- May 9th, 2025
Indonesia has reaffirmed its ban on iPhone 16 sales, citing Apple’s inability to comply with stringent domestic market regulations, despite the tech giant’s $1 billion pledge to invest in the Southeast Asian nation. The announcement on Wednesday (Jan 8) came...
Samsung Electronics Co.’s shares experienced a notable uptick following remarks by Nvidia Corp. founder Jensen Huang, who expressed confidence in Samsung’s capability to overcome the technical challenges hampering its cutting-edge memory products. This optimism provided a much-needed boost to the...
Asian chip-related stocks surged early this week as investors pinned hopes on a wave of renewed optimism for AI demand, fueled by the anticipation of Nvidia Corp. CEO Jensen Huang's keynote speech at the Consumer Electronics Show (CES) in Las...
Singapore-headquartered Digital Edge raises substantial funds to meet rising cloud and AI demands Digital Edge, a leading data center company based in Singapore, announced on Monday that it has successfully raised over $1.6 billion through a combination of equity and...
Foxconn, the world's leading contract electronics manufacturer, has shattered expectations by posting its highest-ever revenue for the fourth quarter of 2024, bolstered by robust demand for artificial intelligence (AI) servers. This achievement underscores the company's strategic positioning in the burgeoning...
The United States has introduced sweeping new sanctions targeting China’s chip industry, escalating its technological rivalry with Beijing. Announced on Monday by the U.S. Department of Commerce's Bureau of Industry and Security (BIS), these measures focus on advanced semiconductor technologies,...
The Biden administration is reportedly weighing new restrictions on the sale of semiconductor equipment and AI memory chips to China, intensifying the US campaign to limit Beijing’s technological advancement. This potential move, expected to be announced as early as next...
Shares of Japanese semiconductor-related companies soared on Thursday after reports emerged that the US government is considering milder-than-expected restrictions on exports of chip equipment and AI memory semiconductors to China. The announcement triggered a rally in Japan’s high-stakes chip manufacturing...
Qualcomm Inc.’s interest in acquiring Intel Corp. has significantly cooled, according to sources familiar with the matter, halting what could have been one of the largest and most consequential deals in the technology sector. The decision reflects the immense complexities...
In a landmark decision, the U.S. Consumer Financial Protection Bureau (CFPB) announced on Thursday that it will subject digital wallet and payment app providers processing over 13 billion financial transactions annually to government oversight. The move places tech giants like...
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