News | Latest Breaking News Stories & Headlines

The car maker has warned that the global semiconductor chip shortage may continue to impact its sales in the second quarter

Daimler says chip shortage may impact Q2 sales

Mercedes-Benz car maker Daimler has raised its profit outlook for 2021, but warned that the global semiconductor chip shortage may continue to impact its sales in the second quarter.

Business • 23 Apr 21

Intel has missed first-quarter expectations in its closely watched data centre chip unit

Intel profit forecast falls short on manufacturing cost

Intel last night raised its annual sales outlook on booming demand for personal computers, but its second-quarter profit forecast fell short of analyst expectations as the company spends heavily to get its manufacturing operations back on track and catch up to rivals with faster chips.

Business • 23 Apr 21

The Covid-19 pandemic has driven up demand for semiconductor chips, hitting output at many car makers

Two Jaguar Land Rover UK plants hit by chip shortage

Output at two of Jaguar Land Rover's UK car factories will be temporarily halted from Monday, due to Covid-19 supply chain disruption, including a lack of semi-conductors, the firm said today.

Business • 22 Apr 21

Stellantis warned that its highly profitable pickup trucks were hit by a global chip shortage

Stellantis and Ford hit by global chip shortage

The impact of the global semiconductor shortage on the auto industry spread over the weekend, as Stellantis warned its highly profitable pickup trucks were hit and Ford said it would cut more US production.

Business • 22 Mar 21

Pandemic-induced working from home is driving demand for devices powered by Samsung's chips

Samsung Electronics forecasts 25.7% jump in Q4 profits

South Korean tech giant Samsung Electronics has today flagged a jump of more than 25% in fourth quarter operating profit.

Business • 08 Jan 21

AMD to buy Xilinx for $35 billion in data centre push

Semiconductor designer Advanced Micro Devices said today would buy Xilinx in a $35 billion all-stock deal, intensifying its battle with Intel in the data centre chip market.

Business • 27 Oct 20

Samsung's solid chip sales is helping cushion the blow from the coronavirus pandemic on smartphones and TVs

Samsung's first quarter results beat estimates

Samsung Electronics said today its first-quarter operating profit likely managed to rise slightly from a slump a year earlier, as solid chip sales helped cushion the blow from the coronavirus pandemic on smartphones and TVs.

Business • 07 Apr 20

Dell is the third-biggest PC maker after China's Lenovo Group and HP

Dell cuts full-year revenue forecast on chip shortage

Dell Technologies has cut its full-year revenue forecast as its PC business grapples with a shortage of chips from Intel.

Business • 27 Nov 19

Samsung was boosted by strong sales of its new Galaxy Note 10 smartphone series

Samsung's Q3 profit estimate exceeds expectations

Samsung Electronics has today flagged slightly better than expected third quarter profits.

Business • 08 Oct 19

Qualcomm said it plans to add 5G capabilities to its lower-cost Snapdragon 6 and 7 series devices

Qualcomm to expand 5G chips into mid-priced phones

Qualcomm said today it will put fifth-generation, or 5G, technology into chips powering mid-priced mobile phones starting next year.

Business • 06 Sep 19

Huawei launches its Kirin 990 chips at Berlin's IFA event

With new chipset Huawei forges ahead with phone plan

Huawei Technologies today showcased its chipset for a new high-end smartphone, pressing ahead with plans to launch its Mate 30 range.

Business • 06 Sep 19

Before its deal with Intel, Apple has always relied on outside suppliers for chips

Apple pays $1 billion for Intel chip unit

Apple took a major step toward supplying its own smartphone chips by purchasing the majority of Intel's modem business in a deal valued at $1 billion.

Business • 26 Jul 19

Today's €242m fine is the second big penalty levelled against Qualcomm by Brussels

EU fines Qualcomm €242m for 'predatory' pricing

The EU hit US chipmaking giant Qualcomm with a competition fine of €242m, in another blow against a tech titan that is fighting competition battles in Asia and the US.

Business • 18 Jul 19

Shares of Broadcom have been under pressure after the US government put Huawei on a trade blacklist last month

Broadcom sees chip demand slowing down on Huawei ban

Broadcom has warned of a broad slowdown in chip demand, blaming a trade conflict between the US and China and export restrictions on Huawei Technologies.

Business • 14 Jun 19

Intel said it expects data centre growth to pick up again

Weak Intel outlook stokes fears of a chip slowdown

Intel last night forecast current-quarter revenue and profit below analysts' estimates and missed fourth-quarter sales estimates.

Business • 25 Jan 19

Intel's 39% rise in profits and better-than-expected Q4 forecast should come as a relief for investors

Intel bucks chip industry woes as Q3 sales beat targets

Intel last night beat analysts' estimates for quarterly profit and revenue, driven by its high-margin data centre business and strong demand for its PC chips.

Business • 26 Oct 18

The deal for Dialog will expand Apple's chip operations in Europe

Apple to buy part of supplier Dialog's business

Apple has agreed to buy a portion of chip supplier Dialog Semiconductor's business in a $600m deal, the two companies said today.

Business • 11 Oct 18

Intel has been increasingly catering to data centres as revenue from PCs has flattened since shipments peaked in 2011.

Intel data centre results & margin outlook disappoints

Intel's fast-growing data centre business missed Wall Street targets as the world's second-largest chipmaker faced stiff rivalry from Advanced Micro Devices.

Business • 27 Jul 18

Weak smartphone sales are likely to offset record high chip earnings at Samsung

Samsung profit growth slows on smartphone weakness

South Korean tech giant Samsung Electronics estimated today that its earnings grew at the slowest pace in more than a year in the second quarter.

Business • 06 Jul 18

AMS is a big supplier to Apple, making components for the US technology giant's iPhone.

Apple sensor supplier AMS warns of Q2 slowdown

Chipmaker AMS has reported first-quarter sales towards the lower end of its guidance range and warned of a downturn owing to weaker orders from one of its main customers.

Business • 24 Apr 18

Intel said it may need to issue updates to fix 'buggy' patches

Patches can cause reboot problems in old chips - Intel

Intel has said that recently issued patches for flaws in its chips could cause computers using its older Broadwell and Haswell processors to reboot more often than normal.

Business • 12 Jan 18

Qualcomm provides chips to carrier networks to deliver broadband and mobile data

Qualcomm rejects Broadcom's $103 billion takeover bid

US chipmaker Qualcomm is making preparations to reject rival Broadcom's $103 billion bid as early as this week, four people familiar with the matter have said.

Business • 13 Nov 17

Intel, which has been switching its focus to the data centre business, is also venturing into newer areas such as AI

Intel lifts full-year forecasts on data centre strength

Intel, the world's largest computer chipmaker, last night raised its full-year revenue and profit forecasts, helped by strong growth in its data centre business.

Business • 27 Oct 17

Pre-orders for Samsung's Galaxy S8 launched in April were better than many analysts had expected

Samsung's highest quarterly operating profit since 2013

Samsung Electronics has flagged stronger earnings and announced a cancellation of treasury shares after posting a solid first-quarter profit boosted by the memory chip business.

Business • 27 Apr 17

Revenue in Intel's data centre business rose only 4% from the preceding quarter

Intel sees slowing data centre revenue growth

Intel's strong quarterly profits - published last night - was overshadowed by concerns about slowing revenue growth in its highly profitable data centre business.

Business • 15 Jan 16

Chips