Archives
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ELECTRONICS 
April 24, 2019 Samsung Electronics to invest $9.6 billion annually in logic chips until 2030
Samsung Electronics said on Wednesday that it would invest 11 trillion won ($9.57 billion) annually through 2030 in logic chip businesses, including its foundry business. The investment until 2030, worth 133 trillion won in total, comes as the world’s top memory chip maker strengthens non-memory semiconductor businesses such as contract chip manufacturing, known as foundry, […]
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ELECTRONICS 
October 14, 2018 India’s draft electronics policy aims $400 billion manufacturing industry by 2025
The country’s draft electronics policy released by the IT ministry on Wednesday has set an ambitious target of creating a $400 billion electronics manufacturing industry by 2025, with the mobile phone devices segment accounting for three-fourths of the production. The draft National Policy on Electronics (NPE) aims to promote domestic manufacturing in the entire value-chain […]
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ALL DEALS 
September 3, 2017 Foxconn Plans US Display Plant for Over $10 Billion, Scouting for Location
HIGHLIGHTS Foxconn is currently considering Wisconsin, Ohio, and others The company plans to invest more than $10 billion in a plant in the US Foxconn already has operations in Pennsylvania Foxconn, the world’s largest contract electronics maker and a major Apple supplier, plans to invest more than $10 billion (roughly Rs. 64,588 crores) in a display-making factory […]
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ELECTRONICS 
June 13, 2017 India’s growing electronics demand to create import gap of USD 300 billion
New Delhi [India], June 13 : With an ever growing demand for electronic products in India, domestic production may touch USD 104 billion by 2020, thus leaving an import gap of USD 300 billion, according to a study conducted by the assocham and NEC Technologies. Demand for electronics in India has been projected to grow […]
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COMPUTERS 
March 9, 2017 HPE to Buy Nimble Storage for $1.09 Billion
Hewlett Packard Enterprise Co said it would buy data storage provider Nimble Storage Inc for $1.09 billion (roughly Rs. 7,272 crores) in cash, to expand its presence in the fast-growing flash storage business. HPE Chief Executive Officer Meg Whitman has been focusing on a few areas such as networking, storage and technology services since the […]
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ALL DEALS 
February 6, 2017 Amazon Pumping Nearly $1.5 Billion Into US Air Freight Hub
Online retail colossus Amazon on Tuesday said it will strengthen its distribution muscle, and create US jobs, by building its first air freight hub, an investment of nearly $1.5 billion. A hub for the company’s growing fleet of Prime Air cargo planes will be built at an airport in northern Kentucky, adding more than 2,000 […]
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ELECTRONICS 
January 19, 2017 A $1 Billion Twitter IPO, a $1,000 Curved Samsung Phone and More
There’s so much to follow and so little time. Thanks to the Web, you can keep yourself more informed on the latest developments than entrepreneurs at any other time. But, of course, running your business takes time too. That’s why the Small Business Trends editorial team works so hard to bring you the news you […]
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ALL DEALS 
November 28, 2016 Samsung to Invest More Than $1 Billion to Boost US Chip Production
Samsung to Invest More Than $1 Billion to Boost US Chip Production Samsung Electronics Co Ltd said on Tuesday it planned to invest more than $1 billion by the end of June 2017 to boost production of system chips at its Austin, Texas, facilities in the United States to meet growing demand. The South Korean […]
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COUPONS 
November 28, 2016 Samsung to Buy Harman for About $8 Billion in Cash
Samsung to Buy Harman for About $8 Billion in Cash Samsung Electronics said Monday it would buy US auto parts maker Harman International Industries for $8 billion (roughly Rs. 54,107 crores) in a bid to enter the growing market for automotive technology to produce “connected” cars. Board members of Samsung – the world’s largest producer […]
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ELECTRONICS 
October 11, 2016 China’s $100 Billion Chip Supremacy Bid Deemed Unrealistic
HIGHLIGHTS China wants to become premier supplier of semiconductors to the planet Part of a broader effort to wean itself off foreign technology China currently makes just 15 percent of the semiconductors it consumes China faces an uphill battle in its push to become the global leader in computer chips because of a lack of […]
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ALL DEALS 
October 4, 2016 Japan’s Renesas to Buy US Chipmaker Intersil for $3.2 Billion
Japan’s Renesas to Buy US Chipmaker Intersil for $3.2 Billion Japan’s Renesas Electronics will buy smaller US chipmaker Intersil for $3.2 billion (roughly Rs. 21,392 crores), the companies said Tuesday, as part of a push into the lucrative auto market. Renesas, one of the world’s biggest supplier of automotive microcontroller chips, said it would pay […]
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ELECTRONICS 
September 24, 2016 Japan’s Renesas to Buy US Chipmaker Intersil for $3.2 Billion
Japan’s Renesas Electronics will buy smaller US chipmaker Intersil for $3.2 billion (roughly Rs. 21,392 crores), the companies said Tuesday, as part of a push into the lucrative auto market. Renesas, one of the world’s biggest supplier of automotive microcontroller chips, said it would pay $22.50 a share for its rival, in an all-cash deal […]
