Technology

Samsung banks on AI to lift Galaxy phones to best sales in years

BLOOMBERG Samsung Electronics Co is pinning its hopes for a mobile revival on artificial intelligence. AI will lift the global smartphone market back to growth and Samsung expects to outperform that with sales of its latest flagship devices, mobile chief TM Roh said in an interview. South Korea’s largest company unveiled the Galaxy S24 product family, days after losing the ...

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TSMC’s outlook backs hopes for global tech recovery in 2024

BLOOMBERG Taiwan Semiconductor Manufacturing Co (TSMC) expects a return to solid growth this quarter and gave itself room to raise capital spending in 2024, suggesting the world’s most valuable chipmaker anticipates a recovery in smartphone and computing demand. The main chipmaker to Apple Inc and Nvidia Corp is budgeting capital expenditure of $28 billion to $32 billion — versus about ...

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Apple to sell watches without oxygen feature after legal setback

BLOOMBERG Apple Inc will begin selling versions of its Series 9 and Ultra 2 watches without a blood oxygen feature in the US, following a legal setback in its patent dispute with Masimo Corp. The company said that the tweaked models were expected to go on sale on Thursday at its retail outlets and online store. The new models will ...

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Android phones will soon be able to stream TikTok videos to TVs

BLOOMBERG Alphabet Inc’s Google is working with TikTok to stream videos from Android phones to televisions, part of a broader effort to make its devices work together more seamlessly. The new feature will let Android users show clips from ByteDance Ltd’s TikTok app on TVs equipped with Google’s Chromecast system, according to a statement. It’s similar to Apple Inc’s AirPlay ...

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Amazon debuts video-streaming feature that rivals Apple AirPlay

BLOOMBERG Amazon.com Inc introduced a new feature that mimics Apple Inc’s AirPlay while working across different platforms, setting the stage for iPhone and Android users to wirelessly stream video to its TV hardware. The feature, called Matter Casting, is part of a push by Amazon to create interoperable services — an alternative to the propriety technology developed by Apple and ...

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Apple returns to list of top US employers as other tech firms lose appeal

BLOOMBERG Apple Inc returned to an annual list of the 100 best places to work after falling off last year, but the ranking wasn’t as rich with technology firms after layoffs roiled the sector. The iPhonemaker was No 39 in the list from Glassdoor, a website where employees submit anonymous workplace reviews. Glassdoor has conducted the survey since 2009. Apple ...

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Huawei teardown shows 5nm chip made in Taiwan

BLOOMBERG Huawei Technologies Co’s newest laptop runs on a chip made by Taiwan Semiconductor Manufacturing Co, a teardown of the device showed, quashing talk of another Chinese technological breakthrough. The Qingyun L540 notebook contains a 5-nanometer chip made by the Taiwanese company in 2020, around the time US sanctions cut off Huawei’s access to the chipmaker, research firm TechInsights found ...

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Apple supplier TDK bets new battery will change smartphone game

BLOOMBERG TDK Corp is fielding surging inquiries in Asia into a new lineup of smartphone batteries it hopes will become a game-changer in the quest to pack more power into ever-slimmer devices. The Apple Inc supplier is the first to apply to smartphones a technological breakthrough that its rivals have been exploring mainly as a means to stretch mileage for ...

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Foxconn expects sales to fall as iPhone doubts grow

BLOOMBERG Hon Hai Precision Industry Co warned of its fourth consecutive decline in quarterly sales after a 5.4% slide in the last three months of 2023 suggested consumer electronics demand remains muted. The Taiwanese firm, also known as Foxconn, reported a steep 27% drop in December sales to NT$460.1 billion ($14.8 billion), concluding a NT$1.85 trillion quarter. It now sees ...

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Apple stock downgraded as Barclays warns on cooling iPhone demand

BLOOMBERG Apple Inc got itself a new bear as expectations of soft demand for its latest iPhone prompted analysts at Barclays Plc to downgrade the stock. Shares fell 3.6% on January 2, their biggest one-day percentage drop since September, and the decline erased more than $107 billion in market value. Barclays analysts led by Tim Long cut their rating on ...

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