British defence company BAE Systems said it was buying two businesses for $2.2 billion to help grow in Electronic Systems, picking up units which had become available as a result of the merger of U.S. rivals Raytheon...
Electronics
Toshiba succeeds in bid for chip equipment unit, beating Hoya
Toshiba Corp said on Friday it succeeded with its takeover bid for chip equipment unit NuFlare Technology Inc, staving off a higher counter offer by Hoya Corp. Toshiba, which initially held 52.4% of NuFlare, acquired a...
Japan activist investor Murakami eyes takeover of former Toshiba unit
Japan’s Toshiba Machine Co said on Friday a fund backed by veteran activist investor Yoshiaki Murakami planned a takeover bid for the former Toshiba Corp subsidiary. Office Support Co, backed by Japan’s most prominent...
Apple’s iPhone manufacturer gets into electric cars via Fiat venture
Hon Hai Precision Industry Co., the main assembler of Apple Inc.’s iPhones, will establish a joint venture with Fiat Chrysler Automobiles NV to develop and make electric vehicles in China. Hon Hai and its subsidiaries...
Japan Display in talks to sell key smartphone screen plant to Apple, Sharp – Nikkei
Cash-strapped Japan Display Inc is discussing the sale of its main smartphone screen factory to Apple Inc and Sharp Corp for as much as $820 million, the Nikkei business daily reported on Friday. Sharp, a unit of...
Behind Samsung’s $116 billion bid for chip supremacy
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...
