TSMC Set to Kickstart German Semiconductor Fab Construction in Q4 2024
May 15, 2024 – In a recent development, Taiwan Semiconductor Manufacturing Company (TSMC) has reaffirmed its commitment to commencing the construction of its German semiconductor fab in the fourth quarter of this year, with an anticipated production rollout in 2027. Last year, TSMC forged a partnership with three leading European chipmakers – Bosch, Infineon, and…
Intel CEO Gelsinger to Unveil ‘Cost-Cutting, Efficiency-Boosting’ Plan for Company Revival
September 02, 2024 – According to a report by Reuters, citing informed sources, Intel CEO Pat Gelsinger and his executive team are expected to submit a plan to the company’s board later this month. The plan aims to revive the fortunes of the once-dominant chipmaker by divesting unnecessary businesses and reorganizing capital expenditure. The proposed…
Meta Sets Ambitious Goal: Doubling Annual AI Glasses Production to 20 Million Units
January 14, 2026 – As the demand for AI-powered smart glasses continues to surge, Meta and EssilorLuxottica are exploring the possibility of ramping up production capacity. On January 13 local time, Bloomberg revealed that Meta has put forward a plan to increase the annual production volume of its smart glasses to 20 million units by…
Porsche Aims to Reverse Sales Decline with Return to Fuel and Hybrids
February 8, 2025 – According to a report published today by carscoops, Porsche’s electrification strategy has hit a roadblock, prompting the luxury carmaker to shift gears and refocus on fuel and hybrid models in response to market shifts and consumer preferences. Porsche has announced plans to introduce additional new models equipped with fuel and plug-in…
Apple Aims to Surge iPhone Production in India, Targeting Over 50 Million Units in Next Few Years
December 08, 2023 – In a significant shift in its global manufacturing strategy, Apple and its partners are making a notable push to escalate the production capacity of iPhones in India over the next two to three years. This ambitious move is set to elevate India’s contribution to Apple’s global iPhone production to an impressive…
Microsoft Bolsters AI Offerings with Extended Azure OpenAI Services
**August 8, 2023 – Transforming AI Performance: Microsoft’s Latest Azure Advancements** In a groundbreaking move that solidifies Microsoft’s commitment to AI innovation, the tech giant, in partnership with NVIDIA, has unveiled a remarkable leap in virtual computing prowess. The new offering, Azure ND H100 v5 VM, represents a significant milestone, promising enhanced efficiency in tackling…
NVIDIA CEO Predicts AI Will Surpass Human Abilities in Five Years
November 30, 2023 – During the DealBook Summit held on November 29th, NVIDIA’s CEO Jensen Huang made a bold declaration, stating that artificial intelligence would surpass human capabilities within the next five years. Huang explained that if we consider General Artificial Intelligence (AGI) as a computer capable of performing tasks in a manner comparable to…
HMD Global Moves Away from Nokia: Preparing for Own-Brand Transformation in 2024
January 15, 2024 – Once known as the manufacturer of Nokia phones, HMD Global is now gearing up for its “own-brand transformation plan” announced last year. The company is gradually moving away from the Nokia brand and is not expected to launch any more Nokia-branded smartphones this year. According to previous reports, HMD Global has…
Oracle’s MySQL Team Faces Massive Layoffs: A Glimpse into the Software’s Uncertain Future
September 18, 2025 – Last week, a report from The Register sent shockwaves through the tech world, revealing that Oracle had carried out a significant round of layoffs within its core MySQL database development team, sparking concerns about the future of the widely – used software. A well – placed senior source within the MySQL…
Larry Ellison Leaps Over Musk: First – Time Global Wealth Summit Victory
September 11, 2025 – In a stunning turn of events, Larry Ellison, co – founder of Oracle, has dethroned Elon Musk to claim the title of the world’s richest person for the first time, according to the latest Bloomberg Billionaires Index. Ellison’s net worth soared to a staggering 393billion.ThisremarkablejumpwastriggeredbyOracle′squarterlyresults,whichfarexceededmarketexpectations.Thecompanyalsogaveapositiveoutlookonitsfuturegrowthprospects.At10:10a.m.NewYorktime,Ellison′sfortunesurgedby101 billion, surpassing Musk’s $385 billion. This…