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China’s Huawei to raise annual R&D budget to at least $15 billion

China’s Huawei Technologies [HWT.UL] said on Thursday it will increase its annual spending on research and development (R&D) to between …read more Source: Reuters Tech News

China commerce ministry declines to comment on whether Qualcomm deal approved

China’s commerce ministry declined on Thursday to comment on whether or not Qualcomm Inc’s deal to buy NXP Semiconductors …read more Source: Reuters Tech News

Retailers set sights on Facebook, Google ad revenue

People with hay fever hate dust. That was the premise of a marketing drive launched by British vacuum cleaner maker …read more Source: Reuters Tech News

Qualcomm’s $44 billion NXP offer deadline passes, no word from China

The deadline for Qualcomm Inc to buy NXP Semiconductors passed at midnight U.S. eastern time without any word …read more Source: Reuters Tech News

Chipmaker SK Hynix positive on DRAM sales as second quarter profit soars

South Korean chipmaker SK Hynix Inc said global demand for cloud computing should underpin DRAM chip sales for the …read more Source: Reuters Tech News

China’s Pinduoduo prices U.S. IPO at top of range, raises $1.6 billion: sources

HONG KONG (Reuters/IFR) – Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 …read more Source: Reuters Tech News

China’s Pinduoduo raises $1.6 billion in range-topping U.S. IPO: sources

HONG KONG (Reuters/IFR) – Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 …read more Source: Reuters Tech News

Pinduoduo raises $1.6 billion in year’s second-biggest Chinese IPO in U.S.: sources

Chinese online group discounter Pinduoduo Inc priced its U.S. initial public offering (IPO) at $19 per American depositary share …read more Source: Reuters Tech News

Chipmaker SK Hynix posts record second-quarter profit on strong DRAM sales

South Korean chipmaker SK Hynix Inc posted record second-quarter operating profit on Thursday, beating market expectations thanks to strong …read more Source: Reuters Tech News

China pulls approval for Facebook’s planned venture: NYT

China has withdrawn its approval for Facebook Inc’s plan to open a new venture in the eastern province of Zhejiang, …read more Source: Reuters Tech News