Trends - semiconductor - Business Recorder

semiconductor

Latest US strike on China’s chips hits semiconductor toolmakers

The US will launch on Monday its third crackdown in three years on China’s semiconductor industry, curbing exports...

Published 02 Dec, 2024 04:58pm

In violation of IMF’s EFF: Ministry drafts incentive plan for semiconductor industry

ISLAMABAD: In violation of the International Monetary Fund (IMF) ongoing Extended Fund Facility (EFF) program,...

Updated 29 Nov, 2024 02:23pm

Markets

Wall Street loses ground as chip, oil stocks plummet

NEW YORK: Wall Street slipped on Tuesday, with the tech-heavy Nasdaq leading the decline, as a slump in ...

Published 16 Oct, 2024 06:58am

Business & Finance

UK buys semiconductor factory to secure supply for military

LONDON: The British government has bought a struggling factory from the US firm Coherent Inc. to secure domestic...

Published 30 Sep, 2024 07:06am

World

Samsung Electronics workers’ union announces first strike

SEOUL: A major union representing tens of thousands of people at South Korean tech giant Samsung Electronics said...

Published 30 May, 2024 06:19am

World

Xi tells Dutch PM ‘no force can stop’ China tech progress

BEIJING: Chinese leader Xi Jinping on Wednesday told Dutch Prime Minister Mark Rutte that China’s technological...

Published 28 Mar, 2024 07:20am

Business & Finance

Intel expects to overtake TSMC in making fastest chips this year

NEW YORK: Intel on Wednesday said it expected to beat a 2025 deadline to overtake its biggest rival in advanced chip...

Published 22 Feb, 2024 06:55am

World

Gordon Moore, titan of Silicon Valley, dies at 94

WASHINGTON: Gordon Moore, a pioneer in the microprocessor industry and a cofounder of Intel, which at one time was...

Published 25 Mar, 2023 10:35am

Business & Finance

Japan’s factory output posts biggest fall in 8 months

TOKYO: Japan’s factory output shrank at the fastest pace in eight months in January as declining overseas demand...

Published 06 Mar, 2023 07:31am

Business & Finance

Japan to restrict chip manufacturing machine exports to China

TOKYO: Japan’s government will begin restricting exports of advanced semiconductor manufacturing equipment to China...

Published 04 Feb, 2023 02:31pm

Business & Finance

ASML: Steps made towards deal on curbing exports to China

THE HAGUE: ASML Holding NV said on Saturday it understood progress had been made towards an agreement among several...

Published 28 Jan, 2023 02:42pm

Business & Finance

Germany blocks Chinese stake in two chipmakers

BERLIN: The German government on Wednesday blocked prospective Chinese investment in two domestic semiconductor...

Published 10 Nov, 2022 07:37am

World

'Made in America': Biden signs bill to boost US chips, compete with China

WASHINGTON: President Joe Biden on Tuesday signed a landmark bill to provide $52.7 billion in subsidies for US...

Updated 10 Aug, 2022 09:39am

Markets

Chip stocks fall as Micron outlook signals easing demand

A handful of companies including chipmakers Micron and AMD are signalling an easing in the two-year long global...

Published 01 Jul, 2022 04:38pm

Business & Finance

Japan’s Renesas, India’s Tata Motors partner to develop chip solutions

NEW DELHI: Japanese chipmaker Renesas Electronics Corp and India’s Tata Motors have formed a strategic partnership...

Published 30 Jun, 2022 07:46am

Markets

Vedanta to finalize $20 billion Indian chip, display unit site by mid-June: Chairman

DAVOS: Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by mid-June...

Published 25 May, 2022 08:22pm

Business & Finance

Intel to invest up to 80bn euros in Europe semiconductor network

BERLIN: American chip-making giant Intel said on Tuesday it planned to invest up to 80 billion euros ($87.9 billion)...

Published 15 Mar, 2022 07:37pm

Business & Finance

Tata in talks to set up $300m semiconductor assembly unit

NEW DELHI: India’s Tata group is in talks with three states to invest up to $300 million to set up a semiconductor...

Published 27 Nov, 2021 05:08am

Business & Finance

Chip crisis hits Stellantis' Italy output more than Covid did

MILAN, The impact from a global semiconductor shortage on Stellantis' Italian car production this...

Published 11 Oct, 2021 04:32am

Business & Finance

Tesla Shanghai to make 300,000 cars despite chip shortage

BEIJING: Tesla Inc's Shanghai factory is expected to produce 300,000 cars in the first nine months of the year,...

Published 27 Sep, 2021 05:51am

Business & Finance

New semiconductor plants will end global auto chip shortage next year: Tesla's Musk

"There's a lot of chip fabrication plants that are being built," Musk says
"I think we will have good capacity for providing chips by next year," he says

Published 24 Sep, 2021 05:45pm

Business & Finance

'Quad' countries to agree on secure microchip supply chains

US President Joe Biden will host a first in-person summit of leaders of the "Quad" countries

Updated 18 Sep, 2021 08:35pm

Business & Finance

Hyundai Motor set to use internally developed chip for upcoming car: media report

We are aiming to apply our internally developed power chip to a new car to be launched in the second quarter of next year

Updated 03 Sep, 2021 05:47pm

World

Virus-wracked Indonesia hits 100,000 deaths

More than 3.5 million infections have been recorded to date though official figures are widely believed to be an underestimate

Published 04 Aug, 2021 05:57pm

Business & Finance

Global chip shortage will easily drag into 2022

World's No. 4 automaker Stellantis is making decisions around changing the diversity of chips it intends to use, says chief executive

Updated 22 Jul, 2021 01:27am

Business & Finance

Volkswagen China sees chip supply shortage easing

"We hope the chip supply crisis will bottom out this summer and expect to see an improvement in this situation within the second half of the year," Woellenstein, told.

Published 16 Jul, 2021 07:52pm

World

UK PM reveals govt will review Chinese purchase of semiconductor firm

LONDON: British Prime Minister Boris Johnson said Wednesday his national security adviser would review the takeover...

Published 08 Jul, 2021 04:22am

World

German industrial output dips on supply chain upsets

Compared with February 2020, the month before the first coronavirus restrictions were imposed, April's output was 5.6 percent lower.

Published 08 Jun, 2021 04:47pm

Business & Finance

Chip shortage to cost automakers $110 bln in revenues in 2021 - AlixPartners

The chip crunch has driven home the need for automakers to be "proactive" right now, and create "supply-chain resiliency" longer term to avoid disruptions in the future, the firm said on Friday.

Published 15 May, 2021 10:12am

Business & Finance

Electrolux warns of semiconductor shortages

Sales rose by nine percent to 29 billion, the company said, while analysts were expecting 27.6 billion.

Published 28 Apr, 2021 04:36pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Dec 19	278.36
USD PKR Interbank Buying / Dec 19	278.16
USD to Japanese Yen / Dec 19	155.92
USD to Swiss Franc / Dec 19	0.90
Pound Sterling to USD / Dec 19	1.26
Euro to USD / Dec 19	1.04

Stock	Volume
S&P 500 / Dec 18	5,872.16
Nasdaq / Dec 18	19,392.69
Dow Jones / Dec 18	43,326.87
India Sensex / Dec 19	79,339.96
Tokyo Nikkei / Dec 19	38,813.58
Hang Seng / Dec 19	19,801.52
FTSE 100 / Dec 19	8,101.87
Germany DAX 30 / Dec 19	20,040.57

Item	Value
Petrol/Litre / Dec 19	252.10
Crude Oil USD/Barrel / Dec 19	70.19
Karachi Cotton PKR/37.32 KG / Dec 19	17,585
Gold 10 Grams PKR / Dec 19	234,311
Gold Spot USD/Ounce / Dec 19	2,613.73
Diesel/Litre / Dec 19	255.38

Gainers
Losers
Leaders

Stock	Price
S.G.Power / Dec 19 S.G. Power Limited(SGPL)	10.17 ▲ 1.00 (10.91%)
Faran Sugar (R) / Dec 19 Faran Sugar Mills Limited (R)(FRSMR)	10.43 ▲ 1.00 (10.60%)
Din Tex. / Dec 19 Din Textile Mills Limited(DINT)	53.70 ▲ 4.88 (10.00%)
Liven Pharma / Dec 19 Liven Pharma Limited(LIVEN)	77.33 ▲ 7.03 (10.00%)
Macter Int. Ltd / Dec 19 Macter International Limited(MACTER)	364.54 ▲ 33.14 (10.00%)
Oilboy Energy / Dec 19 Oilboy Energy Limited(OBOY)	12.65 ▲ 1.15 (10.00%)
Pak Datacom / Dec 19 Pak Datacom Limited(PAKD)	114.33 ▲ 10.39 (10.00%)
Thatta Cement / Dec 19 Thatta Cement Company Limited(THCCL)	185.52 ▲ 16.87 (10.00%)
Wah-Noble / Dec 19 Wah Noble Chemicals Limited(WAHN)	249.98 ▲ 22.73 (10.00%)

Stock	Price
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	1.48 ▼ -0.23 (-13.45%)
Kohinoor Spining / Dec 19 Kohinoor Spinning Mills Limited(KOSM)	6.35 ▼ -0.92 (-12.65%)
Media Times Ltd / Dec 19 Media Times Limited(MDTL)	2 ▼ -0.25 (-11.11%)
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	5.83 ▼ -0.71 (-10.86%)
Dadabhoy Cement / Dec 19 Dadabhoy Cement Industries Limited(DBCI)	6.80 ▼ -0.82 (-10.76%)
Dewan Cement / Dec 19 Dewan Cement Limited(DCL)	8.60 ▼ -0.98 (-10.23%)
Pak Int.Bulk / Dec 19 Pakistan International Bulk Terminal(PIBTL)	8.01 ▼ -0.90 (-10.10%)
United Brands / Dec 19 United Brands Limited(UBDL)	23.27 ▼ -2.59 (-10.02%)
Yousuf Weaving / Dec 19 Yousaf Weaving Mills Limited(YOUW)	3.86 ▼ -0.43 (-10.02%)

Stock	Volume
WorldCall Telecom / Dec 19 Worldcall Telecom Limited(WTL)	177,617,915 ▼ -0.23
K-Electric Ltd. / Dec 19 K-Electric Limited(KEL)	81,845,922 ▼ -0.41
Cnergyico PK / Dec 19 Cnergyico PK Limited(CNERGY)	68,132,550 ▼ -0.71
B.O.Punjab / Dec 19 The Bank of Punjab(BOP)	60,162,802 ▼ -0.96
Pak Elektron / Dec 19 Pak Elektron Limited(PAEL)	57,891,574 ▼ -1.73
Pak Refinery / Dec 19 Pakistan Refinery Limited(PRL)	54,507,413 ▼ -1.38
Sui South Gas / Dec 19 Sui Southern Gas Company Limited(SSGC)	41,964,816 ▲ 1.76
Aisha Steel Mill / Dec 19 Aisha Steel Mills Limited(ASL)	36,868,206 ▼ -0.86
Symmetry Group / Dec 19 Symmetry Group Limited(SYM)	34,696,696 ▲ 1.11

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