How Samsung’s Delayed AI Strategy Opened Doors for Rival SK Hynix
Samsung Electronics, once the dominant force in memory semiconductors, is now struggling in the AI-driven chip market, resulting in a $126 billion loss in market value, as reported by S&P…
Nissan to Cut 9,000 Jobs and Slash CEO’s Pay Amid Struggles
Nissan Motor Co. plans to lay off 9,000 workers and reduce its global manufacturing capacity by 20 percent, according to Reuters. The Japanese automaker’s restructuring strategy is aimed at trimming…
Trump Expected to Maintain CHIPS Act Despite Campaign Criticisms
President-elect Donald Trump is expected to uphold the Biden administration’s CHIPS and Science Act, a landmark policy designed to boost U.S. semiconductor production, despite criticism voiced during his campaign, according…
Samsung Elevates Bixby with Its Biggest Update Yet
Samsung has announced its largest update in years to Bixby, the company’s virtual assistant, which has long lagged behind competitors like Apple’s Siri and Google’s emerging Gemini. Revealed during a…
Qualcomm’s Strong Forecast Driven by Chinese Smartphone Demand
Qualcomm Inc. announced on Wednesday that its projected sales and profit for the upcoming quarter are expected to surpass Wall Street’s estimates, largely driven by an increase in Chinese smartphone…
Nintendo Confirms Switch Games Will Work on Upcoming Console
Nintendo’s president, Shuntaro Furukawa, announced on Wednesday that software from the company’s Switch console will be compatible with its upcoming successor device. While specific details about the new hardware are…
China-Linked Hackers Accessed US Telecom Data for Months, Report Finds
New revelations highlight the scale of surveillance on US telecom networks by hackers linked to China, potentially impacting thousands of Americans. The Wall Street Journal reports that this hacking group,…
Suzuki Unveils First EV E Vitara in Collaboration with Toyota
Suzuki has unveiled its first electric vehicle (EV), the E Vitara, developed in collaboration with Toyota. The compact, 4WD-capable electric SUV marks a significant milestone for Suzuki as it ventures…
US Lawmaker Urges Crackdown on Chinese Chipmaker SMIC
A leading Republican lawmaker has voiced strong concerns over the Biden administration’s approach to regulating China’s Semiconductor Manufacturing International Corp (SMIC), arguing that not enough is being done to counter…
South Korea Fines Meta $15 Million for Collecting User Data Illegally
Facebook owner Meta Platforms faces a 21.62 billion won ($15.67 million) fine imposed by South Korea for collecting and using sensitive user data without legal authorization. The Personal Information Protection…
Super Micro Shares Fall 17% as Annual Results Delay Remains Unresolved
Super Micro, a major player in the server industry facing scrutiny, has experienced a 17% decline in share value during extended trading. This sharp drop followed the company’s release of…
Japanese Engineers Head to Tenstorrent for AI Chip Training
Japan’s government has enlisted Silicon Valley AI chip startup Tenstorrent to train 200 Japanese chip designers over five years at the company’s U.S. offices. This initiative, announced Tuesday, involves a…
Black Myth Wukong Runs Smoothly on OneXFly F1 Pro with Ryzen AI
AMD’s new gaming handheld, the OneXFly F1 Pro, marks a major advancement in portable gaming performance. Powered by the Ryzen AI HX 370 chip, it reaches close to 60 frames…
Singapore Accelerates Asset Tokenization Initiatives with New MAS Frameworks
The Monetary Authority of Singapore (MAS) is making significant strides in the field of asset tokenization, unveiling a comprehensive strategy to enhance the commercial viability of this innovative technology. Through…
Pakistan’s Shift Towards Cryptocurrency Regulation and Potential Introduction of CBDC
On November 4, the State Bank of Pakistan (SBP) outlined a series of policy proposals that could transform the nation’s financial landscape by potentially legalizing cryptocurrencies as legal tender. These…
Indonesia’s INA and Granite Asia Set to Invest $1.2 Billion in Tech
Indonesian sovereign wealth fund INA and Singapore-based venture capital firm Granite Asia have announced plans to invest up to $1.2 billion in Indonesia’s technology sector. The joint investment aims to…
Nvidia and TSMC Gain Market Value in October Amid AI Chip Demand
Nvidia and TSMC saw significant gains in market value in October, driven by sustained demand for artificial intelligence (AI) chips. Nvidia’s market cap surged 9.3% to $3.26 trillion, propelled by…
Yamaha Plans U.S. E-Bike Exit, Slashing Prices to Sell Remaining Inventory
Yamaha Motor Corporation will end its e-bike business in the U.S. by the close of 2024, joining the post-pandemic e-bike market shakeup. The Japanese giant shared the news in a…
Japan Launches World’s First Satellite Made from Wood
The world’s first wooden satellite, LignoSat, developed by Kyoto University and Sumitomo Forestry, launched into space on Tuesday. It marks an early experiment in the use of timber for future…
Chinese Tech Firm DeepRoute.ai Secures $100 Million Investment for Expansion
DeepRoute.ai, a Shenzhen-based autonomous driving tech firm, announced Monday it secured $100 million from a Chinese automaker. The investment aims to accelerate the widespread adoption of its smart driving systems,…