Around the web
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Cisco aims to increase both its revenues and profit margins in an optical networking market shifting to components with its $2.6 billion bid for Acacia Communications. The deal would put the Ethernet giant in the long-distance market for the first time and help it retain business from web giants who are increasingly buying optical modules directly from component makers.
EE Times
HTC's share of the global smartphone market collapsed from 10.7% in 2011 to 0.05% in 2019. Current and former employees blame poor business decisions and a company culture that is impervious to criticism.
Wired
Intel Corporation today announced the appointment of Claire Dixon as corporate vice president and chief communications officer (CCO), effective July 1. Dixon will oversee Intel's global communications organization, including corporate communications and events, product public relations, employee communications and analyst relations.
Company release
The expected decline in profit is due to the lower than expected sales of its OLED TVs and the continued losses from its mobile business.
ZDNet
The Financial Times
South Korean president Moon Jae-in urged Japan to withdraw new restrictions on exports in his first public remarks on a dispute that erupted last week and has intensified animosity between the two countries.
Bloomberg
Nvidia executive vice president of operations Debora Shoquist said in a statement that "recent reports are incorrect - Nvidia's next-generation GPU will continue to be produced at TSMC. Nvidia already uses both TSMC and Samsung for manufacturing, and we plan to use both foundries for our next-generation GPU products."
Tom's Hardware Guide
By designing its own baseband chips, Apple could protect its margins and be less dependent on vendors such as Qualcomm.
Forbes
Japan's tightening of controls on the export of semiconductor materials to South Korea could hit Samsung's production hard.
Nikkei Asian Review
China continues to stress that the US must remove all the tariffs placed on Chinese goods as a condition for reaching a trade deal.
Bloomberg
The Chinese government made just 689 requests to Apple to access information about Apple devices, but the requests pertain to a massive 137,595 devices - more than seven times the number of devices in US requests and way over half the worldwide total.
ZDNet
The US government said on Wednesday it was reviewing license requests from US companies seeking to export products to China's Huawei Technologies "under the highest national security scrutiny" since the company is still blacklisted.
Reuters
Microchip already has development centres in Bangalore and Hyderabad and currently has 1,800 employees in India.
Electronics Weekly
The Chinese telecoms group is determined to accelerate efforts to become self-reliant.
The Financial Times
Samsung Electronics is likely to say second-quarter profit more than halved when it reports preliminary earnings on Friday, data showed, as a drop in memory chip shipments to China's embattled Huawei exacerbated a price-squeezing supply glut.
Reuters
"It was embarrassing. I pushed it through before it was ready," said Samsung Electronics CEO DJ Koh. "I do admit I missed something on the foldable phone, but we are in the process of recovery."
Independent
Japan tightened controls on exports to South Korea in an unexpected blow to the global technology supply chain that also marks a new low point in relations between the two US allies.
Wall Street Journal
The latest data on semiconductor sales is pointing to stabilization in the industry, suggesting that months of weakness and tepid demand could be nearing an end, analysts said on Monday.
Bloomberg
Tesla returned to growth mode in the second quarter, setting a record for deliveries and beating Wall Street's expectations, relieving some pressure on CEO Elon Musk to prove that demand remains strong for the electric-car maker's vehicles.
Wall Street Journal
Samsung has already sacked 150-odd employees at its telecom networks division and will conclude the entire manpower rationalisation exercise by October.
Business Today
Intel, in collaboration with 10 industry leaders in automotive and autonomous driving technology, has published "Safety First for Automated Driving," a framework for the design, development, verification and validation of safe automated passenger vehicles (AVs). The paper builds on Intel's model for safer AV decision-making known as Responsibility-Sensitive Safety (RSS).
Company release
Nvidia Korea chief Yoo Eung-joon said that its production of advanced GPUs will be conducted by Samsung Electronics with its 7-nanometer extreme ultraviolet process.
Korea Herald
Broadcom is in advanced talks to buy cybersecurity firm Symantec, according to people familiar with the matter, seeking a further expansion into the more profitable software business.
Bloomberg
SoftBank Group Corp. founder Masayoshi Son says he wants to re-list ARM Holdings Plc within five years, re-introducing stock markets to the British chipmaker his company bought for $32 billion in 2016.
Bloomberg
For the global semiconductor industry, the just-revealed truce in the "trade war" between US President Donald Trump and China's president Xi Jinping is welcome news but hardly the end of a poorly scripted economic melodrama that continues to pose dire consequences for the American semiconductor market.
EE Times
Intel is getting rather concerned at AMD's Zen 2 advancements and an internal memo that just leaked out to public venues indicates that AMD is starting to give Chipzilla a good kicking in its reptilian diodes.
Fudzilla
President Donald Trump's decision to allow US companies to continue selling to Huawei followed an extensive lobbying campaign by the US semiconductor industry that argued the ban could hurt America's economic and national security.
Bloomberg
Apple is manufacturing its new Mac Pro computer in China, according to people familiar with its plans, shifting abroad production of what had been its only major device assembled in the US as trade tensions escalate between the Trump administration and Beijing.
Wall Street Journal
Organisers say volunteers are running hundreds of Telegram groups that are powering Hong Kong's protest turned civil disobedience campaign. They claim that more than two million people have taken to the streets in recent weeks to express opposition to a controversial extradition law.
BBC News
The US company aims to purchase all of the former Hitachi group member from American private equity group KKR by the end of the year, according to sources familiar with the negotiations.
Nikkei Asian Review
Ren Zhengfei, the billionaire founder of Huawei Technologies whose daughter's arrest in Vancouver triggered a diplomatic crisis between China and Canada, said the company still wants to make the country its "global center for theoretical research."
Bloomberg
Trump said Saturday that "US companies can sell their equipment to Huawei," as long as the transactions won't present a "great, national emergency problem."
CNN
The Wall Street Journal has reported that AMD's 2016 joint venture known as Tianjin Haiguang Advanced Technology Investment, or THATIC, allowed a company with ties to the Chinese military to obtain chip technology that could boost China's supercomputer efforts.
Fortune
One of Huawei's biggest rivals - Nokia - has said the UK should be wary of using the Chinese firm's equipment. The Finnish company said Huawei's telecoms kit had vulnerabilities that meant it posed a risk to 5G networks.
BBC News
America's trade war with China is once again poised to switch off the nation's last television factory.
Reuters
Israeli startup NeuroBlade said on Wednesday it has completed a $23 million early funding round, led by Marius Nacht, co-founder of Check Point Software Technologies, with the participation of new investor Intel Capital.
Reuters
Jony Ive, a close creative collaborator with Apple Inc co-founder Steve Jobs whose iPhone and other designs fueled Apple's rise to become a $1 trillion company, will leave later this year to form an independent design company.
Reuters
The 120W Super FlashCharge tech is easily a highlight of MWC 2019 Shanghai, as it could help set new battery charging standards for mobile devices.
BGR
The benchmarks are designed to promote best practice and boost innovation.
engadget
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