(Bloomberg) -- A two-year-old Shanghai-based developer of chip design software was behind an attempt to buy a British firm that regulators blocked with little explanation, the latest example of Britain’s increasing hostility toward Chinese investment.Super Orange HK Holding Ltd. was blocked from buying Bristol-based chip design software provider Pulsic Ltd., the British Business Secretary announced in a brief statement Wednesday. But that firm is in reality controlled by little-known Shanghai Un
(Bloomberg) -- Applied Materials Inc., the biggest maker of machinery used to manufacture semiconductors, gave an upbeat sales forecast for the current period, saying it can weather the economic slowdown afflicting the industry. Revenue will be about $6.65 billion in the fiscal fourth quarter, which runs through October, the company said in a statement Thursday. Analysts estimated $6.55 billion on average, according to data compiled by Bloomberg.The outlook signals that the chip industry may be
Per the latest Falconer AOC Weapon System Sustainment contract, Science Applications (SAIC) offers a reliable, secure and modernized mission system to global AOCs to plan and conduct air operations.