Chipmaker Arm Holdings pauses spin-off of software business to parent SoftBank Group Corp

Chip designer Arm Holdings Ltd stated, it has put on hold the proposed transfer of two of its software businesses to its Japan-based parent SoftBank Group Corp. In July 2020, Arm had said it would transfer two units under its internet-of-things services group to its parent and aimed to complete the transfer by September. Arm…

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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…

China’s coronavirus outbreak threat to global antibiotics supply: EU Chamber of Commerce

On Tuesday, the head of a European business group in China warned that the world could face a shortage of antibiotics if the pharmaceutical industry’s supply problems posed by the outbreak of China’s coronavirus cannot soon be resolved. Joerg Wuttke, President of the EU Chamber of Commerce told a roundtable in Beijing that the synchronization…