technology

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago

Chipmaker Qualcomm says automotive future business expands to $30 bln

U.S. chip designer Qualcomm Inc (QCOM.O) on Thursday said its automotive business "pipeline" increased to $30 billion, up more than $10 billion…

3 years ago

Russia’s Positive Technologies launches secondary share offer

Cybersecurity firm Positive Technologies is launching a secondary public offering (SPO) of up to 2.6 million common shares, it said…

3 years ago

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence…

3 years ago

Meta, Qualcomm sign pact on custom virtual reality chips

Meta Platforms Inc (META.O) signed an agreement to have chip-maker Qualcomm Inc (QCOM.O) produce custom chipsets for its Quest virtual reality (VR) devices, the…

3 years ago

Gap posts surprise profit on Banana Republic boost; withdraws forecasts

Gap Inc (GPS.N) reported a surprise quarterly profit on Thursday on demand for dressier clothes at its Banana Republic brand, while an…

3 years ago

EXCLUSIVE Chinese defence firm has taken over lifting Venezuelan oil for debt offset -sources

China has entrusted a defence-focussed state firm to ship millions of barrels of Venezuelan oil despite U.S. sanctions, part of…

3 years ago

S.Korea to attend preliminary meeting of U.S.-led chipmaker group

South Korea is expected to attend a preliminary meeting for a U.S.-led group of major microchip manufacturers including Taiwan and…

3 years ago

Korea’s SK invests $100 million in EV-focused startup Atom Power

Korea’s SK Inc (034730.KS) has invested $100 million in North Carolina startup Atom Power, which aims to upgrade the electric vehicle (EV)…

3 years ago

Exclusive: China’s EVE to supply BMW with large Tesla-like cylindrical batteries in Europe

China's EVE Energy Co Ltd (300014.SZ) will supply BMW (BMWG.DE) with large cylindrical batteries for its electric cars in Europe, two people with knowledge…

3 years ago