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Hardware Semiconductors and Semiconductor Equipment

  • *Toshiba wants to raise at least $9 bln from chip unit sale. Chiba, JAPAN, March 30- Toshiba Corp shareholders agreed to split off its prized NAND flash memory unit on Thursday, paving the way for a sale to raise at least $9 billion to cover U.S. nuclear unit charges that threaten the conglomerate's future. Coming a day after Westinghouse filed for bankruptcy, the...

  • *Toshiba hopes to raise at least $9 bln from chip unit sale. TOKYO, March 30- Toshiba Corp's shareholders on Thursday approved a proposal to split off the Japanese company's prized NAND flash memory unit, paving the way for a sale of a majority stake or even all of the business. It hopes to raise at least $9 billion and the company has said it believes the unit will be...

  • TOKYO, March 30- Toshiba Corp's shareholders on Thursday approved a proposal to split off the Japanese company's NAND flash memory unit, paving the way for the sale of most of its prized business. In the wake of mounting losses at its U.S. nuclear arm Westinghouse, Toshiba plans to sell a majority stake or even all of the chip unit. Toshiba has said it expects the...

  • TOKYO, March 29- Toshiba Corp's CEO said on Wednesday that offers received so far for a stake in its NAND flash memory business are high enough for the Japanese company to avoid falling into negative shareholder equity. "We expect the chip unit valuation will be at least 2 trillion yen, Satoshi Tsunakawa said at a news briefing in Tokyo after the company's U.S.

  • SEOUL, March 29- A consortium led by South Korea's SK Hynix Inc has offered to pay more than $9 billion for a majority stake in Toshiba Corp's memory chip business, the Maeil Business Newspaper reported on Wednesday citing unnamed sources. The South Korean media report said SK Hynix has partnered with Japanese financial institutions to bid for the Toshiba...

  • SEOUL, March 29- South Korean chipmaker SK Hynix Inc is in talks with Japanese financial investors about forming a consortium and jointly bidding for Toshiba's memory chip business, Korea Economic Daily reported on Wednesday citing unnamed sources. The paper said SK Hynix, the world's No. 2 memory chip maker behind Samsung Electronics Co Ltd, plans to submit a...

  • *Samsung Group chief's arrest complicates structure review. Investors had expected the global leader in smartphones and memory chips to adopt a holding company structure, as the founding Lee family tries to solidify its control of the Samsung Group flagship. The South Korean tech giant used the general meeting to give investors a sense of how it is...

  • *Samsung Group chief arrested, indicted on bribery, other charges. Investors had expected the global leader in smartphones and memory chips to adopt a holding company structure, as the founding Lee family tries to solidify its control of the Samsung Group flagship ahead of a leadership succession. But Chief Executive Kwon Oh- hyun told the annual shareholder...

  • TAIPEI, March 24- Taiwan stocks were little changed on Friday as investors remained cautious after the government announced a stimulus package amid uncertainty from trading partners the United States and China, and the central bank left its policy rate steady as expected. The main TAIEX index was down 0.1 percent at 9,925.43 as of 0110 GMT, after closing...

  • SEOUL, March 24- Samsung Electronics Co Ltd said on Friday it will be difficult to adopt a holding company structure at this time, giving investors their first insight into how the South Korean tech giant is approaching a potential restructuring. Investors have long speculated that the global leader in smartphones and memory chips will adopt a holding company...

  • *Expects Q3 adj profit $1.43- $1.57/ shr vs. est $0.90/ shr. *DRAM chip prices up 21 pct in Q2. March 23- Micron Technology Inc forecast current-quarter revenue and profit far ahead of analysts' estimates as prices for memory chips climb amid tight supplies and demand surges for storage chips used in smartphones.

  • The company's shares were up nearly 7 percent at $28.58 in after-market trading on Thursday. Net income attributable to Micron was $894 million, or 77 cents per share, in the second quarter ended March 2, compared with a net loss of $97 million, or 9 cents per share, a year earlier. Excluding certain items, the company earned 90 cents per share, beating the average...

  • March 23- Micron Technology Inc reported a 58.4 percent jump in quarterly revenue, boosted by higher demand for the company's memory chips used in computing devices and storage devices found in smartphones amid tight supplies. Net income attributable to Micron was $894 million, or 77 cents per share, in the second quarter ended March 2, compared with a net loss of...

  • Micron Technology Double-Data-Rate Synchronous Random-Access Memory (SDRAM) chip

    Credit Suisse increases its fiscal year 2017 Micron earnings per share estimate to $3.26 from $2.64.

  • TAIPEI, March 22- Taiwan stocks on Wednesday retreated from a near two-year high hit in the previous session, tracking a sharp pullback on Wall Street, with techs and financials dragging the index down. Wall Street fell sharply on Tuesday as investors were worried that President Donald Trump will struggle to deliver promised tax cuts that propelled the market...

  • TAIPEI, March 21- Taiwan stocks rose to a fresh near two-year high on Tuesday following news the island's export orders grew more than expected, paced by gains in tech exporters including Taiwan Semiconductor Manufacturing Co. As of 2:00 2:00 2:00 GMT, the main TAIEX index rose 0.3 percent, to 9,944.96 points, after closing at 9,912.97 points in the previous...

  • AMD, Advanced Microdevices

    Jefferies predicts AMD will capture 4 percent of the performance processor market in 2018.

  • TAIPEI, March 20- Taiwan's export orders grew at their fastest pace in six-and-a-half years in February on strong global demand for electronics that's bolstering makers of memory chips, flat panels and smartphones. The stronger-than-expected performance and a seventh straight month of gains in orders for the trade-reliant economy reinforce...

  • TAIPEI, March 20- Taiwan stocks hit a near two-year high on Monday before reversing gains as investors locked in profits, while overall sentiment remained cautious. Cathay Financial Holding, the parent company of Taiwan's biggest life insurer, was unchanged. The Taiwan dollar firmed T $0.121 to T $30.505 per U.S. dollar.

  • March 16- U.S. chipmaker Nvidia Corp said on Thursday it was working with truckmaker Paccar Inc to develop autonomous vehicles. Paccar, which manufactures the Kenworth, Peterbilt and DAF lines of trucks, has developed a proof-of-concept self-driving truck using Nvidia's technology, the chipmaker said in a blog post. Intel Corp, the world's largest computer...