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The Latest Breaking News on Asian tech

Two execs of China-based chipmaking tools producer resign to meet U.S. requirements

Two executives with U.S. citizenship had to step down from China-based AMEC due to U.S. export rules.

Tom’s Hardware

Polar Semiconductor receives $123M in CHIPS Act money — company named as the first CHIPS Act awardee

Polar Semiconductor, a manufacturer of power and sensor chips, is the first company to be officially awarded under the Biden administration's CHIPS Act.

Tom’s Hardware

US Space Force partners with India to open a microchip factory for next-gen tech

The United States is partnering with India to establish a new factory that will manufacture microchips to enable next-generation technologies for the U.S. Space Force.

Space

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‘This is very embarrassing’: Middle East crisis takes a detour to an office park in Taiwan

Media spotlight shifted to Taiwan tech company Gold Apollo which has denied supplying the pagers that exploded across the Hezbollah network in Lebanon

The Guardian - AU

Samsung Electronics To Cut Up To 30% Of Global Jobs: Report

The world's largest maker of memory chips, smartphones, and televisions reportedly plans to implement the global headcount reduction by the end of the year, and it would hit jobs across the Americas, Asia, Europe, and Africa.

International Business Times

Two former Samsung bigwigs nabbed for allegedly swiping $3.2 billion worth of the company's intellectual property to build a 'brand new second-hand' chip fab in China

Two former Samsung executives were jailed for allegedly stealing Samsung technologies worth approximately $3.2 billion to build a chip-making plant in China.

Windows Central

Former Samsung execs arrested for allegedly using stolen memory tech to build chip factory in China — suspects leaked $3.2B worth of Samsung secrets

A former Samsung executive set up a factory in China and used stolen Samsung memory technology to make competing chips.

Tom’s Hardware

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Asian stocks decline, following Wall Street's drop on worries about the economy

Asian stocks are tumbling after Wall Street had its worst day since early August, as a week full of economic updates got off to a weak start

The Independent UK

Taiwan accuses Chinese chip manufacturing tool companies of poaching engineers from Taiwanese companies

Taiwanese intelligence says that Naura Technology and others illegally poach engineers from Taiwanese high-tech firms to boost the Chinese semiconductor industry.

Tom’s Hardware

China spent more on chipmaking equipment than South Korea, Taiwan, and the U.S. combined — $25B in investments in the first half of the year

A Nikkei report says that China bought more chipmaking tools than the U.S., Taiwan, and South Korea combined.

Tom’s Hardware

Asian shares trade higher after mixed trading on Wall Street

Asian shares are mostly higher as markets continued to be moderately optimistic about the prospects of technology companies and the relative health of global economies

The Independent UK

Jaishankar hails ‘productive’ India-Singapore Ministerial Roundtable

The second India-Singapore Ministerial Roundtable was held on Monday in Singapore, where leaders from both the countries discussed. Read further on Dynamite News:

Dynamite News

3 Emerging Market Stocks for High-Risk, High-Reward Investors

With rapid expansion and high growth prospects, emerging markets and economies are poised to experience robust growth. Therefore, it could be wise to invest in high-risk, high rewarding emerging market stocks Taiwan Semiconductor Manufacturing (TSM), PDD Holdings (PDD), and Alibaba Group Holding (BABA). Keep reading.

StockNews.com

Samsung may start installing its first High-NA EUV litho tool in late 2024

Samsung will be about a year behind Intel in installing ASML's Twinscan EXE:5000 High-NA litho tool for development purposes.

Tom’s Hardware

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The Guardian - UK

Sunil Bharti Mittal: who is the Indian tycoon now BT’s largest shareholder?

Billionaire built business from bicycle components empire that takes in UK hotels

The Independent UK

Asian shares are mixed, with Tokyo closed, as more tests for markets loom

Asian shares are mixed ahead of big reports this week on the state of the U.S. economy

Tom’s Hardware

TSMC Arizona struggles to overcome vast differences between Taiwanese and US work culture

As TSMC fights to bring its new Arizona fabs online, the company learns the Taiwanese way isn't going to work in America and needs to change.

International Business Times

South Korea Union Pickets Outside Samsung Chairman's House

Leaders of a South Korean union representing tens of thousands of workers at Samsung Electronics staged a protest Thursday outside the house of the company's chairman and heir, after fresh negotiations failed.

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The Independent UK

Stock market today: Asian shares mostly fall as dive for Big Tech stocks hits Wall St rally

Asian shares are mostly lower, with Tokyo's benchmark dipping more than 2%, after Wall Street’s record-breaking rally slammed into a wall of worries over potentially worsening trade tensions with China

The Independent UK

Stock market today: Asian stocks slip, while Australian index tracks Wall St rally to hit record

Asian stocks are mostly lower even as investors wager that the Federal Reserve will come ahead with a cut to interest rates, while Australia's benchmark hit a new record

StockNews.com

3 High-Momentum Stocks to Ride the Market Wave

Inflation is gradually cooling, and rate cuts might be on the horizon. Against this backdrop, it could be wise to invest in fundamentally sound stocks, ASE Technology Holding (ASX), Western Midstream Partners (WES), and Navigator Holdings (NVGS), with high momentum, to ride the market wave. Read more.

Tom’s Hardware

Samsung workers in South Korea begin 3-day strike — labor union striking for first time in Samsung's history

The National Samsung Electronics Union, whose 30,000 members represent 1/4th of the South Korean Samsung workforce, is striking today for one more day of annual leave and a change to the company's mysterious bonus structure.

International Business Times

South Korea Samsung Workers Start Strike: Union Chief

Workers at South Korean tech giant Samsung began a three day general strike Monday, the head of a union representing tens of thousands of employees told AFP, after talks with management broke down.

Tom’s Hardware

Taiwanese research firm says TSMC will maintain foundry lead until at least 2032 — US expected to account for 28% of leading edge manufacturing

Taiwan will remain the world's largest manufacturer of logic semiconductors for at least another eight years, according to the director of the Taiwan-based Industrial Technology Research Institute.

Dynamite News

"India House will reflect strides India has made in Olympic Movement": Reliance Foundation Chairperson Nita Ambani

The Paris 2024 Olympics, which is exactly a month away, will see plenty of historic firsts but the one that holds immense significance. Read further on Dynamite News:

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