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Samsung's chip division reported a nearly 50-fold rise in profit, marking a strong recovery from the sector's recent downturn. The company also warned that a global chip supply shortage is set to worsen by 2027, pointing to a growing gap between demand and production capacity.
Meta, Amazon, Alphabet, and Samsung all topped first-quarter 2026 earnings expectations, with Samsung logging a record profit. The results point to recovering ad markets, strong cloud demand, and a rebound in memory chips. Investor focus now shifts to forward guidance on AI spending and margins.
DRAM supply will reach only 60 percent of demand by end-2027, per Nikkei Asia, with SK Group's chairman warning the shortage may last until 2030. Samsung, SK Hynix, and Micron are expanding capacity, but almost none comes online before 2027. SK Hynix's February fab opening in Cheongju is the only new production
India's IT ministry has dropped a UIDAI proposal to mandate Aadhaar biometric app preloading on smartphones, following opposition from Apple, Samsung, and others over security, compatibility, and manufacturing cost concerns. The reversal is the sixth failed government preload attempt in two years and exposes limits on
Huawei launched the Pura X Max in China, becoming the first company to commercially release a wide-format foldable smartphone. The move preempts similar devices from Apple and Samsung, setting an early price anchor between $1,613 and roughly $1,905 depending on configuration. Preorders opened today with full
Tag
Samsung's chip division reported a nearly 50-fold rise in profit, marking a strong recovery from the sector's recent downturn. The company also warned that a global chip supply shortage is set to worsen by 2027, pointing to a growing gap between demand and production capacity.
2mo ago · 1 min · Markets
Meta, Amazon, Alphabet, and Samsung all topped first-quarter 2026 earnings expectations, with Samsung logging a record profit. The results point to recovering ad markets, strong cloud demand, and a rebound in memory chips. Investor focus now shifts to forward guidance on AI spending and margins.
2mo ago · 1 min · Markets
DRAM supply will reach only 60 percent of demand by end-2027, per Nikkei Asia, with SK Group's chairman warning the shortage may last until 2030. Samsung, SK Hynix, and Micron are expanding capacity, but almost none comes online before 2027. SK Hynix's February fab opening in Cheongju is the only new production
2mo ago · 1 min · Technology
India's IT ministry has dropped a UIDAI proposal to mandate Aadhaar biometric app preloading on smartphones, following opposition from Apple, Samsung, and others over security, compatibility, and manufacturing cost concerns. The reversal is the sixth failed government preload attempt in two years and exposes limits on
2mo ago · 2 min · Policy & Government
Huawei launched the Pura X Max in China, becoming the first company to commercially release a wide-format foldable smartphone. The move preempts similar devices from Apple and Samsung, setting an early price anchor between $1,613 and roughly $1,905 depending on configuration. Preorders opened today with full
2mo ago · 1 min · Technology
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