Britain is assessing the impact of the sale of chip designer Arm to U.S. company Nvidia, including commitments to keep its head office and staff in Cambridge, Eastern England, digital minister Caroline Dinenage said...
Nvidia buys SoftBank’s arm in record $40 billion chip deal
Nvidia Corp. said it agreed to buy SoftBank Group Corp.’s chip division Arm Ltd. for $40 billion, taking control of some of the most widely used electronics technology in the semiconductor industry’s largest-ever deal...
Samsung heir charged with fraud over 2015 merger
South Korean prosecutors indicted the Samsung Group’s Jay Y Lee on Tuesday on suspicion of accounting fraud and stock price manipulation in connection with a 2015 merger, dealing a new blow to the head of one of Asia’s...
Taiwan-based Apple supplier Catcher to sell two divisions to China’s Lens for $1.4 billion
Taiwan-based Catcher Technology, a supplier to Apple Inc, has agreed to sell two units from its Lyra International division in China to Hunan-based Lens Technology Co for $1.43 billion, a company filing showed...
Videocon lenders to seek better offers before last call on liquidation
The lenders to consumer goods to oil firms, Videocon Industries, have decided to wait to get a better bid for the company before taking a final call on liquidation. The committee of creditors (CoC), which met on Friday...
Kodak TV to invest ₹500 cr to set up plant in Hapur
Kodak TV India on Tuesday said it will invest over ₹500 crore in the next three years to set up a fully-automated television manufacturing plant in Hapur, Uttar Pradesh. Super Plastronics Pvt Ltd (SPPL), the brand...
Samsung denies interest in Arm Holdings stake
Samsung Electronics Co Ltd on Tuesday denied a media report that it is considering buying a small stake in SoftBank Group Corp’s chip company Arm Holdings. The Korea Times newspaper reported Samsung’s interest in buying...
Nvidia may acquire SoftBank owned UK chip maker ARM for $32bn: Report
US chip-maker Nvidia is reportedly in advance talks to acquire SoftBank-owned UK chip company ARM in a cash-and-stock deal worth at least $32 billion. According to a report in the Financial Times on Friday citing...
Apple buys startup to turn iPhones into payment terminals
Apple Inc. has acquired Mobeewave Inc., a startup with technology that could transform iPhones into mobile payment terminals, according to people familiar with the matter. Mobeewave’s technology lets shoppers tap their...
Chipmaker SMIC inks $7.6 billion investment deal for wafer production
China’s Semiconductor Manufacturing International Corp (SMIC) said on Friday it would establish a joint venture company to develop wafer production units in Beijing to bump up its semiconductor output and reduce costs...
Chipmaker Analog Devices to buy rival Maxim for about $21 billion
Semiconductor maker Analog Devices Inc said on Monday it would buy rival Maxim Integrated Products Inc for about $21 billion in the largest U.S. deal this year, aimed at boosting its market share in automotive and 5G...
Apple supplier Foxconn plans to invest $1 billion in India: Sources
Foxconn plans to invest up to $1 billion to expand a factory in southern India where the Taiwanese contract manufacturer assembles Apple iPhones, two sources said. The move, the scale of which has not previously been...
