Electronics & Semiconductors

Japan to pay up to $320M for US company's chip production

Japan is providing a major U.S. chipmaker a subsidy of up to 46.6 billion yen ($322 million) to support its plan to produce advanced memory chips at a Hiroshima factory, the Japanese trade minister said Friday.

Security

Huge Los Angeles Unified School district hit by cyberattack

A ransomware attack targeting the huge Los Angeles school district prompted an unprecedented shutdown of its computer systems as schools increasingly find themselves vulnerable to cyber breaches at the start of a new year.

Business

Chipmaker Broadcom to buy VMware for $61 bn

Broadcom announced Thursday a $61-billion deal to purchase cloud computing firm VMware in a giant tech transaction that expands the chipmaker's software offerings.

Business

Huawei's Q1 sales down 14% as U.S. sanctions remain

Chinese telecoms equipment and smartphone maker Huawei's sales fell 14% in January-March from a year earlier as it pumped money into research and development while grappling with U.S. sanctions, according to figures released ...

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