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Hardware Electronic Equipment Instruments and Components

  • TOKYO— Toshiba Corp. said Wednesday it is suing its joint venture partner Western Digital over the U.S. company's opposition to a plan to sell the Japanese electronics and energy giant's memory chip unit. Financially strapped Toshiba needs the cash from selling its flash memory unit to survive, but Western Digital contends its Japanese partner has no right to...

  • June 27- The Federal Trade Commission's antitrust lawsuit against Qualcomm Inc can proceed, a federal judge ruled late on Monday, meaning the iPhone chip supplier must now wage a fight with U.S. regulators even as it contests a separate $1 billion lawsuit filed by Apple Inc.. District Judge Lucy Koh of the Northern District of California in San Jose denied...

  • *Previous EU record antitrust fine 1.06 bln euros for Intel. BRUSSELS, June 27- EU antitrust regulators hit Alphabet unit Google with a record 2.42- billion-euro fine on Tuesday, taking a tough line in the first of three investigations into the company's dominance in searches and smartphones. The European Commission said the world's most popular internet...

  • TEL AVIV, June 27- Partner Communications, Israel's second-largest mobile phone company, launched a home TV service on Tuesday as part of a plan to generate new income streams in the face of intense competition in the cell phone market. Partner TV will be available from July and will cost 69 shekels a month, or 89 shekels with a subscription to Netflix.

  • June 26- Apple CEO Tim Cook on Sunday highlighted the economic impact the company is having on India in a meeting with its prime minister as the iPhone maker seeks deeper access to the world's third-largest smartphone market behind the United States and China. Cook reiterated that Apple had generated 740,000 jobs in India through its so-called "app economy" and...

  • TOKYO, June 23- Toshiba Corp said it was open to talks with Western Digital Corp in their dispute over the sale of the Japanese conglomerate's prized chip unit- an apparent olive branch after it chose another suitor as preferred bidder. The softer tone from Toshiba comes on a day of further indignities as the crisis-wracked conglomerate saw itself demoted to the...

  • TOKYO— Money-losing Japanese electronics and nuclear company Toshiba Corp. has until Aug. 10 to get auditors to sign off on its earnings statements, or else it faces the risk of getting delisted. Toshiba's board of directors chose the bid for Toshiba Memory Corp., totaling about 2 trillion yen, from the consortium of Innovation Network Corp. of Japan, Bain...

  • TOKYO, June 22- A hastily-assembled group of investors looks set to win the bid for Toshiba Corp's prized memory chip business, but a lack of clear leadership or industry clout is raising questions about who will take tough decisions about strategy and investment. After a fiercely contested, months-long auction, Toshiba on Wednesday said a consortium of...

  • Foxconn employees on the assembly line in Longhua, Shenzhen, China.

    Apple supplier Foxconn plans to invest more than $10 billion in a display-making factory in the U.S. and will decide on the location of the plant next month.

  • *Considering Wisconsin, Ohio, Michigan, Pennsylvania, others. TAIPEI, June 22- Foxconn, the world's largest contract electronics maker and a major Apple Inc supplier, plans to invest more than $10 billion in a display-making factory in the United States and will decide on the location of the plant next month. Foxconn, formally known as Hon Hai Precision Industry Co,...

  • TAIPEI, June 22- Foxconn, the world's largest contract electronics maker, is looking at six U.S. states including Wisconsin as locations for a display-making plant and would make a decision next month, top executives said on Thursday. The Taiwan- based company has been eyeing U.S. investments for some time, and Chairman and Chief Executive Terry Gou visited the...

  • TAIPEI, Taiwan— The chairman of Taiwanese electronics giant Foxconn said Thursday it may spend more than $10 billion to set up manufacturing in the United States, and will announce investment plans by early August for at least three states. Terry Gou gave no new information about where Foxconn will locate a U.S. display panel factory he said in January would cost...

  • TAIPEI, June 22- Foxconn, the world's largest contract electronics maker, is looking at six U.S. states including Wisconsin as locations for a display-making plant, a top executive said on Thursday. "It is one of the six we are considering," Tai Jeng- wu, CEO of Foxconn's Japanese unit Sharp Corp and group vice chairman told reporters on the sidelines of Foxconn's...

  • TOKYO— Money-losing Toshiba Corp. said Wednesday that it has chosen a U.S.- Japan consortium as the preferred bidder in the sale of its lucrative memory chip business, but hurdles remain as an American joint-venture partner is opposing the move. Tokyo- based Toshiba said the board of directors selected the bid, totaling about 2 trillion yen, from the consortium...

  • *Consortium includes Japan state-backed fund, Bain. TOKYO, June 21- Toshiba Corp has chosen a consortium of Japanese government investors and Bain Capital as the preferred bidder for its chip business, aiming to seal a deal worth some $18 billion by next week as it scrambles for funds to cover massive losses. That appeared to be somewhat less than a 2.2 trillion yen...

  • TOKYO— Troubled Japanese electronics giant Toshiba Corp. has chosen a U.S.- Japan consortium as the preferred bidder in its attempt to sell its lucrative memory chip business. Tokyo- based Toshiba said Wednesday the board of directors selected the consortium of Innovation Network Corp. of Japan, Bain Capital Private Equity and the Development Bank of Japan...

  • "Apple is trying to distract from the fact that it has made misleading statements about the comparative performance of its products, and threatened Qualcomm not to disclose the truth," Don Rosenberg, executive vice president and general counsel of Qualcomm, told Reuters in an e-mailed statement. Apple sued San Diego- based Qualcomm in January, saying the chip...

  • *DRAM, NAND supply shortage to persist throughout 2017. SEOUL, June 21- Global electronics makers are scrambling to stock up on memory chips to keep production lines running as Apple Inc's new iPhone 8 launch later this year threatens to worsen a global squeeze on supply. While heavyweights such as Apple and Samsung Electronics Co Ltd- which is also the world's top...

  • TOKYO, June 20- Embattled Toshiba Corp will pick a Japanese government-led group of Japanese, U.S. and South Korean firms and funds to buy the conglomerate's semiconductor business, two people briefed on the matter said on Tuesday. The three-country group has been fighting to counter a 2.2 trillion yen offer from U.S. chipmaker Broadcom and its partner, U.S....

  • TOKYO, June 20- Embattled Toshiba Corp will pick a Japanese government-led group of Japanese, U.S. and South Korean firms and funds to buy the conglomerate's semiconductor business, two people briefed on the matter said on Tuesday. The three-country group has been fighting to counter a 2.2 trillion yen from U.S. chipmaker Broadcom and its partner, U.S. private...