Financial news and analytics

Foxconn’s revenue soared nearly 33% in August as AI boom plays a role

The world's largest contract electronics manufacturer and one of Apple's main partners, represented by Taiwanese Foxconn, announced a significant increase…

3 months ago

Intel faces expulsion from Dow Jones index due to plummeting shares

During the dot-com era in 1999, Intel, along with Microsoft, was one of two technology companies included in the Dow…

3 months ago

Samsung and TSMC are unlikely to be buyers of Intel’s chip business

Intel management is considering several options for getting the company out of the crisis, including the sale of the FPGA…

3 months ago

The owner of TikTok intends to receive one of the largest loans in Asian history – $9.5 billion

The Chinese company ByteDance, which owns the short video service TikTok, is in the process of obtaining a loan in…

3 months ago

Japanese chip equipment manufacturers do not want to be overly dependent on the Chinese market

It is well known that the rapid development of the Chinese semiconductor market and attempts by local chip manufacturers to…

3 months ago

China does not stop pouring into semiconductor production: Beijing authorities have opened a $1.2 billion fund

The Beijing municipal government has launched a $1.2 billion fund to support the local semiconductor industry. This is just one…

3 months ago

Dutch authorities will ban ASML from servicing chip production machines in China

Dutch authorities plan to restrict ASML's repair and maintenance activities for semiconductor manufacturing equipment in China, dealing another painful blow…

3 months ago

The prices of gallium and germanium in Europe have almost doubled due to Chinese sanctions – this is hitting chip production

Since August last year, Chinese authorities have been restricting the export of gallium and germanium without special licenses, so the…

3 months ago

Over two and a half years, TSMC received almost $2 billion in subsidies from the authorities of Japan and China.

TSMC is not only going to build factories in Japan, the USA and Germany, but is also modernizing existing ones,…

3 months ago

China doubled imports of Samsung and SK hynix memory chips in the first half of the year amid US sanctions

Memory chip leaders Samsung Electronics and SK hynix note that China has significantly increased imports of South Korean chips in…

3 months ago