Seoul, April 14 (IANS) South Korea’s exports of information and communication technology (ICT) products more than doubled in March from a year earlier, driven by strong semiconductor demand amid the global artificial intelligence (AI) boom, government data showed on Tuesday.Outbound ICT shipments reached US$43.51 billion last month, up from $20.52 billion a year earlier, according to the data from the Ministry of Science and ICT, reports Yonhap news agency.This marks the first time that monthly …
Latest AI/data centers News & Updates
Seoul, April 7 (IANS) LG Electronics on Tuesday estimated its first-quarter operating profit to have increased 33 per cent from a year earlier, driven by strong performance of its mainstay home appliance business.Operating profit for the January-March period came to 1.67 trillion won (US$1.1 billion), compared with 1.25 trillion won a year earlier, the company said in a regulatory filing.Sales rose 4.4 percent to 23.73 trillion won, marking a record high for a first quarter.Net profit data was n…
New Delhi, Feb 16 (IANS) C2i Semiconductors, a Bengaluru‑based chip design startup supported under the government’s Design Linked Incentive (DLI) scheme, has raised $15 million in a Series A funding round led by Peak XV Partners, bringing its cumulative investment from private investors to roughly Rs 170 crore, it was announced on Monday.The latest funding round follows a $4 million raise in 2024 and, together with DLI support, will accelerate development of power-management semiconductor so…
Mumbai, Jan 28 (IANS) Gold and silver prices continue to scale record highs on Wednesday, amid strong buying demand, weakening dollar, and rising geopolitical tensions, raising safe haven demand.MCX gold February futures rose 2.97 per cent to Rs 1,62,387 per 10 grams around 11.30 am. Meanwhile, MCX silver March futures rose 6.21 per cent to Rs 3,78,401 per kg.International markets also saw gold and silver touching records as caution grew due to ongoing policy uncertainty, fresh tariff threats, a…