Technology giants are increasingly designing their own semiconductors to optimize everything from artificial intelligence tasks to server performance and mobile battery life. Google has the Tensor Processing Unit, Apple...
Toshiba to extend tender offer period for NuFlare until Jan. 16
Toshiba Corp said on Monday it would extend the period of its tender offer for chip equipment unit NuFlare Technology Inc until Jan. 16. The extension of the offer, from the originally set Dec. 25, was requested by...
Toshiba says board decided not to accept Hoya’s tender offer for its NuFlare unit
Toshiba Corp said on Friday its board had decided not to accept Hoya’s tender offer for NuFlare Technology Inc, saying the chip equipment unit was core to the group. Toshiba, which holds 52.4% of NuFlare, also said in...
Toshiba says not threatened by Hoya’s sweeter bid for Toshiba’s NuFlare unit
Toshiba Corp does not feel threatened by Hoya Corp’s counter offer for Toshiba chip equipment unit NuFlare, saying that even if its own bid fails it does not expect Hoya to succeed. Toshiba CEO Nobuaki Kurumatani told...
Nvidia, Mellanox Technologies win EU approval for $6.8 billion deal
Semiconductor company Mellanox Technologies has received approval from EU antitrust and Mexico for its proposed acquisition by chipmaker Nvidia for $6.8 billion, a regulatory filing showed on Thursday. Reuters had...
Nvidia to win unconditional EU okay for $6.8 billion Mellanox buy – sources
U.S. chipmaker Nvidia is set to win unconditional EU antitrust approval for its $6.8 billion acquisition of Mellanox Technologies, people familiar with the matter said on Wednesday. Nvidia, known for its powerful gaming...
Ichigo likely to end up nearly 50% stake in Japan Display: source
Japanese asset manager Ichigo Asset Management is likely to take a nearly 50% stake in Japan Display Inc when it invests in the struggling Apple Inc supplier, a person with knowledge of the deal said on Thursday. Japan...
Japan’s Yamada Denki to acquire feud-torn furniture seller
Japanese electronics retailer Yamada Denki Co will take over home furnishing store Otsuka Kagu, the companies said on Thursday, after the furniture chain struggled to compete with cheaper rivals and to overcome a family...
Toshiba restructuring plan faces hurdle as activist builds stake in unit
Toshiba Corp’s ownership restructuring plan faces a challenge, with activist investor Yoshiaki Murakami building a stake in a unit that the conglomerate aims to buy out, potentially making it sweeten an offer. Toshiba...
Israel’s TowerJazz to maintain 51% stake in Panasonic chip JV
Israeli chip manufacturer TowerJazz said on Monday it will not sell its 51% stake and board control in its joint venture (JV) with Panasonic Corp in Japan. This follows an announcement last week that Panasonic will sell...
Panasonic to sell its chipmaking business to Taiwan’s Nuvoton Tech – Nikkei
Japan’s Panasonic Corp will sell its loss-making semiconductor business to Taiwan’s Nuvoton Technology, Nikkei Asian Review reported on Thursday. Panasonic will also divest three Japanese chipmaking facilities of...
Taiwan’s Yageo to buy rival Kemet in $1.8 billion deal
Taiwanese electronics component company Yageo Corp plans to acquire U.S. rival Kemet Corp in a $1.8 billion deal aimed at expanding its global footprint, the two companies said. Yageo will offer $27.20 per Kemet share...
