Samsung sees tech devices demand recovering in 2024 after record chip loss
By Joyce Lee and Heekyong Yang SEOUL (Reuters) - Samsung Electronics flagged a continued recovery in memory chips and tech demand in 2024, after reporting a 34% drop in fourth-quarter profit despite a memory price rebound as consumer demand remained weak
Japan’s new industry minister pledges chip sector support
By Miho Uranaka and Sam Nussey TOKYO (Reuters) - Japan's new industry minister on Wednesday pledged to continue supporting efforts to revitalise the country's chip manufacturing base, which have included subsidies for Taiwanese chipmaker TSMC and foundry venture Rapidus. "The speed of
Rapidus hunts for engineers to help Japan regain faded chip glory
By Sam Nussey, Miho Uranaka and Tim Kelly TOKYO (Reuters) - Government-backed Japanese chip foundry venture Rapidus is hunting high and low - including among industry veterans and overseas - to find engineers to help it revive a chip industry that