Meta adds exec from key chip partner to board
By Max A. Cherney and Stephen Nellis (Reuters) - Meta Platforms on Wednesday added Broadcom CEO Hock Tan to its board of directors, bringing on the head of a company known for its networking chips. Broadcom is one of Meta's key partners
Apple to settle trade secrets lawsuit against chip startup Rivos
By Blake Brittain (Reuters) - Apple plans to settle a lawsuit that accused tech startup Rivos of stealing its trade secrets related to computer-chip technology, according to a joint court filing on Friday in California federal court. The companies told the U.S.
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
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 on Thursday. The firms will set up an outsourced assembly and testing
US chip stocks tumble after strongest year since 2009
By Noel Randewich (Reuters) - U.S. chip stocks added to a string of losses on Wednesday, with Wall Street's main semiconductor benchmark tumbling from record highs following its strongest year since 2009, when the sector bounced back after the financial crisis. Drops
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
Chip shortage in Germany’s car industry will last years
By Riham Alkousaa Chip shortage: BERLIN (Reuters) - Semiconductor shortages that have created bottlenecks for Germany's car industry will take years to resolve despite chipmakers' plans to build factories in the country, a senior Audi manager was quoted as saying on
Beijing jabs in US-China tech fight with chip material export curbs
By Amy Lv and Brenda Goh BEIJING/SHANGHAI (Reuters) - Companies caught out by China's decision to restrict exports of two metals widely used in semiconductors and electric vehicles were racing to secure supplies on Tuesday as some industry suppliers worried that
EU, Japan to deepen chip cooperation – Breton
By Sam Nussey TOKYO (Reuters) - The European Union (EU) will deepen cooperation with Japan on semiconductors, its industry chief said on Monday, as countries move to strengthen control over a technology vital for defence, electronic and automotive industries. The EU and