Intel Corpo. INTC 0.70% South Korea’s SK Hinix is close to a deal to sell a memory-chip unit Inc. 000660 1.64% For about billion 10 billion, the move will stabilize the semiconductor giant away from an area of historical significance that has become more challenging. Companies are discussing deals that …
Read More »U.S. Sets export restrictions on China’s top chip maker
Department of Commerce Computer-chip companies have been told that they must obtain a license before exporting some of the technology to China’s largest semiconductor manufacturer, which is a blow to China’s efforts to compete in advanced technology. The department made the requirement in a letter to the computer-chip industry on …
Read More »Ant may be the biggest IPO in history, but it will overlook the US.
Text size Jack Ma Phillippe Lopez / AFP via Getty Images The US stock exchanges will not boast of what could be the largest initial public offering in history. Chinese financial technology giant Ant Group Co., which owns the mobile payment network Alipay, plans a dual listing in Hong Kong …
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