How a little Texas town snagged a $17 bln Samsung chip plant deal
Williamson County Judge Bill Gravell is the first to admit few people had heard of his small town of Taylor in Central Texas before South Korean conglomerate Samsung announced it was building its new $17 billion chip factory there.
Taiwan looking at chip cooperation with Eastern European nations
Taiwan is looking at cooperating with three Eastern European countries on semiconductors, a minister said on Thursday, a move likely to find favour in Brussels which has been courting Taiwanese semiconductor firms to manufacture in the bloc.
EXCLUSIVE Dyson dumps Malaysian supplier ATA over labour concerns
High-tech home appliance maker Dyson Ltd told Reuters it had cut ties with supplier ATA IMS Bhd (ATAI.KL) following an audit of the Malaysian company’s labour practices and allegations by a whistleblower, sending ATA shares plunging.
Samsung to pick Taylor, Texas, for its $17 bln chip plant – WSJ
South Korean tech giant Samsung Electronics Co Ltd (005930.KS) said on Tuesday it had not made a final decision on the location of a new $17 billion chip plant in the United States, after the Wall Street Journal reported it would be Taylor, Texas.
MediaTek eyes premium Android phone market with new 5G chip
Chip designer MediaTek Inc (2454.TW) on Thursday released a new 5G smartphone chip that it hopes will be used in premium-priced Android smartphones, a market Qualcomm Inc (QCOM.O) currently dominates.
U.S. House bill would give tax credit for rare earth magnets
A Democrat in the U.S. House of Representatives introduced legislation on Tuesday extending tax credits to companies that domestically produce rare earth magnets, a sector currently dominated by China.
Merck KGaA raises outlook after forecast-beating Q2 profit
Merck KGaA (MRCG.DE) raised its outlook after posting forecast-beating second quarter profits on Thursday, boosted by demand for its lab gear and supplies from pharma companies making treatments and vaccines against the coronavirus.
Samsung Electronics Q2 profit likely up 38% on strong chip prices
Samsung Electronics Co Ltd (005930.KS) likely saw a 38% surge in profit for the April-June quarter thanks to strong chip prices and demand spurred by a pandemic-led consumer appetite for electronics as well as recovering investment in data centres.
