viewing news content on the platform, causing much alarm over public access to key information. Facebook's move is in response to a proposed law in Australia which would make tech giants pay for news content.
BBC News
Qualcomm has decided to outsource production of its next-generation modem chip Snapdragon X65 and its sub-model X62 to the foundry department of Samsung Electronics, according to industry sources.
BusinessKorea
Dan Riccio would help overcome development hurdles.
engadget
From bad to worse
Tom's Hardware Guide
China announced new anti-monopoly rules over the weekend - but that's not likely to have much impact on the market for now, argues Bank of Communications International's Hao Hong.
CNBC
Vietnam has awarded a licence to South Korea's LG Display to raise its investment in the country's northern port city of Haiphong by $750 million to $3.25 billion, local media reported on Monday.
Reuters
A new approach to news announcements from Microsoft
The Verge
Chrome 89 is bringing more hardware interactions to the web and blurring the lines between the operating system and browser.
ZDNet
Japanese consumer electronics maker Panasonic on Tuesday posted third-quarter operating profit of 130.2 billion yen ($1.24 billion), according to Reuters calculations, beating analysts forecasts as sales rebounded more than expected.
Reuters
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