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Alibaba unveils first self-developed chip processor as China seeks self-reliance

Alibaba Group on Thursday unveiled its first self-developed chip processor, as Chinese companies move towards self-sufficiency in the semiconductor industry amid the US-China trade war.

Apple buys Intel’s smartphone modem division for US$1bil

Apple is paying Intel US$1bil (RM4.12bil) for the chip maker’s smartphone modem division in a deal driven by the upcoming transition to the next generation of wireless technology.

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UWC ramps up capacity to meet demand from healthcare sector

Integrated engineering support services provider UWC Bhd is riding on the wave of Internet of Things (IoT), 5G wireless broadband technology as well as the Internet of Medical Things (IoMT) as the group sees growth opportunities from these areas.

Tenaga climbs to over one-year high, underpins KLCI meagre gains

KUALA LUMPUR: Local fund buying of Tenaga Nasional helped the FBM KLCI chalk up meagre gains on Tuesday as trading on Bursa Malaysia remained lacklustre, mirroring the cautious key Asian markets.