Amid the semiconductor industry’s slowdown and increasing geopolitical tensions, Dutch chip machine-maker ASML reported a decrease both in sales and profits. Europe’s most valuable tech company saw orders fall to €3.6bn in the first quarter of 2024, down from €9.2bn in the previous quarter. Its net profit also dropped to €1.2bn — a 37% decrease compared to Q4 2023. “We see 2024 as a transition,” ASML's President and CEO Peter Wennink said in a statement. Wennink expects a stronger...
/PRNewswire/ -- Higher credit costs are expected to serve as a modest headwind to U.S. bank earnings this year, according to S&P Global Market Intelligence's
In addition to paying a penalty, the company will be required to submit annual compliance reports, the FTC said.
Vodafone and friends pile pressure on the ECEuropean single market report presses for new ownership and spectrum rulesChinese vendor launches new high-end smar
Samsung lands $6.4bn in US Chips and Science Act fundingChina’s telcos are ordered to remove foreign chips EdgeConneX adds $1.9bn to its green funding
This story first appeared in China Report, MIT Technology Review’s newsletter about technology in China. Sign up to receive it in your inbox every Tuesday. I don’t know about you, but I only learned last week that there’s something connecting MSG and computer chips. Inside most laptop and data center chips today, there’s a tiny component called…
Exploring Starlink’s prospects of entering the Indian satcom market in light of the recent notification of 100% FDI policy for the space sector.
China has forced Apple to ban WhatsApp, Threads, Signal, and Telegram in the country's App Store.
U.S. Secretary of State Antony Blinken met Friday with Chinese President Xi Jinping and senior Chinese officials, stressing the importance of “responsibly managing” the differences between the United States and China as the two sides butted heads over a number of contentious bilateral, regional and global issues. Talks between the two sides have increased in […]
Flat turf horse racing is well and truly back with the return of action at Newmarket from Tuesday to Thursday. talkSPORT BET ambassador and jockey Neil Callan has a few rides at racing’s HQ f
Visa's CIO Don Hobson shares his vision for how generative AI will revolutionize the global payments landscape, from enhanced fraud detection to greater financial inclusion.
China's first multi-functional scientific research and archaeological vessel for deep-sea exploration and cultural relics officially docked in Nansha District of Guangzhou City, south China's Guangdong Province on Saturday.