LG Display sells Chinese LCD display plant to TCL for $1.5 billion
South Korean company LG Display today announced the sale of its stake in a large liquid crystal display manufacturing plant in Guangzhou, China. The buyer will be the LCD division…
Prospects for a glut in the Chinese market and Intel’s plans are forcing analysts to lower their forecast for ASML’s revenue dynamics
Less than a month is left before the Dutch company ASML publishes its next quarterly report, but industry analysts are already forming their own recommendations for the securities of this…
Global sales of iPhone 16, Apple Watch Series 10 and AirPods 4 have begun – Apple showed how it was
Apple today welcomed customers to its stores around the world for the premiere of iPhone 16, Apple Watch Series 10, and AirPods 4. The new products were announced at Apple’s…
Qualcomm failed to cancel the antitrust fine in Europe, but managed to reduce it slightly
The Court of Justice of the European Union in Luxembourg confirmed the legality of the antitrust fine imposed on the American semiconductor manufacturer Qualcomm, but slightly reduced its amount –…
The US has almost convinced Japan to further limit the export of semiconductor technology to China
The United States is close to persuading Japan to reach an agreement to limit exports of semiconductor technology to China, despite concerns in Tokyo that Beijing could retaliate against Japanese…
Intel received $1.9 billion in subsidies to build a plant in Poland
The European Commission has given Poland the green light to support the opening of a new Intel chip assembly and testing plant. The EU investment will amount to more than…
Samsung will put thousands of people out of work – some divisions will be cut by 30%
Reuters, citing its own sources, reports that the South Korean company Samsung Electronics is preparing to cut some of its staff outside the country. Marketing and sales staff may lose…
TSMC’s August revenue rose by a third compared to last year
The largest contract chip manufacturer, the Taiwanese company TSMC, has just now summed up its financial results for August, and they suggest that monthly revenue increased by 33% year-on-year to…
The startup accused Nvidia and Microsoft of colluding and willfully infringing its DPU patents
A massive patent dispute has erupted in Texas, with startup Xockets, funded by Yahoo co-founder and Intel CTO, suing Nvidia and Microsoft. Xockets accuses the tech giant of violating its…
Huawei has become the leader in the global wearable devices market
In the second quarter of 2024, 43.7 million wrist wearable devices (smart bracelets and watches) were shipped worldwide, and Huawei became the leader in terms of shipment volumes and market…