Nissan Posts First Quarterly Operating Loss in Over Four Years Amid U.S. Tariffs, Slumping Sales
July 30, 2025 – On Wednesday, Nissan Motor Co. revealed its first quarterly operating loss in over four years, as the struggling Japanese automaker grapples with the dual pressures of U.S. import tariffs and declining sales. The company reported a 79.1 billion yen ($540 million) operating loss for the April-June period, a figure significantly narrower…
TSMC Chairman Declares: ‘We Are the World’s TSMC’
September 12, 2024 – In a recent internal letter to employees, TSMC Chairman Mark Liu emphasized that the company has evolved beyond being just “Taiwan’s TSMC” to being recognized globally. Liu urged the over 70,000 TSMC employees worldwide to communicate effectively with respect and inclusivity, encouraging them to “speak the truth” within the organization. In…
OpenAI Aims for $7 Trillion Chip Empire, Partners with Broadcom on New AI Chip Development
July 19, 2024 – According to a report by The Information today, OpenAI has been in contact with multiple chip designers, including Broadcom, to jointly explore the development of a new AI chip. The company’s venture into chip manufacturing aims to not only efficiently integrate hardware and software, aspiring to become the “Apple of AI,”…
Apple’s AI Brain Drain Continues: Fourth Expert Defects to Meta in a Month
July 30, 2025 – According to a report by Bloomberg’s Mark Gurman today, Apple Inc. has suffered another setback in its AI strategy as Meta has poached four artificial intelligence experts from the iPhone maker within a month. Insiders revealed that Bowen Zhang, a key researcher in the field of multimodal AI at Apple, left…
Samsung and Google Team Up to Disrupt Audio Industry with Eclipsa Audio, Challenging Dolby Atmos Dominance
January 4, 2025 – Samsung Electronics has unveiled plans to equip its 2025 range of new televisions and soundbars with an innovative 3D audio technology called Eclipsa Audio. This technology, developed in collaboration with Google, will be featured across the brand’s Crystal UHD and Neo QLED 8K TV series. Moreover, Samsung has announced a partnership…
Nissan Warns of Widening Losses Amid Restructuring Costs and Trade Barriers
July 31, 2025 – Nissan Motor Co. is bracing for continued financial headwinds, citing high restructuring costs and uncertainty surrounding U.S. tariff policies as key drivers of projected losses. The automaker warned that its operating deficit for the April-September period could hit ¥180 billion ($1.2 billion), while declining to issue a full-year forecast for the…
TikTok Divestiture Deadline Potentially Extended to 2025
April 11, 2024 – According to multiple media reports on April 10th local time, the chairman of the US Senate Commerce Committee revealed that senators are discussing an extension of the deadline for ByteDance to divest TikTok (the international version of Douyin) to one year. Previously, on March 13th, the US House of Representatives voted…
Apple’s AI Hobbled by 2023 Budget Cuts, Executive Clash
April 12, 2025 – A recent blog post by The New York Times has shed light on Apple’s perceived sluggishness in artificial intelligence (AI) development, attributing part of the delay to Chief Financial Officer Luca Maestri’s cost-cutting measures in 2023. According to the report, Apple engineers proposed doubling their budget for GPU acquisitions to accelerate…
LG Partners with Tenstorrent to Drive Innovation in AI and RISC-V Technology
May 31, 2023 – In a recent development reported by Reuters, LG has announced a partnership with Canadian startup Tenstorrent to collaborate on the development of AI technology and RISC-V architecture for smart TVs, automobiles, and data centers. David Bennett, the General Manager of Tenstorrent, expressed that LG will initially utilize Tenstorrent’s AI chip design…
Samsung, OpenAI, and SoftBank Leaders Convene in Seoul to Explore AI Collaborations
February 5, 2025 – According to reports, Lee Jae-yong, Vice Chairman of Samsung Electronics, Sam Altman, CEO of OpenAI, and Masayoshi Son, CEO of SoftBank, held a tripartite meeting in Seoul, South Korea on Tuesday to explore potential collaboration opportunities in the field of artificial intelligence. Insights from informed sources reveal that Altman had initially…