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Dan Loeb's hedge fund Third Point is calling on Sony Corp (NYSE: SNE) to spin off its semiconductor business, according to Reuters. read more.....»»

Daniel Loeb's activist hedge fund Third Point LLC called on Sony Corp on Thursday to spin off its semiconductor business and sell off stakes in Sony Financial and other units, in order to position itself as a leading global entertainment company......»»

LED epitaxial wafer and chip maker Epistar has disclosed it has spun off its semiconductor foundry business unit and will also turn its mini LED R&D operation into a separate entity next year......»»

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.....»»

Orient Semiconductor Electronics (OSE) is looking to scale up its EMS business beyond the electronics sector, while strengthening its collaboration with backend house Chipbond Technology in the fields of 5G, IoT and automotive electronics......»»

As IBM gets closer to the spin out of its managed infrastructure services business, it’s tapping more Tar Heel talent for the C-Suite. And this one is a Durham native......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Becton Dickinson & Co. reported Thursday fiscal second-quarter profit and sales that rose above expectations, boosted by $480 million in COVID-19 testing sales, and a.....»»

The Arizona land auctions have been rescheduled to May. Sources have told Phoenix Business Journal they are potential landing spots for Samsung's $17 billion semiconductor plant. Sites in Texas and upstate New York are also in the running......»»

The decision to purchase the two box plants comes as IP prepares to spin off its Printing Papers segment into a stand-alone, publicly traded company, which will allow the business to focus on its corrugated packaging division......»»

Semiconductor Manufacturing International (SMIC) is looking to further grow its mature process business segment, after receiving US licenses to import equipment and materials for use in mature-node processes, according to industry sources......»»

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 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.....»»

Shares of Bluebird Bio Inc. gained 5.1% in premarket trading on Monday after it announced plans to spin off its oncology business as a separate publicly-traded company. Bluebird will retain its genetic disease business. Bluebir.....»»

Material analysis service provider Material Analysis Technology (MA-tek) is expected to see increasing business opportunities from fast growing demand for semiconductors 5G, IoT and automotive sectors, according to industry sources......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Taiwan-based San Fu Chemical, dedicated to offering specialty chemicals for semiconductor and optoelectronics sectors, is positive about its 2021 business prospects thanks to robust demand from its clients in Taiwan and China......»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

Semiconductor-use mask and wafer handling solution provider Gudeng Precision Industrial has indicated that business in second-quarter 2020 is healthy but order visibility for second-half 2020 is not clear due to the coronavirus pandemic......»»

The coronavirus crisis will undercut growth in the global semiconductor business in 2020, with the looming threat of global recession prompting Omdia to slash its market forecast despite soaring demand for chips from the medical sector......»»