Samsung is the world’s biggest maker of memory chips. Jakub Porzycki | Nurphoto | Getty Images Samsung Electronics named a new head for its semiconductor business on Tuesday, as the firm strives to lead the AI chip race. Young Hyun Jun will replace Kyehyun Kyung, who will now head the future business division, which focuses …
SK Hynix Inc. signage at the company’s office in Seongnam, South Korea, on Monday, April 22, 2024. SK Hynix is scheduled to release earnings figures on April 25. Photographer: SeongJoon Cho/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korean memory chipmaker SK Hynix on Thursday reported a net profit of 1.92 trillion …
Net revenue: 592.64 billion New Taiwan dollars ($18.87 billion), vs. NT$582.94 billion expected Net income: NT$225.49 billion, vs. NT$213.59 billion expected TSMC reported net revenue rose 16.5% from a year ago to NT$592.64 billion, while net income increased 8.9% from a year ago to NT$225.49 billion. The firm guided first-quarter revenue to be between $18 billion and $18.8 …
The logo of technology company Nvidia is seen at its headquarters in Santa Clara, California, on Feb. 11, 2015. Robert Galbraith | Reuters Nvidia is planning to build a $200 million artificial intelligence center in Indonesia in partnership with local telco giant Indosat Ooredoo Hutchison, as the U.S. tech darling continues its push into Southeast …
High-rise buildings sprawl out across the Taiwanese capital Taipei. Ratima Sritangwong | EyeEm | Getty Images The Taiwan Weighted Index hit an intraday high of 20,296 before paring gains, according to data from Factset. It could go up to 24,000 before the year ends, according to Paul You, chairman of First Securities Investment Corporation. The …
TSMC displayed on a phone screen and microchip and are seen in this illustration photo taken in Krakow, Poland on July 19, 2023 Jakub Porzycki | Nurphoto | Getty Images Morgan Stanley increased the price target on the U.S. chip giant to $750 from $603 on Feb. 7 and said it continues “to see a …
American multinational technology company Google logo seen at Googleplex, the corporate headquarters complex of Google and its parent company Alphabet Inc. Alex Tai | SOPA Images | LightRocket | Getty Images SINGAPORE — Singapore has “very high” potential as a global AI hub — thanks in part to an environment that fosters innovation, a Google …
Samsung Electronics Co. Galaxy S24 smartphones during a media preview event in Seoul, South Korea, on Monday, Jan. 15, 2024. Samsung, the world’s most prolific smartphone maker, is leaning into artificial intelligence as the key to unlocking greater sales this year. Photographer: SeongJoon Cho/Bloomberg via Getty Images SeongJoon Cho | Bloomberg | Getty Images Baidu …
A Motorola Razr Flip Smartphone kept at dispay at the launch event of the new Motorola Flip Smartphones, Motorola Razr 40 and Motorola Razr 40 Ultra, in New Delhi, India. Kabir Jhangiani | Nurphoto | Getty Images DAVOS, Switzerland — Motorola will likely be the third-biggest smartphone player in the world in three years, according …
Alfieri | Digitalvision Vectors | Getty Images As around half of the world’s adult population heads to the polls in a bumper year of elections, concern over the role of artificial intelligence in disrupting outcomes has topped the list of the biggest risks for 2024, according to a new report. The World Economic Forum’s “Global …