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Toshiba net profit up on chip business sale
Struggling Japanese engineering firm Toshiba on Monday repor.....»»
Toshiba still aiming to complete sale of memory chip unit soon
TOKYO (Reuters) - Toshiba Corp said on Monday it is still aiming to complete the sale of its memory chip business soon, following media reports it had decided to cancel the $18.6 billion sale if it did not get approval from Chinese regulators by May......»»
Toshiba receives China antitrust approval to sell memory unit
Toshiba has obtained antitrust approval from China to sell its memory-chip business - Toshiba Memory - to a group led by Bain Capital, according to an NHK report......»»
Bain says will help Toshiba Memory pursue big acquisitions
TOKYO (Reuters) - Bain Capital, which led the $18 billion acquisition of Toshiba Memory Corp, said on Monday it plans to support the business in pursuing M&A in the chip industry, including potentially large deals......»»
Toshiba posts record quarterly profit on chip sale, outlook unclear
Japan's Toshiba Corp reported a record quarterly net profit on Wednesday, thanks to the $18 billion sale of its flash memory chip business earlier this year to a consortium led by U.S. private equity firm Bain Capital......»»
Sam Altman"s plans for AI"s next act keep getting more complex
A new report says the OpenAI chief is seeking to create a global coalition to address AI's chip shortage, energy demands and data needs. Sam Altman has been meeting business and government leaders in the UAE this week, according to Bloom.....»»
Zuckerberg"s Meta Launches MTIA Chip To Rival Nvidia"s AI Offerings In Cloud Business: Here"s What You Need To Know
Meta Platforms Inc. unveils its next-generation AI chip, MTIA, aimed at enhancing its cloud business and competing with Nvidia's AI chips, leveraging Taiwan Semiconductor Manufacturing Co's advanced 5nm process technology. read more.....»»
Earnings Results: Applied Materials reports record sales as chip shortage boosts equipment business
Applied Materials Inc. continued to benefit from the shortage in semiconductors at the start of 2021, as financial results beat expectations and shares moved higher in late trading......»»
The Wall Street Journal: Empty lots, angry customers: chip crisis throws wrench into car business
Americans are shopping for cars in near-record numbers, but the world’s computer-chip shortage has left dealers with the fewest offerings in decades......»»
MarketWatch First Take: Intel’s new CEO has another big problem to fix
Intel Corp.'s new chief executive, Pat Gelsinger, has another urgent problem to deal with, in addition to restoring the chip giant's manufacturing business to its former glory......»»
Wi-Fi 6E chips to bring business for test, certification labs in 2H21
Chipmakers are set to roll out Wi-Fi 6E chip solutions in the second half of the year, bringing new business opportunities for IC test and certification labs including Sporton International......»»
CEO group says Biden should stick to "real infrastructure" and "leave the rest of the stuff for something else"
Business Roundtable CEO Josh Bolten told Bloomberg he still favors a "substantial amount" of Biden's plan but certainly not corporate tax changes. President Joe Bide.....»»
DRAM and flash memory supply to stay tight in 2H21, says Winbond
A rally in DRAM and flash memory prices will boost Winbond Electronics' memory business revenue in March and April, according to Pei-Ming Chen, president for the specialty DRAM and NOR flash chip specialist......»»
Earnings Outlook: Nvidia earnings expected to show record gaming sales despite shortage
Nvidia Corp. faces expectations of a record quarter in its core gaming card business, along with a big jump in data-center sales, as the chip maker navigates a landscape where customers can't get enough of their products amid a semiconductor shortage......»»
Silicon Labs surges 10% on report the company is exploring a potential breakup and sale of its analog chip business
Silicon Labs may decide to sell its analog chip unit as the company explores its business options, according to a Bloomberg report. iStock/Getty Images Plus The semiconductor company's s.....»»
Unisoc eyeing tablet chip market
China-based first-tier IC design house Unisoc is eyeing business opportunity in the tablet market sparked by the coronavirus pandemic, according to the company's vice president of consumer electronics business Lu Guixun......»»
Downtown landlords chip in for small biz fund
Downtown landlords Brookfield Properties, Silverstein Properties and The Howard Hughes Corporation are backing a new Small Business Rental Assistance Grant for some of their neighbors. .....»»
Samsung expects Q2 profit fall over pandemic
Samsung Electronics said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid. Ryan Brooks reports......»»
Samsung warns of second-quarter profit fall as coronavirus hits sales of phones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid......»»
Samsung Elec expects second-quarter profit fall as virus hits sales of smartphones, TVs
Samsung Electronics Co Ltd said on Wednesday it expected profit to decline in the current quarter due to a coronavirus-related slump in sales of smartphones and TVs, although the chip business would remain solid......»»