Samsung Initiates Unprecedented Voluntary Retirement Scheme, Cutting Over 30% of Foundry Staff

November 04, 2024 – According to recent media reports, Samsung Electronics executives have revealed plans to implement an unprecedented four-round large-scale voluntary retirement program. This initiative is particularly targeted at the company’s continuously loss-making wafer foundry manufacturing team, with the 8-inch foundry manufacturing and technical team facing a reduction of over 30% in its workforce….

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Apple Exec Reveals Reasons Behind Not Developing a Search Engine: High Costs, Enormous Risks, and Commitment to Privacy

December 25, 2024 – In a statement submitted to the Federal Court in Washington D.C., Eddy Cue, Apple’s Senior Vice President, elaborated on the reasons why Apple has no intention to develop a search engine similar to Google’s. Cue highlighted that developing a search engine would involve significant costs, pose immense risks, and contradict Apple’s…

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Global Workforce Impacted: Unity to Slash 3.8% of Jobs in Cost-Cutting Measure

November 29, 2023 – Unity Corporation, having faced severe criticism from developers for its recently announced pricing system, witnessed a significant decline in engine installations. The backlash resulted in the departure of the company’s CEO. Despite the subsequent release of Unity 6 engine, the company continued to grapple with a downturn in its performance. According…

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Mazda Confirms Production of Powerful Iconic SP Hybrid Sports Car with Unique Two-Rotor Engine

November 08, 2024 – Automotive publication Autocar reported yesterday (November 7) that Mazda has confirmed the production of its Iconic SP concept sports car. Unveiled at last year’s Tokyo Motor Show, the Iconic SP concept showcased a hybrid powertrain delivering 370 horsepower, along with a design that seamlessly blends retro styling with modern technology, creating…

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