Thursday, 6 April 2023

Samsung Vows to Cut Chip Production Amid Global Downturn in Demand; Shares Surge 4.5 Percent

Samsung Electronics said on Friday it would make a "meaningful" cut to chip production, following the lead of smaller rivals, as it grapples with a sharp global downturn in semiconductor demand that has sent prices plummeting.

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AI-Powered iOS 18 Could Be the Biggest Update in Apple's History: Report

Apple will introduce its newest iPhone 16 lineup, expected to be packed with Generative AI features, later this year. The Cupertino, Califor...