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Belgium detains Chinese man on suspicion of semiconductor espionage
1+ hour, 29+ min ago (206+ words) BRUSSELS, Sept 7 (Reuters) – Prosecutors in Belgium said they have held a man with dual Chinese and Belgian nationality in pre-trial detention since May on suspicion of espionage in a case involving semiconductor technology. The prosecutors said the 52-year-old man used…...
Xiaomi launches new Xring chip, partners with TSMC for production, sources say
1+ week, 6+ day ago (618+ words) By Che Pan and Eduardo Baptista BEIJING, Aug 24 (Reuters) – Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that greater control over key components will strengthen its supply chain and reduce reliance…...
Chip designer Velaura AI valued at more than $1 billion in funding round
2+ week, 5+ day ago (303+ words) Aug 18 (Reuters) – Velaura AI said on Tuesday it raised $110 million in a Series A funding round that valued the chip-designing startup at more than $1 billion, with investors backing its technology that can lower power consumption and operating costs at AI…...
Chinese chipmaker SMIC increases prices on strong AI demand
3+ week, 3+ day ago (456+ words) By Che Pan and Eduardo Baptista BEIJING, Aug 13 (Reuters) – China’s top foundry, Semiconductor Manufacturing International Corp, said on Friday that AI-related demand would continue to underpin orders for its production, and that it had raised prices for its most sought-after…...
Hacking group claims mass data theft from Shell, Philips, GE, Fiserv and dozens of others
3+ week, 3+ day ago (409+ words) AMSTERDAM, Aug 13 (Reuters) – A prolific hacking group known for exploiting software vulnerabilities to attack multiple targets simultaneously claimed it had stolen large volumes of data from nearly 50 companies worldwide, including Philips, Shell, Fiserv and GE, according to a posting on…...
Nintendo to launch Switch consoles in Indonesia in December
3+ week, 5+ day ago (284+ words) JAKARTA, Aug 12 (Reuters) – Japanese game maker Nintendo said on Wednesday that it would launch its Switch consoles in Indonesia for the first time this year, marking its entrance into Southeast Asia’s largest economy. Here are some details: • Nintendo told Reuters…...
South Korea to establish fund for semiconductor materials, parts and equipment, official says
4+ week, 1+ hour ago (125+ words) SEOUL, Aug 10 (Reuters) – South Korea will launch a new 5 trillion won ($3.52 billion) semiconductor fund focused on promising chip materials, components and fabless companies, Presidential Chief of Staff Kang Hoon-sik said on Monday, as part of government plans to build chip…...
Microsoft plans to unveil next-generation AI chip in September, The Information reports
3+ week, 6+ day ago (266+ words) Aug 10 (Reuters) – Microsoft is planning to unveil its new Maia 300 AI chip this fall, potentially as soon as next month, The Information reported on Monday, citing people with direct knowledge of the plans. The company introduced its Maia AI chip…...
Apple tests China’s CXMT memory chips for iPhones and MacBooks, WSJ reports
4+ week, 22+ hour ago (129+ words) Aug 9 (Reuters) – Apple has been testing memory chips from China’s CXMT across product lines including iPhones and MacBooks, to mitigate a component shortage fueled by the AI boom, the Wall Street Journal reported on Sunday. Apple held early talks with…...
Sandisk, Western Digital drag on chip stocks as lofty expectations eclipse strong earnings
1+ mon, 23+ hour ago (388+ words) Aug 6 (Reuters) – Data storage companies tumbled in premarket trading on Thursday after quarterly results from Sandisk and Western Digital failed to sustain momentum in an industry that has become one of Wall Street’s hottest bets this year. Shares of Sandisk…...