Magnachip, whose shares declined 1.8% at $16.81 in extended trading, will get a termination fee of $70.2 million, according to a joint statement

American tech giant will expand manufacturing for its advanced semiconductor packaging technologies in the northern state of Penang

Washington is also allegedly considering adding more tech firms to the Commerce department's entity list and to the Treasury list banning US investment

Company has been scrambling to keep up with global chip shortage and supply-chain disruptions were expected to worsen during the holiday sales quarter

Apple promised to help develop China’s economy and technological prowess through investments, deals and training

Chip giant says it does not intend to divest or spin off its majority ownership in Mobileye and will continue to provide technical resources to the automaker

South Korean giant names new co-CEOs in biggest reshuffle since 2017 to simplify structure, focus on growing logic chip business

Karen Makishima says Tokyo bureaucrats moved too slowly to loosen rules on emerging technologies, stifling companies and industries

US regulators file lawsuit to block merger of graphics chip star with mobile chip technology powerhouse Arm, fearing it would undermine competition

Having more domestic companies making computer chips would give the country more control over intellectual property, the executive argued

South Korean company says demand is rising for 'high-tech' automotive chips that can handle more entertainment consumption and increased electrical components in cars

UMC admitted in a US court that it had hired engineers from Micron in 2015 who shared confidential information with a Chinese group