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Taiwan Semiconductor Manufacturing’s board approves U.S. subsidiary

Taiwan Semiconductor Manufacturing (TSMC) said that its board had approved an investment to set up a wholly-owned subsidiary in Arizona with an overall capital of $3.5 billion, according to a report by Reuters. The investment is part of the plan that the chipmaker announced in...

Huawei to focus on survival following new US restrictions: Chairman

Huawei Technologies Rotating Chairman Guo Ping said that "survival" would be the company’s key objective for 2020 as the U.S. government recently moved to further restrict the Chinese telecom manufacturer’s access to semiconductors. “Huawei is capable of designing some products, but we are not able...