Search results for "ai technology"

Samsung Quarterly Profit Set to Hit 14-Year Low amid Chip Glut

Samsung Electronics Co Ltd’s first-quarter profit is expected to plunge 92% to the lowest for any quarter in 14 years, as a chip glut worsens and buyers like data centres and computer makers slow purchases amid a global economic slowdown. The launch of a new flagship smartphone is expected to have supported mobile profits, but […]

China Calls on Japan to Correct Chip Export Restrictions

 China is seriously concerned about Japanese export restrictions on chip manufacturing equipment and called on it to correct its “wrong practice”, the Chinese commerce ministry said on Tuesday. “China will take decisive measures to safeguard its rights and interests if Japan insists on obstructing the chip industry cooperation between the two countries,” it said in […]

Asia Stocks Down on Inflation, Growth Concerns; RBA Hits Pause

Asian stocks slipped on Tuesday as investors grappled with inflation concerns in the wake of the surprise cuts to the OPEC+ group’s oil output targets, while treasury yields fell after frail U.S. manufacturing data renewed anxiety about the economy. An announcement on Sunday of output target cuts by the Organization of the Petroleum Exporting Countries […]

China Slows Reviews of Mergers Involving U.S Companies - WSJ

Chinese regulators have slowed down their merger reviews of several proposed acquisitions by U.S. companies, the Wall Street Journal reported on Tuesday, a move seen as a response to Washington’s curbs on China’s tech industry. The potential slowdown includes deals such as Intel Corp’s $5.2 billion takeover of Tower Semiconductor Ltd and chipmaker MaxLinear Inc’s […]

Tech Startups: Boosting US DoD Innovation or Fueling Global Tensions? 

The US Department of Defense (DoD) has turned to tech startups to modernize its operations, leading to cutting-edge technologies such as AI, cybersecurity, and unmanned systems. However, concerns have been raised about the implications of such partnerships, particularly in terms of compromising national security and fueling a new arms race with global powers like China […]

IoT and the Smart Agriculture Revolution 

The Internet of Things (IoT) has revolutionized agriculture, enabling smart farming to improve decision-making, increase efficiency, and reduce costs.  ________________________  The Internet of Things (IoT) in agriculture is revolutionary and can accomplish various objectives to change how the industry operates. IoT-based smart agriculture aims to improve decision-making across the board for the field, accelerating the […]

S&P, Nasdaq Futures Fall on Inflation Worries After OPEC+ Output Cut

 Futures tracking the S&P 500 and the Nasdaq fell on Monday as soaring oil prices renewed worries of persistent inflationary pressures, while energy stocks surged at the start of the week. Saudi Arabia and other OPEC+ oil producers announced further oil output cuts of around 1.16 million barrels per day, threatening an immediate rise in […]

China dissatisfied with Japan's chip export restrictions -spokesperson

China was strongly dissatisfied with Japan’s export restrictions on chip manufacturing equipment, Chinese foreign ministry spokesperson Mao Ning said on Monday. China hoped Japan would act on its statements of cooperation with China and take an objective stance, Mao told reporters at a regular briefing. Japan said on Friday it would restrict exports of 23 […]

The Understated Theme of MWC

Mobilise debriefs on the telecoms calendar’s biggest event of the year The general consensus following this year’s Mobile World Congress (MWC) is in-person events are back. Finally returning to post-pandemic numbers of attendees and exhibitors, 2023 saw a fully-fledged MWC. With so much going on it was impossible for visitors to catch sight of everything, […]