Prices for Nvidia graphics processing units (GPUs) are falling in China’s largest electronics market, as traders shrug off the frenzy of market speculation over tightening export controls in the wake of the US midterm elections and the Jensen Huang affair. The US chip giant’s top-of-the-range GeForce RTX 5090 graphics card surged in price last month at Shenzhen’s Huaqiangbei market, but that was mostly driven by rumours that Nvidia was going to halt production to focus on high-end enterprise...
NVIDIA shares fell after the CEO’s admission prompted a board investigation, raising questions about his future at the company he co-founded.
The rumoured change could see a single button handle camera access, app launches and shortcuts.
More than 80 Xiaomi, Redmi, and Poco phones and tablets are scheduled to receive the update.
Nvidia is facing an unprecedented valuation test as a board inquiry into CEO Jensen Huang exposes the US chipmaker to a rare key-person risk, while investors also weigh the midterm elections’ potential impact on Washington’s chip controls and AI regulation. The company’s shares slumped 7.3 per cent as markets opened in the United States on Monday, following Huang’s bombshell confirmation over the weekend that he had been unfaithful to his wife and would cooperate with an investigation into his...
Hoban Group’s rise as Hanjin KAL’s largest shareholder is giving Delta Air Lines greater leverage in the power struggle over Korean Air’s holding company as Chairman Cho Won-tae seeks to retain control. Hoban and its affiliates held a 20.69 percent stake in Hanjin KAL as of Wednesday, narrowly surpassing Cho and related parties at 20.58 percent. Cho has agreed to purchase another 325,000 shares for 37.05 billion won ($27 million), which could lift his side’s stake to 21.06 percent and restore its position as the largest shareholder. The increasingly close shareholding structure, however, has heightened the importance of major shareholders outside the two rival camps. Delta owns 14.9 percent of Hanjin KAL, while the state-run Korea Development Bank (KDB) holds 10.58 percent. Together with Cho’s stake, the three parties account for about 46 percent of Hanjin KAL. Excluding KDB from consideration for any future Korean Air deal due to its unique status as a public financial institution, Delta is emerging as an unexpected beneficiary of the renewed power struggle between Cho and Ho
Battery materials makers are accelerating their expansion into lithium iron phosphate (LFP) materials, as growing demand for energy storage systems (ESS) and non-Chinese supply chains in North America fuels competition to secure production capacity. LFP cathode supply commitments between domestic battery cell makers and materials suppliers are estimated to exceed 210,000 metric tons, according to industry estimates, prompting manufacturers — POSCO Future M, L&F and EcoPro BM — to step up investments. POSCO Future M is expanding its LFP capacity by converting part of its existing high-nickel cathode production lines at its Pohang plant. The company plans to increase annual capacity from about 20,000 tons to as much as 105,000 tons by the end of next year. It also plans to utilize up to 50,000 tons of capacity from CNP New Material Technology, a joint venture with CNGR and Fino. Following a 1.07 trillion won ($784.5 million) LFP cathode material supply deal with SK On in September, POSCO Future M signed another long-term supply contract worth about 6 trillion won with Samsung SDI last
Korean space startup Innospace said Monday it plans to launch its upgraded multipurpose suborbital rocket, Sebit, in Brazil on Nov. 29, following an unsuccessful maiden test flight in August. The company has secured a 26-day launch window from Nov. 16 to Dec. 11 at the Alcantara Launch Center in Brazil, in coordination with state-owned aerospace company ALADA, the Brazilian Air Force and the Brazilian Space Agency. The final launch date and time will be determined based on weather conditions, launch readiness and other operational factors. Sebit is a multipurpose suborbital rocket designed to provide commercial testing and validation services. The single-stage rocket is powered by a 4-ton-class hybrid engine and measures 8.7 meters in length and 0.7 meters in diameter. The upcoming flight will mark Sebit's second test launch following a series of technical upgrades aimed at improving its propulsion and flight stability. The improvements include increasing engine thrust from the 3-ton class to the 4-ton class and redesigning the flight control algorithm. The upgrades follow an unsuccessful
Samsung Bioepis said Monday that its proposed biosimilar SB27 demonstrated comparable efficacy and safety to Keytruda, a blockbuster cancer immunotherapy drug that was the world's best-selling pharmaceutical product last year, in a global Phase 3 clinical trial. According to the company, it announced the Phase 3 clinical study results at the Society for Immunotherapy of Cancer Annual Meeting 2026 held in Phoenix, Arizona, from Nov. 4 to 8. Keytruda, developed by U.S. pharmaceutical company MSD, is a cancer immunotherapy drug that binds to programmed cell death protein 1 (PD-1), an immune checkpoint receptor, helping the immune system attack cancer cells. It was the world's best-selling drug last year, generating approximately 46 trillion won ($31.7 billion) in global sales. The Phase 3 study, which began in 2024, involved 555 patients with metastatic nonsquamous non-small cell lung cancer across 14 countries, comparing SB27 with the original drug in combination with standard chemotherapy. In the study, SB27 met its primary endpoint by demonstrating an equivalent objective response rate t
Samyang Roundsquare, the parent company behind the Buldak spicy instant noodle maker Samyang Foods, said Monday its YouTube channel samyangman has surpassed 2 million cumulative views about three months after its launch in August. The channel airs “Fire or Fired,” an original series from BURNT, the company’s spicy food content brand. The show follows Tony, a Samyang employee who struggles with spicy food, as he tries fiery local dishes in New York, Texas, Los Angeles and other parts of the United States. Tony is what Koreans jokingly call a “maepjjiri,” slang for someone with a low tolerance for spicy food. Instead of hiring celebrities or influencers, the company cast its own employee, who interacts with locals on camera. The seven episodes released so far have drawn more than 2.18 million views as of Sunday. The most-watched episode, featuring a visit to Samyang America, the company’s U.S. subsidiary, logged 770,000 views, followed by episodes filmed in Nashville, Tennessee, and New Mexico. Viewers in the United States accounted for about 45 percent of total views, while th