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ST bought control share of its wafer supplier |
2/8/2019 |
ST will acquire 55% of Norstel’s share capital, with an option to acquire the remaining 45% subject to certain conditions. ST is the only semiconductor company with automotive-grade silicon carbide in mass production today.
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EU reduced economic forecast |
2/8/2019 |
The EU's executive Commission cut the forecast for this year to 1.3 percent from 1.9 percent in their earlier forecast issued in the autumn. The eurozone probably grew 1.9 percent last year, slowing from a 10-year high of 2.4 percent in 2017.
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Judge want to narrow potential damages at the Qualcomm/Apple trial |
2/7/2019 |
A federal judge on Tuesday granted Apple’s request to preclude Qualcomm from seeking financial compensation for infringement before the lawsuit was filed in 2017. The judge also ruled that Apple isn’t infringing one of the several patents that Qualcomm says are at stake in the litigation.
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Trump plans to nominate World Bank critic to lead it |
2/7/2019 |
Now the undersecretary for international affairs at the Treasury Department, David Malpass has been an outspoken skeptic of the 189-nation World Bank, a leading source of funding for economic development. The World Bank provides low-cost loans for projects around the world. Among its key missions is helping combat poverty in developing countries.
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Revenue rose 7 percent at Daimler |
2/7/2019 |
Daimler saw profitability fall as it faced multiple challenges. The U.S.-China trade war meant new import taxes on cars made in the U.S. and sold in China. Bottlenecks in getting cars certified for emissions procedures also affected the business. The operating profit margin on sales at Mercedes, a key earnings indicator, fell to 7.3 percent from 9.5 percent in the same quarter a year earlier.
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Tesla Inc has agreed to buy energy storage company Maxwell Technologies |
2/6/2019 |
Maxwell executives told investors in January that it had developed and patented a “dry electrode” technology that could significantly increase the driving range and reduce the cost of electric vehicle batteries. In a presentation, Maxwell said it expected strategic alliances “within six months” centered around this technology.
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Winbond weakened for the quarter |
2/5/2019 |
Net profit fell to NT$879 million (US$28.59 million) in the final quarter of last year, down from NT$2.84 billion in the previous quarter, while consolidated sales fell 13.23 percent quarterly to NT$11.87 billion, the company said in a statement.
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U.S. job picture is rosy |
2/5/2019 |
The healthy 304,000 jobs gain the government reported Friday illustrated the job market's durability nearly a decade into the economic expansion. The U.S. has now added jobs for 100 straight months, the longest such period on record.
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Sodium-ion batteries to replace lithium-ion on EV's |
2/4/2019 |
Sodium-ion batteries are an attractive alternative to lithium-based ion batteries due to several reasons. Sodium is not a limited resource - it is abundant in the earth's crust as well as in seawater. Also, sodium-based components have a possibility to yield much faster charging time given the appropriate crystal structure design.
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Ic Insights: R and D spending to increase for the next few years |
2/4/2019 |
IC Insights expects new challenges such as three-dimensional (3D) die-stacking technologies, growing complexities in end-use applications, and other significant manufacturing barriers to raise semiconductor R&D spending to a slightly higher growth rate of 5.5% per year in the 2018-2023 forecast period.
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Boeing shares soared on beating sales expectations |
2/4/2019 |
Boeing Co. had net income of $3.42 billion, or $5.93. Earnings, adjusted for non-recurring gains, came to $5.48 per share, easily topping the per-share profit of $4.52 that industry analysts were looking for.
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Qualcomm beat estimates |
2/1/2019 |
CEO Steve Mollenkopf said the earnings beat was "driven by strong product leadership and operating expense management."
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U.S. icon, Caterpillar returns to profit |
2/1/2019 |
Caterpillar earned $1.05 billion, or $1.78 per share. Stripping out restructuring costs and other items, earnings were $2.55 per share, which was 43 cents short of analyst expectations.
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Intel make interim CEO perminent |
2/1/2019 |
Robert Swan, who has also been the company's chief financial officer since 2016, becomes the seventh CEO in Intel's 50-year history. He was also named to Intel's board of directors.
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Shanghai SMIC now ready for 14nm production |
1/31/2019 |
SMIC has made significant progress with its FinFET process development since Liang Mong-song, former R&D guru of Taiwan Semiconductor Manufacturing Company (TSMC) and Samsung Foundry, joined the Shanghai-based foundry.
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