When the chips are down: the tiny piece missing from our supply chains November 30, 2021 If you haven’t already bought your tech gifts this Christmas you may have to come up with some more primitive alternatives for your loved ones. Chronic shortages of chips, the tiny semiconductors that are essential to a myriad of technologies, as well as high labor and transport costs, mean that Christmas gifts this year such [...]
EU to probe Nvidia’s $54bn ARM bid after concessions fail to allay concerns October 12, 2021 US tech company Nvidia’s $54bn bid for British chip designer ARM is set for a prolonged EU antitrust investigation. Concessions offered last week failed to address competition concerns, three people familiar with the matter said. This will be the second setback for the California-based tech firm after the UK’s watchdog warned the deal could damage [...]
Legal woes continue for Samsung as boss pleads guilty to sedative use October 12, 2021 Samsung chief Lee Jae-Yong pleased guilty to a charge of unlawful use of a controlled substance in a Seoul court amid ongoing legal troubles. In August, the embattled heir to Samsung was let out of prison on parole following a bribery conviction with the government judging his release to be in the “national interest” because [...]
UK not under consideration by Intel for chip factory October 7, 2021 Intel boss has said the chipmaker is not considering UK anymore for setting up its factories because of Brexit. The island nation was clearly an option for setting up of chip building units, but post-Brexit the idea was dropped in favour of Europe, Pat Gelsinger said. “Post-Brexit… we’re looking at EU countries and getting support [...]
iPhone users urged to remove Visa from Apple Pay due to dangerous contactless payments flaw September 30, 2021 Visa as a transport card via Apple Pay should be removed urgently by iPhone users after researchers said they uncovered a flaw that lets fraudsters bypass security and make unlimited contactless payments. The issue could be exploited to make transactions from an iPhone inside someone’s bag, without their knowledge, experts from the University of Birmingham [...]
Imagination Technologies cashes in on chip demand amid China tech row August 24, 2021 British semiconductor firm Imagination Technologies has posted a surge in revenue as a raging global chip shortage helped boost demand for its products. The company, which is based in Hertfordshire but owned by a Chinese private equity fund, reported a 55 per cent rise in revenue to $76m (£55m) in the first half of the [...]
Imagination Technologies cashes in on chip demand amid China tech row : CityAM August 24, 2021 British semiconductor firm Imagination Technologies has posted a surge in revenue as a raging global chip shortage helped boost demand for its products. The company, which is based in Hertfordshire but owned by a Chinese private equity fund, reported a 55 per cent rise in revenue to $76m (£55m) in the first half of the [...]
Samsung to invest $200bn over three years in post-pandemic push August 24, 2021 Samsung is set to invest 240 trillion won ($206bn) by the end of 2023 in an effort to expand its biopharmaceuticals, AI, semiconductors and robotics offerings in the post-pandemic era. The South Korean tech giant said the investment will help strengthen its global standing in key industries such as chipmaking while allowing it to seek [...]
South Korea set to crack down on Apple and Google over app charges August 24, 2021 South Korea is poised to block Apple and Google from charging commission on in-app purchases in what could be the first such move by regulators around the world. The parliament’s legislation and judiciary committee is today expected to approve legal changes that will ban app store operators with dominant market positions from forcing certain payment [...]
Samsung boss released from jail on parole in ‘national interest’ August 13, 2021 Samsung’s boss has been released from prison on parole with a government spokesperson claiming his release was taken in the ‘national interest.’ Lee Jae-yong was convicted for bribery and corruption in Seoul High Court on January 2021 which sentenced him to 30 months in jail. He has been released after just 207 days, a year [...]