The world stands at a pivotal moment in its energy journey, where the urgent need to combat climate change intersects with technological innovation and economic transformation. The concept of energy transition refers to the global shift from fossil fuel-based energy...
Key Points Korea's memory chip exports to Taiwan surged 225.7% in the first half of 2024, reaching $4.26 billion. The growth is driven by strong demand for high bandwidth memory (HBM) products, which are essential for AI accelerators. Taiwan became the third-largest importer of Korean memory chips, overtaking Vietnam and the United States. SK hynix,...
Key Points Cisco is set to announce a second round of layoffs this year, possibly cutting more than 4,000 jobs. The company is shifting its focus to high-growth areas like cybersecurity and AI amid declining demand in its core networking business. Cisco completed a $28 billion acquisition of cybersecurity firm Splunk to bolster its subscription...
