Toby Sterling
Stories by Toby Sterling
ASML supplier NTS Group opens Singapore plant
NTS is the latest Dutch firm to add capacity in Asian countries outside China.
Chinese-owned chipmaker Nexperia invests $200m to expand German facility
Nexperia makes 100 billion such chips annually, nearly a quarter of the world's supply.
TSMC tells vendors to delay chip equipment deliveries amid demand concerns
TSMC has been forced to push back production at the Arizona plant by a year to 2025.
Dutch tech investor Prosus to end cross-holding with parent Naspers
The announcement sent shares of both the companies up almost 10% in early trade
Chip equipment maker ASML’s suppliers eye SE Asia amid US-China tensions
Officials from a dozen tech companies are set to visit Vietnam, Malaysia, and Singapore next week.
Prosus, Naspers cutting 30% of jobs at corporate offices
Prosus/Naspers has around 30,000 employees but most are employed at companies in their investment portfolio.
Getir’s Gorillas buy to speed up consolidation in Europe’s food delivery space
More than a dozen smaller European quick commerce companies failed or were acquired since mid-2021.
Prosus and Naspers deny report about Tencent stake sale
Prosus holds a 28% stake in Tencent worth $70 billion at current prices.
Prosus terminates $4.7b deal to buy Indian payments platform BillDesk
Prosus said some conditions were not fulfilled within the Sept 30 deadline
Tencent shares fall 2.5% as Prosus, Naspers say to gradually sell shares
Prosus holds a 28.9% stake in Tencent worth more than $100 billion.
