Financial news and analytics

LG Display sells Chinese LCD display plant to TCL for $1.5 billion

South Korean company LG Display today announced the sale of its stake in a large liquid crystal display manufacturing plant…

2 months ago

Prospects for a glut in the Chinese market and Intel’s plans are forcing analysts to lower their forecast for ASML’s revenue dynamics

Less than a month is left before the Dutch company ASML publishes its next quarterly report, but industry analysts are…

2 months ago

Global sales of iPhone 16, Apple Watch Series 10 and AirPods 4 have begun – Apple showed how it was

Apple today welcomed customers to its stores around the world for the premiere of iPhone 16, Apple Watch Series 10,…

2 months ago

Qualcomm failed to cancel the antitrust fine in Europe, but managed to reduce it slightly

The Court of Justice of the European Union in Luxembourg confirmed the legality of the antitrust fine imposed on the…

2 months ago

The US has almost convinced Japan to further limit the export of semiconductor technology to China

The United States is close to persuading Japan to reach an agreement to limit exports of semiconductor technology to China,…

2 months ago

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…

2 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…

2 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…

2 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…

2 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…

3 months ago