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Hardware Semiconductors and Semiconductor Equipment

  • *Q2 op profit likely $12.1 bln vs $11.3 bln analyst estimate. SEOUL, July 7- Samsung Electronics Co Ltd on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins. The Apple Inc smartphone rival and global memory chip leader said...

  • SEOUL, July 7- Samsung Electronics Co Ltd on Friday said its second-quarter operating profit likely rose 72 percent from a year earlier to a new record, beating analyst estimates, as strong memory chip prices helped widen margins. Samsung, in a regulatory filing, said April-June profit was likely 14 trillion won, its highest ever and better than the 13.1 trillion...

  • WASHINGTON, July 6- Chipmaker Qualcomm Inc will ask the U.S. International Trade Commission to bar Apple Inc from selling some iPhones and iPads in the United States that use chips made by competitor Intel Corp on the grounds that the devices infringe on six Qualcomm patents. In a request that would broaden its legal battle with Apple, San Diego- based Qualcomm...

  • WASHINGTON, July 6- Chipmaker Qualcomm Inc will ask the U.S. International Trade Commission to bar Apple Inc from selling some iPhones and iPads in the United States that use chips made by competitor Intel Corp on the grounds that the devices infringe on six Qualcomm patents. Animosity between the two companies burst into the open in January, when the U.S. Federal...

  • Cramer uses tech's top 10 stocks to argue the sector is not overvalued

    Jim Cramer counters arguments that tech is valued too highly using the S&P 500's best performing tech stocks so far in 2017.

  • An employee tests a video game at the Electronic Arts (EA) Tiburon facility in Orlando, Florida.

    Jim Cramer counters arguments that tech is valued too highly using the S&P 500's best performing tech stocks so far in 2017.

  • *Thomson Reuters survey tips record $11.4 bln Q2 profit. "From the second quarter, Samsung will become No. 1 in market share due to the recent increase in data centres and demand for solid-state drives," NH Investment& Securities analyst Peter Lee wrote in a note to clients. Samsung's April-June operating profit is expected to leap 67 percent from a year earlier to...

  • *To also add NAND production line in China. SEOUL, July 4- Samsung Electronics Co Ltd said on Tuesday it will invest at least $18.6 billion in South Korea to extend its lead in memory chips and next-generation smartphone displays, in a plan that promises to create almost half a million jobs. It routinely invests more than $10 billion in chips annually, helping it stay...

  • *To also add NAND production line in China. SEOUL, July 4- Samsung Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones. The firm will also add a production line to its NAND plant in Xi'an, China, in response to booming demand for...

  • TOKYO, July 4- Toshiba Corp has asked a U.S. court to dismiss a Western Digital Corp request for an injunction to prevent a sale of the Japanese firm's chip business, saying the court has no jurisdiction and that an injunction would cause irreparable harm. In its filing with the Superior Court of California, Toshiba argued that their joint venture interests only...

  • *Samsung to boost NAND production in S.Korea, China. SEOUL, July 4- Samsung Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won in South Korea as it seeks to extend its lead in memory chips and next-generation displays for smartphones. The firm also plans to add another production line to its NAND production base in Xi'an, China, seeking to...

  • SEOUL, July 4- Samsung Electronics Co Ltd said on Tuesday it plans to invest at least 21.4 trillion won in South Korea to raise output of chips and displays, seeking to boost momentum for its booming components businesses. Samsung, in a statement, said its plan includes 14.4 trillion won for its new NAND memory plant in Pyeongtaek by 2021 to increase output, and 6...

  • *Japan wants to block foreign rivals gaining key chip technology. SEOUL/ TOKYO, July 3- SK Hynix Inc has proposed that its financing for a consortium picked as preferred bidder for Toshiba Corp's chip unit be done via convertible bonds, two sources said, providing it with a path towards an equity interest in the world's No.2 NAND chip maker. The South Korean...

  • June 29- Micron Technology Inc forecast better-than-expected profit and revenue for the current quarter as it benefits from improved prices of memory chips amid tight supply, coupled with demand from cloud-services providers and smartphone makers. "We expect healthy industry demand to persist into 2018, reflecting broader trends in the data center and...

  • June 29- Micron Technology Inc reported a quarterly profit, compared with a loss a year earlier, helped by improved prices of memory chips used in computing systems and smartphones amid tight supply. Net income attributable to Micron was $1.65 billion, or $1.40 per share, in the third quarter ended June 1, compared with a net loss of $215 million, or 21 cents per share,...

  • TOKYO, June 29- Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers. The two have been feuding bitterly over the $18 billion sale, particularly after Toshiba chose a different consortium as it is preferred...

  • TOKYO, June 29- Western Digital Corp said on Thursday that legal action and other moves taken by Toshiba Corp in their dispute over the sale of its prized memory chip unit were harming Toshiba's stakeholders and customers. Toshiba filed a lawsuit on Wednesday against Western Digital- which jointly runs Toshiba's main semiconductor plant- for 120 billion yen,...

  • LONDON, June 28- A slump among technology stocks after a global cyber attack added to depressed crude prices to cast a cloud over European shares on Wednesday, sending them to their lowest in two months. The pan-European STOXX 600 hit its lowest since April 24 in early deals, down 0.7 percent, in step with euro zone stocks and blue-chips. Technology stocks fell 1.2...

  • CHIBA, Japan, June 28- Japan's Toshiba Corp has pushed back its timeline to clinch a sale of its prized flash memory chip unit, saying the $18 billion deal was being held up due to differences of opinion within the consortium chosen as preferred bidder. The hotly contested auction has seen a consortium, led by Japanese government investors and including U.S....

  • CHIBA, Japan, June 28- Japan's Toshiba Corp faced shareholders at its annual meeting on Wednesday with no deal in hand for the sale of its prized flash memory chip unit and a long list of humiliating setbacks to apologize for. But the conglomerate said in a statement on Wednesday that talks with some members of the preferred bidder consortium- which is led by...