Samsung Electronics’ earnings report and outlook reflect doom and gloom. Many are surprised. Positive signs from chip rival TSMC and smartphone stalwart Apple had fed the belief that it would put the worst behind it.
Author: Agency Staff
Donald Trump’s top aides spent more than a year demanding that key allies ban Huawei from next-generation wireless networks. That’s not working out so well for the US president.
Boris Johnson insisted the decision to allow Huawei to play a limited role in the UK’s 5G infrastructure would not “imperil our relationship” with the US as he faced a backlash from Tory MPs and US Republicans.
An Israeli cybersecurity firm said it believes a new strain of ransomware was created by Iran and has the ability to lock up or even delete industrial control systems.
Britain will let Huawei Technologies play a limited role in building the country’s next-generation mobile phone networks, denying a long-running attempt by the US to have the Chinese tech giant barred.
South African mining companies plan to build 609MW of electricity generating capacity, if they can get official approval for the projects.
Apple has asked suppliers to make as many as 80 million iPhones in the first half of this year, an increase of more than 10% from the previous year’s output, the Nikkei newspaper reported.
Bitcoin’s claim for being digital gold appears to have another piece of evidence in its corner. In a day where global stocks plunged on concerns over the deadly coronavirus, the cryptocurrency gained as much as 5.8%.
Eskom CEO André de Ruyter said that while he favours letting companies generate their own power, there will be significant initial costs if they are to sell their excess generation into the South African grid.
British Prime Minister Boris Johnson will put his friendship with US President Donald Trump to the test this week as he announces whether to allow Huawei a role in the country’s 5G wireless broadband networks.