South Korea’s new president Yoon Suk-yeol isn’t going to “have much of a honeymoon period,” said Kathleen Stephens, president and CEO of the Korea Economic Institute of America and former U.S. ambassador to South Korea. “I think he said the right thing as he is inaugurated, about his desire to see Korea play a larger role in the global stage. …
The auto sector is undergoing a major transformation, according to Bank of America and Cohen. Here are their top stock picks to cash in. Source link
A logo atop the Semiconductor Manufacturing International Corp. (SMIC) headquarters in Shanghai, China, on Tuesday, March 23, 2021. Qilai Shen | Bloomberg | Getty Images China’s largest chipmaker Semiconductor Manufacturing International Corporation reported record revenue and a surge in profit last year amid a global chip shortage but strong demand. SMIC recorded 2021 revenue of $5.44 billion up 39% year-on-year, …
A technologist inspects a computer chip. Sefa Ozel | E+ | Getty Images European Union lawmakers have laid out ambitious plans to significantly ramp up production of semiconductors in the bloc and become a global leader in the industry. To do that, it will need some of the key players from Asia and the U.S. to invest heavily in the …
Customers buy iPhone13 phones at apple’s flagship smart products store in Shanghai, China, on Oct. 12, 2021. Xing Yun | Costfoto | Barcroft Media | Getty Images Apple’s smartphone market share in China hit a record high in the fourth quarter of 2021, with the iPhone maker reclaiming the number one spot in the country for the first time in …
China laid out seven “frontier” technologies in its 14th Five Year Plan. These are areas that China will focus research on and include semiconductors and brain-computer fusion. Yuichiro Chino | Moment | Getty Images And e-commerce giant Alibaba took the wraps off its own piece of silicon designed to go into servers in a data center. Food delivery giant Meituan …
A sign is posted in front of the Nvidia headquarters on May 10, 2018 in Santa Clara, California. Justin Sullivan | Getty Images Several Chinese electric carmakers are turning to U.S. chip giant Nvidia to power their semi-autonomous driving systems, as they ramp up competition with Tesla in the world’s largest car market. Chinese start-ups Xpeng and Nio are using …
A man walks past TSMC’s logo at the company’s headquarters in Hsinchu, Taiwan. Sam Yeh | AFP | Getty Images Top chipmaker TSMC notched a new quarterly sales record at the end of 2021 boosted by continued demand from top clients including Apple and Qualcomm for semiconductors. The Taiwanese foundry, which manufacturers chips for other companies, reported December revenue of …
CNBC asked analysts around the world to name their favorite chip stocks going into the new year. Source link
A Broadcom chip in an Apple iPhone. Brent Lewin | Bloomberg | Getty Images There are investment opportunities across a broad range of sectors in 2022, from semiconductors to batteries, hydrogen and beyond — that’s according to fund managers and analysts who shared their top picks for the coming year. Source link
