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Samsung Electronics Co Ltd

China is years behind U.S. chips, Secretary Raimondo tells 60 Minutes

by Edgar Davis
China is years behind U.S. chips, Secretary Raimondo tells 60 Minutes

WASHINGTON, DC – JULY 25: U.S. Secretary of Commerce Gina Raimondo listens as U.S. President Joe Biden participates virtually in a meeting on the Creating Helpful Incentives to Produce Semiconductors …

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Commerce will spend all CHIPS Act money this year

by Vera Ward
Commerce will spend all CHIPS Act money this year

TAYLOR, Texas — The Commerce Department is on track to dole out all of the $39 billion in grant money allocated under the CHIPS Act by year-end, Commerce Secretary Gina …

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U.S. to award Samsung up to $6.6 billion chip subsidy for Texas expansion: Reuters

by Walter Watson
U.S. to award Samsung up to .6 billion chip subsidy for Texas expansion: Reuters

The Biden administration plans to announce it is awarding more than $6 billion to South Korea’s Samsung next week to expand its chip output in Taylor, Texas, as it seeks …

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SK Hynix plans to invest $3.87 billion in U.S. chip facility

by Walter Watson
SK Hynix plans to invest .87 billion in U.S. chip facility

SK Hynix logo displayed on a phone screen as seen in this illustration photo taken in Krakow, Poland on January 30, 2023. Jakub Porzycki | Nurphoto | Getty Images SK …

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British telco giant BT expects to launch 5G standalone this year

by Ron Morgan
British telco giant BT expects to launch 5G standalone this year

An EE mobile phone store, operated by BT Group, in Reading, U.K. in 2020. Jason Alden | Bloomberg | Getty Images BARCELONA, Spain — British telecommunications giant BT says it …

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Smartphone makers Samsung, Google dream of an AI-driven supercycle   

by Walter Watson
Smartphone makers Samsung, Google dream of an AI-driven supercycle   

Samsung Electronics’ flagship smartphones Galaxy S24 series are displayed during their unveiling ceremony in Seoul, South Korea, January 15, 2024.  Kim Hong-ji | Reuters BARCELONA – Smartphone makers are talking …

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Want a NVDA alternative? 6 chip suppliers look set to benefit from AI boom

by Walter Watson
Want a NVDA alternative? 6 chip suppliers look set to benefit from AI boom

A number of stocks that supply Nvidia look set to gain from the AI boom, as the U.S. chip giant published another bumper quarter of earnings. Nvidia, which makes chips …

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Samsung chief Lee cleared of charges in 2015 merger case

by Walter Watson
Samsung chief Lee cleared of charges in 2015 merger case

Samsung Electronics Co. Executive Chairman Lee Jae-yong leaves after attending a final decision at the Seoul Central District Court on Feb. 05, 2024 in Seoul, South Korea. Seoul Central District …

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AI lobbying spikes 185% as calls for regulation surge

by Edgar Davis
AI lobbying spikes 185% as calls for regulation surge

Artificial intelligence-related lobbying reached new heights in 2023, with more than 450 organizations participating. It marks a 185% increase from the year before, when just 158 organizations did so, according …

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Apple’s biggest issues in China right now after sales plunged

by Walter Watson
Apple’s biggest issues in China right now after sales plunged

Apple CEO Tim Cook listens during a program at the Asia-Pacific Economic Cooperation (APEC) Leaders’ Week at Apple Park in San Francisco, Nov. 17, 2023. Andrew Caballero-Reynolds | AFP | …

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