
Amid Coronavirus outbreak, Facebook, LG, other tech firms restrict their employees' travel to China
Facebook said that out of an abundance of caution, we have taken steps to protect the health and safety of our employees.

Japan restricts export of high-tech materials used in smartphone displays to Korea
The materials to be restricted includes fluorinated polyimide which is used in smartphone displays.

Samsung Electronics bets on better second half after posting weakest profit in more than two years in first quarter
Hit by falls in chip prices and slowing demand for display panels, Samsung posted operating profit of 6.2 trillion won ($5.4 billion) in the quarter ended March

Western Digital expected revenue to improve in the second half of 2019
Western Digital is targeting $800 million in annualised reductions in non-GAAP cost and expenses.

Samsung meets Q3 2018 forecast expectations thanks to sales of semiconductors
Samsung flagged a 27 percent cut in capital expenditure to 31.8 trillion won in 2018.

Intel beats estimates for quarterly profit thanks to strong demand for PC chips
Intel’s PC sales have trended positively in recent quarters, lifted by stronger demand.

Asian chipmakers to focus on production plans as they forsee weak earnings
Samsung is expected to post a record profit of 12.5 trillion won from chip sales in June.

Qualcomm's Q1 2018 profit exceeds forecasts, suggesting that a slowdown in global smartphone market is not as bad
The results announced in Qualcomm’s smartphone chip business contrasted to those from major mobile phone components makers in Asia.

Apple shares drop 2% after investors worry over soft demand of iPhones
Concerns ahead of Apple’s quarterly report next Tuesday have shaved 9 percent from its stock price in the past five sessions.

After 26 years, Intel gets toppled by Samsung in the global semiconductor market in 2017: Report
This is the first time Intel has been toppled since 1992 as worldwide semiconductor revenue totaled to a 22.2 percent increase from 2016.

Toshiba and Western Digital are close to settling their legal dispute over the sale of an $18 billion semiconductor unit
But Western Digital, Toshiba’s chip joint venture partner and a jilted suitor in the auction of the unit, argues that no deal can proceed without consent.

Toshiba disputes Western Digital CEO claims on memory chip unit investment talks
Because of the impasse over the terms, Western Digital does not believe it will take part in a coming round of investment in Toshiba’s Fab 6 chip factory.

Seagate pledges not to buy any stake in Toshiba's memory chip unit for the next 10 years
Seagate has committed up to $1.25 billion to finance the purchase of the chip unit — world’s second-biggest producer of NAND flash memory semiconductors.

Apple has plans to develop propriety chips to cut costs and reduce reliance on industry suppliers
Affected chip suppliers are likely to include Intel, Arm, Synaptics, Skyworks, Broadcom, Samsung, Micron, SK Hynix and Toshiba.

Toshiba signs $18 billion deal to sell its chip unit to a consortium lead by Bain Capital
Japan’s Toshiba Corp said on Thursday it had signed an $18 billion deal to sell its chip unit to a consortium led by Bain Capital LP.

SK Hynix board approves its participation in Bain Capital-led consortium to buy Toshiba's memory chip unit
The Bain-led consortium will hold 49.9 percent of the voting rights in the chip unit, while Toshiba will hold 40.2 percent.

Western Digital to seek an injunction for blocking Toshiba's memory chip business sale
Western Digital's actions come after Toshiba's decision to sell the unit to a consortium led by Bain Capital LP and South Korean chipmaker SK Hynix.

Toshiba memory chip sale not finalized after Apple disagrees on key terms
Toshiba announced on 20 September that it had chosen a consortium led by U.S. private equity firm Bain Capital LP to buy the prized chip unit.

Toshiba wrestles with last minute delays on its $18 billion memory chip business sale
Sources familiar with the matter confirmed consortium members were still wrangling over details of their agreement.

Bain Capital names Dell and other tech firms as part of it consortium to bid for Toshiba chip unit
Toshiba said this week it has agreed to focus on selling the world’s No. 2 NAND producer to a group led by Bain and South Korean chipmaker SK Hynix Inc.