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SK Telecom, South Korea's dominant mobile carrier and sibling of chipmaker SK hynix, has declared that 5G was over-hyped, has under-delivered, and has failed to deliver a killer app.
The Register
China's central bank has cut one of its key interest rates for the second time in three months as the world's second-largest economy struggles to bounce back from the pandemic.
BBC News
Contract chipmaker GlobalFoundries on Tuesday forecast third-quarter revenue below analysts' estimates as the global semiconductor industry battles a supply glut, sending the company's shares about 3% lower in trading before the bell.
Reuters (via Yahoo! Finance)
TSMC's board of directors will decide in favour of building a factory in the German city of Dresden, the Handelsblatt daily reported on Monday, citing government sources.
NASDAQ.com
Britain's semiconductor industry must focus on niche manufacturing and designs rather than seek to challenge international rivals in chipmaking, according to the UK's tech minister, who admitted that "we are not going to recreate Taiwan in south Wales."
The Financial Times
Japanese chipmaking device supplier Disco wants to establish a center in India that would provide support for clients and serve as a base for marketing to the country's budding semiconductor industry, according to an executive at the company.
Nikkei Asia
European Union regulators have opened a formal investigation into claims that Microsoft is unfairly bundling its Teams video conferencing app with its popular Office software as Brussels intensifies its scrutiny of big technology groups.
Ars Technica
Perhaps Steve Jobs was right to limit the amount of time he let his children use iPhones and iPads - a tradition Apple maintains with its Screen Time tool, which lets parents set limits on device use. Now, an extensive UNESCO report suggests that letting kids spend too much time on these devices can be bad for them.
Computerworld
Apple is quietly working on artificial intelligence tools that could challenge those of OpenAI, Alphabet's Google and others, but the company has yet to devise a clear strategy for releasing the technology to consumers.
Bloomberg
Artificial intelligence (AI) is getting more attention than ever thanks to the rapid emergence of ChatGPT, so it should be no surprise that well-established, incumbent technologies, such as the Peripheral Component Interconnect Express (PCIe), are poised to play a critical role.
EE Times
Italy made an "improvised and atrocious" decision in joining China's Belt and Road (BRI) initiative, defence minister Guido Crosetto has said.
BBC News
The Vision Pro has its own dedicated division inside of the company.
Bloomberg
US regulators are probing artificial intelligence company OpenAI over the risks to consumers from ChatGPT generating false information.
BBC News
Foxconn should have played this smarter. The deal was part of a broader strategy to buy its way into the EV market, in which it has no background. It ought to have viewed the Lordstown transaction the way a venture capitalist does with any unproven startup. But instead it got all legalistic, which it has every right to do, and now both sides are slinging mud.
Washington Post
Oracleis spending "billions" of dollars on chips from Nvidia as it expands a cloud computing service targeting a new wave of artificial intelligence (AI) companies, Oracle founder and Chairman Larry Ellison said on Wednesday.
Reuters
A majority of Korean semiconductor companies responded to a Bank of Korea (BOK) survey by saying that their exports to China were unlikely to fully recover.
BusinessKorea
When former Samsung executive Choi Jinseog won a contract with Taiwan's Foxconn in 2018, he tapped his former employer's supplier network to steal secrets to help his new client set up a chip factory in China, an indictment by South Korean prosecutors alleges.
Reuters
Micron Technology plowed through the worst quarter in its history and is setting its sights on a recovery in the memory chip market, but issues in China could set back its recovery efforts.
MarketWatch
Sony Semiconductor Solutions president Terushi Shimizu on Friday said that the land the company plans to acquire in Kumamoto Prefecture will be the site of a planned image sensor plant.
The Japan News
Even if the Federal Reserve had begun raising interest rates nine months earlier, US inflation wouldn't be any lower today than it is now.
Fortune
Government-backed Japan Investment Corp. is in talks to acquire JSR, the leading producer of photoresist for semiconductor manufacturing, for roughly JPY1 trillion (US$7 billion), Nikkei has learned.
Nikkei Asia
A group of investors led by Apollo Global Management is making a debt investment between $1 billion to $2 billion in chipmaker Wolfspeed to support its expansion in the US, media outlets reported on Sunday.
Reuters
After the pandemic and war in Ukraine, and the inflation shock that followed, the global economy is in a precarious state. The last thing it needs right now is another nasty surprise.
CNN
Apple knows its products are already used across the manufacturing industry; this week it held a special event dedicated to Industry 4.0 at the heart of its APAC manufacturing chain in Korea.
Computerworld
This year's 618 shopping festival, which lasted for several weeks until June 18, is the first since China ended its virus control policies and was highly anticipated to stimulate an increase in consumer spending. However, the actual sales between June 1 and June 7 in the smart devices market didn't meet expectations. Consumers opted for high-quality products but were more price sensitive this year.
IDC
On Tuesday, BBC Radio 4's Today program aired an interview with Paul McCartney in which he announced that thanks to AI technology, a "final Beatles record" has been finished and will be released later this year. He said that AI techniques have isolated John Lennon's vocals from an old cassette tape demo, enabling him to complete the song.
Ars Technica
Apple, having debuted the Vision Pro headset at $3,500, is already working on a cheaper model to get the new product category onto the faces of more people.
Bloomberg
With the influx of consumer generative AI programs like Google's Bard and OpenAI's ChatGPT, the generative AI market is poised to explode, growing to $1.3 trillion over the next 10 years from a market size of just $40 billion in 2022, according to a new report by Bloomberg Intelligence (BI).
Bloomberg
Though technology companies announced massive layoffs last year, 2023 has been much worse. So far, layoffs have far outpaced those in all of 2022, as tech giants including Amazon, Facebook parent company Meta, Microsoft, Google, IBM, SAP, and Salesforce - as well as many smaller companies - announce sweeping job cuts.
Computerworld
Analysts say the move will weaken export-control measures aimed at curbing Beijing.
Wall Street Journal
A Hong Kong court's decision whether to grant an injunction against the distribution of protest song Glory to Hong Kong highlights the increasingly shaky ground upon which internet platforms are treading there. It could also be the final catalyst foreign players need to exit the market - a move that would be more damaging to Hong Kong than the companies calculating whether the legal minefield is still worth navigating.
Bloomberg
British chip designer Arm, backed by SoftBank, is in talks with potential strategic investors including Intel to anchor what will be one of the largest initial public offerings of the year, according to people familiar with the matter.
Bloomberg
Nvidia has become synonymous with AI, AMD will need to "step up its game" to better compete in this space.
Forbes
TikTok's owner ByteDance has been accused of allowing Chinese Communist Party (CCP) members to access the data of Hong Kong civil rights activists and protesters.
BBC News
The exhibitors and speakers at both Computex and its related InnoVEX Forum certainly demonstrated a mood of optimism for Taiwan's crucial role in the AI economy.
EE Times
As generative AI revolutionizes tech, governments around the world are trying to come up with regulations that encourage its benefits while minimizing risks such as bias and disinformation.
Computerworld
The ecosystem for commercial chiplets-one where a marketplace of chiplets from many vendors can be incorporated into a multichip SoC by multiple packaging vendors with mix-and-match ease-has yet to appear.
EE Times
Shares in computer chip designer Nvidia have soared over the past week, taking the company's valuation above the one trillion dollar mark.
BBC News
It's been rumored that Apple would release a mixed-reality headset to the public for several years. Bloomberg's Mark Gurman has steadily dripped details about the headset in recent months ahead of its expected WWDC 2023 unveil.
Tom's Hardware Guide
Speaking to the Financial Times, Jensen Huang said US export controls introduced by the Biden administration to slow Chinese semiconductor manufacturing had left the Silicon Valley group with "our hands tied behind our back" and unable to sell advanced chips in one of the company's biggest markets.
The Financial Times
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