MU | Taiwanese contract chipmaker UMC fined $60M after pleading guilty to DOJ charges of stealing trade secrets from US chipmaker Micron (Financial Times)

Financial Times : Taiwanese contract chipmaker UMC fined $60M after pleading guilty to DOJ charges of stealing trade secrets from US chipmaker Micron — Chipmaker fined $60m and agrees to co-operate in case against China’s Fujian Jinhua — Taiwanese contract chipmaker United Microelectronics Corporation …Techmeme

MU | Samsung Warns of Weaker Outlook Even as Profit Beats

(Bloomberg) — Samsung Electronics Co.warned earnings in the current quarter will decline, saying the strong growth in its mobile and memory business that helped third-quarter profit beat will ease amid intensifying competition and weakening demand.The world’s largest maker of memory chips and personal electronics said net income rose a better-than-expected 52% to 9.27 trillion won […]