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The chip industry that was bracing for a difficult period with laptop sales slumping is adjusting to a wider and sharper slowdown even as semiconductor companies prepare to spend billions of dollars on new factories.
OEMs are starting to negotiate directly with chip makers and stockpile more inventory.
WASHINGTON (dpa-AFX) - Synaptics Inc (SYNA) reported a profit for its fourth quarter that increased from last year and beat the Street estimates.The company's bottom line totaled $82.9 million
Cyber roundup: Cloudflare, Synaptics and NortonLifeLock deliver solid earnings beats - SiliconANGLE
What had been “war room operations” to manage chip shortages are becoming embedded features of vehicle development, say executives in both industries. That has shifted the risks and some of the costs to automakers.