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The Latest Breaking News on Asian tech

Indian Business Titan Ratan Tata Dead At 86

Indian industrialist Ratan Tata, who is credited with transforming the Tata Group into a globally renowned conglomerate, has died at age 86, the company said late Wednesday.

International Business Times

Samsung To Axe Thousands Of Jobs Amid AI Struggles: Report

Samsung is reportedly implementing workforce reductions in Southeast Asia, Australia and New Zealand as part of a broader strategy to cut thousands of jobs globally.

International Business Times

Two execs of China-based chipmaking tools producer resign to meet U.S. requirements

Two executives with U.S. citizenship had to step down from China-based AMEC due to U.S. export rules.

Tom’s Hardware

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Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardee

Polar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden administration's CHIPS Act.

Tom’s Hardware

US Space Force partners with India to open a microchip factory for next-gen tech

The United States is partnering with India to establish a new factory that will manufacture microchips to enable next-generation technologies for the U.S. Space Force.

Space

Taiwan Semiconductor, IBD Stock Of The Day, Basks In AI Glow

Taiwan Semiconductor Manufacturing is the IBD Stock Of The Day as the chipmaker benefits from demand for its cutting-edge factories.

Investors Business Daily

Arm Holdings Joins Elite List; Offers New Buy Point

Arm stock is flashing a buy point of a base. The stock was added to an elite list of 30 stocks on Friday.

Investors Business Daily

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‘This is very embarrassing’: Middle East crisis takes a detour to an office park in Taiwan

Media spotlight shifted to Taiwan tech company Gold Apollo which has denied supplying the pagers that exploded across the Hezbollah network in Lebanon

The Guardian - AU

Samsung Electronics To Cut Up To 30% Of Global Jobs: Report

The world's largest maker of memory chips, smartphones, and televisions reportedly plans to implement the global headcount reduction by the end of the year, and it would hit jobs across the Americas, Asia, Europe, and Africa.

International Business Times

Two former Samsung bigwigs nabbed for allegedly swiping $3.2 billion worth of the company's intellectual property to build a 'brand new second-hand' chip fab in China

Two former Samsung executives were jailed for allegedly stealing Samsung technologies worth approximately $3.2 billion to build a chip-making plant in China.

Windows Central

Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets

A former Samsung executive set up a factory in China and used stolen Samsung memory technology to make competing chips.

Tom’s Hardware

Chip Stocks Mostly Higher Ahead Of Broadcom Earnings Report

Semiconductor stocks were mostly positive on Wednesday, a day after bears mauled the sector on negative economic news.

Investors Business Daily

Asian stocks decline, following Wall Street's drop on worries about the economy

Asian stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start

The Independent UK

Taiwan accuses Chinese chip manufacturing tool companies of poaching engineers from Taiwanese companies

Taiwanese intelligence says that Naura Technology and others illegally poach engineers from Taiwanese high-tech firms to boost the Chinese semiconductor industry.

Tom’s Hardware

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China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year

A Nikkei report says that China bought more chipmaking tools than the U.S., Taiwan, and South Korea combined.

The Independent UK

Asian shares trade higher after mixed trading on Wall Street

Asian shares are mostly higher as markets continued to be moderately optimistic about the prospects of technology companies and the relative health of global economies

Investors Business Daily

Funds Are Loading Up On Nvidia Chipmaker, Costco Stock, Magnificent Seven Member Amazon

In the current stock market rally, funds are loading up on Nvidia chipmaker TSMC, Costco stock and Magnificent Seven member Amazon.

Dynamite News

Jaishankar hails ‘productive’ India-Singapore Ministerial Roundtable

The second India-Singapore Ministerial Roundtable was held on Monday in Singapore, where leaders from both the countries discussed. Read further on Dynamite News:

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StockNews.com

3 Emerging Market Stocks for High-Risk, High-Reward Investors

With rapid expansion and high growth prospects, emerging markets and economies are poised to experience robust growth. Therefore, it could be wise to invest in high-risk, high rewarding emerging market stocks Taiwan Semiconductor Manufacturing (TSM), PDD Holdings (PDD), and Alibaba Group Holding (BABA). Keep reading.

Tom’s Hardware

Samsung may start installing its first High-NA EUV litho tool in late 2024

Samsung will be about a year behind Intel in installing ASML's Twinscan EXE:5000 High-NA litho tool for development purposes.

The Guardian - UK

Sunil Bharti Mittal: who is the Indian tycoon now BT’s largest shareholder?

Billionaire built business from bicycle components empire that takes in UK hotels

The Independent UK

Asian shares are mixed, with Tokyo closed, as more tests for markets loom

Asian shares are mixed ahead of big reports this week on the state of the U.S. economy

Tom’s Hardware

TSMC Arizona struggles to overcome vast differences between Taiwanese and US work culture

As TSMC fights to bring its new Arizona fabs online, the company learns the Taiwanese way isn't going to work in America and needs to change.

International Business Times

South Korea Union Pickets Outside Samsung Chairman's House

Leaders of a South Korean union representing tens of thousands of workers at Samsung Electronics staged a protest Thursday outside the house of the company's chairman and heir, after fresh negotiations failed.

Investors Business Daily

Nvidia Stock, 3 Other Semiconductor Names Falter, But Analysts Remain Bullish

Nvidia stock remains below a closely watched moving average but analysts raised their annual profit estimates on the chip and AI leader.

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