Business Reporter

IoT

26 Nov 2024

Huawei launches Mate 70 smartphone as new US chip curbs loom

Chinese tech giant Huawei Technologies unveiled its Mate 70 smartphone series on Tuesday, marking a significant step in its premium smartphone comeback while showcasing its own operating system in a clean break away from U.S. technology.

Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say

21 Nov 2024

China’s Huawei plans to start mass-producing its most advanced artificial intelligence chip in the first quarter of 2025, even as it struggles to make enough chips due to U.S. restrictions, said two people familiar with the matter.

Roblox taps former Roku executive Parampath to aid advertising push

19 Nov 2024

Roblox has hired former Roku executive Louqman Parampath to help build out its advertising business, as the video-game platform bets on its lucrative young user base to draw marketing dollars.

Qualcomm chip sales to Chinese smartphone makers fuel strong results

07 Nov 2024

Chip designer Qualcomm on Wednesday forecast sales and profit in the current quarter would exceed Wall Street estimates as the company benefits from a wave of launches of flagship Chinese smartphones.

TI profit beats points to China automotive chip rebound as industrial weakness persists

23 Oct 2024

Texas Instruments beat third-quarter profit estimates on Tuesday, helped by a recovery in orders for its analog chips across segments and improving demand from China’s automotive market, sending its shares up 4% in extended trading.

18 Oct 2024

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

Samsung Electronics has postponed taking deliveries of ASML chipmaking equipment for its upcoming factory in Texas as it has yet to win any major customers for the project, three people familiar with the matter said.

Space startups see funding growth as investors bet on capex-intensive ventures, report says

10 Oct 2024

Space startups raised $1.9 billion in the third quarter, up nearly a fifth from a year earlier, fueled by strong investor interest in rocket launchers and satellite manufacturers, according to a Seraphim Space report on Thursday.

Nio partners with Monolith for real-time AI EV battery testing

01 Oct 2024

Nio is partnering with UK artificial intelligence software startup Monolith to test and improve electric car battery packs in real-time using the Chinese EV maker’s battery swapping service in Europe, the companies said on Tuesday.

Verizon to Acquire Frontier Communications in $20 Billion All-Cash Deal

06 Sep 2024

Verizon announced on Thursday its agreement to acquire Frontier Communications in an all-cash deal valued at $20 billion.

Equinix raises annual adjusted core earnings forecast on strong data center demand

08 Aug 2024

Equinix raised its annual adjusted core earnings forecast on Wednesday, betting on strong demand for its data center operation services amid growing adoption of generative artificial intelligence technology.

02 Aug 2024

Japan's Nissan, Honda to jointly research software, start talks with Mitsubishi

Japanese automakers Nissan Motor and Honda Motor have agreed to conduct joint research into technologies for a next-generation software platform, they said in a joint statement on Thursday.

Germany in deal to cut Huawei's role in 5G wireless network, sources say

11 Jul 2024

The German government and mobile phone carriers have agreed in principle on steps to phase components by Chinese technology companies out of the nation’s 5G wireless network over the next five years, two people familiar with the matter told Reuters on Wednesday.

Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks

IoT

Huawei launches Mate 70 smartphone as new US chip curbs loom

Exclusive-Huawei aims to mass-produce newest AI chip in early 2025, despite US curbs, sources say

Roblox taps former Roku executive Parampath to aid advertising push

Qualcomm chip sales to Chinese smartphone makers fuel strong results

TI profit beats points to China automotive chip rebound as industrial weakness persists

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

Space startups see funding growth as investors bet on capex-intensive ventures, report says

Nio partners with Monolith for real-time AI EV battery testing

Verizon to Acquire Frontier Communications in $20 Billion All-Cash Deal

Equinix raises annual adjusted core earnings forecast on strong data center demand

Japan's Nissan, Honda to jointly research software, start talks with Mitsubishi

Germany in deal to cut Huawei's role in 5G wireless network, sources say

Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks

Amazon to invest $1.3 billion in France, create 3,000 jobs

SupplyChainTalk: Optimising for what matters - supply chain metrics that drive business value

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Delay to Nvidia's new AI chip could affect Microsoft, Google, Meta, the Information says

Samsung flags better-than-expected profit rise as AI boom lifts chip prices

Exclusive-Apollo, Kyndryl in bid for DXC Technology, sources say

Revolut joins Europe's biggest banks with $45 billion valuation after share sale

Tempus AI shares jump 8% in strong Nasdaq debut as US IPO market thaws

Siemens can make more acquisitions after Altair deal, exec tells paper

Verizon to Acquire Frontier Communications in $20 Billion All-Cash Deal

SymphonyAI targets second half 2025 IPO with $500 million in revenue run rate

Volkswagen investment chief steps down from Northvolt board

Exclusive-Samsung delays taking deliveries of ASML chip gear for its new US factory, sources say

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