The impacted contracts amounted to about $100 million, which was less than 1 per cent of the order backlog in IBM's consulting unit, finance chief James Kavanaugh told Reuters on Wednesday.

As the semiconductor industry shifts toward geographic diversification and manufacturing resilience, IBM CEO Arvind Krishna says Japan-based Rapidus is emerging as a critical player—not just for ...

TOKYO -- Rapidus' effort to mass-produce advanced chips will benefit all sides, said Arvind Krishna, the CEO of IBM, which a partner of the Japanese company. "Can we depend on only one supplier in ...