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Business

IDT to make new generation sensors by end-2016

GEORGE TOWN: Integrated Device Technology (Malaysia) Sdn Bhd (IDT) will start the production of new generation of sensors at its newly upgraded RM20mil Bayan Lepas facility by the end of 2016.

Business

Japan’s Renesas to buy US chipmaker IDT for US$6.7bil

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.

News

Test equipment makers still going strong

TEST equipment manufacturers in Penang are optimistic of strong sales in 2016, thanks to the growth in global demand for automotive lighting and electronic systems.

News

Test equipment makers still going strong Penang manufacturers predict high sales as global demand increases

TEST equipment manufacturers in Penang are optimistic of strong sales in 2016, thanks to the growth in global demand for automotive lighting and electronic systems.

Corporate News

Fitch sees semicon outsourcing revenue falling by 10%

KUALA LUMPUR: Fitch Ratings believes the revenue from the highly fragmented outsourced semiconductor assembly and test (OSAT) industry could fall by 10% during 2015-16.

Business

Tech stocks take a tumble

US technology shares tumbled on Friday after Intel Corp, the world's No. 1 chip maker, slashed its revenue forecast, but blue chips were only moderately lower as drug and industrial stocks gained.

TECH

Digital art displays carve out a place in the home

Digital art is fast becoming one of the newest interior design trends and now a new startup has come up with a slick way of integrating the concept into your home.

TECH

Analysis: Amazon pushes digital content on many gadgets

Amazon.com Inc is trying to get its digital music and video on as many gadgets as possible.

Business

Penang-born Tan behind US$100b company moving to US

KUALA LUMPUR: Singapore is no doubt feeling the pinch of recent news that Broadcom Ltd will be relocating its legal address to the US.

TECH

Fitbit rises on purported bid, company says received no offer

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.