It was chip makers’ turn behind the tech woodshed last week as investors punished shares of the leading producers of computer hardware. Semiconductor stocks sank a third day on Friday, with losses spilling over to Apple
Author: Agency Staff
Eskom has permission to circumvent some purchasing rules in order to boost critically low coal stocks at several of its power stations and avoid a return to rolling power cuts. The state-owned utility is seeking coal
Asian technology stocks joined their peers in a global swoon after a disappointing sales outlook from Taiwan Semiconductor Manufacturing, Apple’s main chip supplier, rekindled concerns that the smartphone
China’s ZTE has blasted the US government decision to impose a seven-year ban on its purchases of crucial American components, calling the move “extremely unfair” and “unacceptable”. The Shenzhen-based communications
Elon Musk has famously quipped he’d like to die on Mars, but the satellite his company just launched for Nasa could put even more distant planets on his radar. SpaceX sent to orbit on Wednesday a planet-hunter
Facebook is building a team to design its own semiconductors, adding to a trend among technology companies to supply themselves and lower their dependence on chip makers such as Intel and Qualcomm
Globalisation has brought the most advanced trading networks the world has seen, with the biggest, fastest vessels, robot-operated ports and vast computer databases tracking cargoes. But it all still relies on
IBM’s one-quarter growth streak is already in doubt. Shares of the technology company fell in early trading after it reported narrower profit margins and no revenue growth, excluding help from a weak US
South Africa’s inflation rate fell to seven-year low in March, moving further below the midpoint of the central bank’s target range. Inflation slowed to 3.8% from a year earlier compared to 4% in February, Pretoria-based
ZTE executives are evaluating software options for the company’s smartphones after a US technology ban threatened to cut off the operating system at the heart of its devices, a person with knowledge of the