Apple to Set Hiring Freeze
Tech giant Apple will slow hiring and spending growth in 2023 amid predictions of an economic downturn in the coming quarters. Apple said that the decision to slow down its … Read more
Consumer Electronics
Samsung Australia To Pay A$14M Over False Water-Resistance Claims
Australian Federal Court ordered Samsung Australia to pay A$14 million ($9.65 million) over its misleading claims that some of its Galaxy phones are water-resistant. According to the Australian Competition and … Read more
Apple to Move Some IPad Production Capacity From China to Vietnam
Apple is transferring some of its iPad production from China to Vietnam after supply chain interruptions caused by coronavirus lockdowns contributed to product and part shortages. In a report by … Read more
Samsung Reportedly in Talks for 20% Hike on Chipmaking Prices
Samsung is reportedly in talks with clients on plans to hike prices for chip manufacturing by up to 20% this year. Contract-based chip prices are expected to rise around 15% … Read more
Intel Launches New AI Chips to Challenge Nvidia
Intel on Tuesday launched a new chip for artificial intelligence computing as part of a bigger push into the AI chip market currently dominated by Nvidia. Intel introduced the second-generation … Read more
EU Panel Backs Common Charger Law
A law that aims to require a common charging point for mobile phones in Europe took a step toward an assembly vote after a European Union panel backed the proposal. … Read more
Nokia Announces Russia Pullout
Nokia said on Tuesday that the company is pulling out of the Russian market amid sanctions from the European Union imposed on Russia over its recent attacks in Ukraine. The … Read more
Apple to Launch Hardware Subscription Service for iPhones
Apple Inc. will launch a hardware subscription service for the iPhone and other hardware products, a move that will make device ownership similar to paying a monthly app fee. Bloomberg … Read more
Intel to Invest Nearly $90B on Europe’s Semiconductor Industry
Intel plans to invest up to €80 billion ($89 billion) over the next decade into supporting Europe’s chipmaking industry, as part of a wider push to make the region self-reliant … Read more
Intel to Buy Israel’s Tower Semiconductor for $5.4B
Intel announced that it will acquire Israeli chipmaker Tower Semiconductor as it pushes for more specialized production amid soaring global demand for semiconductors. Intel said in a statement on Tuesday … Read more