NEWSWORTHY
Toshiba cuts fiscal 2018 profit outlook on sluggish semiconductor sector
Toshiba Corp. on Wednesday sharply downgraded its group operating profit forecast for the fiscal year through March, due mainly to losses and additional costs stemming from its semiconductor manufacturing equipment and energy businesses. Toshiba now expects its group operating profit to stand at ¥20 billion ...
Chinese state-backed chipmaker's dreams of dominance face hurdle with U.S. indictment
Chinese state-backed semiconductor maker Fujian Jinhua Integrated Circuit Co. Ltd. billed itself as a national leader in the tech industry. It planned to drive a shift toward locally made chips and end a heavy reliance on imports, especially from the United States. "The era of ...
Stocks turned lower on the Tokyo Stock Exchange Wednesday, hurt by selling after the recent market advance. The Nikkei 225 shed 60.08 points, or 0.27 percent, to end at 22,604.61. On Tuesday, it surged 291.60 points. The Topix closed down 7.59 points, or 0.45 percent, at ...
Nikkei retreats after chip share rout, Trump's reported comments on U.S.-Japan ties
Stocks fell further on the Tokyo Stock Exchange on Friday, led by a rout in semiconductor shares. The 225-issue Nikkei average tumbled 180.88 points, or 0.8 percent, to end at 22,307.06, its worst finish since Aug. 21, after sliding 92.89 points Thursday. The average fell ...
Why can't China make decent semiconductors?
Although China long ago mastered the art of making products with semiconductors produced elsewhere, it wants to move beyond being a mere assembler.
Nations must develop own core technologies to break U.S. grip on semiconductor chips: Jack Ma
Alibaba co-founder Jack Ma argues that Japan, China and other nations need to develop their own semiconductor technology to get around America's grip on the global chip market. The billionaire executive chairman of Alibaba Group Holding Ltd., explaining the e-commerce titan's growing interest in chips, ...
After quakes, manufacturers step up business continuity planning
The March 2011 earthquake and tsunami in Tohoku and the 2016 Kumamoto quakes have prompted many domestic manufacturers to draw up plans to ensure business operations continue in the event of natural disasters. In January this year, 12 semiconductor-makers including Sony Corp. and Renesas Electronics ...
With block on Broadcom bid, Trump makes clear U.S. tech interests are 'not for sale'
With his swift rejection of Broadcom Ltd.'s hostile takeover of Qualcomm Inc., U.S. President Donald Trump sent a clear signal to overseas investors: Any deal that could give China an edge in critical technology will be swatted down in the name of national security. Although ...
Former Japanese chip plant gets new life as cutting-edge winery
A former semiconductor plant in Yamanashi Prefecture, Japan's main wine-producing region, has made a fresh start as a winery, with the company's owner driven to explore a new industry by fierce competition from Asian tech rivals. The MGVs winery, which opened last April, uses liquefied ...
Industrial output rose 0.6 percent in November from the previous month on robust exports of chip-making devices, prompting the government on Thursday to declare for the first time in more than 20 years that production is recovering. The seasonally adjusted index of output at factories ...
Semiconductor giant Qualcomm has rejected a $130 billion bid from fellow chipmaker Broadcom that could represent the biggest-ever takeover in the tech sector. Singapore-based Broadcom made the offer last week in a deal that would consolidate two major players in the booming sector fueled by ...
Founder of TSMC, Apple's top chip supplier, to hand over reins in June
Taiwan Semiconductor Manufacturing Co. founder and Chairman Morris Chang will retire next June, handing the helm of the world's largest producer of made-to-order microchips to the company's two co-chief executives. Breaking with tradition, Chang used his retirement announcement to issue a 2017 revenue forecast that ...
