

Logitech Misses Quarterly Profit Estimates, Reveals Strategy to Offset US Tariffs
Logitech International reported weaker-than-expected fourth-quarter earnings on Tuesday and unveiled a plan to reduce its exposure to US tariffs under President Donald Trump's trade policy.
6 hours ago2 min read


Tencent, Alibaba Acquire Nvidia Chips from ByteDance Amid Export Curbs
Tencent Holdings and Alibaba Group Holding have purchased Nvidia graphics processing units (GPUs) from ByteDance’s stockpile, as Chinese firms race to secure AI hardware amid tightening US export restrictions.
1 day ago2 min read


TikTok to Launch E-Commerce Platform in Japan Amid Global Expansion
TikTok is preparing to enter Japan’s online shopping market within the next few months, according to a report by the Nikkei newspaper.
2 days ago1 min read


Meta Cuts Jobs at Reality Labs as Part of Restructuring
Meta Platforms is laying off employees from its Reality Labs division, affecting teams within Oculus Studios, the company confirmed Thursday.
5 days ago1 min read


Shanghai Chip Maker Montage Technology Doubles Profit Amid AI Demand Surge
Shanghai-based semiconductor firm Montage Technology reported a 135.14% increase in net profit for the first quarter of 2024, driven by rising global demand for AI-related memory chips.
6 days ago2 min read


Intel Taps TSMC for 2nm Chip Production Ahead of 2026 Launch
Intel has reportedly placed orders with Taiwan Semiconductor Manufacturing Co. for its advanced 2-nanometre process, marking a significant step in its next-generation processor development.
Apr 231 min read


Huawei to Begin Mass Shipments of New AI Chip as China Seeks Nvidia Alternatives
Huawei Technologies is preparing to begin mass shipments of its advanced 910C artificial intelligence chip to Chinese customers as early as next month, according to two people familiar with the matter.
Apr 222 min read


Apple's China Smartphone Shipments Drop 9% in First Quarter
Apple's smartphone shipments in China fell 9% year-on-year in the first quarter, making it the only major manufacturer to report a decline, according to research firm IDC
Apr 211 min read