Hong Kong CNN — Samsung warned that operating profit in the third quarter likely plunged 78% as it continues to contend with lower than usual demand for consumer…
Read more Samsung flags 78% profit drop as chip demand remains weak | CNN BusinessHong Kong CNN — President Joe Biden is in Vietnam for a visit intended to deepen economic ties between Washington and Hanoi as part of efforts to reduce…
Read more How booming Vietnam offers the US an alternative to China | CNN BusinessSeoul Reuters — Samsung Electronics and SK Hynix will be allowed to supply US chip equipment to their China factories indefinitely without separate US approvals, South Korea’s presidential…
Read more South Korean firms get indefinite waiver on US chip gear supplies to China | CNN BusinessEditor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong…
Read more The world will pay a high price if China cuts off supplies of chipmaking materials | CNN BusinessTaipei CNN — Taiwan’s Foxconn says it plans to build artificial intelligence (AI) data factories with technology from American chip giant Nvidia, as the electronics maker ramps up…
Read more Taiwan’s Foxconn to build ‘AI factories’ with Nvidia | CNN BusinessEditor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong…
Read more US escalates tech battle by cutting China off from AI chips | CNN BusinessCNN — India has placed restrictions on the import of computers and laptops in a surprise move from the government of Prime Minister Narendra Modi which has been…
Read more India restricts laptop, PC imports to boost local manufacturing | CNN BusinessEditor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong…
Read more China’s top chipmaker may be in hot water as US lawmakers call for further sanctions after Huawei ‘breakthrough’ | CNN BusinessHong Kong/Seoul CNN — SK Hynix, a South Korean chipmaker, is investigating how two of its memory chips mysteriously ended up inside the Mate 60 Pro, a controversial…
Read more South Korea’s Hynix is looking into how its chips got into Huawei’s controversial smartphone | CNN BusinessNew York CNN — Tesla’s Dojo supercomputer could fuel a $500 billion jump in the electric vehicle maker’s market value, analysts at Morgan Stanley said in a note…
Read more Tesla shares jump after Morgan Stanley predicts Dojo supercomputer could add $500 billion in market value | CNN BusinessEditor’s Note: Sign up for CNN’s Meanwhile in China newsletter which explores what you need to know about the country’s rise and how it impacts the world. Hong…
Read more US says it has no evidence that Huawei can make advanced smartphones ‘at scale’ | CNN BusinessCNN — Netflix will send out its last red envelope on Friday, marking an end to 25 years of mailing DVDs to members. The company announced earlier this…
Read more Netflix shutters its DVD rental business, marking the end of the red envelope era | CNN BusinessBeijing/Hong Kong CNN — The world is big enough for both the United States and China to thrive, US Treasury Secretary Janet Yellen said Sunday as she wrapped…
Read more The world is big enough for US and China, Yellen says as she concludes Beijing trip | CNN BusinessNew York CNN — Netflix is officially winding down the business that helped make it a household name. This fall, the streaming giant will officially say goodbye to…
Read more Netflix is winding down its DVD business after 25 years | CNN BusinessWashington CNN — During World War II, the federal government spent more than $1 billion in today’s dollars to help provide affordable child care for mothers who entered…
Read more America funded nationwide child care during WWII. Here’s how Biden is trying to revive that effort | CNN PoliticsIntel co-founder Gordon Moore, a pioneer in the semiconductor industry whose “Moore’s Law” predicted a steady rise in computing power for decades, died Friday at the age of…
Read more Intel co-founder Gordon Moore, author of ‘Moore’s Law’ that helped drive computer revolution, dies at 94 | CNN BusinessCNN — As he gears up for a likely reelection campaign, President Joe Biden on Tuesday will kick off a three-week tour to highlight the impact of his…
Read more Biden kicks off ‘Invest in America’ tour next week | CNN PoliticsAmsterdam/Washington Reuters — The Netherlands’ government on Wednesday said it plans new restrictions on exports of semiconductor technology to protect national security, joining the US effort to curb…
Read more Dutch to restrict semiconductor tech exports to China, joining US effort | CNN BusinessHong Kong/Seoul CNN — South Korea says it will build an enormous facility to make computer chips in greater Seoul, with about $230 billion in investment from private…
Read more South Korea to build ‘world’s largest’ chip center in greater Seoul with $230 billion investment | CNN BusinessHong Kong CNN — Apple supplier Foxconn says it is seeking Indian partners to cooperate in areas such as chips and electric vehicles, as its chief executive wrapped…
Read more Apple supplier Foxconn is on the hunt for semiconductor and EV deals in India | CNN Business
