Technology

China tech shares sink as U.S. export curbs raise chip sector hurdles

Shares in Chinese tech giants Alibaba Group (9988.HK) and Tencent (0700.HK) as well as in chipmakers slumped on Monday, as investors were spooked by…

3 years ago

Exclusive: Samsung, SK Hynix to be spared brunt of China chip crackdown by U.S.

The Biden administration plans to spare SK Hynix and Samsung from the brunt of new restrictions on memory chipmakers in China aimed…

3 years ago

Samsung quarterly profit set to slump 25%, first decline in nearly three years

Samsung Electronics Co Ltd's (005930.KS) third-quarter profit could tumble 25%, the first year-on-year decline in nearly three years, as an economic downturn…

3 years ago

On news that the business is abandoning ambitions to increase new iPhone production, Apple shares decline!

Apple shares dipped roughly 3% on Wednesday after it was reported that the company has informed suppliers to cancel plans…

3 years ago

Digital Transformation- A Dynamic and Complex Path To Business Success!

Nitesh Singh believes that digital transformation is an exciting field to be in as more and more companies are building…

3 years ago

Ericsson says no hardware exported to Russia, only software support

Ericsson (ERICb.ST) said on Friday it is only providing software and technical support to Russian clients and has not sold any telecommunications…

3 years ago

Chipmaker Qualcomm says automotive future business expands to $30 bln

U.S. chip designer Qualcomm Inc (QCOM.O) on Thursday said its automotive business "pipeline" increased to $30 billion, up more than $10 billion…

3 years ago

Apple to raise App Store prices in some countries in Europe, Asia

Apple Inc (AAPL.O) said on Tuesday it will raise prices of apps and in-app purchases on its App Store from next month…

3 years ago

Russia’s Positive Technologies launches secondary share offer

Cybersecurity firm Positive Technologies is launching a secondary public offering (SPO) of up to 2.6 million common shares, it said…

3 years ago

Exclusive: Biden to hit China with broader curbs on U.S. chip and tool exports

The Biden administration plans next month to broaden curbs on U.S shipments to China of semiconductors used for artificial intelligence…

3 years ago