Samsung to Invest $310 Billion in AI Chip Plant Opening in 2028
Samsung is doubling down on the global AI surge. It is announcing a massive $310 billion investment plan to expand its footprint across advanced chips,...
Tag : Samsung
Samsung Chip Profit Soars as AI Drives Memory Demand
Samsung is riding the AI wave once again. The tech giant’s semiconductor division posted a stunning 80% jump in profit for the September quarter, signalling...
Samsung wins $16.5 bn multiyear Tesla chip deal
Samsung Electronics Co. will manufacture semiconductors for Tesla Inc. under a new $16.5 billion (22.8 trillion won) agreement. This gives a major boost to its...
Samsung Unveils Exynos 2500 with Boosts in AI, Performance, and Battery Efficiency
Samsung has unveiled the Exynos 2500, its latest mobile chip and the first to utilise an advanced 3nm process, promising improved speed, AI performance, and...
Swiggy Instamart Introduces 10-Minute Smartphone Delivery in 10 Cities
Swiggy Instamart is taking quick commerce to the next level with 10-minute smartphone delivery! Now, in 10 cities, customers can get top brands like Apple,...
DMI Finance Raises $400 Million from Japan’s MUFG Bank
Non-banking finance company (NBFC) DMI Finance said on Monday it had raised $400 million in an equity funding round led by Japan’s MUFG Financial Group....
Glance Grows by 30% YoY to Reach 183 Million in Q1 2022
According to Counterpoint Research Quarterly Mobile Application Tracker, the active users of Glance base in India is 30 per cent on a yearly basis to...
Govt Approves Proposed Investments of Rs 86,824 Crore for Electronics Manufacturing
The Ministry has approved a total of 314 applications for investment in Electronics and IT, Government of India. The revised special incentive package scheme has...
Samsung Launches South Korea’s First Private 5G Network
Samsung has built the first private 5G commercial network for cloud-based autonomous robots. On Thursday, the South Korean giant partnered with NAVER Cloud to develop...
Chennai Declared World’s Cheapest FDI Location For Electronics R&D
In a significant boost to the Tamil Nadu government’s push for new investments, Chennai was ranked as the world’s cheapest Foreign Direct Investment (FDI) location...