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U.S. to counter Chinese internet bid in Papua New Guinea: diplomat

SYDNEY (Reuters) – The United States is working on a counter-offer to stop Chinese telecom giant Huawei Technologies Co Ltd [HWT.UL] from building internet...

Renesas In 67 Billion Deal For Idt To Boost Chips For Self-driving Cars

TOKYO – Japan’s Renesas Electronics Corp (6723.T) said it had agreed to buy Integrated Device Technology Inc (IDT) (IDTI.O) for $6.7 billion, its second...

Japans Renesas To Buy Us Chipmaker Idt For 67 Billion

TOKYO – Japanese chipmaker Renesas Electronics Corp (6723.T) said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc (IDTI.O) for about...

Japans Renesas Says It Will Buy Us Chipmaker Idt For 67 Billion

TOKYO – Japanese chipmaker Renesas Electronics Corp (6723.T) said on Tuesday it had agreed to buy U.S. peer Integrated Device Technology Inc (IDTI.O) for about...

Stock Futures Dip On Trade Jitters Weak Internet Stocks Jobs Data Eyed

– U.S. stock index futures dipped on Friday, with internet stocks poised for further declines and as investors braced for a fresh salvo of Sino-U.S. tariffs and...

Japans Nidec Sees Electric Vehicles Driving Profits As It Plans For Future

KYOTO, Japan – Since starting Nidec in 1973 in a tiny Kyoto shed with just three workers, Shigenobu Nagamori has built it into the world’s top maker of...

Broadcom Sees Fourth-quarter Boost From Data Center Demand Iphone Launch

– Broadcom Inc (AVGO.O) on Thursday forecast current-quarter revenue largely above estimates on higher demand for components that power data centers, while the...

Trade Jitters And Tech Woes Weigh On Sampp Nasdaq

NEW YORK – The S&P 500 and Nasdaq declined on Thursday as the possibility of more U.S. tariffs on Chinese imports loomed, while tech stocks stumbled, led by...

Broadcom Quarterly Profit Beats On Data Center Demand

– Broadcom Inc (AVGO.O) reported third-quarter profit above analysts’ estimates and the chipmaker forecast current-quarter revenue largely above...

Nasdaq Sampp Drop As Tech Stocks Hammered Anew

NEW YORK – The S&P 500 and Nasdaq declined on Thursday as tech stocks stumbled on warnings from chipmakers regarding sales and pricing, as well as on...