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SEOUL: Samsung Electronics Co Ltd plans to invest US$14.7 billion to construct a new chip production plant in South Korea, a major bet on its semiconductor business amid a smartphone earnings slump.
TOKYO: Panasonic Corp plans to dramatically cut back on chipmaking, slashing the business's 14,000-strong workforce by half and possibly selling some plants, the Nikkei said. Panasonic has chip production plants in Japan's Toyama and Niigata prefectures, as well as in China, Indonesia, Malaysia and Singapore, the Nikkei said.
Samsung to renovate an existing chip producing line and boost production of system chips.
SEOUL: Samsung Electronics Co 005930.KSsaid on Tuesday it will spend about $4 billion at its chip plant in Austin, Texas, to renovate an existing chip producing line and boost production of system chips, widely used in popular smartphones and tablets.
GEORGE TOWN: Light-emitting diode (LED) product companies in the country are either expanding or manufacturing new LED test equipment and high brightness modules this year, as the global demand for LED is rising.
KUALA LUMPUR: All Cosmos Industries Sdn Bhd (ACI) has signed a strategic joint-venture partnership with Sabah Softwoods Bhd to set up Sabah's first bio-organic fertiliser manufacturing plant.