Computer parts

Logitech International Raises Full-Year Outlook Following Strong Second Quarter Performance

Swiss-American Tech Company Exceeds Expectations and Signals Optimism for Full-Year Sales Logitech International, a globally recognized leader in computer peripherals, has raised its full-year outlook following a strong performance in the second quarter of its fiscal year. The Swiss-American company,...
South Korea team showcases drone that serves as 'flying shopping cart'

South Korean Researchers Develop Flexible-Rotor Transport Drone for Uneven Terrain

A team of researchers at Seoul National University of Science and Technology (Seoul Tech) has developed an innovative transport drone that operates on multiple flexible rotors, making it capable of self-correcting in flight to remain level. This new drone, which...
TSMC

US Commerce Department Investigates TSMC Over Possible Violation of Huawei Export Rules

The United States Commerce Department has reportedly initiated an investigation into Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest chip manufacturer, to determine if it has violated U.S. export controls by supplying smartphone and artificial intelligence (AI) chips to the...
Semiconductor Industry

US Lawmakers Pressure Japan to Strengthen Chipmaking Restrictions on China, Warn of Potential Sanctions

In the global semiconductor conflict, key U.S. lawmakers have urged Japan to implement tighter restrictions on the sale of chipmaking equipment to China. The lawmakers warned that if Tokyo does not take action, Washington could impose its own sanctions on...
Apple, China

Apple Opens New R&D Center in Shenzhen Amid Increasing Competition from Huawei

Apple Inc. has taken a significant step to solidify its presence in China by opening a new research and development (R&D) center in Shenzhen, a strategic move to counter the growing influence of Huawei and safeguard its market share in...
Netflix

Netflix Holds Off on US Price Hike, Despite Streaming Rivals Raising Rates

In a year marked by rising subscription prices across major streaming platforms like Disney+ and Peacock, Netflix (NFLX) has decided to hold off on raising its US subscription fees — for now. Despite this pause in price hikes, the streaming...
Taiwan Semiconductor Manufacturing Co. (TSMC)

TSMC Shares Reach Record High on AI Surge, Amidst U.S. Investigation Concerns

Taiwan Semiconductor Manufacturing Co. (TSMC), the world’s largest contract chipmaker, saw its shares soar to record highs on Friday, following its strong third-quarter earnings and a bullish outlook driven by the rising demand for artificial intelligence (AI) technologies. However, the...
Meta

Meta Announces New Round of Layoffs Across Instagram, WhatsApp, and Reality Labs: The Year of Efficiency Continues

Meta Platforms, Inc., the parent company of popular apps like Instagram, WhatsApp, and the virtual reality unit Reality Labs, has initiated a new round of layoffs, according to a report by The Verge. The latest job cuts, though reportedly small...
Apple Inc.

Apple Hits New Intraday High Amid Growing Regulatory Scrutiny Over Google Deal

Apple Inc. (AAPL) stock surged to an intraday high of $237.49, continuing its upward trajectory in 2024 and reaffirming the tech giant's dominant position in the global market. However, even as Apple celebrates this financial milestone, analysts are sounding alarms...
South Korea Technology

South Korea to Tighten Measures Against Overseas Leaks of Business Secrets Amid Rising Tech Competition

In response to escalating global competition for cutting-edge technologies, South Korea is ramping up efforts to safeguard its intellectual property and business secrets from overseas leaks. The country's finance minister, Choi Sang-mok, announced on Thursday that the government would introduce...
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