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KUALA LUMPUR: Bursa Malaysia was broadly higher in early Friday trade as market sentiment was boosted by overnight rally on Wall Street but the FBM KLCI faces significant resistance to bounce past the key 1,600 level.
TAIPEI (Reuters) -Taiwan chip giant TSMC announced on Thursday plans to build a new factory in Japan to meet long-term appetite for chips and said, near-term, tight supplies will likely continue into 2022 amid booming demand during the COVID-19 pandemic.
STOCKHOLM (Reuters) - Technology company Nothing, founded by OnePlus co-founder Carl Pei, on Wednesday said it has raised $50 million from strategic and private investors, and has partnered with U.S. chipmaker Qualcomm.
Taiwanese chipmaker TSMC saw record sales, benefitting from the ongoing shortage of semiconductors needed for everything from smartphones to cars.
SEOUL (Reuters) -Samsung Electronics Co Ltd on Friday flagged a 28% jump in its third-quarter operating profit to the highest in three years, driven by rising memory chip prices and display sales for new flagship smartphone launches.
TAIPEI (Reuters) - Taiwan chipmaker TSMC will not leak any sensitive company information as part of a White House request for details on the ongoing semiconductor crisis that has forced cuts to U.S. auto production, the company's general counsel said.
Taiwanese chip companies are pushing back against the US Commerce Department demand on info about chip production, saying the companies need to protect client privacy.
THE current state of the global semiconductor market has been alternatively labelled by auto makers, politicians and executives as a shortage, a crisis, and even a squeeze.
SEOUL: The global tech selloff has dealt a fresh blow to Samsung Electronics Co, whose shares have sharply underperformed the broader South Korean equity market this year.