In a remarkable turnaround, Huawei Technologies Co., once on the brink due to US sanctions, has emerged as China’s crucial weapon in the global semiconductor battle. Beyond being a major chip customer and designer, Huawei plays a pivotal role, extending engineering expertise and financial support to smaller companies in the chip supply chain. The extent of its involvement often remains …

In the dimly lit corridors of international business, far from the glaring eyes of the world, Samsung and SK Hynix, South Korea‘s semiconductor giants, have embarked on a covert mission, channeling a staggering $52 billion into the depths of China. This clandestine endeavor threatens to alter the course of global geopolitics, with a battle taking place not on the battlefield …

TAIWAN: According to a government official, Foxconn, the world’s largest contract electronics manufacturer, would need permission from the Taiwanese government to invest in troubled Chinese semiconductor firm Tsinghua Unigroup (Jul 14). According to reports in Taiwan’s media, Foxconn Industrial Internet, a China-listed affiliate of Foxconn, aims to invest 9.8 billion yuan ($1.46 billion) in Unigroup as part of Foxconn’s strategy …

ASEAN – Singapore Samsung CEO Jay Y. Lee pleaded guilty in court on Tuesday to a charge of illegal use of a controlled drug, as legal problems continue to plague the executive despite his August parole release after a bribery conviction. Market observers anticipated a rush of significant choices at Samsung Electronics Co Ltd and its affiliates after Lee’s announcement, …