Tech

LG Display Reports Q2 Loss Amid Weak Demand for Panels

Weak Demand: LG Display reported a second consecutive quarterly loss due to weak demand for large display panels for TVs and small panels for smartphones . Operating Loss: The Apple supplier posted an operating loss of 94 billion won ($67.8 million) for the April-June quarter .Revenue Increase: Despite the loss, revenue rose 42% to 6.7 […]

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Illicit Chip Flows to Russia Slow, but China and Hong Kong Remain Key Transshipment Hubs

Hong Kong/Washington, July 21 (Reuters) – The flow of restricted semiconductors and other goods from China and Hong Kong to Russia has slowed, but Hong Kong remains a major global hub for sanctions evasion, according to previously undisclosed US Commerce Department data. Transshipments of advanced components, including microelectronics, deemed likely to be used for Russia’s

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AT&T Reports Data Breach, Claims Importance of Cybersecurity

Millions of Customers Affected This week, AT&T warned millions of customers that their data was likely stolen in a breach dating back to April. Amidst far-reaching legislation that is supposed to keep consumers safe from exactly this, AT&T and other telecommunication rivals have worked hard to mold these rules, saying this current approach hasn’t done

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Samsung and Striking Union to Resume Talks on Friday

Seoul, South Korea – Samsung Electronics Co Ltd and its largest workers’ union in South Korea have agreed to resume negotiations on Friday, potentially ending a strike that began last week over pay and benefits. The National Samsung Electronics Union, which represents around 30,000 workers, roughly a quarter of Samsung’s South Korean workforce, has been

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TSMC Quarterly Profit Soars 36%, Beating Expectations

Taiwan Semiconductor Manufacturing Company (TSMC), the world’s largest contract chipmaker, has reported a 36% jump in second-quarter net profit, surpassing market expectations. The company’s net profit for the April-June period climbed to $7.60 billion, up from $5.57 billion a year earlier. TSMC’s revenue also rose 33% year-on-year to $20.8 billion, beating the company’s previous forecast

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Samsung to Launch Galaxy AI in China, Partners with Local Tech Firms

Samsung is set to launch its Galaxy AI in China, with the goal of satisfying Chinese consumers and contributing to the company’s recovery in the market. While details are scarce, Samsung will partner with local tech and internet companies, such as Baidu, to navigate China’s strict regulations and competitive market. Foreign firms face significant challenges

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Samsung Launches Galaxy Ring, Its First Smart Ring

Samsung has bring out its latest wearable device, the Galaxy Ring, at its Galaxy Unpacked event. The smart ring is the company’s first attack into the smart ring market, which is currently dominated by Finnish health tech firm, Oura. The Galaxy Ring uses artificial intelligence (AI) to track various health metrics, including heart rate, sleep,

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State-of-the-Art AI-Based Foldable Phones from Samsung: Tech Innovation, Performance, and Design of the Future

Samsung launched its new foldable phones at the annual Unpacked in Paris, which truly represented quantum digitization in smartphone technology. The Galaxy Z Fold 6 and the Galaxy Z Flip 6 are redesigned to be lighter and slimmer and to have experientially integrated advanced AI capabilities that would court traditional phone users. Key Updates and

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