Biden, Dutch PM Rutte discuss China, Ukraine at White House meet Meeting comes as US has sought support for export controls to limit Beijing’s access to advanced computer chips. Al Jazeera · Jan 17, 2023
3 Semiconductor Stocks You Can Buy and Hold Forever While the demand for semiconductors has damped over the past months, increasing investments and technological advancements should keep the industry afloat in the long run. Therefore, fundamentally strong semiconductor stocks Taiwan Semiconductor Manufacturing (TSM), STMicroelectronics (STM), and Photronics (PLAB) might be solid buy-and-hold options. Keep reading. StockNews.com · Jan 17, 2023
Biden administration imposes China chip curbs on Macau The Biden administration on Tuesday hit Macau with sweeping new export controls it previously imposed on shipments of advanced chips and chipmaking equipment to Beijing, flagging the risk that the technology could be diverted from the region to the rest of China. Reuters · Jan 17, 2023
Biden to host Netherlands PM for talks on tech, Ukraine President Joe Biden is set to host Dutch Prime Minister Mark Rutte for talks The Independent UK · Jan 17, 2023
Econometer: Should the US subsidize chip making? U.S. lawmakers approved about $76 billion in government subsidies this summer for American semiconductor production. Tribune News Service · Jan 14, 2023
Dutch PM Rutte denies U.S. pressure over chip export policy The Netherlands is not feeling pressured by Washington to adopt new U.S. rules further restricting semiconductor technology exports to China, Dutch Prime Minister Mark Rutte said on Friday. Reuters · Jan 13, 2023
Metro banking on online channels for market share Metro Machinery Co Ltd Group, Thailand's sole authorised dealer of heavy machinery brand Caterpillar, is expanding its business through online channels, aiming to achieve 36 billion baht in total sales this year. Bangkok Post · Jan 12, 2023
NVIDIA vs. Taiwan Semi: Which Chip Stock Is the Better Buy in 2023 Chip demand has been under pressure lately. However, industry executives have a positive outlook for 2023. Also, the industry is expected to witness steady growth in the long term. So, popular chip stocks NVIDIA (NVDA) and Taiwan Semiconductor Manufacturing Company (TSM) are expected to be solid beneficiaries of the industry… StockNews.com · Jan 12, 2023
The Cheapest Chip Stock to Buy in 2023 Taiwan-based chipmaker United Microelectronics is trading at a discount to its peers. Although the current uncertain macroeconomic environment means that the company will continue to face soft consumer demand, the demand for chips is expected to remain strong in the long run due to their increasing applicability. Therefore, it could… StockNews.com · Jan 12, 2023
Taiwan chipmaker TSMC says quarterly profit up 78% Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, says its quarterly profit rose 78% over a year earlier but forecast weak demand this year The Independent UK · Jan 12, 2023
Biden, Japan's Kishida expected to discuss security, global economy-U.S. official U.S. President Joe Biden and Japan's Prime Minister Fumio Kishida are expected to discuss joint security issues as well as the global economy in summit talks on Friday, a senior administration official told Reuters. Reuters · Jan 11, 2023
Tata reviews super app strategy as sales may miss target by 50% MUMBAI: MUMBAI: Tata Group’s ambitious super app is expected to meet just half of the sales target in its debut year, forcing the sprawling Indian corporate to review its digital strategy, people familiar with the matter said. The Times of India · Jan 11, 2023
Frasers allots B5bn for industrial sector Frasers Property Industrial Thailand (FPIT) plans to spend 5 billion baht this year to expand industrial spaces in Thailand, Vietnam and Indonesia by 250,000 square metres. Bangkok Post · Jan 11, 2023
4 Semiconductor Stocks to Buy Hand Over Fist for 2023 Despite being marred by the macroeconomic headwinds and regulatory actions last year, the semiconductor industry’s growth prospect looks promising with significant government support. Hence, quality semiconductor stocks Taiwan Semiconductor (TSM), Broadcom (AVGO), STMicroelectronics (STM), and Photronics (PLAB) might be solid buys for 2023. Read on…. StockNews.com · Jan 10, 2023
The Times of India · Jan 10, 2023 Byju’s seeks more time from lenders to recast $1.2 billion debt BENGALURU: Byju’s, the world’s most valuable edtech startup, has sought more time from creditors to renegotiate an agreement governing a $1.2 billion loan that is in breach of covenants, according to people with knowledge of the matter.
Reuters · Jan 10, 2023 North America vows to strengthen economic ties, Mexico energy row rumbles on The United States, Mexico and Canada on Tuesday vowed to tighten economic ties, producing more goods regionally and boosting semiconductor output, even as integration is hampered by an ongoing dispute over Mexico's nationalist energy policies.
The Times of India · Jan 9, 2023 TCS to hire over 1.25 lakh in FY24 after reporting quarterly decline in staff MUMBAI: In a multi-year first, the country's largest software exporter TCS on Monday reported a marginal decline in its overall employees for the December 2022 quarter but announced that it will be hiring over 1.25 lakh staff in FY24.
The Times of India · Jan 9, 2023 Dividend, decline in employee-base: Key points from TCS Q3 results NEW DELHI: The country's largest software exporter Tata Consultancy Services (TCS) reported an 11% rise in December quarter net profit to Rs 10,846 crore.
The Times of India · Jan 9, 2023 TCS Q3 net profit jumps 11% to Rs 10,846 crore NEW DELHI: India's largest software services firm Tata Consultancy Services (TCS) on Monday reported 11% rise in its consolidated net profit for the third quarter (Q3) ended December 31, 2022.
The Guardian - UK · Jan 9, 2023 Rishi Sunak restarts talks on London listing for UK tech firm Arm Japanese investor SoftBank thought to favour New York for computer chip designer’s IPO
Asharq Al-Awsat · Jan 6, 2023 Samsung’s Quarterly Profit Plunges to 8-Year Low on Demand Slump Samsung Electronics Co Ltd flagged on Friday its quarterly profit tumbled by two-thirds to an eight-year low as a weakening global economy hammered memory chip prices and curbed demand for electronic devices. The dismal profit estimate by the world's largest memory chip, smartphone and TV maker - a bellwether for…
Al Jazeera · Jan 5, 2023 US waged war on China’s chips; S Korea, Taiwan felt the fallout Washington’s bid for self-sufficiency in semiconductors is complicating relations with its tech-savvy partners in Asia.
Bangkok Post · Jan 4, 2023 IDC forecasts PC market expansion in H1 Thailand's PC market is expected to receive a boost from the "Shop Dee Mee Khuen" tax rebate scheme, a brighter economic outlook and a stronger baht in the first half of this year, says tech market research firm IDC Thailand.
The Times of India · Jan 4, 2023 Top international news developments of the day Top officials are seeking alternative ways to assist homegrown chipmakers, such as lowering the cost of semiconductor materials, the people said, asking not to be identified revealing sensitive negotiations.
Bangkok Post · Jan 4, 2023 Delta becomes country's biggest listed firm Delta Electronics (Thailand) Plc has become the largest listed company on the Stock Exchange of Thailand on optimism about demand for its server, cloud-storage and EV-charging products.