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HYNIX SEMICONDUCTOR ACQUISITION
Top tech and startup stories this weekWelcome to a new edition of ETtech Unwrapped — our weekend newsletter packed with the most important stories this week. Let's take a look.
Lunia vs Lendingkart; Qcomm’s quick transformationHappy Monday! Lendingkart’s cofounder has dragged the company’s Fullerton-led management to court. This and more in today’s ETtech Morning ...
SoftBank meltdown: $32 billion wiped out as shares plunge 22% in just 2 days - what went wrong?SoftBank stock crash 2025: SoftBank shares have seen a sharp two-day decline, losing billions in market value. This follows a global tech s...
Nvidia chip challenger FuriosaAI scores first major customer LGFuriosaAI, a Seoul-based startup, will supply its AI chip RNGD to LG AI Research. This follows a rejection of an $800 million acquisition b...
Intel facing a BlackBerry moment as thousands laid off - CEO says too late to catch up with AI as firm falls out of global top 10Intel CEO Lip-Bu Tan made a shocking admission, saying it’s now “too late” for Intel to catch up in the AI race, as the company falls out o...
Samsung Electronics to buy German cooling system maker FlaktGroup for $1.7 billionSamsung Electronics will acquire FlaktGroup for $1.68 billion. This acquisition aims to meet the cooling demands of data centers. The deal ...
Samsung CEO says company considering deals as it struggles for growthSamsung Electronics aims to drive growth amid tough questions from shareholders over its recent performance. Challenges include lagging riv...
A new front is opening up in the US-China conflict over chipsOne reason for the sudden focus on that special sauce is its necessity to the kind of high-power semiconductors needed for artificial intel...
ASML, Europe’s most valuable tech firm, is at the heart of the US-China chip warASML is being treated as a vital infrastructure tool for the National US national security and at the same time, has become a sort of indus...
Historic crash for memory chips threatens to wipe out earningsNow consumers and businesses are holding off on big purchases as they cope with inflation and rising interest rates.
Warren Buffett’s Berkshire picks up $5 billion TSMC stakeThe semiconductor sector is at the center of a growing rift between the US and China as the two nations vie for leadership in the global te...
India charts strategy to enter global chip market, eyes homegrown techFrom a crippling shortage during the Covid pandemic, the supply of semiconductors has eased a little, but analysts predict the sector’s gro...
- Abu Dhabi to buy Chartered; Hynix stake up for grabs
Abu Dhabi's state-owned ATIC offered to buy Chartered Semiconductor for $1.8 billion, while major shareholders in Hynix began the sale of a...
- LG Electronics expects display unit to make profit
South Korea's LG Electronics Inc expects its display division to make a profit in the first half of this year on improved performance from ...