Western Digital Corp plans to raise its offer for Toshiba's semiconductor unit
, a person familiar with the matter told Reuters over the weekend, in a last- ditch effort to clinch a deal.
M2 EQUITYBITES-May 23, 2016-French Security Solutions Firm Inside Secure Working Nearing Final Deal to Sell Semiconductor Unit
Last year, the company's semiconductor unit
introduced new packages, including the following: customized over voltage and current protection devices that go into various industrial, telecom and network communications applications; and, power devices that go into in the smallest charger devices that allow simultaneous charging of three electronic gadgets.
Korea's trade ministry planned to allow China's SMIC to buy the group's semiconductor unit
, but plans to let Chinese semiconductor companies manage Korean chip makers were scrapped due to the rapid rise of Chinese companies in the industry, which Korean companies have long dominated.
"Due to increasing sales of microinverters, overall semiconductor unit
sales and revenues in PV inverters will continue to show healthy growth," Galoso said.
Chip demand Earnings from the semiconductor unit
, which supplies memory and processor chips to Apple and other mobile device makers, was about 2.7 trillion won in the first quarter on sales of 11.1 trillion won, according to the analyst survey.
Global Foundries, owned by the Mubadala Development Co, will acquire the loss-making semiconductor unit
of IBM and the $1.5 billion deal will make the Abu Dhabi government's investment fund the holder of one of the largest semiconductor patent portfolios in the world.
08 ( ANI ): Tech corporation IBM is reportedly said to be exploring the sale of its semiconductor unit
soon after giving away its low-end server business to Lenovo Group.
Before that he was with Motorola for 21 years in both the equipment and semiconductor segments, in a variety of positions including VP and GM of the Semiconductor unit
and president and GM of the Wireless and Mobile Systems Division.
The state-owned fund, which has stakes in General Electric and private equity firm Carlyle, expects a majority of that expenditure to relate to its semiconductor unit
Advanced Technology Investment (ATIC), its joint venture with General Electric, solar energy project Masdar and oil and gas projects.
Toshiba to put on hold talks to sell semiconductor unit
Huawei agreed to pay 27 million to license Option's connection manager software for a year and to buy its M4S semiconductor unit
for about 8 million.