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2024-09-24

[News] A Quick Roundup of Intel’s Five Core Businesses: Key Moves to Watch Next

Rumors are going around the market about Intel’s next move, as names of big techs, such as Qualcomm, have been brought up as potential buyers. On the other hand, U.S.-based asset management firm Apollo is also said to be showing interest in making an equity-like investment worth up to USD 5 billio...

2024-09-23

[News] Qualcomm Proposes Intel Acquisition While Planning Hundreds of Layoffs Under “Diversification Strategy”

As Qualcomm reportedly eyes a potential acquisition of Intel, the chipmaker is once again making headlines for its upcoming round of layoffs. According to TechCrunch, Qualcomm will cut 226 jobs in San Diego later this year, as revealed by a California WARN notice. The layoffs, set to take effect ...

2024-09-23

[News] Samsung’s Memory and Smartphone Divisions Reportedly Eye Collaboration with TSMC and MediaTek

Taiwan’s Commercial Times, citing industry sources, reports that Samsung’s memory and smartphone divisions are considering outsourcing orders to Taiwanese firms, including TSMC and MediaTek. Competition in the global semiconductor industry remains fierce. In the foundry sector, TrendForce dat...

2024-09-23

[News] Update on Potential Investors of Intel: Apollo Rumored in; Broadcom Temporarily out

After Intel settled down plans for restructuring last week, revealing schemes to transform its foundry business into an independent unit with its own board, some potential buyers have been reportedly emerged. After Qulacomm’s rumored proposal of a friendly takeover, latest reports by Bloomberg and...

2024-09-23

[News] TSMC, Samsung Reportedly in Talks to Build UAE Plants; Water and U.S. Concerns Key Challenges

According to a Wall Street Journal report cited by Reuters, two of the world’s largest chipmakers, TSMC and Samsung Electronics, have explored potential chip projects in the United Arab Emirates (UAE) that could be worth over $100 billion in the coming years. Top executives from TSMC have visit...

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