Keyword "PHNE1" - List of latest news (218 results)

19:26 Google declined OpenAI bid for partnership, exec testifies at trial

Alphabet's Google shot down a bid by OpenAI to use its search technology within ChatGPT, an OpenAI executive testified on Tuesday at Google's antitrust trial in Washington.

22/04 Exclusive: LG, Samsung sue Indian government over electronic-waste pricing policy

South Korea's LG and Samsung have sued India's government to quash a policy which increases payouts to electronic-waste recyclers, court filings show, joining other major companies in contesting the country's environmental rules citing business impact.

17/04 Cut shifts or ramp up output? Vietnam's exporters face dilemma amid tariff chaos

There has been a chaotic reaction by exporters in the Southeast Asian industrial hub.

15/04 South Korea unveils $23 billion support package for chips amid US tariff uncertainty

South Korea announced on Tuesday an increase in its support package for the country's vital semiconductor industry to 33 trillion won ($23.25 billion), up about a quarter from a 26 trillion won package unveiled last year.

14/04 Apple takes top spot for first-quarter smartphone sales, data shows

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

12/04 What Samsung and Vietnam stand to lose in Trump's tariff war

Samsung would face significant hit from US tariffs on Vietnam.

10/04 Intel CEO invested in hundreds of Chinese companies, some with military ties

Lip-Bu Tan, the man chosen to lead Intel, the U.S.'s largest chip maker, has invested in hundreds of Chinese tech firms, including at least eight with links to the People's Liberation Army, according to a Reuters review of Chinese and U.S. corporate filings.

09/04 Breakingviews - Chipmaking giants face triple tariff hit

Chipmakers will feel the heat of Donald Trump's tariff rampage. The exemption of semiconductors from the U.S. president's announced levies may not last. What's more, the blow to demand for phones and other consumer electronics will be painful for Taiwan Semiconductor Manufacturing , Samsung Electronics and peers. Surging costs also will disrupt their bold plans to set up factories in the U.S.

08/04 Exclusive: TSMC could face $1 billion or more fine from US probe, sources say

Taiwan Semiconductor Manufacturing could face a penalty of $1 billion or more to settle a U.S. export control investigation over a chip it made that ended up inside a Huawei AI processor, according to two people familiar with the matter.

08/04 Samsung sees Q1 profit beating estimates as looming tariffs spur chip, phone sales

Samsung Electronics on Tuesday flagged a much smaller-than-feared 0.2% fall in first-quarter operating profit, boosted by solid memory chip sales and strong smartphone demand, partly driven by customers concerned about U.S. tariffs.

07/04 Samsung Q1 profit to drop 21% on weak AI chip sales, foundry losses

Samsung Electronics is expected to forecast a 21% drop in the first quarter profit on Tuesday, hurt by sluggish sales of artificial intelligence chips and continued losses in its contract chip manufacturing business.

03/04 A $2,300 Apple iPhone? Trump tariffs could make that happen.

Your favorite iPhone could soon become much pricier, thanks to tariffs.

03/04 Southeast Asia nations, hit particularly hard by US tariffs, prep for talks with Trump

Vietnam's government said on Thursday it would set up a task force and other Southeast Asian nations said they plan to seek talks with Washington as they reel from being hit with some of U.S. President Donald Trump's heftiest tariffs.

03/04 South Korea's acting President orders emergency measures over US tariffs

South Korea's acting President Han Duck-soo ordered emergency support measures for businesses that will be impacted by the imposition of U.S. tariffs, including automobiles, the industry ministry said on Thursday.

01/04 Samsung Elec appoints mobile chief as interim head of consumer and mobile division

Samsung Electronics appointed on Tuesday its mobile chief Roh Tae-moon as acting head of the company's consumer and mobiles business, following the death of his predecessor, Han Jong-Hee, a week ago.

27/03 SK Hynix says some customers brought forward orders ahead of US tariffs

South Korea's SK Hynix , the world's second-largest memory chipmaker, said on Thursday that some customers have brought forward orders in preparation for new U.S. tariffs.

25/03 Samsung Electronics co-CEO Han Jong-hee dies, leaving new appointee in charge

Samsung Electronics said on Tuesday that co-CEO Han Jong-hee had died of a heart attack, leaving newly-appointed boss Jun Young-hyun solely in charge of the tech giant as it revamps its underperforming chip business and navigates trade uncertainties.

06/03 Intel defeats shareholder lawsuit over foundry losses, $32 billion plunge

Intel won the dismissal of a shareholder lawsuit accusing the chipmaker of fraudulently concealing problems in its foundry business, leading to job cuts and a dividend suspension that wiped out more than $32 billion of market value in one day.

05/03 Trump wants to kill $52.7 billion semiconductor chips subsidy law

President Donald Trump said on Tuesday U.S. lawmakers should get rid of a landmark 2022 bipartisan law to give $52.7 billion in subsidies for semiconductor chips manufacturing and production and use the proceeds to pay debt.

23/01 SK Hynix profit surpasses Samsung, but shares dip on lower memory chip demand

South Korea's SK Hynix forecast sales of its high-end semiconductors used in generative artificial intelligence chipsets would double this year after reporting a record quarterly profit that surpassed its bigger rival Samsung.

23/01 Samsung unveils AI smartphones with Qualcomm chips, teases slimmer Galaxy phones

Samsung Electronics on Wednesday unveiled its newest Galaxy S25 smartphones, powered by Qualcomm's chips and Google's artificial-intelligence model, hoping its upgraded AI features can reinvigorate sales and fend off Apple and Chinese rivals.

20/01 TikTok awaits Trump reprieve as China signals it is open to a deal

The app and website were operational on Monday, but TikTok was still not available for download in the Apple and Google app stores, suggesting the two companies were waiting for clearer legal assurances.

20/01 Mugshot, khaki uniform and solitary cell for South Korea's detained President Yoon

South Korea's impeached President Yoon Suk Yeol has spent his first night incarcerated as a pre-trial inmate at the Seoul Detention Centre after a court issued a formal detention warrant on Sunday to hold him for up to 20 days.

16/01 US blacklists Chinese companies over TSMC chips in Huawei processor

The Biden administration added more than two dozen Chinese entities to a U.S. restricted trade list on Wednesday, including Zhipu AI, a developer of large language models, and Sophgo, a company whose TSMC-made chip was illegally incorporated into a Huawei artificial intelligence processor.

13/01 Apple, Samsung smartphone shipments fall in fourth quarter as China competition bites, IDC says

Smartphone shipments for Apple and Samsung declined in the fourth quarter globally, as they grapple with intense competition from Chinese companies including Xiaomi, according to preliminary data from the International Data Corporation (IDC) on Monday.

09/01 Breakingviews - Altered states will rule in 2025: podcast

Follow on Apple or Spotify. Listen on the Reuters app. Read the episode transcript.

08/01 Samsung Q4 profit outlook misses estimates by large margin as chip issues drag

Samsung Electronics released on Wednesday a fourth-quarter operating profit estimate that missed analyst estimates by a large margin, as it lagged behind rival SK Hynix in supplying high-end chips to Nvidia .

31/12 Samsung Electronics becomes largest shareholder of South Korea's Rainbow Robotics

Samsung Electronics became the largest shareholder of South Korea's Rainbow Robotics , the robotics company said in a regulatory filing on Tuesday.

30/12 Breakingviews - Smart glasses give tech giants dangerous FOMO

Smart glasses will come into focus in 2025. Meta’s collaboration with EssilorLuxottica has become a bestseller in most Ray-Ban stores across Europe, the Middle East and Africa, with total sales topping 1 million units, according to Counterpoint Research. Early success has emboldened rivals to develop their own specs.

21/12 Google says it could loosen search deals in US antitrust case

Alphabet's Google proposed on Friday a loosening of its agreements with Apple and others to set Google as the default search engine on new devices to address a U.S. ruling that it unlawfully dominates online search.

21/12 US finalizes up to $6.75 billion in chips awards for Samsung, Texas Instruments, Amkor

The U.S. Commerce Department said on Friday it was finalizing an award of up to $4.745 billion to South Korea's Samsung Electronics and up to $1.61 billion for Texas Instruments to expand chip production.

19/12 Breakingviews - Brick phones will ring in an unlikely revival

Smartphone makers will soon face an unlikely competitor. Concerns about the impact of social media are driving demand for old-school Nokia brick-like handsets, now known as feature phones. If Apple and Samsung don’t find a way of selling safer versions, they may lose out.

16/12 Breakingviews - US-China tech war will hold Asian allies hostage

China will turn Washington’s technology weapons on its Asian neighbours in 2025. U.S. curbs on imports of semiconductors and other goods have hobbled advances in artificial intelligence in the world’s second-largest economy. The People’s Republic is starting to retaliate. Its leverage over corporate giants in Japan and South Korea makes them prime hostage targets.

12/12 South Korea's tourism, soft power gains, at risk from extended political crisis

From plastic surgery clinics to tour firms and hotel chains, South Korea's hospitality sector is wary of the potential impact of a protracted political crisis, as some overseas travellers cancel trips following last week's brief bout of martial law.

09/12 India antitrust body seeks Supreme Court hearing to expedite Amazon, Flipkart cases

India's antitrust body has asked the Supreme Court to hear legal challenges to an investigation of Amazon and Walmart's Flipkart e-commerce platforms, saying those challenges, filed by Samsung, Vivo and others at Indian high courts, were aiming to scuttle the probe.

06/12 Vietnam's soaring US trade surplus stokes new fears of Trump tariffs

Vietnam is vulnerable to becoming the new Trump administration's next target for tariffs as data shows its trade surplus with the United States ballooning, industry executives and analysts said.

04/12 Breakingviews - South Korea curveball adds new 2025 risks

An abortive coup in South Korea was probably not on anyone's bingo card for 2024. Great Power tensions have tended to dominate. Enter President Yoon Suk Yeol, who shocked the world by declaring martial law on Tuesday night, only to make an embarrassing U-turn just hours later after both his own and opposition parties forced their way into parliament to vote down his decree. The crisis in the $2 tr

04/12 South Korea vows unlimited liquidity after political turmoil; BOK meets

South Korea's finance ministry said on Wednesday it is ready to deploy "unlimited" liquidity into financial markets if needed after President Yoon Suk Yeol lifted a martial law declaration he imposed overnight that pushed the won to multi-year lows.

03/12 US targets China's chip industry with new restrictions

The United States on Monday launched its third big crackdown in three years on China's semiconductor industry, curbing exports to 140 companies, including chip equipment maker Naura Technology Group , among other moves.

02/12 Exclusive: Latest US strike on China's chips hits semiconductor toolmakers

The US will launch its third crackdown in three years on China's semiconductor industry on Monday, restricting exports to 140 companies.

27/11 Samsung Electronics replaces chip business heads, CFO in sweeping reshuffle

Samsung Electronics on Wednesday announced new heads of its memory and foundry chip units, as it scrambles to catch up with SK Hynix and Taiwan's TSMC in the booming AI chip market.

25/11 South Korea prosecutors seek 5-yr jail term for Samsung Elec chief in appeals case

South Korean prosecutors requested on Monday a five-year jail term for Samsung Electronics Chairman Jay Y. Lee over actions in a controversial merger of affiliates that helped solidify his control in a case being tried at an appeals court.

22/11 Samsung ordered to pay $118 million for infringing Netlist patents

A federal jury in Marshall, Texas, on Friday awarded computer memory company Netlist $118 million in damages from Samsung Electronics in a patent lawsuit over technology for improving data processing in high-performance memory products.

15/11 Samsung Electronics plans $7.2 bln buyback to boost shareholder value

Samsung Electronics plans to buy back shares worth 10 trillion won ($7.17 billion) over a one-year period to boost shareholder value, it said in a regulatory filing submitted after the market closed on Friday.

15/11 US finalizes $6.6 billion chips award for TSMC ahead of Trump return

The U.S. Commerce Department said Friday it has finalized a $6.6 billion government subsidy for Taiwan Semiconductor Manufacturing Co's U.S. unit for semiconductor production in Phoenix, Arizona.

14/11 Samsung Electronics says it reaches preliminary wage deal with union

Union members will vote on the deal for one week.

13/11 Samsung Electronics shares hit lowest in more than four years

Shares in Samsung Electronics extended declines to a fourth straight session on Wednesday, hitting their lowest level in more than four years.

12/11 South Korea ruling party seeks to aid chipmakers to avert Trump threat

South Korea's ruling party introduced legislation on Monday to give chipmakers subsidies and an exemption from a national cap on working hours, to tackle potential risks from measures threatened by incoming U.S. President Donald Trump.

07/11 What Trump's 2024 election win means for Asian companies

Donald Trump has been elected U.S. president, capping a remarkable comeback four years after he was voted out of the White House.

06/11 Qualcomm forecasts beats estimates, shares jump 8.5%

Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits a wave of launches of flagship Chinese smartphones, and its shares rose 8.5% in extended trading.

01/11 Indonesia bans sales of Google phones days after blocking Apple's iPhone 16

Indonesia said it has banned sales of smartphones made by Alphabet's Google due to rules requiring the use of locally manufactured components, days after blocking sales of tech giant Apple's iPhone 16 for the same reason.

31/10 Samsung posts weaker profit recovery as it misses out on AI boom

Samsung Electronics said its third-quarter profit jumped from a year earlier, but the pace of recovery weakened from the prior quarter as it struggles to cash in on the AI boom that has benefited chip rivals like TSMC and SK Hynix .

29/10 China detains South Korean on suspicion of espionage

China confirmed on Tuesday the detention of a South Korean citizen suspected of espionage, saying it had advised embassy officials, but without identifying the individual or detailing the charges.

24/10 Nvidia supplier SK Hynix posts record Q3 profit, beats forecasts

South Korea's SK Hynix on Thursday posted a record quarterly profit as the Nvidia supplier saw strong sales of its advanced chips such as high bandwidth memory (HBM) ones used in generative AI chipsets.

11/09 Exclusive: Samsung Electronics plans global job cuts of up to 30% in some divisions

Samsung Electronics , the world's top maker of smartphones, TVs and memory chips, is cutting up to 30% of its overseas staff at some divisions, three sources with direct knowledge of the matter told Reuters.

11/09 Factories in Vietnam's export hubs face weeks of disruption after typhoon

Typhoon Yagi caused severe damage to many factories and flooded warehouses in northern Vietnam's export-oriented industrial hubs, with some shuttered plants expected to need weeks to return to full operation, executives said.

11/09 How AI features of iPhone and rival smartphones stack up

Apple unveiled a raft of AI-powered features for its latest iPhone 16 lineup at an event on Monday, as global smartphone makers turn to generative AI to encourage customers to upgrade.

11/09 Samsung India workers ramp up wage protests as strike enters third day

Hundreds of workers at Samsung Electronics' southern India plant boycotted work for a third day on Wednesday to demand better wages and working conditions, disrupting output at a consumer electronics facility key for the global tech giant.

10/09 Workers strike at Samsung India plant enters day 2, production to be hit

Hundreds of Samsung Electronics employees went on a strike at a plant in southern India for a second day on Tuesday to demand higher wages, disrupting operations at the South Korean giant.

10/09 Huawei teases tri-fold smartphone, raising competition with Apple in China

China's Huawei Technologies (HWT.UL) unveils a three-way foldable phone on Tuesday, as it seeks to widen its lead over Apple in the world's biggest smartphone market with a new form factor that has gained popularity in the China market.

29/08 Asian firms' earnings outlook improves as chip sector shines

A key Asia stock index has gained its biggest lift in earnings projections in more than three years, as the region's semiconductor firms benefit from the boom in generative artificial intelligence.

14/08 Decentralized AI network Sahara raises fresh capital in Samsung-backed round

Sahara AI, a startup integrating the blockchain and artificial intelligence, said on Wednesday it raised $43 million in a funding round led by venture capital investors Pantera Capital, Binance Labs and Polychain Capital.

08/08 North Korea athletes have not received Samsung smartphones at Paris Games - IOC

North Korean team members have not received Olympic sponsor Samsung's smartphones that were given free to all athletes at the Paris 2024 Games, the International Olympic Committee (IOC)said on Thursday.

07/08 Next Games will have more product placement, commercial opportunities-IOC

From selfies with Samsung phones on the podium to Louis Vuitton cases at the opening ceremony, the Paris Olympics have widened the scope for sponsors' product placement like never before, and this trend will continue in future Games, the International Olympic Committee said on Wednesday.

07/08 Exclusive: Samsung's 8-layer HBM3E chips clear Nvidia's tests for use, sources say

A version of Samsung Electronics' fifth-generation high bandwidth memory (HBM) chips, or HBM3E, has passed Nvidia's tests for use in its artificial intelligence (AI) processors, three sources briefed on the results said.

06/08 Exclusive: Chinese firms stockpile high-end Samsung chips as they await new US curbs, say sources

Chinese tech giants including Huawei and Baidu as well as startups are stockpiling high bandwidth memory (HBM) semiconductors from Samsung Electronics in anticipation of U.S. curbs on exports of the chips to China, three sources said.

12/07 India's Ambani wedding spectacle gets political with Modi posters

The wedding of a scion from India's ultra-wealthy Ambani family - much in the news for its opulent celebrations and VIP-studded guest list - has suddenly developed more political overtones with posters of Prime Minister Narendra Modi now lining the road to the venue.

11/07 Hedge funds turn to South Korea for next wave in AI

Hedge funds hunting for artificial intelligence-related stock market bargains are rushing into South Korea's chipmakers, betting a new wave of demand for high-end memory chips and government spending makes them more valuable.

10/07 Samsung bolsters AI in foldable phones, health monitoring in smartwatch, ring

Samsung Electronics unveiled its latest foldable smartphones on Wednesday, making its priciest flagship model lighter and slimmer and bolstering AI functions as it challenges Apple's dominance in the premium market.

10/07 Samsung Elec union in South Korea says it will strike indefinitely

A workers' union at tech giant Samsung Electronics in South Korea said on Wednesday it would continue to strike indefinitely, stepping up its campaign for better pay and benefits.

09/07 Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks

Samsung Electronics said on Tuesday it won an order from Japanese artificial intelligence company Preferred Networks to make chips for AI applications using the South Korean firm's 2-nanometre foundry process and advanced chip packaging service.

08/07 Samsung workers' union in South Korea kicks off three-day strike

A workers' union at Samsung Electronics in South Korea is set to stage a three-day strike from Monday and has warned it could take further action against the country's most powerful conglomerate at a later date.

05/07 Samsung flags better-than-expected profit rise as AI boom lifts chip prices

Samsung Electronics estimated on Friday a more than 15-fold rise in its second-quarter operating profit, as rebounding semiconductor prices driven by the artificial intelligence boom lifted earnings from a low base a year ago.

04/07 AI frenzy expected to have boosted Samsung Q2 profit 13-fold

Samsung Electronics is expected to post a 13-fold increase in second-quarter profit from a year earlier as demand for artificial intelligence technology fuels a rebound in memory chip prices.

30/06 South Korea's SK Hynix to invest $75 bln by 2028 in AI, chips

South Korea's SK Hynix , the world no.2 memory chip maker, will invest 103 trillion won ($74.6 billion) through 2028 to strengthen its chips business, focusing on AI, its parent SK Group said on Sunday.

28/06 AI deals between Microsoft and OpenAI, Google and Samsung, in EU crosshairs

Microsoft's partnership with OpenAI could face an EU antitrust investigation as regulators singled out their exclusivity clauses while Google's artificial intelligence deal with Samsung also triggered scrutiny.

13/06 South Korea to extend stock short-selling ban for now

South Korea said on Thursday the ban on short-selling of stocks will be extended for now as the government focuses on developing a system to control illicit trading practices before resuming the trading strategy.

10/06 Arm, Qualcomm legal battle seen disrupting AI-powered PC wave

A two-year legal battle pitting two tech titans threatens to disrupt an emerging wave of new personal computers powered by artificial intelligence, tech industry executives and experts say.

07/06 Samsung Electronics' union set to stage first walkout on Friday

A Samsung Electronics union in South Korea is due to stage on Friday the first walkout at the technology giant, but some analysts did not expect the labour action over pay and conditions to have a major impact on chip production.

03/06 ASML, Belgium's Imec open laboratory to test newest chip-making tool

ASML , the biggest maker of equipment used to manufacture semiconductors, said on Monday it has opened a test laboratory for its High NA EUV lithography equipment, together with Belgium chip research firm Imec.

02/06 Nvidia says its next-generation AI chip platform to be rolled out in 2026

Nvidia Chief Executive Jensen Huang said on Sunday that the company's next-generation artificial intelligence (AI) chip platform was called Rubin and would be rolled out in 2026.

29/05 UAE president visits South Korea with defence and energy on agenda

United Arab Emirates President Sheikh Mohammed bin Zayed Al Nahyan arrived in South Korea on Tuesday, where his plane was met by an honorary escort of four fighter jets before he landed for his first state visit to Asia's fourth-biggest economy.

26/05 Samsung encouraged to invest more in China, Premier Li Qiang says

Chinese Premier Li Qiang told Samsung Chairman Jay Y. Lee on Sunday that China welcomed further investment by the Korean conglomerate, state news agency Xinhua reported, as foreign businesses in the Chinese market struggle to navigate geopolitical uncertainties.

24/05 Amid chants and K-pop, Samsung union stages rare rally for fair wages

Against a backdrop of K-pop performances and dance music, more than 2,000 unionised workers from Samsung Electronics gathered in Seoul on Friday, holding a rare rally to demand the South Korean technology giant pay fair wages.

24/05 Exclusive: Samsung's HBM chips failing Nvidia tests due to heat and power consumption woes, sources say

Samsung Electronics' latest high bandwidth memory (HBM) chips have yet to pass Nvidia's tests for use in the U.S. firm's AI processors due to heat and power consumption problems, three people briefed on the issues said.

21/05 Second global AI summit secures safety commitments from companies

Sixteen companies at the forefront of developing Artificial Intelligence pledged on Tuesday at a global meeting to develop the technology safely at a time when regulators are scrambling to keep up with rapid innovation and emerging risks.

21/05 European labs led by imec to receive $2.7 billion in Chips Act funding

Leading European research labs will receive 2.5 billion euros ($2.72 billion) in funding under the European Chips Act to set up a pilot line to develop and test future generations of advanced computer chips, Belgium's imec said on Wednesday.

21/05 Samsung Electronics picks veteran executive to tackle 'chip crisis' amid AI boom

Samsung Electronics has replaced the chief of its semiconductor division to help the group overcome a "chip crisis", amid a booming market for AI chips where analyst say the world's biggest memory chipmaker lags peers.

15/05 Chinese firms make headway in producing high bandwidth memory for AI chipsets

Two Chinese chipmakers are in the early stages of producing high bandwidth memory (HBM) semiconductors used in artificial intelligence chipsets, according to sources and documents.

04/05 Google trial wraps up as judge weighs landmark US antitrust claims

Google and the U.S. Justice Department wrapped up closing arguments on Friday over claims that the Alphabet unit has unlawfully dominated web search and related advertising, in a case the government contends could shape the “future of the internet.”

03/05 Apple unveils record $110 billion buyback as results beat low expectations

Apple's quarterly results and forecast beat modest expectations on Thursday, as the iPhone maker unveiled a record share buyback program, sending its stock up 6% in extended trade.

02/05 US judge questions Google, DOJ in market power trial closing

U.S. District Judge Amit Mehta peppered the Justice Department and Alphabet's Google with questions in the first day of closing arguments in the government's antitrust lawsuit against the online search leader.

30/04 No joke as Kid Karam eyes breaking new ground in Paris

Weeks before his eighth birthday, Karam Singh joked about becoming a break dancer while watching a Justin Timberlake video and, 16 years on, Kid Karam is preparing for the Paris 2024 Olympics.

30/04 Samsung says AI to drive technology demand in second half

Samsung Electronics said on Tuesday it expected demand for artificial intelligence to hold strong in the second half, driving sales of memory chips and tech devices, as it reported a more than 10-fold rise in first-quarter operating profit.

18/04 Breakingviews - Vietnam’s stability gets rude $24 bln shock

Companies derisking their supply chains from China have rushed to Vietnam, but their new stomping ground may not offer much more in the way of stability. The Southeast Asian country’s central bank has provided an “unprecedented” $24 billion of “special loans” to Saigon Joint Stock Commercial Bank between October 2022 and the start of this month, Reuters reported on Wednesday, citing documents and

16/04 TSMC first-quarter profit expected to rise 5% on strong AI chip demand

Taiwan Semiconductor Manufacturing Co , , the dominant producer of advanced chips used in artificial intelligence applications, is expected to report a 5% rise in first-quarter profit on Thursday thanks to strong demand.

15/04 US to award Samsung $6.4 bln in grants for Texas chip production complex

The Biden administration will award up to $6.4 billion in grants to South Korea's Samsung to expand its chip production in central Texas as part of a broader effort to expand U.S. chipmaking, the Department of Commerce said on Monday.

15/04 Apple loses top phonemaker spot to Samsung as iPhone shipments drop, IDC says

Apple's smartphone shipments dropped about 10% in the first quarter of 2024, hurt by intensifying competition by Android smartphone makers aiming for the top spot, data from research firm IDC showed on Sunday.

09/04 South Korea to invest $7 billion in AI in bid to retain edge in chips

South Korean President Yoon Suk Yeol said on Tuesday his country will invest 9.4 trillion won ($6.94 billion) in artificial intelligence by 2027 as part of efforts to retain a leading global position in cutting-edge semiconductor chips.

08/04 Samsung to get $6-7 billion in chip subsidy next week for Texas expansion, sources say

The Biden administration plans to announce it is awarding between $6 billion and $7 billion to South Korea's Samsung next week to expand its chip output in Taylor, Texas, as it seeks to ramp up chipmaking in the U.S., two people familiar with the matter said.

08/04 TSMC wins $6.6 billion US subsidy for Arizona chip production

The U.S. Commerce Department said Monday it would award Taiwan Semiconductor Manufacturing Co's (TSMC) U.S. unit a $6.6 billion subsidy for advanced semiconductor production in Phoenix, Arizona and up to $5 billion in low-cost government loans.

05/04 Samsung flags 10-fold rise in first-quarter profit as chip prices recover

Samsung Electronics estimated on Friday a more than 10-fold rise in its first-quarter operating profit, as rebounding semiconductor prices lifted earnings from a low base a year ago when there was a severe downturn in chip demand.

03/04 Intel discloses $7 billion operating loss for chip-making unit

Intel on Tuesday disclosed deepening operating losses for its foundry business, a blow to the chipmaker as it tries to regain a technology lead it lost in recent years to Taiwan Semiconductor Manufacturing .

22/03 Apple antitrust suit mirrors strategy that beat Microsoft, but tech industry has changed

The U.S. government's antitrust lawsuit against Apple draws on the watershed 1998 case that broke Microsoft's stranglehold on desktop software, but that may prove to be an imperfect blueprint for addressing smartphone competition.

20/03 What’s next for Vietnam after Vo Van Thuong resigns?

Vietnam is seeking its third president in little more than a year after its ruling Communist Party on Wednesday forced the resignation of Vo Van Thuong, who was only elected last year after the sudden dismissal of his predecessor.

19/03 Nvidia supplier SK Hynix begins mass production of next generation memory chip

SK Hynix Inc said on Tuesday it has begun mass production of next-generation high-bandwidth memory (HBM) chips used in artificial intelligence chipsets, with sources saying initial shipments will go to Nvidia this month.

15/03 US agency probes risks of foreign satellite use by handheld devices

The Federal Communications Commission said Thursday it is investigating if the use of Russian and Chinese foreign satellite systems by U.S. mobile phones and other devices poses security threats.

13/03 Exclusive: Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up, sources say

Samsung Electronics plans to use a chip making technology championed by rival SK Hynix, five people said, as the world's top memory chipmaker seeks to catch up in the race to produce high-end chips used to power artificial intelligence.

09/03 Musk says X's long-form videos will soon be available on smart TVs

Long-form videos will soon be available on smart televisions, billionaire Elon Musk said, after Fortune magazine reported that social network X planned to launch next week a TV app for Amazon and Samsung users.

06/03 AI chip manufacturing subsidy leaves US officials with tough choices

U.S. officials have earmarked close to $30 billion in subsidies for advanced semiconductor manufacturing, aiming to bring cutting-edge artificial-intelligence chip development and manufacturing to American soil.

29/02 South Korea's Yoon, Meta's Zuckerberg discuss AI, digital ecosystems

South Korean President Yoon Suk Yeol met Meta's CEO Mark Zuckerberg on Thursday for talks to explore ways to increase cooperation with the U.S. company in artificial intelligence (AI) and digital ecosystems, Yoon's office said.

29/02 Breakingviews - Baidu may be the world's most unloved AI stock

Global investors just can't get enough of AI stocks, except if it's Baidu , . China's $36 billion search-engine operator lags artificial intelligence leaders like Microsoft , but has made progress on its answer to OpenAI's ChatGPT. Yet its stock plunged 8% in New York trading on Wednesday despite decent results. It now trades below 10 times forward earnings. Blame a wider rout in Chinese equities

27/02 Meta's Zuckerberg in South Korea, expected to discuss AI

Meta CEO Mark Zuckerberg arrived in South Korea late on Tuesday, where he is expected to hold talks on artificial intelligence and have meetings with President Yoon Suk Yeol and the heads of some of the country's tech powerhouses.

27/02 Meta CEO Zuckerberg meets Japan PM Kishida in Tokyo to discuss AI

Meta Platforms Chief Executive Mark Zuckerberg discussed artificial intelligence issues with Japanese Prime Minister Fumio Kishida on Tuesday during the Facebook founder's trip through Asia.

27/02 Vietnam plans union reform to avert trade woes, risking foreign firms' unease

Communist-ruled Vietnam is expected to ratify this year the UN convention for the free establishment of trade unions, UN officials and diplomats said, in a move meant to cut risks of trade disputes but likely leaving some foreign companies uneasy.

22/02 US FDA warns against using smartwatches to measure blood glucose

The U.S. Food and Drug Administration warned consumers on Wednesday against using smartwatches or smart rings that claim to measure blood glucose levels without piercing the skin, regardless of manufacturer or brand.

15/02 Applied Materials sees quarterly revenue above estimates on AI boom

Semiconductor equipment supplier Applied Materials forecast second-quarter revenue above Wall Street estimates on Thursday, on strong demand for AI chips and a recovery in the personal computer market, sending its shares up 8% in extended trading.

13/02 Exclusive: India IT ministry fears losing out to China, Vietnam in smartphone exports race

India risks losing out to China and Vietnam as it seeks to become a major smartphone export hub and must "act fast" to lure global companies with lower tariffs, the deputy IT minister said in government documents seen by Reuters.

11/02 Exclusive: Xiaomi says India's scrutiny of Chinese firms unnerves suppliers

China's Xiaomi has told New Delhi that smartphone component suppliers are wary about setting up operations in India amid heavy scrutiny of Chinese companies by the government, according to a letter and a source with direct knowledge of the matter.

09/02 Baidu partners with Lenovo in third China AI smartphone deal

China's Baidu has partnered with Lenovo to feature its generative artificial intelligence (AI) technology on Lenovo's smartphones, in the latest team up with a phone manufacturer as it seeks practical applications for its AI model.

05/02 Nokia signs 5G patent deal with China's Vivo

Finnish telecom equipment maker Nokia said on Monday it has signed a multi-year 5G patent license agreement with Chinese smartphone vendor Vivo and will begin recognising net sales from the deal in the first quarter of 2024.

05/02 Samsung chief Lee cleared of charges in 2015 merger case

Samsung Electronics Chairman Jay Y. Lee was found not guilty of accounting fraud and stock manipulation by a Seoul court on Monday in a case about a 2015 merger of Samsung affiliates that prosecutors said was designed to cement his control of the tech group.

04/02 Vision Pro headset is Apple's next Mac and TV combined

Apple's Vision Pro could upend how people watch television at home and how they use computers at work, potentially positioning the headset to be a successor to both traditional television and the Mac.

31/01 Samsung sees tech devices demand recovering in 2024 after Q4 profit drop

Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34% on-year drop in fourth-quarter profit despite a memory price rebound, as consumer demand remained weak in many businesses.

17/01 Samsung packs newest Galaxy S24 smartphones with AI functions to beat Apple

Samsung Electronics latest premium smartphones, unveiled on Wednesday, will have multiple AI functions, such as simultaneous translation of foreign language phone calls, in the company's latest push to challenge Apple .

17/01 Apple overtakes Samsung as top seller of smartphones

Apple ended Samsung Electronics' 12-year run as the largest seller of smartphones in the world, after commanding a 20% share of the market in 2023, according to data from International Data Corp.

15/01 South Korea's Yoon pledges to extend tax benefits for chip investments

South Korean President Yoon Suk Yeol said on Monday that he would extend tax credits on investments in the domestic semiconductor industry to boost employment and attract more talent.

10/01 Samsung Elec family shares block sale seen at $1.66 billion - reports

The mother and two sisters of Samsung Electronics Chairman Jay Y. Lee plan to sell shares in the tech giant in a block deal seen worth about 2.19 trillion won ($1.66 billion), South Korean newspapers reported on Wednesday.

09/01 Samsung flags bigger-than-expected Q4 profit drop on weak demand

Samsung Electronics Co Ltd reported a likely 35% drop in fourth-quarter operating profit on Tuesday, much worse than analysts expected as weak consumer demand persisted in many of its businesses even as memory chip prices improved.

08/01 India's Modi to lure tech, EV investments at Gujarat summit as poll looms

Indian Prime Minister Narendra Modi will roll out the red carpet for hundreds of domestic and foreign investors visiting his home state of Gujarat this week for a business event, in one of his last major efforts to draw investments before a re-election bid.

05/12 AT&T chooses Ericsson for new US telecom network, will drop Nokia

AT&T said on Monday it chose Ericsson to build a telecom network that uses only so-called ORAN technology and which will cover 70% of its wireless traffic in the United States by late 2026, marking a milestone for the new technology.

29/11 Vietnam parliament approves global minimum corporate tax

Vietnam will raise its effective tax rate applied to Samsung and other multinationals to 15% from January as part of a global tax reform, its legislature decided on Wednesday though it delayed measures to offset the higher levy.

27/11 Vietnam set to raise effective tax rate on multinationals as part of global deal

Vietnam's parliament is set to approve on Wednesday a top-up tax for multinationals, which will raise the effective rate of the corporate levy to 15% from January in line with a global agreement.

17/11 Samsung boss Jay Y Lee faces final hearing over alleged fraud, stock manipulation

Samsung Electronics Executive Chairman Jay Y. Lee faces a final court hearing on Friday over accounting fraud and stock price manipulation charges involving an $8 billion merger of two Samsung affiliates in 2015.

13/11 Chinese chipmaker YMTC sues Micron alleging patent infringement

Chinese chipmaker Yangtze Memory Technologies Co (YMTC) has filed a lawsuit against U.S. rival Micron Technology alleging infringement of eight of its patents.

08/11 Samsung, Qualcomm flag concerns with India's push for live TV on phones

Samsung and Qualcomm are among those opposing India's choice of technology to bring live TV broadcasts on smartphones, arguing the required hardware changes will push up a device's cost by $30, according to letters reviewed by Reuters.

07/11 Breakingviews - Workers are missing cog in US manufacturing gears

There’s a spanner in the freshly restarted U.S. manufacturing machine. A factory construction boom sparked by President Joe Biden’s industrial policies has led to unbridled optimism about the sector for the first time in decades. The hardest part of the process hangs in the balance, however: filling all the anticipated job openings.

05/11 Foxconn sticks to strong end-of-year sales outlook

Taiwan's Foxconn , the world's largest contract electronics maker and a major Apple supplier, on Sunday stuck to its previous outlook of strong year-end holiday sales, and said customers were buying well in China and the United States.

01/11 Qualcomm forecasts beast estimates, shares rise

Chip designer Qualcomm forecast first-quarter sales and profits above Wall Street targets on Wednesday as a smartphone sales slump finally starts to ease and a renewed contract with Apple helps boost its outlook.

31/10 Samsung says chips to recover in 2024 after best quarterly profit this year

Samsung Electronics on Tuesday flagged a gradual recovery in demand in 2024 after reporting its highest quarterly profit so far this year, as the battered memory chip market began showing signs of a rebound from a severe downturn.

26/10 SK Hynix says AI boom will drive profits after Q3 loss narrows

South Korea's SK Hynix said a boom in artificial intelligence will drive chip profits after posting a sharply narrower third quarter loss than it did in the previous quarter.

24/10 Corning's shares fall as the Apple supplier forecasts Q4 core sales below estimates

Corning forecast fourth-quarter core sales below market expectations on Tuesday, as the specialty glass maker grapples with slowing demand for its optical fibre cables from the telecom sector.

23/10 Chinese retailers offer deep iPhone 15 discounts

Chinese e-commerce platforms including PDD Holdings' Pinduoduo and Alibaba's Taobao are offering deep discounts on Apple's latest iPhone 15 series, with some selling models up to 900 yuan ($123) below the retail price.

12/10 Five things to know about the Google antitrust trial as it hits halfway mark

The U.S. government is near the halfway mark in its court battle with Alphabet's Google, which it has accused of breaking antitrust law with the tactics it used to dominate online search and some aspects of advertising.

12/10 India accuses China's Vivo of visa violations, siphoning off $13 bln

Many employees of Chinese smartphone maker Vivo and its Indian affiliates concealed their employment when seeking visas, and some breached rules by visiting the "sensitive" Himalayan region of Jammu and Kashmir, India's financial crime agency has said.

11/10 Exclusive: Indian government panel wants car ratings tied to improved connectivity, draft report shows

An Indian government panel has recommended that automakers who step up connectivity features in cars to communicate with other vehicles and external systems should win better ratings on crash tests, a draft report showed, in a bid to boost road safety.

11/10 Samsung Q3 profit beats expectations, raising hopes of chip recovery

Samsung Electronics on Wednesday said its preliminary third-quarter profit dropped by a smaller-than-expected 78%, as the battered memory chip market shows early signs of recovering from a severe downturn.

10/10 Samsung Q3 profit set to slump 80% as chip losses persist

Samsung Electronics' third-quarter profit is expected to drop 80% from a year earlier as the effects of an ongoing global chip glut drive losses in what is normally the South Korean tech giant's cash cow business.

09/10 Arm's shares get helping hand as IPO banks weigh in with ratings

Shares of Arm Holdings rose 3% on Monday after a wave of "buy" ratings from Wall Street analysts who said that the chip designer's dominance in the smartphone market and potential for expansion into data centers could power earnings growth.

27/09 US to indefinitely extend China waiver for South Korean chipmakers -Yonhap

The U.S. is expected to indefinitely extend a waiver granted to South Korean chipmakers Samsung Electronics and SK Hynix on needing licenses to bring U.S. chip equipment into China, Yonhap news agency reported on Wednesday.

23/09 India to delay import licensing of laptops after US, industry push back, sources say

India will defer an import licence requirement for laptops and tablets, two government officials said, a policy U-turn after industry and the U.S. government complained about the move, which could hit Apple , Samsung and others.

16/09 Verizon executive kicks off week two of US v Google antitrust trial

The Justice Department's first witness when the government kicks off the second week of the Google antitrust trial will be a Verizon executive, who will likely face questions about agreements that the search and advertising giant reached with wireless carriers to be the default on their smartphones.

16/09 SoftBank's chip designer Arm ends down, day after $65 bln Nasdaq debut

Shares of SoftBank's Arm Holdings closed a volatile session lower on Friday, a day after a stellar Nasdaq debut that valued the British chip designer at $65 billion.

15/09 LVMH, Gucci to expand in India with new outlets in Reliance's luxury mall

Gucci, Cartier and Louis Vuitton are among brands to sign leases for stores in Indian tycoon Mukesh Ambani's new Mumbai mall, as luxury firms and Reliance Industries seek to profit from strong economic growth and a rapid rise in the number of millionaires.

14/09 SoftBank's Arm eyes up to $64.1 bln valuation in likely stellar Nasdaq debut

SoftBank's Arm Holdings was set to fetch a valuation of up to $64.1 billion in its Nasdaq debut on Thursday, as shares of the chip designer were set to blow past their offer price.

13/09 SoftBank's Arm valued at $54.5 bln in year's biggest IPO

Chip designer Arm Holdings Plc secured a $54.5 billion valuation in its U.S. initial public offering (IPO) on Wednesday, seven years after its owner SoftBank Group Corp took the company private for $32 billion.

11/09 For retail investors, jumping on Arm's blockbuster IPO is a risky business

Retail traders getting their first bite at Arm Holdings' highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings.

11/09 Exclusive: SoftBank's Arm eyes pricing IPO at top of range or above, sources say

Arm, the chip designer owned by SoftBank Group Corp , is getting close to securing enough investor support to attain the fully diluted valuation of $54.5 billion it was seeking in its initial public offering (IPO) at the top of its indicated range, and is considering asking investors to value it higher, people familiar with the matter said on Sunday.

06/09 Big Tech's core businesses face overhaul under EU tech rules

The EU Commission on Wednesday designated 22 services of six major tech companies as "gatekeepers" of online services providing messaging to video sharing in its latest crackdown on Big Tech.

05/09 SoftBank's Arm aims for over $52 bln valuation in biggest US IPO of the year

SoftBank Group's Arm is seeking a valuation of more than $52 billion in its initial public offering, the chip designer said on Tuesday as it begins marketing for the biggest U.S. stock market flotation of the year.

02/09 Exclusive: Arm signs up big tech firms for IPO at $50 bln-$55 bln valuation -sources

Customers of Arm Holdings Ltd including Apple Inc , Nvidia Corp , Alphabet Inc and Advanced Micro Devices Inc have agreed to invest in the chip designer's initial public offering, according to people familiar with the matter.

01/09 Arm prepares to meet investors ahead of blockbuster IPO, sources say

Arm Holdings Ltd plans to launch its roadshow for investors after Labor Day, as the chip designer prepares for its much-anticipated initial public offering (IPO) in September, according to people familiar with the matter.

28/08 US Commerce chief raised Micron, Intel with Chinese officials

U.S. Commerce Secretary Gina Raimondo said on Monday that she raised concerns about a number of U.S. business issues including Intel and Micron with Chinese Commerce Minister Wang Wentao.

28/08 South Korea to toughen punishments for technology leaks in chips, displays

South Korea said on Monday it will toughen sentencing for stealing industrial secrets, after concerns that current regulation was not strong enough to deter attempts to funnel technologies from companies like Samsung .

21/08 China's Honor stages India return with local manufacturing plans in early 2024

Chinese smartphone brand Honor will relaunch in India through a licensing deal with a local company and is aiming to start domestic manufacturing by early next year, its country head told Reuters.

11/08 ChatGPT fever spreads to US workplace, sounding alarm for some

Experts say firms are right to be wary.

04/08 Judge allows key US antitrust Google search claims to go to trial

A U.S. judge hearing the Justice Department's antitrust lawsuit accusing Google of unlawfully maintaining monopolies in the internet search market let stand key claims made by the federal government.

03/08 Hindu-Muslim riots expose risk at major Indian business hub

Hindu-Muslim clashes just outside the Indian capital this week have worsened religious fault lines in the region and exposed a booming business hub to threats of violence and disruption, authorities and analysts said.

03/08 India restricts import of laptop, computers to push local manufacturing

India has restricted imports of laptops, tablets and personal computers with immediate effect, according to a government notice on Thursday, in a bid to push local manufacturing.

03/08 AI chip firm Tenstorrent raises $100 mln from Hyundai, Samsung

Tenstorrent, a Canadian startup headed by chip industry veteran Jim Keller that is developing artificial intelligence chips, said on Wednesday it has raised $100 million from Hyundai Motor Group and a Samsung investment fund, among others.

02/08 Major global firms warn of slow China sales as post-pandemic surge fades

From consumer goods giant Unilever to automaker Nissan and machinery maker Caterpillar , global firms have warned of slowing earnings in China as the world's second-largest economy loses its post-pandemic bounce.

28/07 Chipmakers signal supply glut easing but demand recovery still slow

From Intel to Samsung , global chipmakers are celebrating the beginning of the end of a semiconductor supply glut, but the outlook for demand from customers outside the artificial intelligence (AI) industry remains gloomy.

27/07 Samsung expects gradual global chip demand rebound in H2

Samsung Electronics flagged on Thursday a gradual global chip demand recovery after an ongoing glut led to continued losses in the technology giant's key business in the June quarter, despite a production cut.

27/07 Samsung going in 'right direction' in China market, mobile chief says

Samsung Electronics' mobile chief said Samsung is "going in the right direction" in China, the world's largest mobile market, as it seeks to raise its lagging market share by boosting premium offerings and ties with local content firms.

18/07 White House partners with Amazon, Google, Best Buy to secure devices from cyberattacks

The White House on Tuesday along with companies such as Amazon.com Inc , Alphabet's Google and Best Buy will announce an initiative that allows Americans to identify devices that are less vulnerable to cyberattacks.

17/07 Chip cos, top US officials meet on China policy, source says

Senior U.S. chip company executives are holding meetings with Commerce Secretary Gina Raimondo, National Economic Council director Lael Brainard, and National Security Council director Jake Sullivan on Monday to discuss China policy, a source told Reuters.

16/07 China's Xiaomi bets bigger on India retail stores amid Samsung rivalry

China's Xiaomi will focus on boosting its India sales from retail outlets after years of big bets on e-commerce, its India president said, as the company seeks to revive smartphone sales after falling behind South Korea's Samsung .

12/07 Trial starts for Korean chip exec accused of stealing Samsung secrets for China factory

The trial of a South Korean chip executive accused of stealing sensitive information developed by Samsung Electronics began on Wednesday in a case that underscores South Korea's crackdown on industrial espionage.

12/07 China's Huawei poised to overcome US ban with return of 5G phones - research firms

China's Huawei Technologies is plotting a return to the 5G smartphone industry by the end of this year, according to research firms, signalling a comeback after a U.S. ban on equipment sales decimated its consumer electronics business.

12/07 IBM mulls using its own AI chip in new cloud service to lower costs

International Business Machines (IBM) is considering the use of artificial intelligence chips that it designed in-house to lower the costs of operating a cloud computing service it made widely available this week, an executive said Tuesday.

07/07 Samsung Elec flags 96% drop in Q2 profit as chip glut drags on

Samsung Electronics Co Ltd reported a likely 96% plunge in second-quarter operating profit on Friday, largely in line with forecasts, as an ongoing chip glut drives large losses in the tech giant's key business despite a supply cut.

05/07 U.S. Big Tech says it meets EU gatekeeper status, TikTok criticises label

Seven companies including Amazon, Apple, Google, Facebook-owner Meta and Microsoft say they meet the EU's new criteria of "gatekeeper" that means they have to meet tougher rules, EU industry chief Thierry Breton said on Tuesday.

03/07 Samsung sues Chinese rival over alleged patent violation on iPhone displays

South Korea's Samsung Display has filed a lawsuit against BOE Technology , accusing the Chinese rival of infringing five of its patents for displays used in mobile devices including Apple's iPhone 12.

30/06 Exclusive: Letter from prison: South Korean chip exec denies stealing Samsung data for China factory

A South Korean chip executive imprisoned over industrial espionage charges rejected allegations he had sought to build a copycat chip factory in China with sensitive information developed by Samsung Electronics.

27/06 Indictment details plan to steal Samsung secrets for Foxconn China project

When former Samsung executive Choi Jinseog won a contract with Taiwan's Foxconn in 2018, he tapped his former employer's supplier network to steal secrets to help his new client set up a chip factory in China, a sealed indictment by South Korean prosecutors alleges.

16/06 Intel to invest $4.6 bln in new chip plant in Poland

Intel is to invest up to $4.6 billion in a new semiconductor assembly and test facility near Wrocław, Poland, as part of a multi-billion-dollar investment drive across Europe to build chip capacity, it said on Friday.

15/06 Google, one of AI’s biggest backers, warns own staff about chatbots

Alphabet Inc is cautioning employees about how they use chatbots, including its own Bard, at the same time as it markets the program around the world, four people familiar with the matter told Reuters.

12/06 South Korea indicts ex-Samsung Elec executive for alleged data leak to China

South Korean prosecutors said they indicted a former Samsung Electronics executive on Monday on suspicions of stealing the company's technology to build a chip factory in China.

08/06 South Korea vows support for its chip sector amid China-US tensions

South Korea pledged support for its chip sector on Thursday, with President Yoon Suk Yeol describing competition in the industry as an "all-out war" amid heightened U.S.-China tensions.

07/06 No handouts to big firms to offset global tax, OECD tells Vietnam

The Organisation for Economic Cooperation and Development told Vietnam last week that handouts to big firms to offset higher levies under a global overhaul of tax rules would be problematic, a person familiar with the discussions said.

30/05 Exclusive: Vietnam eyes multi-million-dollar handouts to Samsung, others to offset global tax

Samsung and other foreign companies are pushing Vietnam to introduce a multi-million-dollar reform that would compensate them for higher levies they face from next year under a global overhaul of tax rules, a source involved in the talks said.

29/05 Xiaomi to make wireless audio products in India

Xiaomi Corp's Indian arm will start making wireless audio products in the country through a partnership with electronics manufacturer Optiemus in a push to further localise its operations, the company said on Monday.

02/05 Google, Apple working together to fight unwanted tracking

Alphabet Inc-owned Google and Apple Inc said on Tuesday they were working together to curb unwanted tracking of people by Bluetooth devices such as AirTags used for finding lost items.

27/04 Samsung Electronics reports 95% plunge in first-quarter profit

Samsung Electronics Co Ltd reported a 95% plunge in first-quarter profit on Thursday as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting.

25/04 Billions of dollars in deals unveiled as S.Korea's 'No.1 salesman' to meet Biden

Leading South Korean and U.S. companies announced billions of dollars in investments, joint ventures and other plans on Tuesday, as President Yoon Suk Yeol kicked off a state visit to Washington.

25/04 Exclusive: EU tweaks draft patent rules making it easier for patent holders to sue

The European Commission has tweaked draft patent rules to make it easier for patent holders to sue companies over royalty disputes following criticism that an earlier draft favoured users while restricting patent owners from seeking injunctions.

25/04 GM, Samsung SDI plan to build new US battery plant - sources

General Motors Co and Samsung SDI are expected to announce as early as Tuesday that they plan to build a new joint-venture battery manufacturing plant in the United States, sources told Reuters.

17/04 Alphabet shares fall on report Samsung may dump Google Search for Bing

Alphabet Inc shares fell as much as 4% on Monday following a report South Korea's Samsung Electronics was considering replacing Google with Microsoft-owned Bing as the default search engine on its devices.

10/04 TSMC talking to US about CHIPS Act 'guidance' amid subsidy concerns

Taiwanese chipmaker TSMC said on Monday it is communicating with Washington about its "guidance" for a law designed to boost U.S. semiconductor manufacturing that has sparked concerns about subsidy criteria.

07/04 Samsung to cut chip output to ride out downturn; shares rally

Samsung Electronics Co Ltd said on Friday it would make a "meaningful" cut to chip production, following the lead of smaller rivals, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting.

31/03 China to examine US chipmaker Micron's products for cybersecurity risks

China's cyberspace regulator will conduct a cybersecurity review of products sold in the country by U.S. memory chip manufacturer Micron Technology Inc , the regulator said on Friday.

30/03 US chip subsidy criteria could be a 'burden', says South Korea

Criteria to qualify for new U.S. semiconductor subsidies could be "burdensome" for companies such as Samsung Electronics Co Ltd and SK Hynix Inc , South Korea's trade minister said on Thursday.

28/03 Exclusive: EU patent body to oversee tech-standard patent royalties -EU draft rule

The European Union patent body will oversee a new process to set fair royalties on patents for technologies widely used in products like cellphones, according to a draft EU regulation that seeks to reduce litigation over royalty disputes.

21/03 Samsung wins jury trial in 'S10' trademark lawsuit

Samsung Electronics Co Ltd convinced a Los Angeles federal jury on Friday that its Galaxy S10 phones do not violate the trademark rights of a talent-management agency that also uses the "S10" name.

16/03 Xiaomi's slow shift in India to premium smartphones helps Samsung steal its crown

Xiaomi Corp is overhauling its India strategy after misjudging consumer tastes in mobile phones, a costly lapse that has allowed Samsung Electronics to pip the Chinese company to the top spot in the world's second biggest market for the devices.

15/03 Exclusive: Samsung's new Texas chip plant cost rises above $25 billion -sources

A chip plant that South Korea's Samsung Electronics Co Ltd is building in Taylor, Texas, will cost the world's biggest memory chipmaker over $25 billion, up more than $8 billion from initial forecasts, according to two people familiar with the matter.

15/03 Samsung Electronics to invest $230 bln through 2042 in South Korea chipmaking base

Samsung Electronics Co Ltd on Wednesday said it will invest around 300 trillion won ($230 billion) by 2042 to develop what the government called the world's largest chip-making base, in line with efforts to enhance South Korea's chip industry.

08/03 S. Korea's trade minister to raise concerns over Chips Act in US meetings

South Korea's trade minister will meet with counterparts in Washington this week to express concerns that the U.S. Chips Act could make the U.S. a less attractive investment destination, its trade ministry said.

06/03 S.Korea to halt WTO dispute process while discussing Japan's export curbs

South Korea will halt a World Trade Organization (WTO) dispute resolution process sparked by a complaint against Japan as the two countries discuss Japan's export curbs on high-tech materials to South Korea, the two countries' trade ministries said on Monday.

25/02 Taiwan says 'Fab 4' chip group held first senior officials meeting

The U.S.-led "Fab 4" semiconductor alliance of Taiwan, the United States, Japan and South Korea held its first video meeting of senior officials last week focused on supply chain resilience, Taiwan's Foreign Ministry said on Saturday.

25/02 Nokia phone maker HMD to set up production in Europe

HMD Global Oy, licensee of Nokia-brand smartphones, said on Saturday it is developing capabilities and processes this year to bring 5G device production to Europe.

24/02 U.S. likely to cap level of S.Korean chips made in China- U.S. official

The United States will likely limit the level of advanced semiconductors made by South Korean companies in China, a senior U.S. official said.

12/02 Exclusive: South Korea aims to join AI race as startup Rebellions launches new chip

South Korean startup Rebellions Inc launches an artificial intelligence (AI) chip on Monday, racing to win government contracts as Seoul seeks a place for local companies in the exploding AI industry.

01/02 SK Hynix warns chip downturn to worsen in Q1, posts record quarterly loss

South Korea's SK Hynix Inc cautioned that the chip industry downturn, the worst in over a decade, will deepen further in the next few months as it posted a record quarterly operating loss on Wednesday.

31/01 Samsung Electronics' Q4 profit falls 69% as device demand drops

South Korea's Samsung Electronics Co Ltd reported a 69% plunge in fourth-quarter profit on Tuesday, as consumer demand for electronic devices dropped and clients tightened their belts on a weak economy, dragging down memory chip prices.

17/01 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.

06/01 Samsung Elec Q4 profit likely tumbled 69% as demand slump weighed

Samsung Electronics Co Ltd reported on Friday a likely 69% plunge in December-quarter operating profit, as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry.

05/01 Samsung's quarterly profit set to hit 6-year low as consumers hunker down

Samsung Electronics Co Ltd's quarterly profit will likely plunge 58% to its lowest in six years as a global economic downturn saps demand for electronic devices and clouds the outlook for the memory chip industry.