Latest Electronic parts manufacturing News

Tough times for chipmakers as Samsung warns of profit drop

Oct. 8, 2019 5:33 PM EDT

SEOUL, South Korea (AP) — Samsung provided the latest sign of the tough times afflicting computer chipmakers as it braced investors for a sharp drop in profit. The sobering forecast Tuesday wasn't entirely unexpected, given an industrywide glut that has forced chipmakers to slash prices to clear out...

Samsung ends smartphone phone production in China

Oct. 4, 2019 4:31 AM EDT

SEOUL, South Korea (AP) — Samsung Electronics said Friday it has ended the production of smartphones in its last factory in China. Production at the factory in southern China’s Huizhou ended last month, the company said in an email Friday. It said it made “the difficult decision to cease...

Japan not inviting South Korea to naval review amid dispute

Sep. 24, 2019 8:08 AM EDT

TOKYO (AP) — Japan announced Tuesday that it is not inviting South Korea to a multinational naval review it is hosting next month because their ties are badly strained over history, trade and defense. The Maritime Self-Defense Force, Japan's navy, said Tuesday it will not invite the South Korean navy for...

Semiconductor company Cree to invest $1B in upstate NY plant

Sep. 23, 2019 5:31 PM EDT

UTICA, N.Y. (AP) — Cree Inc., a Durham, North Carolina-based semiconductor manufacturer, will invest $1 billion in a new factory in upstate New York, company and state officials announced Monday. When completed in 2022, the nearly 500,000-square-foot facility in Marcy, near Utica, will be the world's...

Fresh US-China trade worries erase early gains for stocks

Sep. 20, 2019 6:06 PM EDT

Wall Street closed out a volatile week with losses Friday as investors worried that upcoming trade talks aimed at resolving the costly trade war between Washington and Beijing could be in trouble. The selling, which erased modest early gains for the market, snapped a three-week win streak for the S&P 500. The...

Japan accepts talks with South Korea on WTO arbitration

Sep. 20, 2019 10:03 AM EDT

TOKYO (AP) — Japan announced Friday it will accept South Korea's request for joint talks leading to arbitration by the World Trade Organization after Seoul filed a complaint with the international body over Tokyo's tightening of export controls. Trade minister Isshu Sugawara, however, said Japan's controls...

South Korea downgrades Japan trade status as dispute deepens

Sep. 17, 2019 11:46 PM EDT

SEOUL, South Korea (AP) — South Korea on Wednesday dropped Japan from a list of countries receiving fast-track approvals in trade, a reaction to Tokyo's decision to downgrade Seoul's trade status amid a tense diplomatic dispute. South Korea' trade ministry said Japan's removal from a 29-member "white list"...

South Korea initiating WTO complaint over Japan trade curbs

Sep. 11, 2019 12:47 AM EDT

SEOUL, South Korea (AP) — South Korea said Wednesday it will initiate a complaint to the World Trade Organization over Japan's tightened export controls on key materials South Korean companies use to make computer chips and displays. South Korea, which has accused Tokyo of weaponizing trade to retaliate...

2 Singaporeans among California boat fire victims

Sep. 6, 2019 8:00 PM EDT

From a veteran water polo coach to a Singaporean data scientist, the passengers aboard the ill-fated Conception dive boat were linked by their love for the water. Here are the victims who have been identified so far from the deadly fire that engulfed the vessel, killing 34 people off California's wind-swept...

Newly hired scientist for California among boat fire victims

Sep. 5, 2019 7:31 PM EDT

Aboard were respected scientists, engineers, free spirits and parents with their teenage and adult children — all brought together over a passion for scuba diving. Two divers were celebrating their birthdays. Here are the victims who have been identified so far from the deadly fire that engulfed the...