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semiconductors

US finalises sharp tariff hikes on Chinese EVs, other goods

WASHINGTON: The United States locked in tariff hikes on billions of dollars worth of Chinese goods Friday, with a ...

Published 14 Sep, 2024 06:31am

World

South Korean president heads to Netherlands to boost semiconductor cooperation

SEOUL: South Korean President Yoon Suk Yeol heads to the Netherlands Monday for a trip he told AFP would focus on...

Published 10 Dec, 2023 12:28pm

World

China receives US equipment to make advanced chips despite new rules

WASHINGTON: Chinese companies are buying up US chipmaking equipment to make advanced semiconductors, despite a raft...

Published 15 Nov, 2023 06:09am

Markets

Semiconductors drag China stocks lower

SHANGHAI: China shares fell on Thursday, dragged lower by semiconductor stocks, while Hong Kong stocks also ...

Published 08 Sep, 2023 06:01am

Business & Finance

India’s Gujarat in talks with Foxconn for its semiconductor plant

AHMEDABAD: India’s Gujarat state is holding talks with Foxconn over a semiconductor plant, a top government official...

Published 12 Jul, 2023 05:45pm

Business & Finance

China slaps export curbs on essential chip-making metals

BEIJING: China said on Monday it would slap export controls on two rare metals essential for the manufacture of...

Published 04 Jul, 2023 05:07am

World

Ex-Samsung exec charged with stealing chip tech for China factory

SEOUL: South Korea has charged a former Samsung executive accused of stealing company secrets worth hundreds of...

Published 14 Jun, 2023 06:21am

World

China says US chipmaker Micron failed security review

BEIJING: China’s cybersecurity watchdog said Sunday US chipmaker Micron had failed a national security probe and...

Published 22 May, 2023 06:23am

Business & Finance

Europe must boost chip production amid Asia risks: EU chief

DRESDEN: Europe must boost mass production of vital semiconductors due to worsening geopolitical risks in Asian...

Published 08 May, 2023 06:40am

World

Chinese FM says Japanese chip curbs to drive Beijing’s self-reliance

BEIJING: Chinese Foreign Minister Qin Gang told his Japanese counterpart on Sunday that Tokyo’s new export ...

Published 03 Apr, 2023 07:29am

Business & Finance

India, US to sign memorandum of understanding on semiconductors

NEW DELHI: The United States and India will sign a memorandum of understanding on semiconductors as both countries...

Published 10 Mar, 2023 03:46am

Opinion

US trade shifts on Covid and China tensions, but no ‘decoupling’ yet

US trade flows are realigning on the back of pandemic shocks and tensions with China, but efforts to reduce...

Published 30 Jan, 2023 05:56am

Business & Finance

Foxconn strikes $19.4bn deal to make chips in India

MUMBAI: Taiwanese electronics giant Foxconn will invest $19.4 billion to make semiconductors in India with local...

Published 15 Sep, 2022 05:57am

Business & Finance

China says US chip act will distort global semiconductor supply chain

HONG KONG: China’s commerce ministry said on Friday that a major new chips act passed by the US Congress will...

Published 29 Jul, 2022 06:52pm

World

US Senate passes bill to boost domestic chip manufacturing

WASHINGTON: The US Senate passed a bill on Wednesday to boost domestic production of semiconductors, the in-demand...

Published 28 Jul, 2022 02:28pm

Markets

Germany’s Merck to open semiconductor base in China

SHANGHAI/TAIPEI: German supplier of chemicals and materials used in making semiconductors, KGaA , said on Tuesday it...

Published 31 May, 2022 06:22pm

Markets

Taiwan sees limited impact from Ukraine war on chip supply chain

TAIPEI: Taiwan expects little impact from the war in Ukraine on the supply of key raw materials for semiconductors,...

Published 26 Feb, 2022 10:24am

Technology

EU joins chips race with 42bn euro bid to rival Asia

BRUSSELS: The EU launches a plan Tuesday to raise tens of billions of euros to boost semiconductor production in...

Published 08 Feb, 2022 10:02am

Business & Finance

Volvo sales down on supply crunch

STOCKHOLM: Volvo sales and profits fell in the third quarter due to the global shortage of semiconductors, but ...

Published 06 Dec, 2021 06:19am

Business & Finance

Volkswagen's main plant producing fewest cars since 1958, source says

BERLIN: Volkswagen has produced just 300,000 cars at its main Wolfsburg plant so far this year, a company source ...

Published 20 Oct, 2021 05:15pm

Business & Finance

Siemens shrugs off supply chain woes to triple profits

FRANKFURT: German industrial giant Siemens on Thursday raised its earnings forecast for the year as profits almost...

Published 09 Aug, 2021 05:05am

Business & Finance

VW sees strong first-half profits despite chip shortage

"The deliveries to customers of the Volkswagen Group continued to recover strongly in the first half of the current year, leading to a very strong Group turnover as well as a very high operating profit," the company said.

Published 09 Jul, 2021 07:21pm

Business & Finance

Volkswagen profits rise but chip shortage impact not over

FRANKFURT: German carmaker Volkswagen reported a jump in first quarter profits Thursday but warned that a global...

Updated 10 May, 2021 10:18am

Opinion

Autos: looming supply shock as ‘chips fall’

The pandemic is causing acute supply shortages across the globe in a wide number of industries. One of the dearer...

Published 02 May, 2021 03:23am

Business & Finance

Nissan to slash production in Japan in May due to chip shortage

Japan's third-largest automaker will idle its factory in Kyushu, southern Japan, for eight days between May 10 and 19, the sources said, declining to be identified because the plan is not public.
The plant, which assembles the Serena minivan, X-Trail SUV and other models, will aim to make up for lost production once the supply of chips returns, the people said.

Published 15 Apr, 2021 06:33pm

Business & Finance

AutoNation quarterly profit surges on resilient demand

Global auto sales have rebounded from the pandemic lows hit early last year as consumers increasingly prefer buying vehicles that provide more safety than public transportation during the health crisis.
Jackson said he's optimistic about US car and truck demand given the combination of low interest rates, stable fuel prices and the prospect of a significant new federal stimulus package.

Published 16 Feb, 2021 06:41pm

World

Renesas to resume chip production at quake hit plant on Tuesday

The 7.3 magnitude tremor off Japan's northeast coast caused strong shaking at the Naka factory in Ibaraki prefecture, which has the company's only cutting-edge 300-millimeter fabrication line.
The Japan Meteorological Agency (JMA) has warned that aftershocks from the latest quake could last for several days.

Published 15 Feb, 2021 06:33pm

Business & Finance

Honda to further cut domestic output in February

The automaker will lower production in February of models such as the Fit subcompact and the N-series mini-vehicle.
"We are continuing to take measures to minimise the effect," he said.

Published 26 Jan, 2021 04:53pm

Technology

South Korea expects semiconductor exports to rise 10% this year

The ministry said increasing demand for DRAM memory chips will drive prices higher this year.

Published 05 Jan, 2021 10:03am

Business & Finance

Volkswagen adjusting production amid semiconductor shortage

Semiconductor manufacturers earlier in the coronavirus crisis shifted their output away from the hard-hit auto sector to serve other areas, like consumer electronics, Volkswagen said.

Updated 18 Dec, 2020 07:37pm

Forex
World
Commodity

Currency	Rate
USD PKR Interbank Selling / Nov 21	278.03
USD PKR Interbank Buying / Nov 21	277.78
USD to Japanese Yen / Nov 21	154.92
USD to Swiss Franc / Nov 21	0.88
Pound Sterling to USD / Nov 21	1.26
Euro to USD / Nov 21	1.05

Stock	Volume
S&P 500 / Nov 20	5,917.11
Nasdaq / Nov 20	18,966.14
Dow Jones / Nov 20	43,408.47
India Sensex / Nov 21	77,137.20
Tokyo Nikkei / Nov 21	38,026.17
Hang Seng / Nov 21	19,620.49
FTSE 100 / Nov 21	8,069.57
Germany DAX 30 / Nov 21	18,942.65

Item	Value
Petrol/Litre / Nov 21	248.38
Crude Oil USD/Barrel / Nov 21	69.38
Karachi Cotton PKR/37.32 KG / Nov 21	17,785
Gold 10 Grams PKR / Nov 21	238,340
Gold Spot USD/Ounce / Nov 21	2,662.71
Diesel/Litre / Nov 21	255.14

Gainers
Losers
Leaders

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▼ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▼ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▼ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▼ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▼ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▼ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▼ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▼ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▼ 0.00 (0.00%)

Stock	Price
786 Invest Ltd / Nov 21 786 Investments Limited(786)	7.11 ▲ 0.00 (0.00%)
AL-Abbas Sugar / Nov 21 Al-Abbas Sugar Mills Limited(AABS)	611.40 ▲ 0.00 (0.00%)
Agro Allianz / Nov 21 Agro Allianz Limited(AAL)	16 ▲ 0.00 (0.00%)
AL-Abid Silk / Nov 21 Al-Abid Silk Mills Limited(AASM)	3.49 ▲ 0.00 (0.00%)
Ali Asghar / Nov 21 Ali Asghar Textile Mills Limited(AATM)	63.60 ▲ 0.00 (0.00%)
Allied Bank / Nov 21 Allied Bank Limited(ABL)	114.42 ▲ 0.00 (0.00%)
Abbott Lab. / Nov 21 Abbott Laboratories (Pakistan) Limited(ABOT)	1,048.22 ▲ 0.00 (0.00%)
Abson Ind. / Nov 21 Abson Industries Limited(ABSON)	2.50 ▲ 0.00 (0.00%)
Alfalah ETF. / Nov 21 Alfalah Consumer Index ETF.(ACIETF)	12.32 ▲ 0.00 (0.00%)

Stock	Volume
K-Electric Ltd. / Nov 21 K-Electric Limited(KEL)	174,389,145 ▲ 0.00
Hascol Petrol / Nov 21 Hascol Petroleum Limited(HASCOL)	63,973,243 ▲ 0.00
Kohinoor Spining / Nov 21 Kohinoor Spinning Mills Limited(KOSM)	62,996,737 ▲ 0.00
Aisha Steel Mill / Nov 21 Aisha Steel Mills Limited(ASL)	48,137,561 ▲ 0.00
Waves Home Appliances / Nov 21 Waves Home Appliances Limited(WAVESAPP)	43,506,391 ▲ 0.00
Lotte Chemical / Nov 21 Lotte Chemical Pakistan Limited(LOTCHEM)	40,852,960 ▲ 0.00
Telecard Limited / Nov 21 Telecard Limited(TELE)	36,937,252 ▲ 0.00
Cnergyico PK / Nov 21 Cnergyico PK Limited(CNERGY)	31,401,025 ▲ 0.00
WorldCall Telecom / Nov 21 Worldcall Telecom Limited(WTL)	31,346,592 ▲ 0.00

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