Bain Capital-backed Kioxia filed a registration statement on Friday which will allow the Japanese chipmaker to sound out investors for an initial public offering. Kioxia’s filings indicate it aims to conduct an IPO some time from December through June 2025. The chipmaker is targeting December, two people familiar with the matter said. Bain scrapped plans … The post Kioxia

French generative AI startup LightOn launched an initial public offering (IPO) on the Euronext Growth market in Paris on Friday, with a listing expected later in November. WHY IT’S IMPORTANT LightOn, which provides large language model (LLM) software to businesses and the French government, would become the first GenAI startup to be listed in Europe. … The post LightOn

Semiconductor Manufacturing International Corp (0981.HK) , China’s largest chipmaker, warned on Friday that overcapacity in mature node chips will persist through 2025 and that it was turning cautious on building new capacity. The global semiconductor industry has struggled to recover since late 2022, when pandemic-driven shortages turned into oversupply, with many end users, including automakers, still working … The post SMIC

Sony (6758.T), reported on Friday a 73% rise in group operating profit in the July-September quarter, buoyed by strong sales in its game and network business. Sony, whose businesses includes music, movies, games and chips, maintained its profit forecast of 1.31 trillion yen ($8.51 billion) for the current year to March, largely in line with the 1.34 … The post Sony posts 73% jump in Q2

 Three Ghanaian-owned companies on Wednesday emerged as winners of the Ghana National Kaizen Awards 2024 for their excellence in opera­tional efficiency and innovation. KAIZEN is a Japanese philos­ophy and methods of quality and productivity which are key for Japanese industrial development and applied techniques. The awardees included Solution Oasis Limited, Yedent Agro Group of Companies, … The post 3

The Coordinator of the Affirmative Ac­tion Bill Coalition, Ms Becky Ahadzi, has asked the elec­torate to vote for more women aspirants in the 2024 polls to help in decision making of the country. “There is the need for more women in parliament to ensure the passage of gender responsive laws and policies,” she indicated. She … The post Vote for more women – Affirmative Action Coalition

 Ghana marks the 40th National Farmers’ Day to­day and it will be climaxed with a national awards night cere­mony to be attended by President Nana Addo Dankwa Akufo-Addo. And as it is always, farmers and fishers who have distinguished themselves across the country during the year will be honoured in 15 award categories. The categories … The post  40th National Farmers’ Day to be held today

The running mate of the National Demo­cratic Congress (NDC) for the December 7 Presidential contest, Prof. Naana Jane Opoku-Agyemang has ended her 3-day campaign tour of the Volta Region during which she was enstooled as a queen mother of Ave Dakpa in the Akatsi North Constituency under the stool name Mama Ngorgbe II. The chiefs … The post Prof. Naana enstooled Mama Ngorgbe II of Ave Dakpa

 The Gender-Based Violence Court has sentenced a 24-year-old man, Emmanuel Char­way, to 15 years in prison in hard labour for having sexual intercourse with an 11-year-old girl at Teshie, Accra. Charway, who claimed to be native doctor, was charged with defilement and threat of death, pleaded guilty. The court, presided over by Dora Eshun, convicted … The post Native doctor jailed