Nokia Faces 28 Million Euro Loss as HMD Global Struggles with Financial Performance

June 03, 2024 – Nokia has recently unveiled its 2023 financial results, highlighting a significant revenue stream generated by its technology division, which oversees the company’s patent portfolio. Despite a slight dip in figures, the division managed to secure approximately 1.3 billion euros (currently equivalent to approximately 10.231 billion yuan) in annual net sales through…

Read More

Apple Dominates Chinese Software Market But Found Not to Have Abused Its Position, Court Rules

May 30, 2024 – On May 29th, the Shanghai Intellectual Property Court announced the verdict of the first-instance trial in China’s first consumer lawsuit against Apple for monopoly practices. The court acknowledged Apple’s dominant position in the Chinese software market but rejected the plaintiff, Mr. Jin’s, claim that the tech giant had abused this position….

Read More

Apple Locks in TSMC’s Entire Initial 2nm Chip Capacity, Signaling Major Push in Semiconductor Tech

May 21, 2024 – Apple’s Chief Operating Officer, Jeff Williams, made a surprise visit to Taiwan Semiconductor Manufacturing Company (TSMC) yesterday, triggering speculation that the two tech giants have held a secretive meeting and reached an agreement for Apple to secure the entire initial 2nm production capacity from TSMC. TSMC has long been the exclusive…

Read More