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Samsung Electronics’ high operating profit performance in the second quarter, some sources believe, masked the unsightly performance of the company’s contract division. In their opinion, the second quarter was unprofitable…
HP plans to move more than half of its personal computer production out of China and is setting up a backup design center in Singapore in an attempt to reduce…
Sony presented a report on the results of the first quarter of the 2024 financial year, which ended on June 30, 2024: the company managed to increase operating profit by…
American IT giants collectively lost about $1 trillion in market value in the first minutes of the opening of trading on stock exchanges on Monday, CNBC reports. Experts call yesterday…
Intel’s share price plunged 29% on Friday (via Reuters) after the company said it would suspend dividends starting in the fourth quarter of this year and plans to cut 15%…
The American law firm Abington Cole + Ellery, specializing in class action and intellectual property cases, has begun an investigation into problems with failures and instability of the 13th and…
At a conference held on July 31, MediaTek announced the imminent availability of its latest flagship AI accelerator chips, the Dimensity 9400. MediaTek CEO Rick Tsai said the company is…
Meta✴’s ambitious plans to develop the metaverse continue to cost the company billions of dollars. Meta✴’s Reality Labs augmented and virtual reality division reported an operating loss of $4.48 billion…
Netherlands-based ASML, which makes chip manufacturing equipment, could be exempt from new restrictions on exporting its products to China, Reuters reported today. As a result, the company’s shares rose in…
Microsoft published a report on the results of the fourth quarter of the 2024 fiscal year, which ended on June 30: the company received revenue of $67.7 billion and net…