All posts | biz360

Jul 16, 20241 min read

Global Smartphone Market Grows 6.5% in Q2, Led by Samsung and Apple

Global smartphone shipments grew by 6.5% in Q2, driven by Samsung and Apple. Smartphone makers are focusing on AI to attract consumers and

Jul 16, 20243 min read

Trump's VP Pick Backs Big Tech Antitrust Crackdown

J.D. Vance, Trump's VP pick, supports FTC Chair Lina Khan's approach to antitrust enforcement. Vance is part of a group of Republican

Jul 15, 20242 min read

VinFast Delays US Electric Car Plant as Global EV Market Slows

VinFast delays the opening of its US$4 billion factory in North Carolina to 2028 due to uncertainties in the global EV market.

Jul 13, 20242 min read

Intel on Track for £1 Billion in Cumulative Software Sales by End of 2027

Intel expects to achieve £1 billion in cumulative software sales by the end of 2027.

Jul 12, 20241 min read

China Pioneers World's First 6G Field Test Network

China establishes world's first field test network for 6G communication. Tenfold improvement in key communication metrics achieved

Jul 12, 20242 min read

Global PC Shipments Rise in Q2, Apple Leads the Way with Impressive Growth

Global PC shipments increased by 3% in the second quarter, driven by the demand for AI-capable devices. Apple experienced the largest growth

Jul 11, 20242 min read

TSMC's Q2 Revenue Surges on AI Boost, Exceeds Market Expectations

TSMC's Q2 revenue of T$673.51 billion (US$20.67 billion) exceeded market expectations. The company's growth is attributed to the booming

Jul 11, 20242 min read

AMD to Acquire Finnish Startup Silo AI for US$665 Million to Step Up in AI Race

AMD to acquire Finnish startup Silo AI for US$665 million in cash. The acquisition aims to enhance AMD's AI chip capabilities and compete

Jul 11, 20242 min read

Germany to Reduce Huawei's Role in 5G Wireless Network

Germany and mobile carriers have agreed to reduce Huawei's role in the 5G network over the next five years. The initial phase will involve

Jul 10, 20242 min read

China's Electric Vehicle Giant BYD Signs $1 Billion Deal for Turkey Plant

BYD, China's leading electric car manufacturer, has signed a US$1 billion deal to establish a manufacturing plant in Turkey.

Jul 10, 20241 min read

Sri Lanka Opens Doors for Starlink, Allowing Elon Musk's Satellite Unit to Enter Telecoms Market

Sri Lanka's parliament approves amendments to allow Starlink's entry into telecoms market. Three new types of licenses introduced

Jul 9, 20243 min read

Qualcomm and Microsoft Harness AI Hype to Drive PC Market Revival

Tech giants Qualcomm and Microsoft are promoting AI PCs with built-in artificial intelligence capabilities. Only 3% of PCs shipped this year

Jul 9, 20241 min read

Geely-affiliated EV Maker Polestar Reportedly Cuts 30% of China Staff

Polestar, associated with Geely, is reportedly laying off 30% of its China staff. The company has suspended production at its Chengdu

Jul 8, 20241 min read

Battery Maker SK On Declares 'Emergency' as EV Sales Disappoint

SK On, a South Korean EV battery producer, declares an "emergency" as its customers face disappointing EV sales in Europe and the U.S. Chief

Jul 4, 20243 min read

Chinese Companies Look to Morocco to Capitalise on US Electric Vehicle Subsidies

Chinese manufacturers are investing in Morocco to benefit from US electric vehicle subsidies.

Jul 4, 20242 min read

EU Proposes Import Duty on Chinese Retailers Temu and Shein

EU plans to impose customs duties on Chinese online retailers, including Temu, Shein, and AliExpress. The current 150 euros threshold

Jul 4, 20243 min read

Inner Mongolia Accelerates Green Computing Industry Development

Inner Mongolia aims to become a key computing power hub by leveraging its environmental advantages and natural resources.

Jul 3, 20242 min read

China Aims for 50 AI Standards by 2026, Covering Chips, Applications, and Safety

China plans to establish at least 50 AI standards by 2026, covering areas such as LLM training, safety, governance,

Jul 3, 20242 min read

Biden Revokes 8 Licenses for China's Huawei in 2024, Document Reveals

The Biden administration has revoked eight licenses for Huawei in 2024. Licenses for companies like Qualcomm and Intel were among those

Jul 3, 20242 min read

China on Track to Achieve 2030 Renewable Energy Target Ahead of Schedule

China is projected to exceed its 2030 renewable energy targets six years ahead of schedule. The country will add 70GW of wind power capacity

Jul 2, 20242 min read

Samsung Electronics Union in South Korea Announces General Strike

The National Samsung Electronics Union (NSEU) has declared a general strike, demanding better pay and improved time off.

Jul 2, 20242 min read

Meta's Pay or Consent Model Under Scrutiny for Violating EU Tech Rules

Meta Platforms charged by EU antitrust regulators for breaching tech rules. Binary choice of pay or consent advertising model under scrutiny

Jul 1, 20242 min read

SK Hynix to Invest US$75 Billion by 2028 in AI and Memory Chips as Part of SK Group’s Major Overhaul

SK Hynix, the world's second-largest memory chip maker, plans to invest US$75 billion by 2028 to enhance its chips business

Jun 30, 20243 min read

The Rise of 'AI Washing' and Its Implications

'AI washing' refers to companies making exaggerated claims about their use of AI. Amazon's 'Just Walk Out' technology highlighted the issue