Qualcomm Brings AI Power to Mobile Chips with New Snapdragon 8 Elite
Qualcomm announced on Monday that it is integrating technology initially developed for its laptop chips into its mobile phone processors, with the goal of enhancing their capabilities for generative AI…
DJI Sues US Defense Department to Remove Chinese Military Label
DJI, the world’s largest drone manufacturer, is escalating its legal battle against the U.S. Department of Defense (DoD) to remove its designation as a “Chinese Military Company.” DJI argues that…
Fuji Soft Backs KKR’s Initial Offer as Bain Presents Higher Proposal
The board of Japan’s Fuji Soft (9749.T) is continuing to back the first stage of a 558.4 billion yen ($3.72 billion) buyout offer from KKR, despite receiving a higher counter-offer…
Apple’s iPhone Sales in China Climb 20% in First Three Weeks
Apple’s new iPhone sales in China surged 20% in the first three weeks following their launch, according to data from research firm Counterpoint. This growth compares to the 2023 model’s…
Samsung delays ASML chip equipment deliveries for new Texas factory, sources reveal
Samsung Electronics has delayed receiving deliveries of ASML’s chipmaking equipment for its new $17 billion factory in Taylor, Texas, as it faces challenges securing major customers for the project, according…
Casio Systems Remain Down After Ransomware Attack
Japanese electronics giant Casio has confirmed that several of its systems remain unusable almost two weeks after being hit by a ransomware attack. A Casio spokesperson, Ayuko Hara, informed TechCrunch…
Hong Kong Police Dismantle $46 Million Deepfake Crypto Romance Scam
Hong Kong police have successfully dismantled a sophisticated criminal operation using artificial intelligence deepfakes to orchestrate a crypto romance investment scam, leading to the arrest of 27 individuals. This elaborate…
Super Nintendo World in Orlando Set to Open May 2025
Super Nintendo World is set to open at Universal Orlando Resort on May 22, 2025. This will be the third Nintendo theme park globally, following locations in Los Angeles and…
Autonomous Driving Company Pony AI Targets US IPO with Strong Backing from Toyota
Pony AI, a Chinese autonomous driving firm backed by Toyota, has filed for an initial public offering (IPO) in the United States. This marks another indication of rising investor interest…
Horizon Robotics Aims to Raise $696 Million in Largest Hong Kong IPO of 2024
Horizon Robotics, a Chinese autonomous driving firm, plans to raise up to $696 million in its upcoming Hong Kong initial public offering (IPO), marking the city’s largest listing of 2024.…
Intel Faces Allegations of National Security Risks in China
The Cybersecurity Association of China (CSAC) has called for a security review of Intel products sold in China, accusing the U.S. chipmaker of repeatedly endangering the country’s national security. Though…
South Korea Announces Tougher Measures to Stop Advanced Technology Leaks
South Korea is set to strengthen its efforts to prevent overseas leaks of critical technologies, especially in the face of rising global competition for advanced innovations, Finance Minister Choi Sang-mok…
TSMC Reports Strong Profit Growth Fueled by AI Demand
Taiwan Semiconductor Manufacturing Co. (TSMC) is expected to announce a significant third-quarter profit increase, driven by the surge in demand for artificial intelligence (AI) applications. Analysts project TSMC’s net profit…
ASML Reveals Impact of U.S. Chip Export Curbs on China Sales
ASML, a key player in the global chip supply chain, has provided its first detailed insight into how U.S. export restrictions on advanced chip manufacturing tools will affect its sales…
China Dismisses US Government’s Accusations of Cyber Infiltration
China has dismissed allegations made by the US government and Microsoft that the state-backed hacking group Volt Typhoon infiltrated critical US infrastructure, referring to the claims as a “political farce.”…
Thailand’s Oldest Bank Introduces Stablecoin Remittance Services
Siam Commercial Bank (SCB), the longest-established commercial bank in Thailand, has taken a significant step forward by incorporating stablecoin-based cross-border payment and remittance services. This initiative is launched in partnership…
India Backs Musk as Satellite Spectrum Allocation Debate Heats Up
India’s decision to allocate satellite spectrum through administrative means, bypassing the auction method, appears to favor global players like Elon Musk’s Starlink and Amazon’s Project Kuiper. Communications Minister Jyotiraditya Scindia…
ASML’s Lowered Outlook Sparks Concerns Over Factory Overcapacity
ASML’s downgraded 2025 sales forecast has sparked a major sell-off in chip stocks, causing concerns about potential faltering global chip demand. However, analysts suggest the issue may lie in factory…
Australia Launches Its First ETF Directly Holding Ether
Monochrome Asset Management has launched Australia’s inaugural exchange-traded fund (ETF) that directly holds Ether, marking a significant milestone in the Australian cryptocurrency investment landscape. As of October 15, the Monochrome…
Xpeng President Confirms Long-Term Strategy for Europe Despite Tariff Challenges
Xpeng remains committed to its long-term strategy in Europe despite the pressures from newly imposed tariffs by the European Union, according to Brian Gu, vice chairman and co-president of Xpeng.…