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Samsung profit likely lowest in more than 14 years as chip glut persists

Samsung Electronics' June-quarter profit is expected to plunge 96% on-year to the lowest for any quarter in more than 14 years, as a chip glut continues to drive large losses in the tech giant's cash cow business despite a supply cut. ....

Soult Ukpyolsi , South Korea , Refinitiv Smartestimate , Sonali Paul , Joyce Lee , Samsung Electronics , Thomson Reuters Trust Principles , Thomson Reuters Trust ,

Google delays release of fully custom phone chip until 2025 - The Information

Alphabet Inc's Google has delayed the release of a fully custom chip for its Pixel smartphones until 2025, The Information reported on Thursday, citing two people familiar with the matter. ....

Chavi Mehta , Shilpi Majumdar , Thomson Reuters Trust Principles , Alphabet Inc Googlo Google , Thomson Reuters Trust ,

Tokyo's $7 bln buyout dials up global chip wars

A government-led buyout signals more uncertainty ahead for a chip industry grappling with oversupply and geopolitics. The state-backed Japan Investment Corp will take over JSR , which makes light-sensitive chemicals vital to manufacturing semiconductors, among other things. It will help Tokyo bolster its technology supply chains as the country looks to capitalise on jitters around Taiwan, home to many major chipmakers and suppliers. ....

United States , South Korea , Eric Johnson , Thomas Shum , Una Galani , Japan Investment Corporation , Mizuho Bank , Korea Samsung Electronics , Development Bank , Taiwan Semiconductor Manufacturing , Japan Investment Corp , Renesas Electronics , Thomson Reuters Trust Principles , Reuters Breakingviews , Japan Display , Before Monday , Shin Etsu Chemical , Samsung Electronics , Thomson Reuters Trust , Reuters News , Trust Principles ,