Samsung Electronics soars more than 5% after Nvidia report

Samsung logo displayed on a phone screen with a binary code reflected on it, a laptop keyboard, a memory card, an adaper and cables are seen in this illustration photo taken in Krakow, Poland on January 30, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Images) Jakub Porzycki | Nurphoto | Getty Images Shares of South … Read more

British telco giant BT expects to launch 5G standalone this year

An EE mobile phone store, operated by BT Group, in Reading, U.K. in 2020. Jason Alden | Bloomberg | Getty Images BARCELONA, Spain — British telecommunications giant BT says it expects to launch its first so-called stand-alone 5G network in 2024. Howard Watson, BT’s chief technology officer, told CNBC that the telco group plans to … Read more

Smartphone makers Samsung, Google dream of an AI-driven supercycle   

Samsung Electronics’ flagship smartphones Galaxy S24 series are displayed during their unveiling ceremony in Seoul, South Korea, January 15, 2024.  Kim Hong-ji | Reuters BARCELONA – Smartphone makers are talking a big game about artificial intelligence this year.  And they’re so confident about features they’re cramming into their phones that they think it’ll drive a … Read more

Apple’s biggest issues in China right now after sales plunged

Apple CEO Tim Cook listens during a program at the Asia-Pacific Economic Cooperation Leaders’ Week at Apple Park in San Francisco on Nov. 17, 2023. Andrew Caballero-Reynolds | AFP | Getty Images Apple is facing renewed challenges in China, one of its most critical markets. The iPhone giant’s sales in the greater China region in … Read more

How the Apple iPhone changed the world

When Apple announced the iPhone in 2007, Steve Jobs called it a “revolutionary product” in a handset category that he said needed to be reinvented.  Now, nearly two decades and 42 models later, the iPhone is one of the world’s most popular phones. Apple has sold over 2.3 billion units of the iPhone and has … Read more

How Apple makes its own chips for iPhone and Mac, edging out Intel

Apple’s soaring stock price over the past two decades has been driven by its iconic consumer devices. It started with the iPod and iMac. Then came the iPhone and iPad. And more recently, the Apple Watch and AirPods. But there’s a lot more to the biggest U.S. company by market cap than just gadgets. At … Read more

Investors flocked to U.S. Treasurys for safety

The US Treasury building during a renovation in Washington, DC, US, on Tuesday, Aug. 15, 2023. Nathan Howard | Bloomberg | Getty Images This report is from today’s CNBC Daily Open, our new, international markets newsletter. CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. … Read more

China’s largest chipmaker SMIC posts first income fall in 3 years

SMIC has been hit with U.S. sanctions however its enterprise has continued to develop. Nonetheless, China’s largest chipmaker nonetheless faces a problem catching up with rivals corresponding to TSMC. Qilai Shen | Bloomberg | Getty Photographs China’s largest semiconductor manufacturing agency SMIC on Friday posted its first decline in quarterly income in additional than three … Read more