Tag: industry

Microsoft Assures No Cuts or Studio Closures Following Xbox Leadership Change

Microsoft confirms recent leadership changes at Xbox will not lead to layoffs or studio closures, aiming for a smooth transition.

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Surging Demand for Siemens Gas Turbines Driven by AI Growth in Data Centers

Siemens Energy sees record gas turbine orders fueled by skyrocketing AI-related power needs from data centers worldwide.

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AI Chip Production Faces Bottleneck Due to Single-Source Fiberglass Supply from Japan

A unique fiberglass material crucial for AI chip manufacturing is supplied by only one Japanese company, limiting production growth worldwide.

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Chinese Firms Expand Presence Among Leading Semiconductor Equipment Suppliers

Chinese companies have increased their footprint in the top 20 global semiconductor equipment suppliers, with one reaching fifth place.

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Headphone Sales Surge in Russia as Consumers Shift to Budget Options

In 2025, headphone sales in Russia hit a new high with 37 million units sold, driven by a strong consumer preference for affordable models.

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Chinese Robots Begin Autonomous Production of Joints for Humanoid Robots

Chinese manufacturers have pioneered robots that independently produce joints for humanoid robots, advancing automated robotics manufacturing.

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Intel Shares Plunge 17% Following Quarterly Earnings Report

Intel’s stock dropped sharply by 17% after its latest quarterly earnings, marking the steepest decline since August 2024.

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