Samsung Electronics intends to invest the equivalent of about R1.7-trillion over the next decade or so to take on Intel and Qualcomm in the business of making advanced chip processors.
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The company has forecast quarterly revenue sharply below projections, underscoring the deepening slowdown in both iPhone sales and the global economy.
For more than 30 years, Intel has dominated chip-making, producing the most important component in the bulk of the world’s computers. That run is now under threat.
Taiwan Semiconductor Manufacturing, which makes chips for the iPhone and other devices, is recovering from a debilitating computer virus but warned of delayed shipments and reduced revenue because of the impact on its factories.
Apple manufacturing partner Taiwan Semiconductor Manufacturing has started mass production of next-generation processors for new iPhones launching later this year, according to people familiar with the
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