Samsung plans to slash overseas workforce by up to 30% in certain units
The chaebol has directed its global subsidiaries to reduce their sales and marketing workforce by around 15% and cut administrative staff by up to 30%.
Silicon
Broadcom reports $1.87bn loss in Q3 FY24 despite robust AI chip revenue
Qualcomm explores acquisition of Intel’s chip design units to strengthen portfolio
Nvidia stock decline wipes out $279bn in market value amid AI investment concerns
Intel CEO to unveil cost-cutting plan to board, considering divestitures
Just how high can Nvidia fly?
Nvidia shares slump despite 168% increase in second-quarter net income
US government commits up to $50m to fund HP microfluidics semiconductor fab
