|Bid||334.00 x 0|
|Ask||335.00 x 0|
|Day's Range||333.50 - 337.50|
|52 Week Range||236.00 - 428.00|
|Beta (5Y Monthly)||0.43|
|PE Ratio (TTM)||6.05|
|Forward Dividend & Yield||26.00 (7.78%)|
|Ex-Dividend Date||Aug 02, 2021|
|1y Target Est||N/A|
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(Bloomberg) -- Microsoft Corp. introduced an end-to-end revamp of its Surface devices, including an update to its popular two-in-one laptop models, part of a push to be a bigger force in computer hardware.Most Read from BloombergHow Los Angeles Became the City of DingbatsWhy the Gaza Strip May Be the City of the FutureSchool Reopenings Falter as U.S. Kids Near 1 Million Covid CasesThe Rise of the Pandemic DashboardA Jewish Tradition Makes Room for Unconventional DesignThe new lineup, unveiled at
(Bloomberg) -- The global shortage in semiconductors is spreading to companies that provide gear used to manufacture the silicon, with one chip packaging equipment supplier warning of delays in shipments.Average delivery times of Kulicke and Soffa Industries Inc.’s packaging equipment, which require microcontrollers, have doubled to six months, said Executive Vice President Chan Pin Chong. The company supplies equipment to customers like ASE Technology Holding Co., the world’s largest chip packaging and testing services provider.Chip manufacturers and their partners are now trying to expand capacity to meet the surging demand for silicon, only to be stymied in part because of difficulties in getting gear from suppliers like Kulicke and Soffa. Companies including Innolux Corp. and Asustek Computer Inc. have recently warned of tight supply with chip packaging, the final step in semiconductor manufacturing.“Chips are critical for our equipment but there are not enough chips,” Chong said. The imbalances in the global semiconductor market may persist until late 2021 or early next year, he added.The warning is the latest sign that the shortage of chips is spreading. Carmakers have had to idle plants while and consumer electronics manufacturers are slowing production, due to a lack of the vital components. Samsung Electronics Co. this week became the biggest tech giant to warn of the “serious imbalance” in semiconductors, saying that the crunch may pose a problem to its business next quarter.Read more: Samsung Warns of Severe Chip Crunch While Delaying Key PhoneFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.
PC and gaming enthusiast gear specialist Asustek Computer Inc (OTC: ASUTZ) launched the latest in its Republic of Gamers smartphone line aiming at Android gamers in markets like China its target market, Bloomberg reports. What Happened: The ROG Phone 5 is populated with up to 18GB of memory and Qualcomm Inc’s (NASDAQ: QCOM) latest Snapdragon 888 processor, custom-made 6.8-inch Samsung Electronics Co Ltd (OTC: SSNLF) OLED display, containing two battery cells cooled by a vapor chamber system and its higher-tier models bundle an attachable fan cooler for richer performance. Asus is betting on its brand association with gaming and the broad enthusiasm for a tailored user experience in the commodified Android device market. The ROG Phone 5 comes with an app providing a console-like interface. Asus is working with game makers to add support for the highest refresh rates compatible with its display. Why It Matters: Asus successfully partnered with Chinese internet giant Tencent Holdings Ltd (OTC: TCEHY) for the promotion of ROG Phones and certification of games in China. Apple Inc (NASDAQ: AAPL) and Samsung continue to promote their devices’ gaming capabilities, compelling brands like Asus to focus on hardcore gaming fans. However, vendors will need to heavily invest in esports tournaments for the success of brands like Asus whose target market includes hardcore gamers and professional gamers. Asus noted a substantial sales jump between each successive ROG Phone generation validating its success. The ROG Phone 5 starts from $950 (€799) with a maximum price of €1,299 for an Ultimate fan edition with maxed-out memory and storage. Image Courtesy: Wikimedia See more from BenzingaClick here for options trades from BenzingaVocera Raises 0M Via Convertible Senior Notes For Debt FinancingRussia Slows Twitter's Speed Following Protests, Threatens Complete Suspension: Reuters© 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.