Sk Hynix
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Amid Coronavirus outbreak, Facebook, LG, other tech firms restrict their employees' travel to China
•Facebook said that out of an abundance of caution, we have taken steps to protect the health and safety of our employees.
Japan restricts export of high-tech materials used in smartphone displays to Korea
•The materials to be restricted includes fluorinated polyimide which is used in smartphone displays.
Samsung Electronics bets on better second half after posting weakest profit in more than two years in first quarter
•Hit by falls in chip prices and slowing demand for display panels, Samsung posted operating profit of 6.2 trillion won ($5.4 billion) in the quarter ended March
Western Digital expected revenue to improve in the second half of 2019
•Western Digital is targeting $800 million in annualised reductions in non-GAAP cost and expenses.
Samsung meets Q3 2018 forecast expectations thanks to sales of semiconductors
•Samsung flagged a 27 percent cut in capital expenditure to 31.8 trillion won in 2018.
Intel beats estimates for quarterly profit thanks to strong demand for PC chips
•Intel’s PC sales have trended positively in recent quarters, lifted by stronger demand.
Asian chipmakers to focus on production plans as they forsee weak earnings
•Samsung is expected to post a record profit of 12.5 trillion won from chip sales in June.
Qualcomm's Q1 2018 profit exceeds forecasts, suggesting that a slowdown in global smartphone market is not as bad
•The results announced in Qualcomm’s smartphone chip business contrasted to those from major mobile phone components makers in Asia.
Apple shares drop 2% after investors worry over soft demand of iPhones
•Concerns ahead of Apple’s quarterly report next Tuesday have shaved 9 percent from its stock price in the past five sessions.
After 26 years, Intel gets toppled by Samsung in the global semiconductor market in 2017: Report
Ians •This is the first time Intel has been toppled since 1992 as worldwide semiconductor revenue totaled to a 22.2 percent increase from 2016.