Tag: tech-industry

LG Exits 8K TV Market, Ending Production of 8K OLED and LCD Models

LG has ceased production of 8K OLED and LCD televisions, marking its exit from the struggling 8K TV segment.

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Telegram and Elon Musk’s xAI Grok Integration Remains Unfulfilled

The announced integration of Elon Musk’s AI bot Grok into Telegram has yet to occur and appears unlikely to happen in the future.

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Apple Plans Over 20 New Products in 2026, Promising Unprecedented Innovations

Apple CEO Tim Cook revealed plans to launch more than 20 new products in 2026, describing them as unprecedented innovations.

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Sandisk Reports Eightfold Profit Increase After Spinning Off from Western Digital, AI Drives Growth

Sandisk’s Q2 2026 earnings surged following its split from Western Digital, with AI technology playing a key role in its rapid expansion.

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Apple to Prioritize High-End iPhone Models Amid Rising Memory Costs

Apple plans to concentrate on premium iPhone models this year due to rising memory costs and global supply challenges.

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Apple Reports 16% Revenue Growth Amid Supply Challenges with In-House Chips

Apple’s revenue rose 16% to $143.76B last quarter despite facing higher-than-usual shortages of its own processors impacting production.

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SoftBank Negotiates Additional $30 Billion Investment in OpenAI

SoftBank is in talks to inject another $30 billion into OpenAI, following last year’s record $40 billion funding round.

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Micron to Invest $24 Billion in NAND Production Expansion in Singapore

Micron plans a $24 billion investment to expand its NAND flash memory production facility in Singapore, addressing rising global memory demand.

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Costs for Mature Process Chip Manufacturing Expected to Rise This Quarter

Chip production costs using mature lithography techniques are set to increase by up to 10% this quarter, impacting prices beyond advanced AI chips.

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Meta Addresses VR Quality Issues Following Reality Labs Restructuring

Meta’s Reality Labs faces challenges as the focus on the metaverse impacted Quest VR headset quality, says CTO Andrew Bosworth.

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Apple Faces Sharp LPDDR Memory Cost Increase Impacting iPhone 18 Pricing

LPDDR memory prices for Apple smartphones are set to nearly double this quarter, potentially driving up iPhone 18 costs.

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Laptop Shipments Expected to Decline Sharply in 2026 Amid Component Shortages

TrendForce revises 2026 laptop shipment forecast down to a 9.4% decline due to memory and processor supply challenges.

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