Aixtron slumps as outlook disappoints, client issues warning
By Mateusz Dobrzyniewski and Amir Orusov (Reuters) – Aixtron’s shares fell as much as 22% on Thursday after the German semiconductor tools maker forecast a 2024 margin below expectations and…
Foxconn to partner with India’s HCL Group for chip testing plant
Βy Kashish Tandon and Ben Blanchard BENGALURU/TAIPEI (Reuters) – Taiwan’s Foxconn will partner with tech firm HCL Group for a semiconductor assembly and testing facility in India, the companies said…
SingTel profit jumps 83% in first half on Indonesia gain
By Archishma Iyer and John Biju (Reuters) – Singapore Telecommunications (SingTel) reported an 83% rise in half-yearly profit on Thursday, helped by a gain related to regional associate Telkomsel‘s integration…
IFA 2023: the smart home of the future
IFA 2023: Next to the bathroom is the 2-in-1 washer and dryer; in the kitchen, the built-in oven and induction hob, a little further on the water purifier, while in…
ASML to ship first pilot tool in its next product line in 2023
By Toby Sterling AMSTERDAM (Reuters) – ASML will ship the first pilot tool in its next product line this year as planned, the semiconductor equipment maker’s CEO Peter Wennink said,…
Blockchain may go big in Japan’s game arena
Japan is set to reclaim its leadership in the global technology industry, propelled by blockchain gaming projects. Having been overshadowed by the United States and China in the last few…
China’s Honor stages India return with local manufacturing plans in early 2024
By Indranil Sarkar BENGALURU (Reuters) – Chinese smartphone brand Honor will relaunch in India through a licensing deal with a local company and is aiming to start domestic manufacturing by…
Australia’s Telstra shelves InfraCo stake sale plan, shares down
By Poonam Behura (Reuters) – Australia’s Telstra shelved plans on Thursday to sell a stake in its physical infrastructure unit, sending its shares about 2.5% lower, even as the telecom…
Can an e-book ever defeat a paperback?
More books are being sold now than five years ago. Per Wordsrated, the international sales of published books were US$129 billion as of June 2023, about a US$7 billion increase compared…
Telecom Italia’s quarterly core profit rises as domestic revenues edge up
By Elvira Pollina and Urvi Dugar (Reuters) – Telecom Italia (TIM) on Wednesday reported a 5.5% rise in its second-quarter core profit, helped by strong performance from its Brazilian unit…