Apple is facing pressure from the US over its plans to source memory chips from Chinese manufacturers as a global shortage pushes up the component’s price. US Commerce Secretary Howard Lutnick said the administration does not want Apple to buy memory chips from China and told the iPhone maker to look for alternatives. “The Trump…
Quick Read Micron plunged 8% on China competition fears, dragging AMD and Intel down 6% each despite neither competing in memory chips; meanwhile, MRVL shares slid 7%. Apple is testing chips from Chinese DRAM maker CXMT, while the SOXX semiconductor ETF fell 4% on the sector-wide selloff. Micron guides for $50B in FQ4 revenue, but…
By Che Pan and Laurie Chen BEIJING, March 19 (Reuters) – Apple posted a 23% surge in China smartphone sales in the first nine weeks of 2026, bucking a broader market decline as some Android phone makers raised prices in response to higher costs for memory chips. China’s overall smartphone market fell 4% year-on-year in…
The astounding 313% gains that shares of Micron Technology (NASDAQ: MU) have clocked over the past year have brought the company’s market capitalization to around $463 billion, a big increase from the $100 billion-plus level a year ago. The stunning rise in Micron stock is justified by the phenomenal jump in the company’s revenue and…
A number of mainland-based suppliers of memory chips and storage solutions are pursuing share listings in Hong Kong, signalling a strategic change in how the sector aims to fuel its global ambitions, according to analysts. The most watched firm is Shanghai-based Montage Technology, a designer of high-speed interconnect chips for data centres, which is taking…
Samsung Electronics said on Friday it has named its mobile chief TM Roh as a new co-CEO and head of its device experience division, which oversees the company’s mobile phone, TV and home appliance businesses. The appointment returns Samsung to its traditional co-CEO structure, which divides oversight of its chip and consumer divisions, after the…
ChangXin Memory Technologies (CXMT), China’s leading memory chipmaker, has started mass production of a new generation of DRAM products in the latest sign of the country’s advancing semiconductor capabilities. The Hefei-based company, which is preparing for an initial public offering in Shanghai, announced on its official website that it had begun producing LPDDR5X – an…
SEOUL (Reuters) -Samsung Electronics reported its memory chip revenue hit a record high in the third quarter and said it will focus on mass producing its most advanced products next year, expecting continued strength in the chip market, driven by AI demand. The turnaround of the world’s top memory chipmaker reflects the unexpected boom in…