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TSMC Q3 PROFIT EXPECTED TO SOAR 28% ON AI SPENDING BOOM
TSMC, the world's largest manufacturer of advanced artificial intelligence chips, is expected to post a 28% jump in third-quarter profit to a record due to the insatiable demand for AI infrastructure, though U.S. tariffs could impact its outlook. Taiwan Semiconductor Manufacturing Co, the world's No. 1 contract chipmaker and a key supplier to Nvidia and Apple, is forecast to report a net profit of T$415.4 billion ($13.55 billion) for the three months through September 30, ac
2 days ago1 min read


iPHONE AIR WILL BEGIN PRE-ORDER IN CHINA AFTER TELECOM OPERATORS APPROVED FOR ESIM SERVICES
Apple's iPhone Air would be available for pre-order in China later this week, as major Chinese telecom operators obtained regulatory approvals for eSIM services, the company said on Monday. The iPhone Air , priced from 7,999 yuan ($1,121.56), will be the only model in China to have service providers' support for an eSIM - a digital SIM embedded in the device. Learn More
2 days ago1 min read


GERMANY WILL ACQUIRE ARMOURED VEHICLES WORTH ALMOST $7 BILLION
The German government will order 424 new wheeled armoured vehicles for almost 7 billion euros ($8.11 billion). The lower house of parliament's budget committee is set to approve the arms deal for the country's army in the next few days. The largest part of the Bundeswehr deal is a framework agreement with the defence group General Dynamics for the development and procurement of 274 scout vehicles worth around 3.5 billion euros, with the first deliveries planned for 2028. Lea
2 days ago1 min read
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