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Global sales of semiconductors rose 5.5% to US$22.7bil in August from the US$21.5bil a year ago, underpinned by sales of personal computers and cellular handsets, the US-based Semiconductor Industry Association (SIA).
KUALA LUMPUR: Global demand for semiconductors is expected to provide a strong boost for QES Group Bhd as major multinational companies increase their investments in automated handling equipment.
Qualcomm Inc said on Thursday it had agreed to buy NXP Semiconductors NV for an enterprise value of about US$47bil (RM196.6bil) , as it seeks to expand the reach of its chips from phones to cars.
NEW YORK: Qualcomm Inc is in talks to buy NXP Semiconductors NV in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday, which would help diversify Qualcomm's business and make it a bigger supplier to the automotive industry.
SEOUL: Samsung Electronics Co Ltd announced on Wednesday its first stock split and said it expects demand for semiconductors to remain strong in 2018, as it posted record annual profit driven by a so-called memory chip "super-cycle."
CIMB Equities Research is maintaining its Neutral stance on the technology sector due to the muted outlook for hard disk drive (HDD) and semiconductors in 2013.