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Tuesday 25 March 2025
OpenAI expands leadership roles amid strategic shift
OpenAI has announced leadership changes as the company scales its operations, with three senior executives assuming expanded responsibilities. CEO Sam Altman stated that the adjustments...
Tuesday 25 March 2025
Samsung Electronics co-CEO Jong-Hee Han dies at 63
Samsung Electronics Co. announced on March 24 that its co-CEO, Jong-Hee Han, had died from cardiac arrest at the age of 63. Han shared leadership duties with co-CEO Young-hyun Jun,...
Friday 21 March 2025
Micron to pass on tariff costs to US customers
Micron's strong second-quarter earnings, driven by surging data center and HBM demand, signal a memory market recovery. Exceeding revenue estimates and forecasting continued growth,...
Wednesday 5 March 2025
China reignites tech sector to drive economic growth and counter US sanctions
Facing economic headwinds and escalating trade tensions, China is refocusing on its tech sector, with President Xi Jinping recently convening a rare symposium with high-tech entrepreneurs...
Monday 3 March 2025
Philippines-based Ayala retains Integrated Micro-Electronics amid profitability outlook
According to Bloomberg, Philippines-based Ayala Corp. decided to retain Integrated Micro-Electronics Inc. (IMI), its contract manufacturing subsidiary, after previously considering...
Thursday 27 February 2025
Apple reaches pact with Indonesia to end iPhone sales ban
Apple has signed an agreement with Indonesia to invest in the country, paving the way for sales of the iPhone 16 to resume in Southeast Asia's largest nation.
Wednesday 26 February 2025
STMicroelectronics CEO faces replacement: What happened?
STMicroelectronics (STMicro), a Franco-Italian chipmaking joint venture, is navigating significant pressures due to a downturn in key markets and internal performance concerns.
Wednesday 26 February 2025
Auto market remains sluggish as Onsemi cuts 9% of workforce
Onsemi has announced a significant restructuring plan in response to the ongoing challenges in the automotive chip market. On February 25, 2025, the company revealed its intention...
Wednesday 26 February 2025
Super Micro's late filing: sales miss, Nasdaq cleared
In a delayed filing, Super Micro Computer announced net sales of US$5.68 billion, which did not meet the anticipated targets. The company successfully met Nasdaq's compliance requirements,...
Thursday 20 February 2025
Murata prepares for future expansion with test production in India
Japanese iPhone component maker Murata Manufacturing (Murata) has begun test production in India to address growing domestic demand, with plans to gradually expand its manufacturing...
Tuesday 18 February 2025
Tesla hires in India, signaling entry plans after Modi's US trip
Tesla is hiring in India, a sure sign it plans to enter the market shortly after CEO Elon Musk met Prime Minister Narendra Modi in the US.
Wednesday 12 February 2025
Supermicro lowers 2025 forecast on Nvidia delays, targets US$40 billion revenue by 2026
Super Micro Computer (Supermicro) has lowered its 2025 projections due to delays in Nvidia's Blackwell GPU shipments. However, the company still expects to reach US$40 billion in...
Wednesday 12 February 2025
OpenAI's Altman says Musk 'probably just trying to slow us down'
OpenAI Chief Executive Officer Sam Altman rebuffed Elon Musk's US$97.4 billion offer to take control of the artificial-intelligence startup for the second time in less than a day,...
Tuesday 11 February 2025
Amkor forecasts weak 1Q25 on smartphone, auto slowdown amid Vietnam expansion plans
Amkor Technology reported lower-than-expected sales for the fourth quarter of 2024 and projects weaker first-quarter 2025 results, with analysts attributing the downturn to softening...
Friday 7 February 2025
Amazon provides cautious outlook despite strong growth
In its latest earnings report, Amazon revealed that its cloud division delivered a robust performance over the past quarter, even amidst macroeconomic uncertainties. Despite this...