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KUALA LUMPUR: Malaysia is poised to become the preferred location for international companies looking to expand their semiconductor businesses, especially in the wafer fabrication (fab) industry.
MALAYSIA is among one of the larger semiconductor markets in the world. But there is room for the local industry to further develop its capabilities in the area of design works to remain competitive amid slowing global sales.
TOKYO: Japanese chipmaker Renesas Electronics Corp said it had agreed to buy US peer Integrated Device Technology (IDT) Inc for about US$6.7bil, aiming to boost its expertise in self-driving car technologies.
KUALA LUMPUR: Mi Equipment Holdings Bhd, an equipment manufacturer of wafer level chip scale packaging (WLCSP) sorting machines for the semiconductor industry, has received the nod from the Securities Commission Malaysia for its initial public offering (IPO) and listing on the Main Market of Bursa Malaysia.
KUALA LUMPUR: Singapore is no doubt feeling the pinch of recent news that Broadcom Ltd will be relocating its legal address to the US.
In a crowded field of more than 240 startups in self-driving cars, six companies – four of them in Silicon Valley – have achieved unicorn status, with valuations of US$1bil (RM4.24bil) or more.
Shares of Fitbit Inc jumped as much as 8% after a previously unknown entity calling itself ABM Capital Ltd said it had offered to buy the wearable device maker but gave up some of those gains after the company denied receiving any offer.
(Reuters) - In the latest apparent spoof on a U.S. securities regulator's online filing system, a Chicago-area artist with a fondness for inspirational quotes claimed to have acquired about $88 billion worth of Bank of America Corp shares on Wednesday.