ITBEAR

Samsung and Micron’s Strategy: A 15-20% Hike in DRAM Prices Expected in Q1 2024

January 03, 2024 – Global storage giants continue to reduce production, driven by various factors such as the rise of artificial intelligence and high-performance computing applications, as well as inventory replenishment in the smartphone market. These factors have led to a sustained increase in storage product prices. According to reports from Jibang Consulting, there are…

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Samsung Semiconductor Sets Ambitious Operating Profit Target for 2024

January 02, 2024 – According to reports from South Korean media outlet Hankyung, Samsung Semiconductor (DS) division has set ambitious business targets for the year. The department aims to achieve an operating profit goal of 115 trillion Korean Won (approximately 63.02 billion Chinese Yuan), signaling an impressive leap. Financial analysts also estimate Samsung Electronics’ total…

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Regulatory Storm: Apple Faces Legal Challenges in 2024

January 02, 2024 – In the coming months, regulatory authorities in the United States and the European Union are gearing up to implement a series of decisions that could lead to legal ramifications for Apple in 2024, impacting its service business with an annual revenue of $85 billion. Antitrust Investigation against Google Reports reveal that…

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Toyota Achieves Record-Breaking Global Production in November 2023

December 28, 2023 – Toyota Motor Corporation has recently unveiled its global automotive production figures for the month of November. Reportedly, Toyota achieved a historic milestone in November by producing a record-breaking 926,600 vehicles worldwide in a single month. This achievement marks an all-time high in Toyota’s monthly production history. From January to November this…

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