Apple Agrees to EU Terms: NFC Access for Third-Party Mobile Wallets

July 12, 2024 – In a landmark decision, the European Union Commission has announced its acceptance of Apple’s commitments regarding contactless payment technology, formally binding the pledges under EU antitrust regulations. The move follows allegations that Apple’s exclusivity in granting NFC (Near Field Communication) access on iOS devices to Apple Pay alone, denied to third-party…

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Samsung Electronics Faces Indefinite Strike as Union Demands Pay Rise and Better Benefits

July 10, 2024 – In a decisive move, the largest labor union at Samsung Electronics, the Korean National Union of Samsung Electronics Workers (KNUSEW), has announced an indefinite strike action, citing the company’s management’s reluctance to engage in meaningful dialogue. The announcement comes as a culmination of ongoing tensions between the union and the tech…

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Samsung Electronics to Manufacture 2nm AI Chips for Japanese Startup Preferred Networks

July 09, 2024 – In a groundbreaking move, Samsung Electronics has revealed its successful collaboration with Japanese AI startup Preferred Networks. The tech giant has secured a deal to provide Preferred Networks with a comprehensive, turnkey semiconductor solution dubbed Interposer-Cube S (I-Cube S), leveraging cutting-edge 2nm GAA process technology and advanced 2.5D packaging techniques. This…

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