Samsung operating profits down by 56 percent in Q3 2019
On Monday, Samsung reported its financial performance forecast for the third quarter. On balance, the South Korean corporation did not have good news for its investors as its operating income fell...
Report: Semiconductor sales down 15.9 percent year-on-year, but show signs of improvement
Earlier this month, the Semiconductor Industry Association (SIA) published sales figures for global chip sales for August 2019. On the one hand, the report indicated component purchases had fallen by 15.9...
Apple tells suppliers to increase iPhone 11 production
In July, Apple reported its iPhone revenue had hit a record low, representing less than 50 percent of the firm’s income for the first time since the product’s introduction. However, Bloomberg...
Samsung discontinues smartphone production in China
On Wednesday, Samsung announced that it is shutting down the handset manufacturing facility it maintained in Huizhou, China. The firm signaled the shutdown back in June when it slashed production at...
Micron Q4 2019 earnings beat analyst estimates, suggest end of semiconductor downturn
On Thursday, chipmaker Micron posted its fiscal fourth-quarter results. The firm’s financial reporting as a whole offered bad news for investors, both for the current period and the immediate future. However,...
Apple invests $250 million into glass screen maker Corning
On Tuesday, Apple announced it would invest $250 million into Corning, the company that makes the iPhone’s iconic glass display. The technology company awarded the manufacturer funding to help it develop...
Qualcomm pays $3.1 billion to take full control of RFEE venture, RF360 Holdings
Earlier this week, semiconductor company Qualcomm bought out partner TDK’s interest in a component venture the two firms co-founded in 2017. Using resources from both firms, RF360 Holdings specialized in developing...
Broadcom posts weak Q3 earnings, affirms down fiscal year
On Thursday, semiconductor giant Broadcom posted its underwhelming third-quarter financial results. On the bright side, the firm slightly beat analyst expectations and outpaced its year-on-year performance. Unfortunately, the corporation reaffirmed its...
Apple’s new iPhones might not do well in China
In the first quarter of 2018, the iPhone represented 85 percent of $600 or over handsets sold in China. However, the global smartphone market has changed a great deal since then....
Toshiba Memory to acquire Lite-On SSD segment for $165 million
On Tuesday, Toshiba Memory Holdings announced that it will acquire Lite-On Technology’s solid-state drive (SSD) business for $165 million. Once complete, the all-cash deal will give Toshiba Memory control of the...
Nvidia unveils edge supercomputing platform at MWC keynote
On Monday, Nvidia CEO Jensen Huang unveiled a series of new products ahead of Mobile World Conference Los Angeles (MWC). In his keynote address,...
Germany open to letting Huawei set up its 5G infrastructure
On Monday, German officials detailed the rules for the country’s forthcoming 5G build-out. Notably, the European republic declined to exclude Chinese telecommunications firm Huawei...
Report: Commerce Department to issue Huawei trade ban exemptions
On Wednesday, The New York Times reported that the Trump administration plans on issuing trade licenses to U.S. firms that want to sell their...
US government adds more Chinese companies to trade blacklist
On Monday, the U.S. Department of Commerce announced that it added eight Chinese technology companies to its Entity List. Consequently, the Trump administration has...
Dialog Semiconductor expands industrial IoT portfolio by purchasing Creative Chips
On Monday, British firm Dialog Semiconductor announced plans to acquire German mixed-signal integrated circuit manufacturer Creative Chips. The English fabless manufacturer is making the...
