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The Latest Breaking News on Asian tech

South Korea mulls creating 'KSMC' contract chipmaker to compete with TSMC, requires a $13.9 billion investment

South Korea wants to replicate Taiwan's success by establishing KSMC, a government-funded chipmaker.

Tom’s Hardware

US Confirms Billions In Chips Funds To Samsung, Texas Instruments

President Joe Biden's administration said Friday that it has cemented deals for billions in funding to South Korean semiconductor giant Samsung Electronics and Texas Instruments to boost their chipmaking facilities in the United States.

International Business Times

India participates in 24th BIMSTEC Senior Officials Meeting by Thailand

Jaideep Mazumdar, Secretary (East), Ministry of External Affairs, represented India at the 24th BIMSTEC Senior Officials Meeting (SOM) hosted by Thailand virtually on Thursday. Read further on Dynamite News:

Dynamite News

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Rapidus is first Japanese company to install ASML's cutting-edge EUV machine — chipmaking tool for 2nm chips expected to be operational this year

Rapidus gets ASML's Twinscan NXE:3800E, almost completes its installation.

Tom’s Hardware

Taiwan Semiconductor Extends Lead As Top Chipmaker

Taiwan Semiconductor Manufacturing Co (NYSE:TSM) maintained its global wafer foundry business turf in the third quarter of 2024.

Benzinga

Behind the Scenes of Taiwan Semiconductor's Latest Options Trends

Whales with a lot of money to spend have taken a noticeably bearish stance on Taiwan Semiconductor.

Benzinga

Taiwan Semiconductor's Options Frenzy: What You Need to Know

Financial giants have made a conspicuous bearish move on Taiwan Semiconductor. Our analysis of options history for Taiwan Semiconductor (NYSE:TSM) revealed 41 unusual trades.

Benzinga

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Taiwan Semiconductor's Advanced 2nm Chips To Hit US Market By 2028: Report

Taiwan Semiconductor reportedly plans to start US production of 2nm chips by 2028,. Export policy requires 3yr delay after local production.

Benzinga

Market Whales and Their Recent Bets on TSM Options

Financial giants have made a conspicuous bearish move on Taiwan Semiconductor. Our analysis of options history for Taiwan Semiconductor (NYSE:TSM) revealed 53 unusual trades.

Benzinga

Samsung reshuffles semiconductor execs after poor performance in memory and NAND competitiveness

Samsung promotes semiconductor division head to CEO position, chief of Samsung's American microelectronics operation to oversee foundry business.

Tom’s Hardware

3 Semiconductor Stocks Powering the Digital Age

The semiconductor industry has witnessed significant growth, driven by rising demand for devices, technological breakthroughs, and advancements. In this thriving landscape, Taiwan Semiconductor Manufacturing (TSM), KLA Corporation (KLAC), and QUALCOMM (QCOM) stand out with their strong fundamentals, positioning them as top contenders in the industry’s future. Read on….

StockNews.com

Taiwan Semi's Growth Fuels US Rise To Second In Chipmaking: Report

Taiwan Semiconductor invests $65 billion in Arizona to boost US chipmaking capabilities. US expected to have 2nd largest share in global market by 2027.

Benzinga

US Finalizes Up To $6.6 Bn Funding For Chip Giant TSMC

The United States will award Taiwanese chip giant TSMC up to $6.6 billion in direct funding to help build several plants on US soil, officials said Friday, finalizing the deal before a new administration enters the White House.

International Business Times

Local and foreign chip manufacturers flee China, expand in Vietnam — companies move to Southeast Asia as US-China tensions simmer

Many chip companies are expanding their presence in Vietnam, especially in back-end manufacturing, as the tensions between China and the U.S. continue to simmer.

Tom’s Hardware

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Tom’s Hardware

South Korean engineer smuggled out shopping bags full of secret SK hynix docs to give to Huawei

SK hynix prohibits using USB drives on its sides, so its former engineer printed 4,000 pages to take away with her following her resignation.

International Business Times

TSMC, GlobalFoundries Set To Win Final Chips Act Awards: Report

The Chips Act allocates $39 billion in grants, along with billions more in loans and 25% tax credits, to boost U.S. semiconductor manufacturing after much of the production moved to Asia.

The Independent UK

Samsung reports 'major' progress in supply deal for AI chips

Samsung Electronics has reported progress on a major supply deal for artificial intelligence-focused chips, aiming to reassure investors following a slowdown in semiconductor profits during the last quarter

International Business Times

Samsung Q3 Operating Profits Soar To $6.6 Bn, Miss Forecast

South Korea's Samsung Electronics said Thursday that its operating profits soared 277 percent on-year to $6.6 billion but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers.

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International Business Times

Tokyo Metro Shares Rocket On Debut

Shares in Tokyo Metro, one of the world's busiest subways, soared almost 50 percent on its debut Wednesday after its government owners raised $2.3 billion in Japan's biggest initial public offering in six years.

International Business Times

Tokyo Metro: Asia's Oldest Subway Goes Public

Every day six and a half million people ride Tokyo Metro's nine lines, part of a dizzyingly complex transport network serving the Japanese megacity and its sprawling suburbs.

International Business Times

Japan's Retail Investors To Snap Up Shares Of Train System

Tokyo Metro Co. unveils perks in light of its public IPO listing scheduled for Wednesday.

Kiplinger

Taiwan Semiconductor Stock Hits a $1 Trillion Market Cap After Earnings

Taiwan Semiconductor stock is red-hot in Thursday's session after the chipmaker beat Q3 expectations and issued a strong outlook. Here's what you need to know.

Newslaundry

Ratan Tata: An edifying snapshot of a corporate hermit’s life and works

Be it the workings of his business conglomerate and industrial enterprise, or the realm of public esteem and integrity, Ratan Tata’s life and work were edifying snapshots of India’s relations with private capital.

Newslaundry

‘Face detention or go home’: In Tamil Nadu, police continue crackdown on Samsung strike

As daylight broke on Thursday, October 10, the number of policemen near Echoor in Sriperumbudur kept increasing. This is the place where Samsung's workers have been protesting for over a month now – a protest that the Madras High Court on Wednesday said should be allowed to continue. But as…

Tom’s Hardware

Vietnam to build six semiconductor fabs — country aims to become a major player in the semiconductor industry by 2050

Vietnam outlines an ambitious plan for the semiconductor industry that spans 25 years, including building six fabs and establishing hundreds of semiconductor developers.

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