Intel has agreed to a $9 billion deal to sell most of its memory business to South Korea’s SK Hynix as it moves toward more diverse technologies while shedding a major Chinese factory at a time of …
Intel to sell NAND business to SKorean rival for $9 billion
Intel has agreed to a $9 billion deal to sell most of its memory business to South Korea’s SK Hynix as it moves toward more diverse technologies while shedding a Chinese factory at a time of trade fri …
South Korea’s SK Hynix to buy Intel’s NAND business for $9 bn
SK Hynix will acquire Intel’s NAND memory chip and storage business, including a related manufacturing site in the northeastern Chinese city of Dalian …
Thai Industrial Sentiment ‘Improves for 5 Straight Months’
BANGKOK (Xinhua) — The Federation of Thai Industries (FTI) released a report on Monday indicating that the resumption of business and activities after COVID-19 lockdowns have improved Thailand’s …
Thai Protests Adds Further to Uncertainty In Weak Economy, A. Stotz Investment Research Says
A. Stotz Investment Research Founder & CEO Andrew Stotz says the latest protests in Thailand adds further to the uncertainty in the tourism industry and weak economy. He was speaking with Haslinda …
Washington Sanctions Chinese Firms, Individuals For Doing Business With Iran
The US imposed Monday sanctions on six Chinese entities and two individuals for doing business with Iran’s Islamic Republic of Iran Shipping Lines.
Vietnam fails to realize 5-year economic target on Covid-19
The emergence of the Covid-19 pandemic has slowed Vietnam’s economic growth during the 2016 – 2020 period to 5.9%, lower than the 6.5 – 7% target for the five-year term, according to Prime Minister …
Vietnam growth may slow to 3% in 2020, likely to rebound to 7.8% in 2021: StanChart
Vietnam’s economy is projected to grow by 3% in 2020 and surge to 7.8% in 2021 as rising consumption on improving sentiment, and faster manufacturing will drive growth in the fourth quarter (Q4) this …
Philippines seen missing goal to energize entire archipelago
Energy officials said the health crisis has delayed the rollout of projects electrifying far-flung rural areas and a bigger project that connects Visayas and Mindanao grid to Luzon to prevent …
Philippines braces for tropical storm Saudel
AUTHORITIES IN Vietnam and the Philippines braced on Tuesday for a tropical storm that could bring flooding and landslides in both countries, as the death toll in Vietnam from weeks of adverse weather …