

Intel CEO’s China Investments Raise Concerns Over Military Ties
Intel CEO Lip-Bu Tan has invested in hundreds of Chinese tech companies, including at least eight with links to the People’s Liberation Army, according to a review of Chinese and U.S. corporate filings.
12 minutes ago2 min read


Foxconn Targets Japan for Electric Vehicle Expansion, Eyes Partnerships with Automakers
Foxconn is looking to Japan as a key market for expanding its electric vehicle (EV) business and is seeking partnerships with Japanese
1 day ago2 min read


Microsoft Slows AI Data Centre Expansion, Pauses USD 1 Billion Ohio Project
Microsoft is slowing or pausing several artificial intelligence data centre projects, including a USD 1 billion development in Ohio,
1 day ago2 min read


Broadcom Unveils USD 10 Billion Share Buyback Plan Amid AI Growth Confidence
Broadcom announced a new share buyback programme worth up to USD 10 billion, set to run through the end of 2024, boosting its shares nearly
1 day ago1 min read


Tariff Fears Slam Tech Giants as Apple Nears One-Year Low
The "Magnificent Seven" tech stocks plunged on Monday, erasing about USD 2 trillion in combined market value amid escalating concerns over
3 days ago2 min read


Samsung Forecasts 21% Drop in Q1 Profit Amid Weak AI Chip Sales and Foundry Losses
Samsung Electronics is expected to report a 21% decline in first-quarter operating profit, impacted by sluggish artificial intelligence chip
4 days ago2 min read


US Tech and Retail Stocks Plunge After Trump’s Tariff Announcement
U.S. technology and retail stocks led a global market sell-off after President Donald Trump announced sweeping new tariffs, sparking fears
Apr 43 min read


Beijing’s Solar Panel Oversupply Crackdown Unlikely to Lift Global Prices, Says US Firm
Global solar panel prices are expected to remain low through 2025, as Beijing’s recent efforts to curb oversupply in the photovoltaic (PV)
Apr 32 min read

Huawei Profit Falls 28% in 2024 Despite Fastest Revenue Growth in Five Years
Huawei Technologies reported a 28% drop in net profit for 2024, even as its revenue grew at the fastest pace in five years.
Apr 12 min read

Intel Board Shakeup Continues as Three Directors Step Down Amid Turnaround
Three Intel board members will retire at the company’s 2025 annual meeting, the chipmaker announced in a regulatory filing on Thursday,
Mar 292 min read


Foxconn to Host EV Strategy Seminar in Japan Following Mitsubishi Deal
Foxconn will hold a seminar in Japan on April 9 to present its electric vehicle strategy, according to two sources with direct knowledge of
Mar 281 min read

OpenAI Projects Positive Cash Flow by 2029 Amid Rising AI Costs
OpenAI does not expect to achieve positive cash flow until 2029, Bloomberg News reported, citing a source familiar with the matter.
Mar 271 min read


BYD Surpasses Tesla Again as Annual Sales Exceed USD 100 Billion
BYD has once again outpaced Tesla in global electric vehicle (EV) sales, reporting a record-breaking annual revenue of 777 billion yuan...
Mar 262 min read


India Demands USD 601 Million in Back Taxes From Samsung Over Telecom Imports
India has ordered Samsung and its executives to pay USD 601 million in back taxes and penalties for allegedly evading tariffs
Mar 263 min read


DBS' Incoming CEO Tan Su Shan Open to Strategic Acquisitions
DBS Group's incoming CEO, Tan Su Shan, is open to "bolt-on" acquisitions while prioritising high-return businesses such as wealth and transa
Mar 252 min read

Xiaomi Raises USD 5.5 Billion in Share Sale to Boost EV Expansion
Xiaomi Corp has raised USD 5.5 billion in an upsized share sale as it accelerates its electric vehicle (EV) manufacturing plans.
Mar 252 min read


Apple Losing Over $1 Billion Annually on Streaming Service
Apple is losing more than $1 billion a year on its streaming service, Apple TV+, according to a report by the Information.
Mar 212 min read


Foxconn Expects Server Revenue to Surpass iPhone Sales Within Two Years
Foxconn, the world's largest contract electronics manufacturer and Apple's primary iPhone producer, expects its server revenue to exceed its
Mar 201 min read


China Unicom Increases AI Computing Investment by 28% in 2025
China Unicom is increasing its capital expenditure on computing power by 28% in 2025 as artificial intelligence (AI) adoption surges across
Mar 192 min read


Intel’s New CEO Plans Major Overhaul of Manufacturing and AI Operations
Intel’s incoming CEO, Lip-Bu Tan, is considering significant changes to the company’s chip manufacturing and artificial intelligence strateg
Mar 183 min read