Tue, 21-Oct-2025

Samsung Elec reports greater Q2 profits, due to server-chip demand

Samsung

Samsung Electronics turns in its best April-June profit since 2018 with an 11% year-on-year rise. Lagging demand for memory chips from server customers offset lower sales to smartphone makers. Operating profit rose to 14 trillion won ($10.73 billion) from 12.57 trillion won a year earlier. Samsung Electronics Co Ltd (005930. KS) turned in its best … Read more

UK dispatches server farm for basic minerals

UK

Critical minerals such as cobalt and lithium are key for electric vehicle batteries.  UK launches Critical Minerals Intelligence Centre to gather data and analyze information. Data will help find ways to source minerals needed for green technologies. Such as EVs and wind turbines, national defense, and mobile phones. The UK on Monday sent off the … Read more