CEO of Europe's top chip-equipment maker says the auto industry needs a lot more chips that are made using simpler, long-known technologies

Samsung enjoyed a more than 15-fold rise in second-quarter operating profit, as chip prices rebounded thanks to the AI boom, but the group opposes unions and the strike may have little impact

Among the top applicants for GenAI patents were China's ByteDance - which owns video app TikTok - and e-commerce giant Alibaba Group

In May, the US Commerce Department revoked licences allowing companies including Intel and Qualcomm to ship chips used for laptops and handsets to Huawei

Any larger scale or protracted industrial action would be a headache for Samsung as it scrambles to catch up with rivals in chips used for artificial intelligence

The challenge spells trouble for China’s furiously expanding AI industry — which remains cut off from cutting-edge chips due to US sanctions

India is seeing a sharp surge in incidences of cyber scams, with authorities recording a whopping average of 7,000 cybercrime complaints per day last month

In a 99-page document submitted to a US court, TikTok and ByteDance argued the divest-or-ban bill was punitive, speculative and needed to be struck down

Chairman Richard Yu said it had taken the company 10 years to do what others in the United States and Europe took 30 years to achieve

Companies are turning to private security firms to vet their employees, including by using artificial intelligence

Investors snapped up Japanese stocks after sharp losses in the previous session but uncertainties about the BoJ’s policy path weighed on investor sentiment

India gives approval for a satellite internet service operated by a JV led by Mukesh Ambani's Jio Platforms and a Luxembourg firm, while Musk's Starlink has got a green light in Sri Lanka