Wall St slips on global slowdown worries streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
SEMICONDUCTORS
<strong>Silicon Motion mulls sale</strong>
Silicon Motion Technology Corp (慧榮科技) is exploring a potential sale amid takeover interest, people familiar with the matter have said. The semiconductor company is working with advisers as it holds talks with potential buyers, the people said. Silicon Motion makes NAND flash controllers for solid-state storage devices, its Web site says. It also supplies data centers, and makes specialized industrial and automotive solid-state drives. The company’s American depositary receipts have fallen about 19 percent this year, giving it a market value of US$2.7 billion, although its share price has risen amid the takeover speculation. Founded in 1995
Nasdaq ends sharply higher after Twitter agrees to be bought by Musk streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.
Nasdaq ends higher after Twitter agrees to be bought by Musk streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.