U.S. semiconductor maker Analog Devices Inc is in advanced talks to acquire Maxim Integrated Products Inc, an industry peer that has a market capitalization of $17.1 billion, people familiar with the matter said on...
AMS gains EU antitrust clearance for 4.6 billion euro Osram buy
Austrian sensor producer AMS on Monday gained unconditional EU antitrust approval for its 4.6-billion-euro ($5.2 billion) acquisition of German lighting group Osram, its biggest ever deal. The European Commission said...
China chipmaker SMIC to raise $6.55 billion in Shanghai share sale
China’s Semiconductor Manufacturing International Corp (SMIC) will raise 46.29 billion yuan ($6.55 billion) in a Shanghai share sale, more than double its initial target, pricing its offering following a surge in its...
Japan’s Sharp Corp. may move up Dynabook PC unit IPO: Nikkei
Japan’s Sharp Corp has indicated that its laptop making unit may go public this year instead of 2021, the Nikkei Asian Review reported on Thursday. According to the Nikkei report, the Osaka-based electronics maker’s...
Apple acquires startup aimed at managing corporate Macs, iPads
Apple Inc has acquired Fleetsmith, a San Francisco-based startup company whose technology helps businesses manage Apple’s Mac and iPad devices among their employee bases. The move is a push by Apple into the mobile...
Toshiba: Plan to monetise Kioxio stake, return majority proceeds to shareholders
Japan’s Toshiba Corp said on Monday it planned to monetise its 40.2% stake in former flash memory chips unit Kioxia Holdings, stating its intentions of a potential stake sale for the first time. In a statement, Toshiba...
Toshiba to gradually sell Kioxia stake after ex-chip unit’s IPO: sources
Toshiba Corp plans to gradually unwind its 40% stake in Kioxia Holdings after the world’s second-largest flash memory chip firm lists its shares in an IPO later this year, two people familiar with the matter said on...
EU to rule on AMS’s 4.6 billion euro bid for Osram by July 6
EU antitrust regulators will decide by July 6 whether to clear Austrian sensor maker AMS’s 4.6 billion euro ($5.14 billion) bid for German lighting group Osram after a preliminary review, a European Commission filing...
Prosecutors summon Samsung Group heir over controversial 2015 merger
Samsung Group heir Jay Y. Lee on Tuesday was summoned and questioned by prosecutors over a controversial 2015 merger of two of the group’s affiliates, Reuters reported. Lee is in trials over charges that he bribed...
Sony to buy full control of financial unit to weather crisis
Sony Corporation plans to make its financial services unit a wholly owned subsidiary to ensure stability as it rides out the hardships brought on by the coronavirus pandemic. “We will be able to carry out more...
Philips to invest Rs 300 crore in India manufacturing, R&D
The company also sees demand increasing for its connected care solutions amid the Covid-19 pandemic and will work towards more public-private-partnerships (PPP) in this space. Dutch healthtech and consumer electronics...
Intel buys Moovit transit app for $900 million to help develop robotaxis
Chipmaker Intel Corp has bought Israeli public transit app maker Moovit for about $900 million to help it develop self-driving “robotaxis” that could take to the streets in early 2022, the company said on Monday. Moovit...
