Nexchip Semiconductor is seeking a dual listing alongside its existing Shanghai shares, a move designed to tap international capital for what amounts to an industrial expansion of extraordinary scale.
Global helium consumption runs about 6 billion cubic feet per year. Qatar supplied a big slice until this month. With one-third of output sidelined, prices have already soared.
U.S. regulators have allegedly drafted rules that would require U.S. government approval to ship AI chips anywhere outside the U.S., according to Bloomberg, citing sources. This would give the U.S. significantly more control over companies like AMD and Nvidia.
Meta is being sued by Solos, a rival smart glasses maker, for infringing on its patents, Bloomberg reports. Solos is seeking "multiple billions of dollars" in damages and an injunction that could prevent Meta from selling its Ray-Ban Meta smart glasses as part of the lawsuit. Solos claims that Meta's Ray-Ban Meta Wayfarer Gen 1 smart glasses violate multiple patents covering "core technologies in the field of smart eyewear."
A class action case for about 12.2 million users argues that Sony "occupies a dominant position in relation to the digital distribution of PlayStation games and in-game content and that it has been unfairly charging its UK customers too much for digital games and in-game content purchased through the PlayStation Store."
Which? claimed that Qualcomm abused its market position as a dominant producer of processors and radio chips for smartphones, and that even Samsung and Apple felt they had no alternative but to pay inflated prices for some parts and then passed on the costs to buyers. UK consumers, the group argued, therefore paid more for certain smartphones between October 2015 and January 2024.
Samsung Display and LG Display, the two South Korean technology behemoths, announced plans earlier this year to stop the production of LCDs by the end of 2020. The announcements first appeared in Reuters' report s and aim to consolidate the two companies' lead in organic light emitting diode (OLED) panels, while conceding to Chinese manufacturers who have aggressively expanded their LCD productions.
This week in Other Barks & Bites: the Sixth Circuit affirms a dismissal of a declaratory judgment suit after finding no federal question of law raised by the suit's copyright allegations; the EU's highest court says that EU member states can pass rules implementing a private copying levy against manufacturers of computer hard drive storage; the governments of the United States and Taiwan announce a relaxation of some reciprocal tariffs in response for a $250 billion investment in American chip capacity;