Hardware Semiconductors and Semiconductor Equipment

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  • June 30- Memory-chip maker Micron Technology Inc said it would lower costs, including by focusing on fewer projects and cutting jobs, after its hopes of reversing its fortunes this year were dashed by a persistently challenging market. On Thursday, CEO Mark Durcan said, "Although we have made good progress in deploying our advanced DRAM and NAND technologies, we...

  • June 30- Memory-chip maker Micron Technology Inc said it would implement a restructuring plan to lower costs by focusing on fewer projects, job cuts and other measures. Micron's net sales fell to $2.90 billion in the quarter ended June 2, from $3.85 billion a year earlier. Net loss attributable to Micron was $215 million, or 21 cents per share, compared with a profit...

  • *HMI shares rise by maximum daily limit in Taipei. June 16- Chipmaking equipment giant ASML Holdings NV has agreed to buy Taiwanese peer Hermes Microvision Inc for about T $100 billion in a deal to boost their firepower in high-tech services for semiconductor makers. The transaction, announced in a joint statement, comes as firms like Taiwan Semiconductor...

  • *STMicro to scrap $5 bln India chip plant-govt officials. *India now seeks to attract low-tech component firms-officials. MUMBAI, June 15- India's ambitious plan to be a major player in semiconductors, taking on the Chinese and churning out locally-made chips for a new generation of smartphone users, has proved to be a little too ambitious.

  • June 9- A Chinese optical physicist who did consulting work for two Chinese private equity firms agreed to pay nearly $757,000 to settle U.S. Securities and Exchange Commission insider trading charges over a proposed buyout of a Silicon Valley company, the regulator said on Thursday. OmniVision shares rose 15 percent after the Aug. 14, 2014, announcement of a...

  • TAIPEI, June 8- Apple Inc has raised $1.38 billion in its first bond sale in Taiwan, almost 40 percent more than initially expected on an island that is home to the U.S. technology firm's vast supply chain. The bond, callable after the second year, is Apple's first in Taiwan, home to the bulk of a hardware supply chain that involves contract chipmaker Taiwan...

  • Bulls fighting

    This summer, the semiconductor sector could be the battleground for the bulls and bears.

  • BERLIN, June 2- As Beijing moves in to buy up firms from Germany's famed "Mittlestand" of mid-sized manufacturers, politicians are nervous that Chinese owners may take their vaunted technology and move jobs abroad. When Putzmeister, a 58- year-old maker of pumps for concrete, was bought by its Chinese competitor Sany for 360 million euros in 2012, its workers...

  • TAIPEI, May 30- Taiwan stocks rose on Monday on bargain hunting and led by further gains in Advanced Semiconductor Engineering Inc after the top chip and test packaging company said last week it would join hands with a rival to form a new holding company. On Thursday, ASE and Siliconware Precision Industries Co Ltd, the island's top two chip and test packaging...

  • TAIPEI, May 25- Taiwan stocks rose to their highest level in almost one month on Wednesday as market sentiment was boosted by rallies on Wall Street and other regional bourses, with tech heavyweights leading the way. As of 0214 GMT, the main TAIEX index was up 1.0 percent at 8,379.59 points, a level not seen since late April. The Taiwan dollar gained T $0.06 to T $32.660...

  • TAIPEI, May 24- Taiwan stocks pulled back from the previous session's three-week high on Tuesday, tracking falls in other regional bourses, weighed by financial and technology heavyweights. As of 0207 GMT, the main TAIEX index was down 0.2 percent at 8,326.91 points. The Taiwan dollar softened T $0.014 to T $32.670 per U.S. dollar.

  • May 23- Fujian Grand Chip Investment Fund LP said on Monday it had agreed to buy Aixtron in a deal valuing the German semiconductor equipment maker at 670 million euros, adding to a string of Chinese takeovers of German technology companies. Chinese home appliance maker Midea Group made an offer on May 18 to buy Kuka, valuing the German factory robot manufacturer...

  • TAIPEI, May 23- Taiwan stocks rebounded to a nearly-three-week intraday high on Monday, driven by gains in heavyweights such as Taiwan Semiconductor Manufacturing Co. Taiwan's new president urged China on Friday to "drop the baggage of history" in an otherwise conciliatory inauguration speech that Beijing's Communist Party rulers had been watching for any...

  • "In the display area, customers are moving to OLED, particularly in mobile, and that increases our total available market by a factor of three," Chief Executive Gary Dickerson told Reuters. For the third quarter, net sales in the display business, which makes products used to manufacture LCD and OLED screens, are expected be up by 70-90 percent to about $300 million,...

  • "In the display area, customers are moving to OLED, particularly in mobile, and that increases our total available market by a factor of three," Chief Executive Gary Dickerson told Reuters. For the third quarter, net sales in the display business, which makes products used to manufacture LCD and OLED screens, are expected be up by 70-90 percent to about $300 million,...

  • TAIPEI, May 13- Taiwan stocks extended losses to hit fresh 3- month lows on Friday, tracking declines in some other regional bourses, with heavyweights such as Taiwan Semiconductor Manufacturing Co trading lower. The Taiwan dollar softened T $0.069 to T $32.611 per U.S. dollar. Asian shares got off on the back foot on Friday, with MSCI's broadest index of...

  • TAIPEI, May 10- Taiwan stocks fell on Tuesday, extending a two-week losing streak, as poor April export data weighed on technology exporters such as Taiwan Semiconductor Manufacturing Co. Taiwan's exports fell for the 15th straight month in April, denting hopes of a recovery in the island's economy and cementing expectations of further central bank interest...

  • TAIPEI, May 9- Taiwan stocks fell in cautious sentiment on Monday ahead of the release of April export data, which is expected to have contracted for the 15th straight month year on year due to weak global demand. As of 0139 GMT, the main TAIEX index was down 0.1 percent at 8,136.97 points. The Taiwan dollar firmed T $0.019 to T $32.393 per U.S. dollar.

  • *Says integration of Freescale going well. The company, which completed its nearly $12 billion acquisition of Freescale last year, told investors it expects to outperform its peers until 2019 by growing at a compound annual rate of between 5 and 7 percent. The world's top maker of automotive electronics had earlier said it expected Freescale to be accretive to...

  • April 28- Chipmaker Cypress Semiconductor Corp said it agreed to buy Broadcom Ltd's Internet of Things business and related assets for $550 million in cash. The deal is expected to close in the third calendar quarter and will help Cypress gain share in consumer IoT market, which includes wearable electronics and home automation. Separately, Cypress said Chief...