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Foxconn showed a 6% increase in quarterly net profit, exceeding all analysts’ forecasts. The world’s largest contract electronics manufacturer expects robust demand for AI-powered servers to continue to drive growth…
The global video game market is expected to grow modestly in 2024 amid weak console sales, according to a new report from research firm Newzoo. The gaming industry will grow…
According to the latest report from analyst agency Canalys, 8.8 million computers with artificial intelligence capabilities were shipped to the market in the second quarter of 2024. These systems are…
Intel recently announced plans to cut its workforce by 15% to cut costs. The chipmaker’s Irish office recently asked employees of its Leixlip subsidiary to voluntarily submit their resignations. The…
The quarterly reporting season has not yet ended, but Bloomberg analysts have already summed up some results in terms of changes in the dynamics of profit growth of companies included…
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%…