Huawei, Qualcomm team up with China chipmaker to form JV

Chinese telecoms equipment vendor Huawei, US chipmaker Qualcomm and Belgium’s microelectronics R&D centre imec have teamed up with China’s largest semiconductor foundry to establish a joint-venture company. The new venture – SMIC Advanced Technology Research & Development (Shanghai) Corp – …

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TSMC cuts capex by $1B, sees slowdown

Taiwan Semiconductor Manufacturing Co (TSMC) announced it will cut its capex budget this year by $1 billion due to falling demand for smartphone chips. The news comes just a day after the chipmaker reported its net profit in Q1 fell …

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Qualcomm fined $975M, agrees to lower royalties in China

US chipmaker Qualcomm has been fined CNY6.088 billion (about $975 million) by China’s antitrust regulator and has agreed to modify its licensing practices and reduce royalties to satisfy the government’s anti-competitive ruling. The company, which made about $7.57 billion last …

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Qualcomm invests $40M in four firms in China

US-based Qualcomm will invest $40 million in four Chinese mobile technology companies via its $150 million China strategic venture fund. The chipmaker set up the fund this summer to invest in companies developing mobile technologies for the internet, e-commerce, semiconductors, …

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