The operating profit of South Korean tech giant Samsung Electronics sank almost a third in the fourth quarter owing to spending on research, the company said Friday, as analysts said it was struggling to meet demand for chips used in AI servers.The news comes as industry leaders try to assess the outlook for the sector after …
Samsung operating profit hit by R&D spending, fight to meet chip demand Read More »
Most Asian markets edged up Friday at the end of a week beset by volatility after China’s DeepSeek unveiled a groundbreaking chatbot, while sentiment was dampened by US President Donald Trump confirming hefty tariffs on Canada and Mexico.Traders were rattled by news that the Chinese startup had created a programme that apparently matched the capacity …
Asian markets mostly rise but worries over tariffs, AI linger, Read More »
Japan saw its biggest year-on-year jump in foreign workers since records began, government data showed Friday, as the country seeks to address labour shortages exacerbated by its ageing population.In October 2024, the nation’s foreign workforce stood at 2.3 million — an increase of around 254,000 people from a year earlier, labour ministry data showed.That marks …
