Business Jul 9, 2019
Japan stands firm on export curbs as South Korea denies passing chemical to North
Tokyo and Seoul ratcheted up tensions Tuesday in their diplomatic dispute that threatens to disrupt the global supply of smartphones and chips.
Japan stands firm on export curbs as South Korea denies passing chemical to North
Tokyo and Seoul ratcheted up tensions Tuesday in their diplomatic dispute that threatens to disrupt the global supply of smartphones and chips.
Frustrated with South Korea, Japan greenlights curbs on smartphone and semiconductor supplies
South Korea’s economic policy chief said he would not rule out countermeasures against Japan if Tokyo maintains restrictions on the exports for an extended period.
South Korea eyes investing ¥91.8 billion annually in chip supply chain after Japanese export curbs
South Korea will seek to invest 1 trillion won (¥91.8 billion) annually in developing homegrown materials and equipment used to produce microchips, a senior ruling party lawmaker said Wednesday, after Japan tightened curbs on exports of some high-tech materials to the country. Japan said Monday ...
Aided by Japan's DBJ, Toshiba Memory plans to go public from September, sources say
Toshiba Memory Corp. plans to go public as soon as September, aided by some ¥300 billion ($2.7 billion) in planned investment from the state-backed Development Bank of Japan (DBJ), sources close to the matter said Thursday. Toshiba Memory, a former chip unit of Toshiba Corp. ...
After chip unit sale, Toshiba faced with tough challenge of finding new growth drivers
Toshiba Corp. on Friday finalized the sale of its chip business, releasing the embattled company from its worst-ever crisis but selling off its crown jewels. Now the scandal-hit electronics firm must ask itself a big question: What has it got left to drive growth? Analysts ...
Apple to issue fix for iPhones and Macs at risk from 'Spectre' chip flaw
Apple Inc. will release a patch for the Safari web browser on its iPhones, iPads and Macs within days, it said on Thursday, after major chipmakers disclosed flaws that leave nearly every modern computing device vulnerable to hackers. On Wednesday, Alphabet Inc.'s Google and other ...
Founder of TSMC, Apple's top chip supplier, to hand over reins in June
Taiwan Semiconductor Manufacturing Co. founder and Chairman Morris Chang will retire next June, handing the helm of the world's largest producer of made-to-order microchips to the company's two co-chief executives. Breaking with tradition, Chang used his retirement announcement to issue a 2017 revenue forecast that ...
SoftBank to sell 25% stake in Arm to Vision Fund, sources say
SoftBank Group Corp. plans to sell a 25 percent stake in ARM Holdings PLC to a technology fund it is creating with Saudi Arabia after lead investors expressed a desire to include the chip-maker in their portfolio, according to people familiar with the matter. The ...
Renesas Electronics Corp. agreed to buy U.S. chipmaker Intersil Corp. for $3.2 billion, seeking to accelerate its efforts to sell more automotive components. Renesas is offering $22.50 per share, a 14 percent premium to Monday's close, according to a statement to the Tokyo Stock Exchange ...
Renesas Electronics looks to acquire Intersil amid automotive chip push
Renesas Electronics Corp. said Monday it is considering acquiring U.S. chipmaker Intersil Corp., but revealed few details of the prospective deal. The acquisition could be worth hundreds of billions of yen and an agreement may be reached as early as this month, sources with knowledge ...
Renesas Electronics Corp. is doing something that only a decade ago would have been unthinkable for a Japanese semiconductor maker: outsourcing research overseas. Outsourcing more R&D reduces the cost of developing components for new applications in autonomous cars and "the internet of things," Chief Executive ...