Financial news and analytics

Intel received $1.9 billion in subsidies to build a plant in Poland

The European Commission has given Poland the green light to support the opening of a new Intel chip assembly and…

5 months ago

Samsung will put thousands of people out of work – some divisions will be cut by 30%

Reuters, citing its own sources, reports that the South Korean company Samsung Electronics is preparing to cut some of its…

5 months ago

TSMC’s August revenue rose by a third compared to last year

The largest contract chip manufacturer, the Taiwanese company TSMC, has just now summed up its financial results for August, and…

6 months ago

The startup accused Nvidia and Microsoft of colluding and willfully infringing its DPU patents

A massive patent dispute has erupted in Texas, with startup Xockets, funded by Yahoo co-founder and Intel CTO, suing Nvidia…

6 months ago

Huawei has become the leader in the global wearable devices market

In the second quarter of 2024, 43.7 million wrist wearable devices (smart bracelets and watches) were shipped worldwide, and Huawei…

6 months ago

Foxconn’s revenue soared nearly 33% in August as AI boom plays a role

The world's largest contract electronics manufacturer and one of Apple's main partners, represented by Taiwanese Foxconn, announced a significant increase…

6 months ago

Intel faces expulsion from Dow Jones index due to plummeting shares

During the dot-com era in 1999, Intel, along with Microsoft, was one of two technology companies included in the Dow…

6 months ago

Samsung and TSMC are unlikely to be buyers of Intel’s chip business

Intel management is considering several options for getting the company out of the crisis, including the sale of the FPGA…

6 months ago

The owner of TikTok intends to receive one of the largest loans in Asian history – $9.5 billion

The Chinese company ByteDance, which owns the short video service TikTok, is in the process of obtaining a loan in…

6 months ago

Japanese chip equipment manufacturers do not want to be overly dependent on the Chinese market

It is well known that the rapid development of the Chinese semiconductor market and attempts by local chip manufacturers to…

6 months ago