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Qualcomm projected stronger-than-expected quarterly sales and profit on Wednesday, buoyed by a rebound in premium smartphone demand, but its stock slipped in after-hours trading amid concerns over a potential loss of business from Samsung next year. For the quarter ending in December, the chip designer forecast revenue and adjusted earnings at midpoints of $12.2 billion […]
Dutch semiconductor manufacturer Nexperia said it expects to resolve the ongoing crisis over control of the company but cautioned customers that chips produced in China after October 13 may not meet its quality or authenticity standards. The warning follows a turbulent period for the firm, which saw the Dutch government seize control of Nexperia on […]
Dutch tech investment giant Prosus has shown early-stage interest in acquiring Mobile.de, Germany’s biggest online auto marketplace, according to sources familiar with the matter. Current owners Permira and Blackstone are leaning toward an initial public offering (IPO) rather than an outright sale, but Prosus — through its classifieds division OLX — could enter the race […]