Computer processor firm AMD has reached an agreement to buy semiconductor manufacturer Xilinx for US$35 billion in an all-stock transaction as it seeks to take the fight to market leader Intel.
Chinese telecommunications equipment vendor Huawei Technologies is making a bid to sell its Honor smartphone unit which markets cheaper devices compared to the flagship ones that are put out under the Huawei brand.
The US Department of Commerce has imposed sanctions on China's biggest maker of semiconductors, Semiconductor Manufacturing International Corporation, claiming it poses an "unacceptable risk" of its products being diverted to "military end use".
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