Tag: Technology Hardware

IBM will invest $150 billion in the U.S., including on facilities for quantum computer production, over the next five years, the latest American technology company to back the Trump administration’s push for local manufacturing.

International Business Machines Corp. reported better-than-expected quarterly revenue and profit, quieting investor fears of economic disruption from tariffs and federal cost cuts.

The European Union on Wednesday fined Apple and Meta hundreds of millions of euros each for breaching the bloc’s digital competition laws.

Apple and Meta Platforms are facing the likelihood of regulatory fines. However, the blow could be less than feared due the policies of President Donald Trump.

Apple’s iPhone 16 series will be available in Indonesia from April 11, it said on Wednesday, after Jakarta lifted a ban on its sale following the company’s more than $300 million investment plan.

EU antitrust authorities are anticipated to conclude their year-long investigation into the browser options provided by Apple (NASDAQ:AAPL) on its iPhones, according to a Reuters report on Tuesday.

Chinese smartphone and EV maker Xiaomi Corp is raising up to $5.27 billion in a top-up placement on Monday, according to a term sheet seen by Reuters.

China’s Xiaomi on Tuesday reported a near 50% jump in fourth-quarter revenue, beating analyst estimates, and raised its 2025 target for electric vehicle deliveries to 350,000.

BMW Group will integrate Huawei HiCar, the Chinese tech conglomerate’s car mobile app connecting devices with vehicles, into its locally produced new models in 2026, the German automaker said on Monday.

Hewlett Packard Enterprise’s shares fell 20% in after-hours trading Thursday after its earnings were overshadowed by news of layoffs and expectations that tariffs will have a negative impact going forward.

Apple on Tuesday launched new versions of its iPad Air, enhancing the mid-tier tablet with its M3 chip and artificial intelligence capabilities in a bid to spur upgrades among customers.

Chip designers Nvidia (NVDA.O), opens new tab and Broadcom (AVGO.O), are running manufacturing tests with Intel (INTC.O), two sources familiar with the matter told Reuters, demonstrating early confidence in the struggling company’s advanced production techniques.

China’s Ministry of Commerce said Friday that it “firmly opposes” U.S. President Donald Trump’s latest threat to ramp up tariffs on Chinese goods and vowed retaliation, if necessary.

Dell reported fourth-quarter sales that fell short of analysts’ estimates but earnings topped Wall Street expectations.

Super Micro Computer Inc. gained 23% in premarket trading after it submitted outstanding financial reports to become compliant with Nasdaq Inc. rules, easing concerns that the server maker would be delisted.

Apple said it plans to spend more than $500 billion over the next four years to expand its manufacturing footprint in the U.S.

Arista Networks logged higher profit in the fourth quarter, boosted by a double-digit sales increase.

Taiwanese electronics companies are planning more investments in the U.S. state of Texas, with announcements possible in May to coincide with President Donald Trump’s first 100 days in office, the head of an industry body said on Tuesday.

Apple will work with Chinese tech giant Alibaba to roll out AI services in the world’s biggest market for mobile phones, in a move that removes months of uncertainty for the Cupertino-based firm.

LG is recalling 500,000 electric ranges that have been involved in at least 28 fires and caused several injuries. However, customers who comply aren’t receiving refunds or exchanges — they’re getting stickers.