(Telecompaper) Samsung Electronics reported record second-quarter revenue and operating profit, with its semiconductor business generating almost all of the group's...
South Korean chipmaker Samsung Electronics posted record quarterly profits Tuesday thanks to the global AI infrastructure buildout coupled with a memory chip shortage. Also in this edition, oil futures rise as tensions reignite in the Hormuz Strait and Canada commits to its biggest-ever defence contract. Finally, Cuba…
In South Korea, the AI frenzy has sent the value of the country's top chipmakers skyrocketing. Korea's Samsung Electronics and its chief rival SK Hynix have been trading places as the world's most valuable producer of memory chips. Following some strident union organizing at the firms, their workers have become some…