An aerial view of the Samsung Electronics’ chip production facilities at Hwaseong, South Korea Samsung Electronics on Thursday reported record quarterly profit driven by a 49-fold jump in chip income, saying it expects a severe supply shortage to deepen next year as clients spend on AI, driving up prices of its memory chips. The world’s…
The Samsung exhibition stand features the prominent ”A new era of mobile agentic AI” slogan by the South Korean company Samsung Electronics. Joan Cros | Nurphoto | Getty Images Samsung Electronics reported an over eight-fold increase in first-quarter operating profits on Thursday, hitting a new record and beating analysts’ estimates on the explosive growth of…
A SK Hynix flag (R) and a South Korean national flag (L) flutter outside the company’s Bundang office in Seongnam on Jan. 26, 2024. Jung Yeon-je | Afp | Getty Images South Korean memory chip giant SK Hynix posted yet another quarter of record profit and revenue on Thursday, as prices for its products continue…
The Chairperson of the African Union Commission visited the Knowledge Management (KM) Unit within the Directorate of Information and Communication (ICD) on 27th March, during which he underscored the critical role of knowledge and institutional memory in advancing the implementation of Africa’s development framework, Agenda 2063. During the visit, the Chairperson was guided through the…
On March 25, 2026, the United Nations General Assembly crossed a moral threshold that the international system had delayed for far too long. By adopting Resolution A/80/L.48, the Assembly declared the transatlantic trafficking of enslaved Africans and racialized chattel enslavement of Africans the “gravest crime against humanity.” The resolution passed with 123 votes in favor,…
An increasing shortage of memory chips is beginning to reshape the global PC market – not by stopping laptop and desktop production, but by steadily eroding the value businesses receive when they buy new machines. Industry analysts say tightening supply of DRAM system memory and NAND flash storage is likely to push up component prices…
China’s Lenovo Group warned on Thursday about mounting pressure on PC shipments as a worsening memory-chip shortage grips the industry. CEO Yang Yuanqing said in an interview after the company released third-quarter results that the world’s largest PC maker has raised prices to offset surging memory costs, while accelerating its push into the fast-growing AI…
Memory shortages will constrain sales of smartphones for some time, hurting demand for chip industry companies like supplier Qualcomm and chip architecture designer ARM Holdings, executives and analysts said on Wednesday as both companies reported results that disappointed investors. Among the world’s largest smartphone chip designers, Qualcomm is dealing with relatively tepid orders as customers…
Apple CEO Tim Cook. Carlos Barria/Reuters Apple has warned that rising memory chip prices have started to pressure profitability in the current quarter, echoing warnings from South Korean chip makers that are diverting production toward higher-margin memory chips that support AI workloads. “We do continue to see market pricing for memory increasing significantly,” Apple CEO…
Signage at the SK Hynix Inc. booth at the China International Import Expo (CIIE) in Shanghai, China, on Thursday, Nov. 6, 2025. The expo runs through Nov. 10. Photographer: Qilai Shen/Bloomberg via Getty Images Bloomberg | Bloomberg | Getty Images South Korea’s SK Hynix on Wednesday reported record full-year profit for 2025, more than doubling…
