Microsoft’s Satya Nadella is CEO of the year following his heavy investment in generative AI

What you need to know Microsoft’s Satya Nadella was recently named as the CEO of the year by CNN Business’ writers and editors. The outlet disclosed that the nomination process is highly subjective to the emerging trend of the year. Microsoft’s heavy investment in generative AI placed its CEO at the top of the list, […]

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Huawei is beating America’s chip ban with state investment fund’s help

America’s chip ban on Huawei has left the company unable to source advance chipsets, but it’s working hard to find a way around these sanctions. It has already come up with a custom 7nm 5G-enabled chipset, thereby eliminating concerns that Huawei may no longer be able to make 5G phones after the ban. A state […]

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Apple to Ramp Up Generative AI Research With New Hires and Investment

Apple wants to hire more staff to work on artificial intelligence in the United Kingdom, CEO Tim Cook today said (via BBC News). Cook reaffirmed that Apple is actively researching generative AI technology, and said that he expects Apple’s investment in the UK and AI to increase. He also highlighted how AI is already behind […]

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Bing market share is stagnant despite multi-billion-dollar investment by Microsoft

What you need to know The new Bing’s market share has remained stagnant since its debut.  Statistics show that Bing’s usage sky-rocketed to 101.7 million in February during Bing Chat’s launch. Microsoft has refuted the findings and insists that the chatbot is still a hit, stating that the “third-party” findings are inaccurate and don’t reflect […]

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A brilliant investment earned Samsung a staggering 17x return

Dutch-based ASML is one of the world’s leading suppliers for advanced chip manufacturing equipment. It may not seem that way now, but there was a time when ASML had to ask its customers for funds to continue business operations. Samsung has long purchased chip manufacturing equipment from ASML and it decided to help out the […]

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Samsung Display’s massive investment in OLED is meant for Apple

News broke out earlier today that Samsung is preparing to make a massive multi-billion dollar investment to bolster OLED manufacturing. Why does the company need to do this? Mostly for Apple. A follow-up exclusive report by Korea JoongAng Daily (via Naver) claims that Samsung Display’s $3.1 billion investment in its OLED manufacturing facility in Asan […]

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Samsung Display celebrates $3.1 billion investment with Korean President’s visit

As one of the most lucrative divisions of the conglomerate, Samsung Display is always at the forefront of technological advancements. We saw this firsthand at MWC 2023 where Samsung Display showcased its futuristic foldable display prototypes. Samsung Display continues to make investments to improve its capabilities. It recently inked a $3.1 billion deal with materials, […]

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Activision CEO: The UK will become a tech investment ‘Death Valley’ if it blocks the Microsoft acquisition — why he’s right

In a new interview, Activision CEO Bobby Kotick had some pretty stinging words for the UK regulatory commission, who are widely rumored to be gearing up to block the big Microsoft Activision merger.  Last year, Microsoft announced its intent to purchase Call of Duty maker Activision Blizzard for a megalithic $69 billion dollars. That would […]

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Tim Cook joins US leaders as TSMC announces $40 billion investment to produce chips in Arizona

On Tuesday, Apple CEO joined President Biden and Arizona officials, in a televised event on the site where TSMC is constructing a semiconductor-based manufacturing plant set to open in 2024. As Apple expands its relationship with TSMC, the new factory will begin to produce Apple silicon in the US. Back in 2021, TSMC initially announced […]

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Samsung to increase investment in Vietnam to $20 billion this year

Over the past few years, Vietnam has emerged as Samsung’s key production site. And shortly after South Korea and Vietnam announced their plans to build a “comprehensive strategic partnership” earlier this week, news surfaced on a new multi-billion dollar investment by Samsung. Likewise, LG intends to increase its investment in the country. Even though Samsung […]

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Apple reveals $450m Globalstar investment enabled Emergency SOS via Satellite

A $450 million funding in Globalstar, a US-based satellite service, has enabled Apple’s Emergency SOS via Satellite feature, which is coming to the iPhone 14 lineup later this month. The funding is secured through Apple’s Advanced Manufacturing Fund and will go towards critical enhancements in Globalstar’s satellite network and ground stations. Those stations have been […]

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Samsung could build 11 chip factories in the US with an investment of $200 billion

Samsung recently started working on its $17 billion semiconductor chip plant in Texas. However, the company’s investment plans don’t end there. The South Korean firm reportedly has plans to build as many as 11 chip factories in the state over the next ten years. A new report from Austin American Statesman claims that Samsung could […]

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Samsung expands Texas investment for a long-term semiconductor plan

Samsung wants to extend its chip manufacturing site in Taylor, Texas and has applied to increase the footprint of the investment area by about 14%, according to recent documents dug out of the City of Taylor website (via Naver). As shown in the aerial photo below, Samsung has applied to add more land and expand […]

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Samsung has a $355 billion investment plan for chip supremacy, other emerging tech

Samsung has announced that it will spend around KRW 450 trillion (around $355 billion) on semiconductor and biopharmaceutical segments over the next five years. The company will also invest in next-generation technologies to stay ahead of its competitors. The South Korean tech chaebol has increased its investment by 30% compared to its previous five-year plan of […]

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