Diodes Incorporated to acquire Lite-On Semiconductor for $428 million
Last week, Plano, Texas-based Diodes Incorporated announced plans to buy Taiwanese component maker Lite-On Semiconductor Corporation. Diodes intends to acquire Lite-On for $428 million in cash. The American concern will buy...
Salesforce to acquire ClickSoftware for $1.35 billion
On Wednesday, cloud platform provider Salesforce announced it would acquire field service management firm ClickSoftware for $1.35 billion. The corporation is likely making the purchase to compete with market leader Microsoft....
Broadcom to buy Symantec’s enterprise segment for $10.7 billion
On Thursday, chipmaker Broadcom announced it would purchase software developer Symantec’s enterprise segment for $10.7 billion. The two firms plotted a merger last month, but plans fell apart when they couldn’t...
Huawei license approval delay causes chipmaker stock drops
Earlier this week, The Burn-In reported a recent escalation in the U.S.-China trade war cost America’s five biggest technology firms $162 billion in one day. Now, a new volley from the...
Microsoft shores up server business with BlueTalon purchase
On July 29, Microsoft announced it purchased data-centric security company BlueTalon Inc. The Big Tech firm didn’t disclose details of the acquisition, but it did note the sale would “enhance our...
Trade war escalation costs Big Tech firms $162 billion Â
On Monday, All American stock markets experienced significant declines as the result of recent escalations in the U.S.-China trade war. Accordingly, the nation’s technology sector took a major hit. In particular,...
Infineon hits Q3 2019 predictions despite trade war
While the semiconductor industry has been in a downturn since late last year, Infineon Technologies AG has found success in a challenging climate. Last week, the corporation posted its fiscal third-quarter...
Qualcomm posts strong Q3 performance, predicts Q4 decline
On Wednesday, semiconductor giant Qualcomm handed investors a mixed bag when delivering its fiscal third-quarter earnings report and its fourth-quarter forecasts. On the one hand, the corporation beat analyst predictions by...
Apple Q3 2019: Services revenue grows, iPhone sales decline
On Tuesday, Apple released its fiscal third-quarter earnings, and CEO Tim Cook mostly had good news for investors. The firm generated $53.8 billion in Q3 2019, which represented a one percent...
Samsung posts 55 percent revenue decline in Q2 2019
In early July, Samsung offered forecasts indicating it would experience a 55 percent drop in revenue in the second quarter. On Tuesday, the company posted its Q2 2019 financial reports and...
Huawei CFO Meng Wanzhou allegedly admits to selling US tech to...
On Wednesday, a new Bloomberg report offered new details about the arrest and detention of Huawei CFO Meng Wanzhou. According to newly released court...
Meet Intel’s new 10th Gen Comet Lake processors
On Wednesday, Intel announced eight new processors for its growing 10th Gen lineup. Interestingly, the most notable thing about the Comet Lake processors might...
Washington extends Huawei ban exemption for 90 days
On Monday, the Trump administration made two new announcements regarding controversial Chinese conglomerate Huawei. The U.S. Department of Commerce will extend the trade ban...
China threatens to punish India for rejecting Huawei
Last week, the Taipei Times reported Chinese telecommunications company Huawei is once again at the center of international tension. However, this time, the issue...
Trump delays Chinese electronics import tax until December
On Tuesday, the Trump administration announced that it will delay the start of a new 10 percent import tax on certain Chinese products. The...
