BLOOMBERG Samsung Electronics Co has delayed mass production plans at its new chip plant in Taylor, Texas, the Seoul Economic Daily said, potentially dealing another blow to the Biden administration’s ambition to increase domestic semiconductor supplies. Mass production at the upcoming $17 billion fab would begin in 2025, the newspaper reported, citing a speech by President Choi Siyoung of Samsung’s ...

BLOOMBERG Apple Inc said it would put its latest smartwatch models back on sale in its US retail stores after it won a court ruling in a patent fight, providing a quick reprieve for its $17 billion business. The company said its Apple Watch Series 9 and Ultra 2 would also resume online sales beginning on Thursday by noon Pacific ...

BLOOMBERG Chinese stocks rallied heading into the year-end, boosted by a rotation into some of 2023’s worst-performing sectors and a supportive global backdrop. The CSI 300 Index gained 2.3% to cap its best day in five months, as overseas investors bought onshore equities worth 13.6 billion yuan ($1.9 billion) on a net basis in Thursday’s session. A subgauge of industrial ...