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2024-10-23

[News] Arm Holdings Reportedly Cancels Qualcomm Chip Design License

Arm Holdings Plc is terminating its architectural license agreement with Qualcomm Inc., which permitted Qualcomm to use Arm's intellectual property for chip design, Bloomberg reported on Tuesday. According to the report, Arm has issued a mandatory 60-day notice to Qualcomm regarding the cancella...

2024-10-23

[News] China’s Youth Unemployment Eases in September, but Economic Challenges Persist

China's youth unemployment rate decreased in September, according to data released by China’s National Bureau of Statistics on October 22. The unemployment rate for 16-24 year-olds, excluding students, stood at 17.6%, down from 18.8% in the previous month, but it remains at a relatively high level...

2024-10-23

[News] IMF Lowers Global Growth Forecast for Next Year, Reflecting Intensified Downside Risks

According to the International Monetary Fund's (IMF) October report, global economic growth is expected to reach 3.2% in both 2024 and 2025, with the 2025 forecast being revised down by 0.1 percentage points compared to the July forecast. United States Breaking it down by major economies, ...

2024-10-23

[News] Tim Cook Visits China amid Apple Intelligence Rollout Speculation

Apple CEO Tim Cook visited China for the second time this year. According to a report from Commercial Times, his visit may be aimed at boosting Apple’s business in the region, particularly given that Apple Intelligence currently does not support the China version of the new iPhone 16. A report...

2024-10-23

[News] Texas Instruments Earnings Show Improvement Despite Weak Industrial Sales

Texas Instruments (TI), a leading player in the analog IC market, reported stronger-than-expected quarterly earnings, though its outlook for the current quarter fell short, reflecting ongoing pressures in the industrial semiconductor sector. According to Reuters and MarketWatch, TI announced its ...

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