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LG Display to cut Capex by more than 1 trillion won

LG Display said it plans to cut its investment budget by more than 1 trillion won in 2022 and flexibly operate its OLED production...

Chipmaker UMC slashes Capex due to weakening demand

Taiwan-based chipmaker United Microelectronics (UMC) has reduced capital expenditure to $3 billion for 2022, compared with a previous plan for $3.6 billion due to weakening...

KPN says energy cost is a major concern

KPN said it reiterates its 2022 outlook for adjusted EBITDA AL of more than € 2.4 billion, Capex of €1.2 billion, and Free Cash...

Importance of logistics dashboards in modern supply chain

Logistic dashboards are a way for companies to track their supply chain management and logistics. They allow companies to see how well they are...

Telenor says high energy prices to pose challenges

Telenor has informed that high energy prices, especially in Norway, Denmark, and Pakistan, will be a major challenge for its business. Telenor reported revenues of...

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Samsung to Invest $73 bn in AI Chips to Cash in on AI Memory Boom

Samsung Electronics has announced plans to invest more than...

Samsung Launches Galaxy Forever in India: New Ownership Model Brings Smartphones at 50% Upfront Cost

Samsung has introduced an innovative ownership programme, Galaxy Forever,...

AI chip demand fuels global foundry revenue surge to $218.8 billion in 2026: TrendForce

The global semiconductor foundry industry is set for robust...

Swisscom backs 6,000 mobile tower JV in Italy to accelerate 5G rollout and cut costs

Swisscom has announced a telecom tower initiative in Italy,...
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