China’s domestic semiconductor industry is expected to achieve a major milestone in 2026, with local chip shipments projected to reach 5 million units, according to an expert hosted by Deutsche Bank. The growth comes as Beijing continues accelerating efforts to strengthen its domestic chip ecosystem amid ongoing restrictions on advanced artificial intelligence hardware from the…
Samsung Electronics is expected to achieve record-breaking financial results in the second quarter of 2026, driven largely by strong demand for memory chips, but the company’s smartphone business may face an unprecedented setback with its first-ever quarterly loss. According to analysis by DealSite South Korea, Samsung’s Mobile eXperience (MX) division could report results ranging from…
ByteDance, the parent company of TikTok, is reportedly in discussions with Shanghai-based Iluvatar CoreX to procure artificial intelligence chips for inference workloads, according to individuals familiar with the matter. The potential agreement highlights China’s accelerating efforts to strengthen its domestic semiconductor ecosystem as global competition in AI hardware intensifies. If finalized, Iluvatar CoreX would become…
Samsung has made a strategic move to strengthen its semiconductor division by hiring John Rayfield, a seasoned executive with deep experience at AMD and Intel. This development signals the company’s renewed focus on enhancing its in-house Exynos processors and competing more aggressively in the mobile chipset market. Rayfield, who previously served as Corporate Vice President…