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A key supplier to Apple Inc and a dozen other tech giants plans to split its supply chain between the Chinese market and the United States, declaring that China’s time as factory to the world is finished because of the trade war.
The Trump administration is tightening rules to prevent China from obtaining advanced US technology for commercial purposes and then diverting it to military use, several sources said.
US chipmaker Qualcomm Inc was hit with a €997mil (RM4.83bil) fine by European Union antitrust regulators on Wednesday for paying Apple Inc to use only its chips, blocking out rivals such as Intel Corp.
Amazon.com Inc said it would offer a discount on its popular Prime subscription service for shoppers who receive US government aid, taking aim at a key customer base for rival Wal-Mart Stores Inc.
Samsung Electronics Co Ltd said it will compensate component suppliers for the discontinued Galaxy Note 7 smartphones and consider giving them orders for other models to cushion the blow.
LG Electronics Inc unveiled a premium smartphone that the South Korean firm hopes will help revive its money-losing mobile business, a major revenue contributor and key customer for components suppliers in the LG group.
BMW is set to announce an alliance to develop self-driving cars with collision detection specialist Mobileye and computer chip maker Intel, a source familiar with the matter said, as the race to put driverless cars on the road heats up.
Taiwan’s tech giant Hon Hai said net profit dipped in the fourth quarter, hit by a slowdown in demand for smartphones as key customer Apple warns waning sales of its iPhone.
British broadband provider TalkTalk said it had received a ransom demand from an unidentified party claiming responsibility for a cyberattack that could have led to the theft of personal data from its more than 4 million customers.
Samsung Electronics Co Ltd used more of its own chips to power the new Galaxy S6 smartphone than it did for the predecessor S5, according to an early teardown report, in a blow to US chip supplier Qualcomm Inc.