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Stock Market & Financial Investment News

News Breaks
May 30, 2014
06:21 EDTSSNLF, TSM, INTCTSM co-CEO says company never competes with clients, DigiTimes says
TSMC's (TSM) co-CEO CC Wei said that the company has never competed with client, adding that its competitors who compete with clients are working an infeasible business model, reports DigiTimes, citing comments made at the company's 2014 Technology Symposium in Taiwan. Market analysts have referred to the competitors as Samsung (SSNLF) and Intel (INTC). Reference Link
News For TSM;SSNLF;INTC From The Last 14 Days
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May 18, 2015
09:26 EDTSSNLFApple gets mixed ruling from appeals court in Samsung case, Bloomberg reports
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09:11 EDTINTCIntel, Altera held 'principal to principal' talks last week, CNBC reports
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07:06 EDTINTCAltera back in talks with Intel about potential takeover, NY Post says
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May 15, 2015
08:16 EDTSSNLFSamsung not engaged in DRAM price war with Micron, says Jefferies
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06:21 EDTSSNLFTwo Samsung foundations name Jay Y. Lee as chairman, WSJ reports
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06:13 EDTINTCISS, Glass Lewis advise Intel investors to vote 'no' on eBay CEO, WSJ reports
ISS and Glass, Lewis & Co, two influential proxy advisory firms, are recommended Intel (INTC) investors vote against the reelection of eBay (EBAY) CEO John Donahoe to the company's board, The Wall Street Journal reports. Citing what it characterized as a poor attendance record, Glass Lewis commented "We view this as a failure by this director to fulfill a fundamental responsibility to represent shareholders at such meetings," while ISS said Donahoe "lacked a valid excuse" for attending less than 75% of the meetings held by the Intel board and committees he serves on in 2014. Intel's annual shareholders meeting is scheduled for May 21. Reference Link
May 14, 2015
14:58 EDTSSNLFSamsung to discontinue wallet service ahead of Pay launch, SamMobile says
Samsung will discontinue its Samsung Wallet service on June 30, reports SamMobile, citing company emails distributed to users of the service. The report notes that Samsung is planning to launch its Samsung Pay mobile payment technology later this year. Reference Link
May 13, 2015
18:24 EDTSSNLFSamsung paid $250M for LoopPay acquisition, Re/code says
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07:32 EDTINTCCLSA to hold a conference
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05:57 EDTSSNLFSamsung favors Ultra HD TVs over OLED in 2015, DigiTimes reports
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05:55 EDTTSMTSMC awarded orders for SSD controller chips for Apple, DigiTimes reports
TSMC (TSM) has landed SSD controller chip orders from Apple, reports DigiTimes. According to industry sources, TSMC will utilize a 28nm process to fabricate controller cihps for Apple. Reference Link
May 12, 2015
17:33 EDTSSNLFIndian PM to urge Samsung to build Indian factories, Economic Times says
Indian Prime Minister Narendra Modi will meet with LG and Samsung next week and plans to urge the companies to establish factories in India, reports The Economic Times, citing statements by minister for communication and IT Ravi Prasad, who added that "we expect something concrete now." Reference Link
16:55 EDTSSNLFSamsung announces Internet of Things platform
Samsung Electronics announced the Samsung ARTIK platform to allow "faster, simpler" development of applications for the Internet of Things. ARTIK is an open platform that includes a family of integrated production-ready modules, software, development boards, drivers, tools, security features and cloud connectivity designed to help accelerate development of a new generation of IoT devices, solutions and services.
15:50 EDTSSNLFSamsung releases next-gen smart watch details to developers, SamMobile says
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12:04 EDTINTCIntel, eASIC collaborate on customized Intel-based solutions for the Cloud
Intel Corporation announced plans to develop integrated products with eASIC Corporation that combine processing performance and customizable hardware to meet the increasing demand for custom compute solutions for data centers and the “cloud.” The new parts will enable acceleration of up to two times that of a field programmable gate array for workloads like security and big data analytics while also speeding the time to market for custom application specific integrated circuit development by as much as 50 percent.
09:18 EDTSSNLFSamsung begins assembly smartphones at Indonesia factory, WSJ reports
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07:51 EDTINTCDeutsche Bank to hold a conference
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06:58 EDTSSNLFApple examines new nano material touch panels, ETNews reports
Apple (AAPL) is planning to example nano new material on touch panels, reports ETNews. The company expects the new technology to raise sense of touch and decrease cost. According to unnamed sources, Apple requested AgnW touch-panel samples that is verified for mass-production from LG Display (LPL), Samsung Display (SSNLF), Japan Display and other suppliers. Reference Link
May 11, 2015
09:56 EDTSSNLFIDC: Apple leads smartphone vendors in China during Q1
IDC’s latest Mobile Phone Tracker shows the China smartphone market contracted by 4% year-on-year with 98.8M units shipped in the first quarter of 2015. This is the first time in six years that the China smartphone market declined YoY as the market continues to mature. On a QoQ basis, the market contracted 8% on the back of a large inventory buildup at the end of last year. The study said Apple (AAPL) was the top smartphone vendor in China in the first quarter, with consumers still having a strong appetite for the larger screens on the iPhone 6 and iPhone 6 Plus. Xiaomi slipped to the second position as it faced strong competition from other vendors in the low to mid-range segment of the market, while Huawei maintained third position as it saw a good uptake in the mid-range segment. Samsung (SSNLF) and Lenovo (LNVGY) both led the market at least once last year, but rankings have since changed quickly, highlighting the volatility of consumers' brand preference in China. Reference Link
06:32 EDTINTCIntel management to meet with FBR Capital
Meetings to be held in Boston/New York May 11-14 hosted by FBR Capital.
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