Category: Technology
Foxconn Q3 Profit Rises 17% on Surging AI Server Demand
Key Highlights Introduction Taiwan’s Foxconn Technology Group (2317.TW), the world’s largest electronics contract manufacturer, reported a 17% increase in third-quarter profit, surpassing analyst expectations.The company, best known for assembling Apple’s iPhone and producing servers for Nvidia, credited the gain to robust demand for artificial intelligence (AI) hardware and resilient global consumer electronics sales. Net profit
Why Japan Might Surprise the World in 2024
For years, Japan has been labeled a nation in decline. Yet economic strategist Ryoji Musha believes the world underestimates Japan’s potential. In an exclusive interview, he outlines why demographics are not destiny, how AI could reshape labor, and why the Nikkei may one day surpass 100,000 points.
Nvidia CEO Jensen Huang to Attend APEC CEO Summit in South Korea: Focus on AI and Global Tech Partnerships
Jensen Huang, CEO of Nvidia, will attend the Asia-Pacific Economic Cooperation (APEC) CEO Summit in South Korea this October. He is expected to meet global leaders and top Korean executives to strengthen partnerships in AI and semiconductor innovation, underscoring Nvidia’s growing influence in the global tech landscape.
Google and Apple Dodge an Antitrust Bullet: Key Insights
In a landmark decision, Judge Amit Mehta ruled against breaking up Google, citing the transformative influence of artificial intelligence. The ruling highlights how generative AI, once seen as a threat to Google’s dominance, has ironically become its legal shield.
China Industrial Robot Stock Exceeds 2 Million in 2024
China set a new record with 295,000 annual installations in 2024, making it the world’s largest market for robotics.
How President Trump reignites trade tensions with tariffs
President Trump is weighing tariffs on foreign electronics based on their semiconductor content while pressing Taiwan to shift half of its U.S. chip supply to domestic plants. The move could reshape global tech supply chains, drive up consumer prices, and test U.S.–Taiwan relations.
Exciting news: Volkswagen unveils compact electric SUV
Volkswagen has unveiled the ID.CROSS, a compact electric SUV concept set to launch in 2026.
Nvidia Posts Solid Growth Despite China Outlook: Q2 Review
Key Highlights Introduction NVIDIA delivered a blockbuster Q2, powered by unrelenting AI demand that set new records across revenue and profitability. The backdrop, however, is complicated: export controls and policy uncertainty around China are shaping guidance and investor reaction—even as Blackwell shipments ramp and hyperscaler spending remains intense. Nvidia’s Q2 Financial Highlights and Performance Overview
NVIDIA to Contribute 15% of China Sales to U.S. Government
In a landmark move amid easing US-China trade tensions, semiconductor giants Nvidia and AMD have reportedly agreed to pay 15% of their China-based chip sales revenue to the US government. This unprecedented arrangement aims to secure export licences for their advanced AI chips, reopening access to the world’s second-largest economy.
BP Celebrates Major Oil Discovery Off Brazil’s Coast
BP has unearthed its largest oil and gas discovery in 25 years off the coast of Brazil, within the Santos Basin. The breakthrough occurred in the Bumerangue block, revealing significant reserves of crude oil, natural gas, and condensate.