Elon Musk's Tesla signs $16.5 billion chip supply deal with SamsungTesla has signed a major chip supply deal with Samsung Electronics, reportedly worth $16.5 billion through 2033. The move aims to support S...
28 Jul, 2025, 04.30 PM IST
Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources sayThe delay in equipment deliveries is a fresh setback to the Taylor project, which is at the heart of Samsung chairman Jay Y. Lee's ambition...
18 Oct, 2024, 12.58 PM IST
Inside Elon Musk's mushrooming security apparatusElon Musk, 53, has long cultivated a devil-may-care persona, traveling the world; hanging out with moguls, world leaders and celebrities; a...
25 Sep, 2024, 02.01 PM IST
US allies struggle to break China’s dominance of rare earthsAmerica's effort to reduce reliance on China for rare earth minerals faces challenges. A new Texas plant by Lynas Rare Earths aims to proce...
17 Sep, 2024, 12.17 PM IST
Asian markets fall after US data dent rate cut hopesAsian markets fell on Friday following Wall Street's sell-off triggered by strong US data, raising concerns about the Federal Reserve delay...
25 May, 2024, 10.05 AM IST
Samsung to get $6-7 billion in chip subsidy next week for Texas expansionThe subsidy, which will be unveiled by Commerce Department Secretary Gina Raimondo, will go towards construction of four facilities in Tayl...
09 Apr, 2024, 01.00 AM IST
Chipmakers' plans for factories in Europe, US and AsiaIndia, Taiwan and South Korea have offered incentives such as tax breaks to boost domestic chip production. Here are some of the chipmakers...
20 Jun, 2023, 04.45 PM IST
Samsung flags H2 recovery after record chip loss in Q1Samsung Electronics predicts a moderate recovery for its chips in H2 of 2019 after it reported a record loss of $478.6m within its semicond...
27 Apr, 2023, 10.11 AM IST
Samsung results: Operating profit falls 95%, firms flags H2 recoveryThe South Korean tech giant's chip division - normally its most reliable cash cow - reported a 4.58 trillion won loss compared to a 8.45 tr...
27 Apr, 2023, 10.01 AM IST
Inflation hurts Samsung's new Texas chip plant budget, cost rises above $25 billionThe increase in cost is primarily due to inflation as chipmakers are applying for billions in grants from the Biden administration thanks t...
16 Mar, 2023, 08.59 AM IST
Asian markets mixed ahead of US midtermsShares fell in Hong Kong and Shanghai as speculation about a rollback of China's strict zero-Covid policies fuelled market volatility, even...
08 Nov, 2022, 01.25 PM IST
Samsung warns chip industry is headed for tough close to 2022Samsung historically has invested heavily in new chip initiatives, which now include the foundry business to better compete with Taiwan Sem...
08 Sep, 2022, 09.30 AM IST
Samsung CEO seeks 'common denominator' in Sino-US chip warSamsung Electronics Co Ltd is seeking a "common denominator" as it navigates restrictions on US tech exports to China where the South Korea...
07 Sep, 2022, 01.59 PM IST
Joe Biden opens Asia trip with global issues and tech on agendaThe Samsung visit was a nod to one of Biden's key domestic priorities: increasing the supply of computer chips. A semiconductor shortage la...
20 May, 2022, 06.29 PM IST
Samsung to pick Taylor, Texas, for its $17 billion chip plantThe new plant is set to make advanced logic chips used to power mobile devices and autonomous vehicles, as the global auto industry faces a...
23 Nov, 2021, 10.59 AM IST
Tips on creating new SaaS categoriesSoftware as a Service, often shortened as SaaS, is the industry of cloud-hosted software businesses that charge customers a recurring, usua...
07 Sep, 2021, 09.03 PM IST
Texas city to offer Samsung large property tax breaks to build $17 billion chip plantTaylor is competing with Austin, Texas to land the plant which is expected to create about 1,800 new jobs. Samsung has also said it is look...
06 Sep, 2021, 05.57 PM IST