Amazon’s CEO Andy Jassy Spearheads Groundbreaking AI Initiative
August 1, 2023 – The AI world is abuzz with the latest developments at Amazon as CEO Andy Jassy takes the helm of a groundbreaking initiative. Reports indicate that Jassy is now directly leading a new team dedicated to the development of AI projects. In a recently leaked internal email, Jassy announced the promotion of…
iPhone 17 Air Predicted to Start at $899, Highlighting Ultra-Slim Design and Enhanced Battery Life
March 17, 2025 – In his latest Power On newsletter, Bloomberg’s Mark Gurman has revealed that Apple is planning to introduce several innovative designs for the iPhone 17 Air/Slim, set for release this September. According to Gurman, who was briefed on the matter, this mid-range model is expected to have a starting price of approximately…
Gurman: Siri Snags Delay Apple’s Smart Home Hub Launch to 2026
April 8, 2025 – Apple’s highly anticipated next-generation smart home hub, initially slated for a 2025 launch, now faces potential delays extending into 2026, according to Bloomberg’s Mark Gurman in his latest Power On newsletter. The device, internally codenamed J490, was positioned as a voice-centric control center leveraging an upgraded Siri interface and App Intents…
Non-Storage Semiconductor Market: South Korea Claims Mere 3.3% Share
September 3, 2023 – Amidst the dynamic landscape of global non-memory semiconductor markets, a recent report from the Korea Institute for Industrial Economics & Trade reveals a contrasting picture of market shares. Last year, South Korea held a modest 3.3% market share in the non-memory semiconductor domain, marking a fraction of both Japan’s market presence…
Seagate Completes Acquisition of Upstream Supplier Intevac, Strengthening HDD Position
April 3, 2025 – Seagate, a leading manufacturer of hard disk drives (HDDs), has announced the completion of its acquisition of Intevac, a supplier of upstream equipment, on March 31st, local time. The deal, valued at approximately 109million,wasfinalizedatapriceof4 per share as offered by Seagate. Intevac specializes in the manufacturing, sales, maintenance, and upgrading of thin-film…
TikTok Unveils $1B Finnish Data Hub to Safeguard 175M European Users
May 7, 2025 – TikTok made a significant announcement today, revealing plans to establish its inaugural office in Finland and launch its first data center project in Kouvola as part of the “Clover Initiative.” The data center, which will be constructed by local developer HyperCo Oy, involves a total investment of 1 billion euros. TikTok…
J.D. Power Study Reveals Tesla’s Dip in Consumer Satisfaction, While Traditional Carmakers Gain Ground
July 29, 2024 – According to the latest J.D. Power 2024 U.S. Automotive Performance, Execution and Layout (APEAL) study, consumer satisfaction with Tesla has declined, while brands like Rivian, Porsche, and Jaguar have emerged at the forefront of the rankings. The study, based on surveys of 99,144 owners of 2024 model-year vehicles, evaluated consumer satisfaction…
Bill Gates Urges Environmentalists: Don’t Overworry About AI’s Power Consumption
June 28, 2024 –In a recent speech in London, tech mogul and philanthropist Bill Gates has come to the defense of AI systems, arguing that their energy consumption will ultimately be “offset” by the efficiencies they bring. Gates’ comments, reported by the Financial Times today, were made in response to concerns about the increasing energy…
Nikon Responds to Tariff Challenges with ‘Necessary Price Adjustments’ in U.S. Effective June 23
May 27 2025 – Nikon has recently issued a statement announcing that it will implement a “necessary price adjustment” starting from June 23, 2025, due to the U.S. government’s tariff increase policy. While the company has not yet disclosed the specific models or the extent of the price hikes, popular releases such as the Z5Ⅱ…
Samsung Expects 13% Boost in Smartphone and Tablet Production for First Half of 2024, Thanks to Galaxy AI Catalyst
June 22, 2024 – According to a report by The Elec, a Korean media outlet, Samsung Electronics is estimated to have exceeded its production forecast for smartphones and tablets in the first half of 2024. The company is expected to overachieve its production targets by 13% for the six-month period, driven by strong performance in…