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Xiaomi launches new Xring chip, partners with TSMC for production, sources say
Reuters26d agoneutral
Xiaomi launches new Xring chip, partners with TSMC for production, sources say

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain ‌and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched ‌its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung ​Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Xiaomi launches new Xring chip, partners with TSMC for production, sources say
Reuters26d agoneutral
Xiaomi launches new Xring chip, partners with TSMC for production, sources say

Chinese smartphone maker Xiaomi on Monday unveiled a new version of its in-house Xring handset processor, betting that deeper control over key components will help strengthen its supply chain ‌and reduce reliance on external chip suppliers. The introduction of Xring O3 comes a year after Xiaomi launched ‌its first proprietary smartphone processor, the Xring O1, marking the latest step in the world's third-largest smartphone vendor's push to join rivals such as Apple, Samsung ​Electronics and Huawei in developing its own chips. TSMC will manufacture the new chip using its 3-nanometre production technology, two people familiar with the matter said.

Micron unveils $10 billion AI memory research lab in Boise
Reuters30d agoneutral
Micron unveils $10 billion AI memory research lab in Boise

Micron Technology said on Thursday it plans to spend $10 billion on its newly ‌established research lab at Boise, Idaho, over the ‌next decade to advance memory technologies, develop compute systems and support future ​chip manufacturing. Large memory chipmakers such as Micron, Samsung Electronics and SK Hynix have been benefiting from a surge in demand from the rapid expansion of AI infrastructure. • The latest investment builds on the more than $250 billion that Micron had separately committed to ​manufacturing and ​R&D across the United States.

Warby Parker (WRBY) Unveils First Intelligent Eyewear Collection In Smart Wearables Push
Simply Wall St.43d agoneutral
Warby Parker (WRBY) Unveils First Intelligent Eyewear Collection In Smart Wearables Push

Warby Parker (NYSE:WRBY) announced the launch of its first Intelligent Eyewear collection in collaboration with Google Gemini and Samsung. The collection introduces smart eyewear features that integrate with Google Gemini and Samsung technology platforms. The move extends Warby Parker's product range beyond traditional prescription and sun eyewear into connected devices. Readers interested in more ideas linked to the digital backbone that supports products like Warby Parker's new...

Samsung (KOSE:A005930) Launches Galaxy Watch Ultra2 And Watch9 With AI Health Tools
Simply Wall St.47d agoneutral
Samsung (KOSE:A005930) Launches Galaxy Watch Ultra2 And Watch9 With AI Health Tools

Samsung Electronics introduced the Galaxy Watch Ultra2 and Galaxy Watch9, featuring new AI-driven health and sports tracking tools. The wearables include advanced biometric tracking, extended battery life, and support for demanding activities such as professional diving. The launch reflects a shift in Samsung Electronics' wearable strategy toward more health focused and performance oriented devices. For investors following Samsung Electronics, ticker KOSE:A005930, the new wearables arrive...

Apple (AAPL) Readies Foldable iPhone As Samsung Launches New Rival Phones
Simply Wall St.55d agoneutral
Apple (AAPL) Readies Foldable iPhone As Samsung Launches New Rival Phones

Samsung has launched new foldable phones as Apple, NasdaqGS:AAPL, is reported to be preparing its first foldable iPhone for a planned September debut. This move sets up direct competition between Apple and Samsung in the foldable smartphone segment. Industry projections suggest Apple could take up to a quarter of the foldable market once its device is released. Apple is already a major player in premium smartphones, and a foldable iPhone would extend its hardware line into a segment where...

Samsung (KOSE:A005930) Launches Galaxy Watch Ultra2 And Watch9 With AI Health Features
Simply Wall St.56d agoneutral
Samsung (KOSE:A005930) Launches Galaxy Watch Ultra2 And Watch9 With AI Health Features

Samsung Electronics launched the Galaxy Watch Ultra2 and Galaxy Watch9, expanding its smartwatch lineup with new models focused on AI-powered health and fitness features. The devices introduce AI-driven health insights, advanced sports tracking, and specialized dive capabilities, supported by partnerships such as Mares for underwater use. The launch adds fresh products to Samsung’s wearable and digital health ecosystem, providing another data point for investors watching its consumer...

Samsung unveils wider foldable phone, hikes prices as chip costs rise
Reuters59d agoneutral
Samsung unveils wider foldable phone, hikes prices as chip costs rise

Samsung Electronics on Wednesday unveiled a passport-sized foldable phone and raised prices of two updated foldable models, as it grapples ‌with rising memory chip prices while bracing for a new threat from Apple ‌in the niche but growing segment. The South Korean technology company pioneered foldable smartphones but its dominance is set to ​be challenged by Apple which analysts expect this year to launch a foldable phone with a screen similar in size to an iPad mini. "Strategically, this is one of Samsung's most important foldable launches," said Francisco Jeronimo, vice president at researcher IDC.

Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push
Reuters60d agoneutral
Samsung launches first US credit card with Barclays, signals ambitions for deeper financial services push

Samsung Electronics on Monday launched its first U.S. co-branded credit card with Barclays, deepening its push into the financial services space ‌in the country and signaling plans to broaden its offerings in the future. The Samsung Galaxy ‌Card, issued by Barclays and running on Visa's network, will allow users to apply, manage accounts, track spending and redeem ​rewards entirely through Samsung Wallet. The credit card launch also puts Samsung in direct competition with Apple Pay, which dominates payment services in the U.S. The launch comes as technology companies and banks race ‌to deepen ties between digital wallets ⁠and financial products, seeking to make smartphones the primary device for payments and money management, and both Samsung and Barclays want to capitalize on it.

GraniteShares launches new SK Hynix ETFs
Yahoo Finance Video66d agoneutralVIDEO
GraniteShares launches new SK Hynix ETFs

GraniteShares founder & CEO Will Rhind joins Josh Lipton on Market Domination Overtime to discuss the firm's new SK Hynix (000660.KS) ETFs, which give investors new leveraged ways to gain exposure to the AI memory chip giant.

Samsung (KOSE:A005930) Launches PM1763 SSD For AI And HPC Data Centers
Simply Wall St.73d agoneutral
Samsung (KOSE:A005930) Launches PM1763 SSD For AI And HPC Data Centers

Samsung Electronics (KOSE:A005930) has introduced the PM1763, an enterprise SSD based on the PCIe 6.0 standard. The drive targets artificial intelligence and high performance computing workloads with higher throughput than its predecessor. The PM1763 includes post quantum cryptographic security features and is designed for liquid cooled, power efficient data centers. Samsung Electronics sits at the center of the memory and storage market, and the PM1763 PCIe 6.0 SSD adds another product...

South Korea unveils $576 billion AI-chip investment
Reuters Videos82d agoneutralVIDEO
South Korea unveils $576 billion AI-chip investment

<body><p>STORY: South Korea rolled out sweeping chip and AI mega-projects on Monday.</p><p>President Lee Jae Myung pledged investments worth more than $576 billion over several years.</p><p>:: SK Hynix&nbsp;</p><p>It’s a move that aims to cement the nation’s overwhelming industry leadership.</p><p>Lee was joined for the announcement by the leaders of Samsung Electronics and SK Hynix.</p><p>:: Samsung</p><p>High-bandwidth memory (HBM) chips produced by both tech giants have become pivotal in the global race to build advanced AI systems.&nbsp;</p><p>Lee said the world’s two largest memory chipmakers will invest around $518 billion with suppliers to build two new chip fabrication sites each in South Korea's southwest region.</p><p>He announced plans for the southwest to host major chip production clusters, drawing on abundant, underused power.</p><p>:: SK Hynix&nbsp;</p><p>Lee defended this proposed new hub over the weekend as a "national survival strategy" to ease regional imbalances and expand capacity for the AI era.</p><p>Representatives of other firms including LG Electronics and HD Hyundai Robotics also attended.</p></body>

Samsung (KOSE:A005930) Unveils UFS 5.0 For Next Generation AI Devices
Simply Wall St.88d agoneutral
Samsung (KOSE:A005930) Unveils UFS 5.0 For Next Generation AI Devices

Samsung Electronics unveiled its new Universal Flash Storage 5.0 solution for AI-focused mobile devices. The company positions UFS 5.0 as an industry-leading storage technology aimed at on-device generative AI use cases. The announcement highlights faster data handling and improved power efficiency for smartphones, XR devices and AI wearables. For investors tracking Samsung Electronics, KOSE:A005930, the UFS 5.0 launch sits alongside a share price of ₩318,500. The stock is up 8.9% over the...

Interactive Brokers (IBKR) Launches Direct Trading Access to Korea Exchange
Insider Monkey124d agoneutral
Interactive Brokers (IBKR) Launches Direct Trading Access to Korea Exchange

Interactive Brokers Group Inc. (NASDAQ:IBKR) is one of the best large cap stocks to buy under $100. On May 7, Interactive Brokers announced the launch of access to equities listed on the Korea Exchange/KRX, making it the first major US-based broker to offer trading in South Korea’s $4 trillion equity market. This addition enables international […]

Bloomberg135d agoneutral
Google Launches $100 Fitbit Air Without a Screen to Rival Whoop

(Bloomberg) -- Alphabet Inc.’s Google on Thursday launched the Fitbit Air, a $100 screenless fitness band aimed squarely at taking on Whoop Inc. and other makers of health and fitness wearables that forgo displays. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealChina Asks Banks to Pause New Loans to US-Sanctioned RefinerSony