TSMC’s semiconductor shipments to Huawei not affected by U.S ban

TSMC, formally known as Taiwan Semiconductor Manufacturing Co Ltd, is the world’s biggest contract chip manufacturer. On Thursday, TSMC, the world’s biggest contract chipmaker, stated, its shipments to Huawei Technologies Co Ltd have not been affected by U.S. regulatory trade action against the Chinese telecom maker. These comments was made by TSMC’s spokeswoman Elizabeth Sun…

Aluminum producer Norsk Hydro hit by cyber attack

The operations of Norsk Hydro, one of world’s biggest producers of aluminum, have been affected. On Tuesday, Norsk Hydro, one of the world’s biggest producers of aluminum, stated it was subject to a sustained cyber attack that affected its operations. The development sent its shares plummeting downwards, “IT-systems in most business areas are impacted and…

Samsung Electronics opens world’s biggest mobile store in Bengaluru, South India

With India being the second biggest smartphone market in the world, Samsung Electronics’ move underscores its strategy of extending its market lead over its peers, which include low cost Chinese peers and Apple Inc’s smartphones. India, the world’s second-biggest smartphone market, has become the home to Samsung Electronics Co’s biggest mobile store in the world.…