Big impact expected from new U.S. export control rule targeting Huawei’s chip division HiSilicon

In the latest U.S. move that strategically targets Huawei, the U.S. government is targeting the Chinese company’s HiSilicon chip business, which is key to Chinese ambition of dominating the semiconductor sector. With the latest U.S. strategic move, Huawei is set to lose access to chip making tools. In what could be the most damaging move…

Panasonic to divest its chipmaking units to Nuvoton Technology

On Thursday, Japan’s Panasonic Corp stated it will sell its loss-making chip business to Taiwan’s Nuvoton Technology, reported Nikkei Asian Review. According to the report, Panasonic is also slated to divest three Japanese chipmaking facilities of TowerJazz Panasonic Semiconductor – a joint venture with Israel’s Tower Semiconductor. The development comes midst the U.S.-China trade war which…

Samsung Electronic’s Vice Chairman and CEO announces his departure from the company

Despite a brilliant performance in the third quarter, Samsung Electronics, the South Korean conglomerate is facing a vacuum in its top leadership which presents a never before opportunity for new generation leaders. On Friday, in a shocking revelation, Kwon Oh-hyun, Samsung Electronics Co Ltd’s CEO and Vice Chairman said he plans on stepping down from…

Western Digital likely to join Japanese government consortium for Toshiba’s chip unit

While Western Digital’s earlier stance may have resulted in increased litigation costs whereas its current stance is likely to give it access, in the form of a minority stakeholder, in Toshiba’s chip business. As per two sources familiar with the matter at hand, Western Digital Corp is likely to join a consortium of Japanese government…