Around the web
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Apple, having debuted the Vision Pro headset at $3,500, is already working on a cheaper model to get the new product category onto the faces of more people.
Bloomberg
With the influx of consumer generative AI programs like Google's Bard and OpenAI's ChatGPT, the generative AI market is poised to explode, growing to $1.3 trillion over the next 10 years from a market size of just $40 billion in 2022, according to a new report by Bloomberg Intelligence (BI).
Bloomberg
Though technology companies announced massive layoffs last year, 2023 has been much worse. So far, layoffs have far outpaced those in all of 2022, as tech giants including Amazon, Facebook parent company Meta, Microsoft, Google, IBM, SAP, and Salesforce - as well as many smaller companies - announce sweeping job cuts.
Computerworld
Analysts say the move will weaken export-control measures aimed at curbing Beijing.
Wall Street Journal
A Hong Kong court's decision whether to grant an injunction against the distribution of protest song Glory to Hong Kong highlights the increasingly shaky ground upon which internet platforms are treading there. It could also be the final catalyst foreign players need to exit the market - a move that would be more damaging to Hong Kong than the companies calculating whether the legal minefield is still worth navigating.
Bloomberg
British chip designer Arm, backed by SoftBank, is in talks with potential strategic investors including Intel to anchor what will be one of the largest initial public offerings of the year, according to people familiar with the matter.
Bloomberg
Nvidia has become synonymous with AI, AMD will need to "step up its game" to better compete in this space.
Forbes
TikTok's owner ByteDance has been accused of allowing Chinese Communist Party (CCP) members to access the data of Hong Kong civil rights activists and protesters.
BBC News
The exhibitors and speakers at both Computex and its related InnoVEX Forum certainly demonstrated a mood of optimism for Taiwan's crucial role in the AI economy.
EE Times
As generative AI revolutionizes tech, governments around the world are trying to come up with regulations that encourage its benefits while minimizing risks such as bias and disinformation.
Computerworld
The ecosystem for commercial chiplets-one where a marketplace of chiplets from many vendors can be incorporated into a multichip SoC by multiple packaging vendors with mix-and-match ease-has yet to appear.
EE Times
Shares in computer chip designer Nvidia have soared over the past week, taking the company's valuation above the one trillion dollar mark.
BBC News
It's been rumored that Apple would release a mixed-reality headset to the public for several years. Bloomberg's Mark Gurman has steadily dripped details about the headset in recent months ahead of its expected WWDC 2023 unveil.
Tom's Hardware Guide
Speaking to the Financial Times, Jensen Huang said US export controls introduced by the Biden administration to slow Chinese semiconductor manufacturing had left the Silicon Valley group with "our hands tied behind our back" and unable to sell advanced chips in one of the company's biggest markets.
The Financial Times
Taiwan Semiconductor Manufacturing Company has reopened a lead over internet giant Tencent Holdings as Asia's biggest company by market value, helped by a resumed rally in chip stocks.
Bloomberg
Singapore is benefiting from the US-China discord in at least one respect: semiconductor sales.
Bloomberg
The UK government has announced an investment of up to GBP1 billion (US$1.24 billion) in the domestic semiconductor industry, but has been criticized for declining to join the spending race that has seen the US and EU announce significantly bigger programs.
Guardian
Seoul has signalled it will not intervene to stop South Korean companies Samsung and SK Hynix from filling in a market gap after China imposed a ban on US chipmaker Micron, in an escalation of the tech battle between the superpowers.
The Financial Times
With Apple stock near an all-time high, it's worth asking how it got there - and how long that can last. The world's most valuable company makes great products, but it may turn out that the biggest driver of its share price has been the close relationship CEO Tim Cook has cultivated with China.
The Financial Times
Dongfang Jingyuan Electron, a semiconductor software firm, is weighing filing for an initial public offering in China as soon as next year, according to people familiar with the matter, as the country spars with developed democracies over access to chipmaking technology.
Bloomberg
Cutting economic ties with China is unrealistic, the chief executive of luxury carmaker Mercedes-Benz told tabloid newspaper Bild am Sonntag, and said attempting to do so would put most of Germany's industry at risk.
Reuters
Ford Motor is hitting the brakes in China, the world's largest auto market, with new plans to scale back investment in order to improve profitability.
Bloomberg
Arm has secretly filed for a public listing that its owner, SoftBank, says will see the chip design firm remain a subsidiary.
The Register
A man widely seen as the godfather of artificial intelligence (AI) has quit his job, warning about the growing dangers from developments in the field.
BBC News
The Alibaba co-founder, who has an estimated fortune of $33 billion, has largely kept a low profile since the Chinese government began a fierce crackdown on the tech sector more than two years ago.
CNN
IBM CEO Arvind Krishna said the company expects to pause hiring for roles it thinks could be replaced with artificial intelligence in the coming years.
Bloomberg
"We think TSMC will move to normal wafer-based pricing on N3 with Apple during the first half of 2024, at around $16-17K average selling prices," Brett Simpson, senior analyst at Arete Research, said in a report. "At present, we believe N3 yields at TSMC for A17 and M3 processors are at around 55% [a healthy level at this stage in N3 development], and TSMC looks on schedule to boost yields by around 5+ points each quarter."
EE Times
Seagate yesterday agreed to pay a $300 million fine for selling hard disk drives to Huawei, settling US government officials' allegation that shipments to the Chinese company violated export controls imposed in 2020. The fine is "the largest standalone administrative penalty" ever issued by the US Department of Commerce's Bureau of Industry and Security (BIS), the agency said.
Ars Technica
Tesla says it has no plans to stabilise the prices of its popular electric vehicles, despite repeated price cuts denting its profits.
BBC News
Changxin Memory Technologies plans to file for a domestic initial public offering this year that could value the Chinese chipmaker north of $14.5 billion, a milestone debut that could help galvanize the country's technology aspirations.
The White House has asked South Korea to urge its chipmakers not to fill any market gap in China if Beijing bans Idaho-based Micron from selling chips, as it tries to rally allies to counter Chinese economic coercion.
The Financial Times
The Biden administration is beginning to plan for 6G wireless telecommunications, seeking to expand internet access while reasserting US leadership in a sector where China has notched gains.
Wall Street Journal
Apple Chief Executive Tim Cook has launched the company's first retail store in India in the financial capital Mumbai.
BBC News
Apple's regular series of record-setting Mac sales sprees seems to be taking a raincheck. As economic malaise ate a huge chunk of PC sales in the first quarter of 2023, the Mac maker was the worst affected of all, according to preliminary results from IDC.
Computerworld
Chinese technology giant Alibaba has announced plans to roll out its own artificial intelligence (AI) ChatGPT-style product called Tongyi Qianwen.
BBC News
Intel's bold plan to enter the custom chipmaking industry is aimed at countering the dominance of TSMC and boosting supply of leading-edge manufacturing. Instead, the move will likely split the market in three, leaving the US giant stuck in the middle.
Bloomberg
Some of the biggest names in tech are calling for artificial intelligence labs to stop the training of the most powerful AI systems for at least six months, citing "profound risks to society and humanity."
CNN
Terry Gou, founder of major Apple supplier Foxconn, is seeking the presidential nomination for Taiwan's main opposition party for a second time.
BBC News
Samsung Electronics' first-quarter profit is expected to plunge 92% to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown.
Reuters
AT&T and Nvidia have announced a collaboration in which AT&T will continue to transform its operations and enhance sustainability by using Nvidia-powered AI for processing data, optimizing service-fleet routing and building digital avatars for employee support and training.
Company release
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