Foxconn Expects Decline in Sales
Foxconn warned of a fourth consecutive decline in quarterly sales.
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Qualcomm Announces New Chip for Mixed Reality
Qualcomm Inc., the largest manufacturer of processors for mobile phones, has announced a new Snapdragon XR2+ chip, designed for virtual and mixed-reality headsets.
Intel and DigitalBridge Establish Generative AI Company
Intel and DigitalBridge Group are jointly establishing the company Articul8, which will provide corporate clients access to a secure and vertically optimized software platform for creating artificial intelligence.
US National Debt Hits $34 Trillion
The debt of the Government of the United States has exceeded the $34 trillion mark for the first time in history.
FinTech KindCard Plans to Acquire Banking Platform OpenTransact
The fintech company KindCard, specializing in the provision of payment services, intends to acquire the OpenTransact banking platform.
Meta Cuts Prices for Quest 2 Headset
Meta has reduced the cost of the Quest 2 virtual reality headset.
China’s Factory Activity Picks Up
A private gauge of factory activity in China showed an increase in December.
Nokia Says About Negative Prospects of Sales
Nokia Oyj said it will not be able to meet its annual forecast for sales, operating margin, and free cash flow.
GitHub Expands Availability of AI Assistant
GitHub has made its Copilot Chat generally available to organizations and individuals.
India-Based Car-Sharing Platform Zoomcar Goes Public
Zoomcar, an Indian peer-to-peer carsharing platform that targets emerging markets, has gone public.
China’s Richest Provinces to Take Lead in Driving Economic Growth
In China, local officials have released information on their priorities for next year, which includes, among other things, promises from some of the country’s most financially secure provinces to become a driving force in stimulating the growth of the state’s economy.
Nvidia to Launch Special Version of Its Gaming Chip for China
The American company Nvidia, which is currently the largest player in the global chip manufacturing industry, intends to release a special version of one of its gaming processors for the Chinese market.
South Korea Chip Output Grows Rapidly
The semiconductor industry in South Korea is currently recording the best state of affairs in recent years, the material form of expression of which is associated with a rapid increase in production volumes.
Analysts Predict Rebound in PC Sales in 2024
Analysts at Canalys said that next year, the decline in sales in the personal computer market is highly likely to end, since, according to their observations of the mood and plans in the consumer environment, there is currently a trend towards a gradual restoration of interest to the purchase of relevant devices.
Singapore November Core Inflation Demonstrates Subdued Demand
In Singapore, core inflation showed a dynamic of the decline in November.
UK Inches Closer to Technical Recession
The United Kingdom’s economic system is currently on a path that could end in recession.
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