Electronics & Semiconductors

Taiwan chipmaker TSMC says quarterly profit $8.8 billion

Taiwan Semiconductor Manufacturing Co., the biggest contract manufacturer of processor chips for smartphones and other products, said Thursday that its quarterly profit rose 79.7% over a year earlier to a record $8.8 billion ...

Business

Why is TikTok under attack from the US government?

The popular social media app TikTok is facing increased scrutiny as some government officials have declared it a security risk, with the Biden administration last week giving federal agencies 30 days to ensure that TikTok ...

Business

Huawei profit sinks in 2022 amid sanctions, but sales higher

Huawei on Friday reported a nearly 70% decline in profit last year amid sanctions and pandemic challenges, but its enterprise sales rose as the Chinese technology giant sought to pivot into digital industries and reduce its ...

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