Samsung says third quarter operating profits soar to US$6.6 billion, but misses forecast

Samsung says third quarter operating profits soar to US.6 billion, but misses forecast

South Korea’s Samsung Electronics said Thursday that its operating profits soared 277 per cent year on year to US$6.6 billion, but missed expectations as it struggled to leverage demand for chips used in artificial intelligence servers. The world’s largest memory chipmaker posted an operating profit of 9.18 trillion won (US$6.6 billion) “largely due to one-off … Read more

TSMC, Samsung, other major chip makers monitor quartz supply after hurricane shut mines

TSMC, Samsung, other major chip makers monitor quartz supply after hurricane shut mines

Global semiconductor manufacturers are monitoring supplies of high-purity quartz, a material critical to the industry, after Hurricane Helene halted production at two North Carolina mines that produce most of the world’s supply. South Korea’s Samsung Electronics and SK Hynix said they also do not expect repercussions. TSMC supplier Topco Scientific Co, which processes quartz, said … Read more

China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

China spends big on Samsung, SK Hynix chips in first half amid US sanctions fears

China significantly increased the import of South Korean chips in the first half of 2024, according to data from Samsung Electronics and SK Hynix, the two memory chip giants. Samsung reported an 82 per cent rise in revenue from China year on year to 32.35 trillion won (US$24.1 billion) in the first six months of … Read more

This SSD became the Swiss army knife of my gaming setup

This SSD became the Swiss army knife of my gaming setup

This is easily the nerdiest thing I’ve ever written, but I’m a sucker for external SSDs. Seriously. I love the idea of tiny devices that can store a massive amount of data. They’re so versatile for gamers, allowing you to set up portable emulation, take your Steam library on the go, or even just expand … Read more

Samsung profit surges most in years after chip arm recovery

Samsung profit surges most in years after chip arm recovery

Samsung Electronics reported its fastest pace of net income growth since 2010 after the artificial intelligence boom lifted earnings at its semiconductor division. The world’s largest maker of memory and smartphones posted a six-fold surge in net income to 9.64 trillion won (US$6.96 billion) in the June quarter, versus the average analysts’ projection for 7.97 … Read more

Semiconductor equipment giant ASML’s order book expected to benefit from AI chip boom

Semiconductor equipment giant ASML’s order book expected to benefit from AI chip boom

ASML dominates the global market for lithography systems, complex tools that use lasers to help create the tiny circuitry of semiconductors. It is the only maker of lithography systems using extreme ultraviolet (EUV) wavelengths, needed by TSMC to make the most complex processors for smartphones and AI chips. Christophe Fouquet took over as president and … Read more

Micron stock declines after forecast fails to meet lofty AI spending expectations

Micron stock declines after forecast fails to meet lofty AI spending expectations

Micron’s fiscal fourth-quarter sales will be US$7.4 billion to US$7.8 billion, the company said in a statement on Wednesday. While the average analyst estimate was US$7.58 billion, some projections were above US$8 billion. Profit will be about US$1.08 a share, minus certain items, versus a projection of US$1.02. Though Micron is getting a boost from … Read more

China may miss booming global market for high-bandwidth memory chips, BofA analyst says

China may miss booming global market for high-bandwidth memory chips, BofA analyst says

“Memory chips are experiencing a significant impact from the rise of AI, with the main driver currently being the demand for HBM in data centres, but not yet from smartphones,” Simon Woo, managing director and coordinator of Asia-Pacific Technology Research at BofA Securities, told the South China Morning Post on Friday. That is projected to … Read more

Tech war: US seeks help of allies Japan and Netherlands to curb China’s AI chip progress

Tech war: US seeks help of allies Japan and Netherlands to curb China’s AI chip progress

ASML and Tokyo Electron machines are used to produce dynamic random access memory dies, which are stacked together to make HBM chips. The United States’ Under Secretary of Commerce for Industry and Security, Alan Estevez, oversees the country’s export controls. Photo: Getty Images The Biden administration has tried for years to limit China’s ability to … Read more

Huawei’s flagship Pura 70 smartphone has highest ratio yet of China-made components as firm seeks tech self-sufficiency

Huawei’s flagship Pura 70 smartphone has highest ratio yet of China-made components as firm seeks tech self-sufficiency

With its latest flagship smartphone, Huawei Technologies has pushed ahead in cramming in ever more China-made components, according to a recent tear-down analysis of the Pura 70 line, as the tech giant looks to overcome US sanctions and go head-to-head with Apple on its home turf. The Pura 70, 70 Pro, 70 Pro Plus and … Read more