Latest Electronic parts manufacturing News

A health worker takes a nasal swab sample of a passenger to test for COVID-19 at Chhatrapati Shivaji Maharaj Terminus railway station in Mumbai, India, Saturday, Nov. 28, 2020. India has more than 9 million cases of coronavirus, second behind the United States. (AP Photo/Rajanish Kakade)

Asia Today: Cambodia tracks contacts after family infected

Nov. 29, 2020 2:07 AM EST

PHNOM PEHN, Cambodia (AP) — Cambodian officials say a family of six and another man tested positive for the coronavirus in a rare case of local infection, and Prime Minister Hun Sen expressed concern that the woman believed to be the source had traveled extensively in the country, including the capital. ...

FILE - A sign for Wall Street is carved in the side of a building, Thursday, Nov. 5, 2020, in New York. Stocks are opening broadly higher on Wall Street Friday, Nov. 13, keeping the market on track for its second weekly gain in a row.    (AP Photo/Mark Lennihan)

S&P 500 closes at record as possible vaccine lifts markets

Nov. 13, 2020 5:19 PM EST

The S&P 500 closed at a record high on Friday as optimism built among investors that a coming vaccine for the coronavirus will help end the shutdowns that have devastated the economy. The benchmark index posted its second weekly gain in a row. Markets also welcomed the election of Joe Biden as president and...

Lyft, FuboTV rise; Model N, Coherent fall

Nov. 11, 2020 4:20 PM EST

NEW YORK (AP) — Stocks that moved heavily or traded substantially Wednesday: Lyft Inc., up 36 cents to $36.41. The ride-hailing app's latest results showed signs of a recovery. FuboTV Inc., up 38 cents to $16.03. The digital entertainment company reported quarterly sales that were much better than...

Taiwan processor chip maker to set up $3.5 billion U.S. arm

Nov. 10, 2020 9:37 AM EST

TAIPEI, Taiwan (AP) — A Taiwanese maker of processor chips for Apple Inc. and other customers plans to invest $3.5 billion to set up its second U.S. manufacturing site amid American concern about relying too heavily on sources in Asia for high-tech components. Taiwan Semiconductor Manufacturing Co., the...

In this photo released by Xinhua News Agency, Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee, leads other Chinese leaders attending the fifth plenary session of the 19th Central Committee of the Communist Party of China (CPC) in Beijing, China on Oct. 29, 2020. China's leaders are vowing to make their country a self-reliant

Chinese promise market opening amid technology push

Oct. 30, 2020 1:13 AM EDT

BEIJING (AP) — China will promote “technological self-reliance” under the ruling Communist Party’s latest five-year plan but will open further to trade, officials said Friday. The comments reflect growing official urgency about nurturing Chinese producers of processor chips and other...

In this photo released by Xinhua News Agency, Chinese President Xi Jinping, also general secretary of the Communist Party of China (CPC) Central Committee, speaks during fifth plenary session of the 19th CPC Central Committee in Beijing on Oct 29, 2020. China's leaders are vowing to make their country a self-reliant

China's leaders vow to become self-reliant technology power

Oct. 29, 2020 11:40 PM EDT

BEIJING (AP) — China’s leaders are vowing to make their country a self-reliant “technology power” as a feud with Washington cuts access to U.S. computer chips and other high-tech components, hampering Beijing’s industrial ambitions. Leaders of the ruling Communist Party made the...

Ford, Pinterest rise; eBay, Marvell Technology fall

Oct. 29, 2020 4:22 PM EDT

NEW YORK (AP) — Stocks that moved heavily or traded substantially Thursday: Ford Motor Co., up 20 cents to $7.90. The car maker reported a surprisingly strong third-quarter profit as demand for cars and trucks recovered. ServiceNow Inc., up $26.54 to $510.59. The maker of software to automate...

Marvell snags Inphi in yet another semiconductor tie-up

Oct. 29, 2020 8:56 AM EDT

SANTA CLARA, Calif. (AP) — The pace of consolidation in the semiconductor industry continues to accelerate with Marvell Technology saying Thursday that it will pay $10.63 billion for Inphi in a cash-and-stock deal. Marvell, which makes integrated circuits and semiconductor infrastructure, said the combined...

FILE - In this June 8, 2020 file photo, Samsung Electronics Vice Chairman Lee Jae-yong arrives at the Seoul Central District Court in Seoul, South Korea. As Samsung Electronics mourns the death of its long-time chairman, Lee Kun-Hee, questions loom over what's next for South Korea's biggest company. Samsung has struggled for years to diversify from its core hardware business to tap new technologies and services. (AP Photo/Ahn Young-joon, File)

Samsung reports record sales amid questions about future

Oct. 29, 2020 12:50 AM EDT

SEOUL, South Korea (AP) — The flood of obituaries for Samsung Electronics Chairman Lee Kun-Hee since his death over the weekend have mostly shared his most defining quote: “Change everything except for your wife and children.” Lee’s rant against what he saw as complacency during a...

FILE - In this Jan. 20, 2011, file photo, AMD chips are displayed at the Micro Center computer store in Santa Clara, Calif. AMD is buying processing platform developer Xilinx in an all-stock deal valued at $35 billion. (AP Photo/Paul Sakuma, File)

As world goes online in pandemic, another mammoth chip deal

Oct. 27, 2020 12:01 PM EDT

SAN JOSE, Calif. (AP) — Advanced Micro Devices is buying Xilinx for $35 billion in an all-stock deal that will combine the two Silicon Valley chip makers and accelerate an already rapid-fire pace of mergers and buyouts in the industry. The deal announced Tuesday puts AMD in a place it wants to be;...