U.S. semiconductor testing company Cohu Inc (COHU.O) is trying to block the sale of rival Xcerra Corp (XCRA.O) to a Chinese government-controlled fund citing national security concerns, the Wall Street Journal reported...
Crompton Greaves offers Videocon Rs1,440 crore for Kenstar
Crompton Greaves Consumer Electricals Ltd has offered to pay around Rs1,440 crore to buy home appliances brand Kenstar from Videocon group, two people directly aware of the talks said. But the deal hinges on a...
Abu Dhabi’s Mubadala sells second stake in U.S. chipmaker AMD
Abu Dhabi’s Mubadala Investment Company on Friday said it sold a 3.9 percent stake in Advanced Micro Devices in its second sale of shares in the U.S.-based semiconductor company this year. State-owned Mubadala sold 40...
Toshiba to invest in chip line without JV partner Western Digital
Toshiba Corp (6502.T) said on Thursday it would go ahead with the capital investment to build a new memory chip production line without joint venture partner Western Digital Corp (WDC.O) as the two failed to reach an...
Apple seeks to expand iPhone OLED display production, invests $2.7 bn in LG
Samsung may soon not be the only supplier of OLED displays for Apple as the Cupertino-based tech company has reportedly invested $2.70 billion in LG for the production of OLED panels for its iPhones. According to a...
Greenlight Capital takes stake in Toshiba, says its funds fell 4 percent in second quarter
Hedge fund Greenlight Capital said on Friday that it had added a stake in Toshiba Corp as it expects the stock to rise once the Japanese company resolves uncertainties around its bankrupt Westinghouse unit and the sale...
Western Digital says it matched rivals’ bids for Toshiba chip unit
Western Digital Corp (WDC.O) said it matched rival bidders’ offers to acquire Japanese conglomerate Toshiba Corp’s (6502.T) flash memory unit ahead of a court hearing on Friday over whether to halt the...
Foxconn plans to invest up to Rs 32k crore in India
Foxconn, the world’s largest contract manufacturer for electronics, has firmed up plans to invest up to $5 billion (around Rs 32,000 crore) in India as it looks to make the country a parallel manufacturing hub to...
Western Digital won’t consent to SK Hynix participation in Toshiba chip unit sale
Western Digital Corp has told Toshiba Corp that it will not agree to a sale of the Japanese conglomerate’s prized memory chip unit to a preferred bidding consortium that includes rival chipmaker SK Hynix Inc...
Western Digital seeks court injunction to block sale of Toshiba chip unit
Western Digital Corp has sought a court injunction to prevent Toshiba Corp from selling its chip business without the U.S. firm’s consent – a move that threatens to throw the fiercely contested auction into...
Japan govt-led bid for Toshiba chip unit to include SK Hynix: sources
A Japanese government-led consortium bidding for Toshiba Corp’s chip business will include South Korean chipmaker SK Hynix Inc, sources familiar with the matter said – a move likely to add firepower to the...
Foxconn says Apple, Dell join its bid for Toshiba chip business
Apple Inc. and computing giant Dell Inc will join a Foxconn-led consortium bidding for Toshiba Corp’s highly prized chip unit, the CEO of the world’s largest contract electronics manufacturer told Reuters on Monday...
