Tag: Technology Hardware

Apple has told some suppliers to cut production of components for its newly launched iPhone 18 Pro and ​iPhone 18 Pro Max, as soaring memory chip costs ‌and price increases have dampened consumer demand, Nikkei Asia reported on Friday.

LG Electronics forecast third-quarter operating profit well below market estimates amid lingering business uncertainties, sending shares tumbling, though continued earnings improvement keeps the South Korean consumer-electronics giant on course for a recovery this year.

Σε νέο στάδιο περνάει η ανάπτυξη του μοντέλου franchise της Carrefour στην Ελλάδα, αφού ήδη στο πρώτο εξάμηνο του 2026 ο όμιλος AVE, που έχει αναλάβει την υλοποίηση του Master Franchise Agreement, άνοιξε νέα καταστήματα σε εμβληματικές τουριστικές περιοχές.

Taiwan’s Foxconn, the world’s largest contract electronics maker, reported on Monday a 47% jump in third-quarter ​revenue year-on-year that beat market estimates, fuelled by ‌strong AI-related demand.

Seagate Technology shares fell 11% on Friday, while Western Digital dropped 7%, after a report that Toshiba plans to significantly expand its hard disk drive production capacity to meet growing demand from AI data centers.

Jabil stock dropped in premarket trading Wednesday even as the contract manufacturer reported better-than-expected earnings for the fiscal fourth quarter and fiscal year.

Qualcomm shares ticked up 0.2% today after the chipmaker announced a renewed global patent licensing agreement with Apple, taking effect April 1, 2027. 

HP Inc. Withholds Outlook, Warning PC Sales Will Drop Through 2027 HP Inc. won’t issue fiscal-year guidance just yet, citing an industry-wide slump in personal computer unit volumes that it expects to persist through 2027.

Citi raised its price target on Panasonic Holdings Corp. to ¥5,400 from ¥5,100 and maintained its Buy rating on the stock.

Huawei’s chair has urged Chinese AI companies to accelerate development to catch up with frontier US labs, contrasting with calls in Silicon Valley for a slowdown amid rising concerns about the existential risks posed by the technology.

Shares of International Business Machines spiked in May after the legacy tech giant unveiled an agreement with the U.S. government to build a quantum chip foundry. On Wednesday, that industry first became a reality.

International Business Machines and Lockheed Martin may seem like an unlikely pairing, but the storied tech giant and defense titan share common ground: quantum computing.

Huawei Technologies Co. and Xiaomi Corp. are raising the stakes in China’s smartphone arena just days before Apple Inc.’s first foray into the foldable category.

NetApp  a data storage company, reported stronger-than-expected earnings and raised its fiscal year guidance on Wednesday, but its stock was falling anyway.

Dell Technologies stock was climbing in the Wednesday premarket after the hardware company reported a major earnings and revenue beat that was powered by artificial-intelligence demand.

SLB agreed to acquire thermal management company Kelvion from private-equity funds for $4.1 billion. The oil drilling and production company said Monday that the acquisition is meant to strengthen its growing data center business.

China’s ​Huawei Technologies (HWT.UL) said on Wednesday it had reached a multi-year cross-licence agreement with HP Inc, covering ‌patents used in Wi-Fi technology, including the latest Wi-Fi 7 standard.

With more consumers turning to Apple’s computers for creating and running AI agents, the company is rolling out new Mac Mini and Mac Studio models with updated chips and other upgrades for artificial intelligence applications.

Cisco Systems forecast fiscal 2027 revenue above Wall Street expectations on Wednesday, signaling confidence that strong demand for its AI networking gear will continue to power growth.

Super Micro Computer  stock was surging in Wednesday’s premarket after the server maker’s fiscal fourth-quarter earnings smashed Wall Street estimates on accelerating artificial-intelligence demand.