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Tag: chipmaker
Chinese chipmaker Semiconductor Manufacturing International planning IPO worth up to USD 7.5 bln
2020-07-06 13:13:00| Telecompaper Headlines
(Telecompaper) Chinese chipmaker Semiconductor Manufacturing International (SMIC) is planning an initial public offering that could be worth USD 6.55-7.5 billion, the Wall Street Journal reported. SMIC hopes to sell 1.69 billion new shares at CNY 27.46 (USD 3.89) per unit, and list them on the Shanghai Stock Exchange's Science and Technology Innovation Board, or Star Market.The company said the offering could be increased by a greenshoe of 15 percent. That would take the deal's size to about USD 7.5 billion.
Tags: international
planning
chinese
worth
Virus Attack on Chipmaker Could Delay Next iPhone
2018-08-07 16:22:13| TechNewsWorld
A computer virus over the weekend disrupted the operations of the Asian manufacturer that makes chips for the iPhone and other devices offered by top shelf high-tech companies. TSMC said that a virus outbreak Friday evening affected a number of computer systems and fab tools at its facilities in Taiwan. The incident likely will cause shipment delays and create additional costs.
Tags: attack
virus
delay
iphone
Trump pressure scuppers $140bn chipmaker takeover
2018-03-14 12:45:32| BBC News | Business | UK Edition
Broadcom abandons pursuit of US rival Qualcomm two days after it was blocked by President Trump.
Tags: pressure
takeover
trump
chipmaker
EU fines chipmaker Qualcomm 870m for Apple payments
2018-01-24 14:36:43| BBC News | Business | UK Edition
The world's biggest mobile phone chipmaker was found to have 'illegally shut out rivals".
Tags: apple
payments
fines
qualcomm
Cisco buys chipmaker Leaba for USD 320 mln
2016-03-02 16:01:00| Telecompaper Headlines
(Telecompaper) Cisco announced an agreement to acquire Israel-based Leaba Semiconductor for USD 320 million cash, plus additional retention-based incentives. The Leaba team will report into Cisco's Core Hardware Group, led by Senior Vice President, Ravi Cherukuri. According to a blog posting by Cisco's VP for business development, Rob Salvagno, Leaba will help the company accelerate its plans for Cisco's next-generation product portfolio and bring new capabilities to the market faster. Leaba is a fabless semiconductor company backed by venture capital and still operating in 'stealth mode'. The company said it's working on "innovative solutions for significant infrastructure challenges" and "assembling one of the best teams of engineering".
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