US President Donald Trump -TikTok logo

President Trump Pauses TikTok Ban in One of His First Acts in Office

In a surprising move that marked a sharp departure from the previous administration's stance, newly inaugurated President Donald Trump issued an executive order delaying the enforcement of a controversial law that would effectively ban the popular social media app TikTok...
Apple Siri

Apple Denies Selling Siri Data Following $95 Million Settlement Over Privacy Allegations

Apple Inc. took a firm stance on Wednesday, clarifying that it has never sold data collected by its Siri voice assistant or used it to create marketing profiles. This statement comes in the wake of a $95 million settlement reached...
iPhone 16

Indonesia Upholds Ban on iPhone 16 Sales Amid $1 Billion Apple Investment Impasse

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

Samsung Shares Rise as Nvidia’s Jensen Huang Backs Company Amid AI Memory Struggles

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

Asian Chip-Related Shares Soar Ahead of Nvidia CEO’s CES Speech, Boosting AI Optimism

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...
Artificial Intelligence (AI)

Digital Edge Secures $1.6 Billion in New Capital for Expansion Across Asia

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

Foxconn Reports Record Fourth Quarter Revenue, Driven by AI Server Demand

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...
China Chip Industry

U.S. Tightens Sanctions on China’s Chip Industry: Implications for Korean and Global Manufacturers

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,...
US-China Chip

Biden Administration Considers New Restrictions on Semiconductor Equipment and AI Chips Sales to China

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...
Japanese Semiconductor

Japanese Semiconductor Stocks Surge as US Eases Restrictions on China

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...
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