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The Latest Breaking News on Asian tech

3 Chip Stocks to Buy This Week for Under $100

While demand for chips remains subdued due to broader macroeconomic concerns, the industry is well-positioned for growth with increasing applications of chips. Therefore, it could be wise to invest in fundamentally strong chip stocks Taiwan Semiconductor Manufacturing Company (TSM), Photronics (PLAB), and Xperi (XPER), which are trading under $100. Keep…

StockNews.com

Ex-Manager of China’s Semiconductor ‘Big Fund’ Handed Over to Prosecutors

Lu Jun, who headed the firm in charge of the country’s biggest state-run chip investment vehicle, is suspected of taking bribes, embezzling public funds and abusing his position

Caixin Global

1 Semiconductor Stock You Should Buy Now

Despite facing inflationary headwinds and demand softness lately, semiconductor foundry major Taiwan Semiconductor Manufacturing Company (TSM) remains well-positioned to gain from the increasing demand for high-performance chips. Thus, we think it could be wise to buy the stock now. Read more….

StockNews.com

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Biden, Dutch PM Rutte discuss China, Ukraine at White House meet

Meeting comes as US has sought support for export controls to limit Beijing’s access to advanced computer chips.

Al Jazeera

3 Semiconductor Stocks You Can Buy and Hold Forever

While the demand for semiconductors has damped over the past months, increasing investments and technological advancements should keep the industry afloat in the long run. Therefore, fundamentally strong semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), STMicroelectronics (STM), and Photronics (PLAB) might be solid buy-and-hold options. Keep reading.

StockNews.com

Biden administration imposes China chip curbs on Macau

The Biden administration on Tuesday hit Macau with sweeping new export controls it previously imposed on shipments of advanced chips and chipmaking equipment to Beijing, flagging the risk that the technology could be diverted from the region to the rest of China.

Reuters

Biden to host Netherlands PM for talks on tech, Ukraine

President Joe Biden is set to host Dutch Prime Minister Mark Rutte for talks

The Independent UK

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Econometer: Should the US subsidize chip making?

U.S. lawmakers approved about $76 billion in government subsidies this summer for American semiconductor production.

Tribune News Service

Dutch PM Rutte denies U.S. pressure over chip export policy

The Netherlands is not feeling pressured by Washington to adopt new U.S. rules further restricting semiconductor technology exports to China, Dutch Prime Minister Mark Rutte said on Friday.

Reuters

Metro banking on online channels for market share

Metro Machinery Co Ltd Group, Thailand's sole authorised dealer of heavy machinery brand Caterpillar, is expanding its business through online channels, aiming to achieve 36 billion baht in total sales this year.

Bangkok Post

NVIDIA vs. Taiwan Semi: Which Chip Stock Is the Better Buy in 2023

Chip demand has been under pressure lately. However, industry executives have a positive outlook for 2023. Also, the industry is expected to witness steady growth in the long term. So, popular chip stocks NVIDIA (NVDA) and Taiwan Semiconductor Manufacturing Company (TSM) are expected to be solid beneficiaries of the industry…

StockNews.com

The Cheapest Chip Stock to Buy in 2023

Taiwan-based chipmaker United Microelectronics is trading at a discount to its peers. Although the current uncertain macroeconomic environment means that the company will continue to face soft consumer demand, the demand for chips is expected to remain strong in the long run due to their increasing applicability. Therefore, it could…

StockNews.com

Taiwan chipmaker TSMC says quarterly profit up 78%

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, says its quarterly profit rose 78% over a year earlier but forecast weak demand this year

The Independent UK

Biden, Japan's Kishida expected to discuss security, global economy-U.S. official

U.S. President Joe Biden and Japan's Prime Minister Fumio Kishida are expected to discuss joint security issues as well as the global economy in summit talks on Friday, a senior administration official told Reuters.

Reuters

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Bangkok Post

Frasers allots B5bn for industrial sector

Frasers Property Industrial Thailand (FPIT) plans to spend 5 billion baht this year to expand industrial spaces in Thailand, Vietnam and Indonesia by 250,000 square metres.

StockNews.com

4 Semiconductor Stocks to Buy Hand Over Fist for 2023

Despite being marred by the macroeconomic headwinds and regulatory actions last year, the semiconductor industry’s growth prospect looks promising with significant government support. Hence, quality semiconductor stocks Taiwan Semiconductor (TSM), Broadcom (AVGO), STMicroelectronics (STM), and Photronics (PLAB) might be solid buys for 2023. Read on….

Reuters

North America vows to strengthen economic ties, Mexico energy row rumbles on

The United States, Mexico and Canada on Tuesday vowed to tighten economic ties, producing more goods regionally and boosting semiconductor output, even as integration is hampered by an ongoing dispute over Mexico's nationalist energy policies.

The Guardian - UK

Rishi Sunak restarts talks on London listing for UK tech firm Arm

Japanese investor SoftBank thought to favour New York for computer chip designer’s IPO

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Asharq Al-Awsat

Samsung’s Quarterly Profit Plunges to 8-Year Low on Demand Slump

Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world's largest memory chip, smartphone and TV maker - a bellwether for…

Al Jazeera

US waged war on China’s chips; S Korea, Taiwan felt the fallout

Washington’s bid for self-sufficiency in semiconductors is complicating relations with its tech-savvy partners in Asia.

Bangkok Post

IDC forecasts PC market expansion in H1

Thailand's PC market is expected to receive a boost from the "Shop Dee Mee Khuen" tax rebate scheme, a brighter economic outlook and a stronger baht in the first half of this year, says tech market research firm IDC Thailand.

Bangkok Post

Delta becomes country's biggest listed firm

Delta Electronics (Thailand) Plc has become the largest listed company on the Stock Exchange of Thailand on optimism about demand for its server, cloud-storage and EV-charging products.

StockNews.com

Better Buy in 2023: AMD or TSM?

Experts are optimistic about a market rebound in the near term. Moreover, as the semiconductor industry’s long-term prospects look bright, quality stocks Advanced Micro Devices (AMD) and Taiwan Semiconductor Manufacturing (TSM) witness stable growth. But which is the better buy in 2023? Let’s find out….

Axios

CES bets on post-pandemic bounce

Tech's mega-trade show in Las Vegas is aiming to recover some of its pre-pandemic glory.

Bangkok Post

May I interest you in wafer thin?

Tech heavyweight Taiwan Semiconductor Manufacturing Company said yesterday it started mass production of its 3-nanometre chips, among the most advanced to come to market. TSMC operates the world's largest silicon wafer factories and produces high-performance chips used in everything from smartphones and cars to missiles.

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