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Chinese banks set for $41 million payday from chipmaker's $8.6 billion IPOSix Chinese investment banks will earn at least $41 million from CXMT's IPO. This significant payout boosts the industry's income pool, whi...
Global Market: ASML raises 2026 outlook as AI boom drives strong earnings, plans capacity expansionASML raised its 2026 revenue guidance to €43-45 billion, up from €36-40 billion, after beating Q2 estimates on surging AI chipmaking demand...
Dutch tech giant ASML posts gain in second-quarter profitsDutch tech giant ASML, which makes cutting-edge machines to manufacture semiconductor chips, Wednesday posted a gain in second-quarter net ...
India-UK FTA from July 15: What changes for autos, whisky, exports and consumersThe India-UK Comprehensive Economic and Trade Agreement takes effect on July 15, 2026. This pact grants nearly 99% duty-free access for Ind...
Price hikes keep budget phone, TV buyers awayEntry-level smartphone and television sales have declined for the first time in over a decade. Successive price increases, driven by memory...
India's richer middle class is living a more dollar-linked life while earning in rupeesDollar spending India: The country's expanding middle class now spends more on foreign goods and services. International travel and oversea...
Global Market: Samsung, SK Hynix rebound as bargain buying offsets AI chip selloff fearsShares of Samsung Electronics and SK Hynix rebounded after an early sell-off as investors bought into the dip, supported by expectations of...
Jio IPO puts telecom in focus: Why the sector's growth story is gaining momentumStrong revenue growth, rising data demand and a landmark Jio IPO signal a favourable sector outlook.
World Cup fails to score for TV makersIndia's television market experienced stagnant sales during the FIFA World Cup, defying traditional expectations of a 15-25% surge. Rising ...
Korea taps Samsung, SK Hynix in $576 billion AI-chip drive to cement global leadershipThe plan, anchored by Samsung Electronics and SK Hynix, marks Lee's boldest push yet to align South Korea's AI and chip ambitions with his ...
FM radio: Tuned out of news, tuned into crisis, seeks reformsIndia's FM radio industry faces a crisis, with companies surrendering licenses due to government restrictions and competition from digital ...
Smartphone brands brace for 9-10% festive sales drop as higher prices dampen demandSmartphone sales are projected to dip by 9-10% this festive season as rising handset prices dampen consumer demand. Brands are strategizing...
Apple raises prices of MacBooks, iPads as memory costs skyrocketApple has increased prices for its iPad and MacBook models due to escalating costs of memory and storage chips, a surge fueled by the AI in...
How SK Hynix's bet on a niche memory chip made it more valuable than SamsungSK Hynix has risen to claim the title of South Korea's most valuable company, a testament to its visionary 14-year investment in high-bandw...
As new phones, cars get costlier, Indians turn to second-hand market in drovesConsumers are increasingly turning to used phones and cars as new vehicle prices climb. Refurbished smartphones now make up over a quarter ...
Xiaomi India charts post-Anuj Sharma roadmap with South Asia headquarters push and large appliances expansion planThe company reported strong gains in premium smartphones, tablets and TVs, outlined plans to enter large appliances, and announced leadersh...
India's 5G subscriptions to cross 1.1 billion by 2031; Mobile data usage to nearly double: ReportIndia's 5G subscriber base is expected to surpass 1.1 billion by the end of 2031, representing an 81 per cent subscription penetration rate...