Taiwanese chipmaker TSMC stops taking new orders from Huawei following U.S. restrictions

On Monday, as per a report from Japan’s news daily the Nikkei which cites multiple sources familiar with the matter at hand, the world’s biggest chip maker, Taiwan Semiconductor Manufacturing Co Ltd, has stopped taking new orders from Huawei Technologies following Washington’s move aimed at further cutting off supplies to the Chinese company. Huawei’s orders…

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Tesla & Panasonic end partnership on solar cells production

On Wednesday, Japanese news daily the Nikkei reported that Tesla and Panasonic are ending their partnership to produce solar cells following the Japanese electronics company ramping up efforts to divest unprofitable businesses. The development comes in the wake of Tesla diversifying away from Panasonic as its sole battery supplier for electronic vehicles after it brought…

SoftBank to replace Huawei’s 4G network equipment with Nokia and Ericsson equivalent

SoftBank will also source its 5G network equipment from Nokia and Ericsson rather than from Huawei: Nikkei In a significant development, Japan’s Nikkei has reported without citing sources, SoftBank Group Corp plans on replacing 4G network equipment from China’s Huawei Technologies Co Ltd with equivalent hardware from Nokia and Ericsson. Further, for its 5G network,…

Fujitsu in talks with Polaris Capital Group for sale of its mobile phone unit

The effort is in line with Fujitsu’s intent on offloading its non-core businesses. On Friday, Fujitsu Ltd stated it is holding talks with Polaris Capital Group to sell its mobile phone business to the investment fund, a deal which could fetch as much as $456 million (50 billion yen). Japan’s Nikkei news agency stated that…

Foxconn ropes in Apple and Amazon.com for its bid to Toshiba’s chip business

Given Foxconn’s deep ties with China, Japan is likely to block any move that will risk the transfer of sensitive technology to outsiders. On Monday, Japanese business daily, Nikkei has reported quoting Terry Gou, Foxconn’s chairman say saying, Amazon.com Inc and Apple Inc will be joining forces with Foxconn for a bid of Toshiba’s chip…