Battery giant LG Energy attracts £59bn in IPO bids as it looks to triple capacity January 11, 2022 South Korean battery maker LG Energy Solution's $10.7bn (£7.9bn) initial public offering (IPO) has received bids worth around $80bn (£59bn) from institutional investors, two sources with direct knowledge of the deal said.
NFTs in the media: from films to the TV January 10, 2022 Manufacturers on television are battling to offer the ability for people to display their non-fungible tokens (NFTs) on the ‘Telly’, discusses Jonny Fry.
Samsung estimates 52 per cent profit boost as demand for chips rockets January 7, 2022 Samsung weathers the chip shortage storm, as the tech giant said it expected its profit to jump 52 per cent for the last three months of 2021.
Samsung jumps on NFT bandwagon with smart TV rollout January 3, 2022 Samsung is taking the plunge into the crypto space with its new line of smart TVs which will let users buy, trade and display NFTs.
Apple struggles to keep pace with Google and Amazon according to new study on future readiness December 15, 2021 Tesla, Lululemon, Mastercard, and Google topped the global rankings in their respective industries in the Future Readiness Indicator released today, and a number of global companies fared much worse than expected, including Apple, IBM, Twitter, Spotify, HSBC, Audi, and Sony.
A quarter of Brits are struggling with the ‘new normal’ December 9, 2021 New data released today reveals that nearly one in four Brits feels negatively about the so-called “new normal”.
When the chips are down: the tiny piece missing from our supply chains November 30, 2021 If you haven’t already bought your tech gifts this Christmas you may have to come up with some more primitive alternatives for your loved ones. Chronic shortages of chips, the tiny semiconductors that are essential to a myriad of technologies, as well as high labor and transport costs, mean that Christmas gifts this year such [...]
EU to probe Nvidia’s $54bn ARM bid after concessions fail to allay concerns October 12, 2021 US tech company Nvidia’s $54bn bid for British chip designer ARM is set for a prolonged EU antitrust investigation. Concessions offered last week failed to address competition concerns, three people familiar with the matter said. This will be the second setback for the California-based tech firm after the UK’s watchdog warned the deal could damage [...]
Legal woes continue for Samsung as boss pleads guilty to sedative use October 12, 2021 Samsung chief Lee Jae-Yong pleased guilty to a charge of unlawful use of a controlled substance in a Seoul court amid ongoing legal troubles. In August, the embattled heir to Samsung was let out of prison on parole following a bribery conviction with the government judging his release to be in the “national interest” because [...]
UK not under consideration by Intel for chip factory October 7, 2021 Intel boss has said the chipmaker is not considering UK anymore for setting up its factories because of Brexit. The island nation was clearly an option for setting up of chip building units, but post-Brexit the idea was dropped in favour of Europe, Pat Gelsinger said. “Post-Brexit… we’re looking at EU countries and getting support [...]