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Roomba Maker iRobot Files for Bankruptcy, With Chinese Supplier Taking Control

Founded in 1990 by three M.I.T. researchers, iRobot introduced its vacuum in 2002. Its restructuring will turn the company over to its largest creditor.

Β© Justin Sullivan/Getty Images

Roomba vacuums on display in California last year. The chief executive of iRobot said the company’s acquisition by its Chinese supplier would secure its β€œlong-term future.”
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Europe’s Chip Dreams Confront Business Realities

European chipmakers need TSMC’s help to grow their own semiconductor supply chain, but the chip giant’s Taiwanese suppliers find Europe a tough place to do business.

Β© Milan Bures for The New York Times

TSMC is teaming up with European chipmakers to build a factory near Dresden, Germany, as Europe’s need to make its own chips has grown more pressing.
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