News

Samsung’s Profit Falls Again on Uneven Chip Demand Recovery – The Economic Times – Bangalore

A tax credit of 2.82 trillion won helped lift Samsung’s bottom line to nearly double what analysts had estimated. The company’s operating profit was 2.8 trillion won on sales of 67.8 trillion won, in line with preliminary figures revealed at the start of the month. Samsung client Advanced Micro Devices Inc. gave a weaker than-expected revenue forecast overnight, kindling concern about customers postponing purchases of PCs, servers and other IT equipment. Bloomberg

Samsung’s Profit Falls Again on Uneven Chip Demand Recovery – The Economic Times – Bangalore Read More »

Samsung’s Profit Falls Again on Uneven Chip Demand Recovery – The Economic Times – Mumbi

A tax credit of 2.82 trillion won helped lift Samsung’s bottom line to nearly double what analysts had estimated. The company’s operating profit was 2.8 trillion won on sales of 67.8 trillion won, in line with preliminary figures revealed at the start of the month. Samsung client Advanced Micro Devices Inc. gave a weaker than-expected revenue forecast overnight, kindling concern about customers postponing purchases of PCs, servers and other IT equipment. Bloomberg

A tax credit of 2.82 trillion won helped lift Samsung’s bottom line to nearly double what analysts had estimated. The company’s operating profit was 2.8 trillion won on sales of 67.8 trillion won, in line with preliminary figures revealed at the start of the month. Samsung client Advanced Micro Devices Inc. gave a weaker than-expected revenue forecast overnight, kindling concern about customers postponing purchases of PCs, servers and other IT equipment. Bloomberg

Samsung’s Profit Falls Again on Uneven Chip Demand Recovery – The Economic Times – Mumbi Read More »

Nvidia’s Big Tech Rivals Put Their Own AI Chips on the Table – The Economic Times – Kolkata

Nvidia declined to comment. The AI chip market is projected to more than double by 2027, to roughly $140 billion, according to the research firm Gartner. Venerable chipmakers like AMD and Intel are also building specialized A.I. chips, as are start-ups such as Cerebras and SambaNova.

Nvidia’s Big Tech Rivals Put Their Own AI Chips on the Table – The Economic Times – Kolkata Read More »

No Headway Yet in JV Talks with Top Cos for Chip Tech – The Economic Times – Bangalore

Tata Group, Vedanta and Relian-ce chose not to comment. An email sent to TSMC did not elicit any response. Most companies have started discussions with already established players in the space, who prefer to set up independent facilities. Many of the biggest semiconductor companies in the world are yet to firm up India entry plans.

No Headway Yet in JV Talks with Top Cos for Chip Tech – The Economic Times – Bangalore Read More »

India Inc Makes Little Headway in Getting New-gen Chip Tech – The Economic Times – Delhi

Tata Group, Vedanta and Relian-ce chose not to comment. An email sent to TSMC did not elicit any response. Most companies have started discussions with already established players in the space, who prefer to set up independent facilities. Many of the biggest semiconductor companies in the world are yet to firm up India entry plans.

India Inc Makes Little Headway in Getting New-gen Chip Tech – The Economic Times – Delhi Read More »

India Inc Makes Little Headway in Getting New-gen Chip Tech – The Economic Times – Mumbi

Tata Group, Vedanta and Relian-ce chose not to comment. An email sent to TSMC did not elicit any response. Most companies have started discussions with already established players in the space, who prefer to set up independent facilities. Many of the biggest semiconductor companies in the world are yet to firm up India entry plans.

India Inc Makes Little Headway in Getting New-gen Chip Tech – The Economic Times – Mumbi Read More »

Wipro says aligning talent to changing market critical after report says hundreds to face layoffs at firm – CNBC TV18

The spokesperson said that aligning business and talent to the changing market environment is a critical part of the firm s strategy as it looks to build a resilient, agile, and high-performance organisation. The development comes weeks after the company reported its October to December quarter results which showed that its total headcount during the period declined by 4,473 employees .

Wipro says aligning talent to changing market critical after report says hundreds to face layoffs at firm – CNBC TV18 Read More »

Wipro on job cuts: Aligning business, talent to changing market environment – Business Standard

Bengaluru based IT major Wipro is looking to cut hundreds of jobs, targeting midlevel employees working onsite as the company looks to improve margins, according to a media report, citing two sources. The company has said it is aligning its business and talent to the changing market environment.

Wipro on job cuts: Aligning business, talent to changing market environment – Business Standard Read More »

US Launches H1B Visa Renewal Pilot Programme, Promising Boost for Indian Tech Talent – News 18

The US has formally launched a pilot programme to renew the H1B foreign work visas domestically. Launched on January 29, the pilot renewal programme will run till April 1 and is likely to benefit thousands of Indian tech professionals. It will allow H1B visa holders who are currently in status to renew their visas in the US before a temporary trip abroad.

US Launches H1B Visa Renewal Pilot Programme, Promising Boost for Indian Tech Talent – News 18 Read More »

Singtel Launches Nxera Data Centre Brand, Signs Strategic Partners for AI Development – Telecom Talk

Singtel today launched an initiative to advance AI development in Singapore and the region, partnering with global and local ecosystem partners across AI, renewable energy, sustainable technologies, and talent development. This initiative was unveiled at the launch of Singtel s new data center brand, Nxera (pronounced nexzehra).

Singtel Launches Nxera Data Centre Brand, Signs Strategic Partners for AI Development – Telecom Talk Read More »

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