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Broadcom's US$2bil warning rattles global chip sector

LONDON/BENGALURU: Broadcom Inc sent a shockwave through the global chipmaking industry on Friday with its forecast that U.S.-China trade tensions and the ban on doing business with Huawei Technologies would knock US$2 billion off the company's sales this year.

5G network likely to spur demand for semiconductor components

PETALING JAYA: The long-term outlook for the technology sector remains bright as a commercialisation of the 5G network could spur demand for semiconductor components despite a lull at the moment, according to UOB Kay Hian Research.

US moving toward major antitrust probe of tech giants

WASHINGTON: The US government is gearing up to investigate whether Amazon, Apple, Facebook and Google misuse their massive market power, sources told Reuters on Monday, setting up what could be an unprecedented, wide-ranging probe of some of the world's largest companies.

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Tesla faces skepticism about depth of demand

Auto maker says consumer interest remains despite sales decline, concerns about meeting future goals

MediaTek to take on Qualcomm with 5G chip

San Francisco: Taiwan-based chip supplier MediaTek Inc has released a new 5G chip for fast, high-end smartphones that aims to take on much larger rival Qualcomm Inc.

Samsung may gain from Huawei's plight in ongoing trade war, Fitch says

BENGALURU: Samsung Electronics Co Ltd may have a chance to strengthen its position in the smartphone market due to the hurt caused to Huawei Technologies Co Ltd in the wake of U.S.-China trade tensions, according to Fitch Ratings.

Chip stocks under pressure

BURSA Malaysia’s technology stocks rebounded on Friday, following two consecutive trading days of steep losses over the holiday-shortened week.

CIMB Research retains Hold for Inari, lower TP RM1.40

KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for Inari Amertron with a lower target price of RM1.40 compared with its earlier RM1.60.

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Qualcomm's practices violate antitrust law judge rules

Federal judge sides with FTC, saying patent-licensing practices ‘strangled competition’; Qualcomm plans to seek an expedited appeal

Wall St. slides as Huawei fallout hits tech shares

NEW YORK: U.S. stocks slid on Monday as the White House's restrictions on Chinese telecoms equipment maker Huawei Technologies Co Ltd weighed on the technology sector and raised concerns that the move would further inflame trade tensions between the United States and China.