Suhani Jain

South Korea’s Nand Flash Memory Chip Exports Return to Growth

Nand flash memory shipments from South Korea increased for the very first time in the past twelve months, adding to the indications that the decline in semiconductor demand had peaked.

In contrast to an 8.9 percent decline in August, shipments rose 5.6 percent from a year prior in September, the commerce ministry reported in a statement on Monday. Dynamic random access memory exports (DRAM), another segment of the memory-chip industry, fell by 24.6 percent in the same time frame, a less dramatic decrease than the 35.2 percent drop seen a month prior.

Memory chips are a key component of Korean exports, which are highly dependent on the demand for technological products on a worldwide scale. Nand is less profitable than DRAM, but it is a preferred material among manufacturers of memory cards, digital cameras, as well as other gadgets that are portable due to its capacity to store data even in the absence of electricity.

In an effort to support economic development in an era when worldwide interest rates are anticipated to rise for longer and impact total spending, Korean officials are banking on a rebound in chip demand.

The majority of the worldwide memory market is controlled by Samsung Electronics Co. along with SK Hynix Inc., while Japanese wafer and equipment producers hope to benefit from a rebound in semiconductor sales. The electronics sector of Samsung is primarily recognized for its well-liked smartphones and televisions. Due to shortages, the corporation has increased its reliance on providing semiconductors to manufacturers worldwide in the past few years.

According to data from the Commerce Ministry, total semiconductor shipments to China continued to struggle in September, down 22.7 percent from a year before. While shipments to the US fell by 30 percent, those to the European Union (EU) increased by 56.5 percent.

With an estimated 230-billion-dollar investment by memory chip juggernaut Samsung Electronics, South Korea claims it will construct a sizable facility to manufacture memory chips in the bigger Seoul area.

President Yoon Suk Yeol revealed the intentions on Wednesday, and the electronics behemoth later confirmed them.

Also Read: TCS Seeks to Use Microsoft AI Partnership to Improve Margins

“We will build the world’s largest new ‘high-tech system semiconductor cluster’ in the Seoul Metropolitan area based on large-scale private investment of almost 300 trillion Korean won,” he said.

“In addition, we will grow the ‘semiconductor mega cluster’ to the world’s largest in connection with the existing memory semiconductor manufacturing complexes.”
edition.cnn.com

Suhani Jain

I am a student pursuing my bachelor’s in information technology. I have a interest in writing so, I am working a freelance content writer because I enjoy writing. I also write poetries. I believe in the quote by anne frank “paper has more patience than person

Microsoft’s $69 Billion Activision Blizzard Deal Cleared by Britain

Leave a Comment / Microsoft, Story, Tech Story / By Suhani Jain

on Friday, Xbox creator Microsoft completed its 69-billion-dollar acquisition of Activision Blizzard, bolstering its position in the video gaming industry with top-grossing games like “Call of Duty” to more effectively fight with Sony, the sector’s leader.

The largest gaming merger, first announced in January 2022, overcame its final major barrier later in the day when Microsoft consented to sell off streaming licenses for Activision’s titles to ease competition concerns.

The accomplishment is a significant victory for the American tech company in its campaign to draw more customers to its Xbox systems and Game Pass membership service. Sony, whose PlayStation game systems sell more than the Xbox, generates more gaming income than Microsoft.

While Activision’s chief executive officer Bobby Kotick will continue in his position until the end of 2023, Microsoft Gaming’s chief executive officer Phil Spencer will be in charge of the company’s operations.

Spencer has hailed the acquisition as an opportunity for Microsoft to enter the greater than 90 billion-dollar mobile gaming industry.

Famous mobile games from Activision like “Candy Crush Saga” as well as “Call of Duty Mobile” were left out of the cloud streaming agreement that Microsoft made with Ubisoft Entertainment of France to win Britain’s permission.

“Microsoft instantly has more than $3 billion of mobile revenues,” said Wedbush Securities analyst Michael Pachter.

“The big benefit is that Microsoft has a vision that they are going to deliver games through a subscription, and they need more content to give subscribers. So, this is a big step toward having sufficient content,” he said.
finance.yahoo.com

The Federal Trade Commission of the United States continues to oppose the acquisition despite having been unsuccessful in doing so in the past. The FTC stated on Friday that it will assess Microsoft’s contract with Ubisoft while concentrating on its petition for review.

Analysts, though, predict that not much will change.

“The impact of an FTC challenge will be limited to incremental concessions in the future,” D.A. Davidson analyst Gil Luria said.
finance.yahoo.com

Also Read: Google’s Pichai Decried Bad ‘Optics’ of Search Engine Deal With Apple

The CMA believes that Microsoft’s streaming capitulation is a turning point and said that it was the sole rival agency in the world to achieve this result.

“The new deal will stop Microsoft from locking up competition in cloud gaming as this market takes off, preserving competitive prices and services for UK cloud gaming customers,” it said in a statement.
finance.yahoo.com

Suhani Jain

Adobe Releases New AI Models Aimed at Improved Graphic Design

Leave a Comment / Artificial Intellegence, News, Tech News / By Suhani Jain

Today, Adobe revealed new AI-driven Generative Fill & Text to Template tools at Adobe MAX, the most prominent creative summit in the world, as well as Translation and Drawings along with Painting functions in Adobe Express, advancing a new age of “Creativity for All.” Adobe Express enhances the one-stop creation software with even more artificial intelligence features, making it quick, simple, and enjoyable for people of any level of skill to create and share exceptional content.

Express customers can now effortlessly add, delete, or replace objects, people, and other elements in any image with just a description by utilizing Generative Fill, an artistic co-pilot driven by Firefly.

The newly introduced Text to Template generative artificial intelligence capability, built upon the new Firefly Design Model, makes starting with the design process even simpler. Users can now generate outstanding customised templates by employing just a text explanation, allowing them to quickly and easily create professional-quality social media posts, brochures, posters, as well as digital cards. With a selection of 45 languages, Translate saves users time when localizing material. With the addition of more than 50 colorful paintbrushes that imitate the textures of charcoal, pencil, and watercolor as well as student-friendly drawing blueprints that are included in the Express for Education offering, the latest Drawing and Painting features make it simple and fast to create lovely effects such as flowers, hearts and more.

Express is revolutionizing the way people and organizations all around the world transform ideas into outstanding content and beautiful social media marketing with revolutionary generative artificial intelligence that is safe to use for business. Millions of users around the world use Express to create appealing content for social media, intriguing videos, eye-catching PDFs, digital cards or flyers, interacting book reports, distinctive resumes, and more. These users range from students to independent business owners to creative specialists to small enterprises to the biggest corporations.

Also Read: Samsung’s Profit Slide Slows in Sign of a Chip Market Bottom

“The groundbreaking AI-first innovations in Express are empowering our Creative Cloud members and creators of all levels to bring their ideas to life in completely new ways that are fast, easy and fun,” said Govind Balakrishnan, senior vice president, Adobe Express and Digital Media Services at Adobe. “Express users are generating hundreds of millions of beautiful images using the latest AI-powered features. We’re excited to be rolling out even more revolutionary AI-first capabilities across image creation, design, video, audio, PDFs and more, in the coming months.”
finance.yahoo.com

Suhani Jain

Samsung’s Profit Slide Slows in Sign of a Chip Market Bottom

Leave a Comment / News, Tech News / By Suhani Jain

After stopping losses at its chip division, Samsung Electronics Co. recorded a more gradual decline in quarterly profit, raising the possibility that the worldwide semiconductor sector had turned into a downward spiral.

A 78-cent reduction in operating profits was better than expected, according to some investors, and this helped Samsung’s shares rise as high as 4.4%, which is the biggest in more than a month. The biggest corporation in South Korea, along with its smaller competitors SK Hynix Inc. along with Micron Technology Inc., has been experiencing an industry slowdown. In response to sluggish demand for gadgets and an oversupply of chip inventory, dependable clients, such as manufacturers of personal computers and mobile phones, have reduced their purchases.

As per Samsung’s initial figures, operating income decreased to roughly 2.4 trillion won which is approximately $1.8 billion despite a decline of 13 percent in earnings in the three months leading up to September. The figures are better than the record 95 percent year-on-year decline in the previous quarter, which is in line with analyst predictions.

Expectations are rising that Samsung’s semiconductor business “has pretty much passed the bottom,” said Sanjeev Rana, head of Korea Research at CLSA. “And the recovery is underway in the fourth quarter.”
finance.yahoo.com

Samsung now aims to take advantage of the long-expected rise in AI-related technology expenditure, which is being driven by enthusiasm among investors and customers for OpenAI’s ChatGPT launch last autumn.

However, Samsung is lagging behind tiny Hynix, the primary provider of next-generation DRAM to artificial intelligence chip manufacturer Nvidia Corp., in building the tools required to train artificial intelligence models. By 2024, Samsung claims it will have doubled its production capacity for high-bandwidth memory, which has the capability required to accelerate AI training

Samsung is a leader in the memory market, which quickly increased production to satisfy demand brought on by the epidemic. The business continued to spend throughout the recession, burdening itself and its major clients with excessive inventory.

“The result was better than expected,” said Lee Seung-Woo, an analyst at Eugene Investment & Securities. “The bottom for the memory chip industry is behind us and Samsung’s results showed that.”
finance.yahoo.com

Also Read: BlackRock Invests in German Fintech Firm Targeting New Investors

However, Samsung and Hynix have stated they will withstand financial turmoil by reducing the manufacture of NAND chips used in personal computers and smartphones until AI-related demand turns into revenue.

Before trading on Wednesday, shares of Hynix had increased by more than 60 percent compared to Samsung’s rise of 20 percent earlier this year.

Suhani Jain

China Plans Big AI and Computing Buildup in Boon for Local Firms

Leave a Comment / Story, Tech Story / By Suhani Jain

Since the country’s economy has been placed under strain by US sanctions, China wants to increase its computing power by over a third in a span of just three years. This initiative will hopefully help local suppliers and increase technological independence.

As stated in a joint statement from numerous organizations, which includes the Ministry of Industry and Information Technology, the second-biggest economy in the entire globe is aiming for more than 300 exaflops of computing capability throughout its tech industry by 2025, up from 220 this year. This objective is Beijing’s newest effort to build a digital network to boost a lagging economy.

In the next two years, China also intends to construct 20 more smart computing facilities. In the years leading up to 2025, larger optical networks and more sophisticated data storage will be constructed, according to the authorities.

According to them, the increased processing capacity would benefit industries including manufacturing, teaching, financial services, health care, transportation, and energy.

“China plans to strengthen the synergy in the industry and safeguard the supply chain by developing controllable solutions and encouraging the use of home-grown, reliable software,” the statement read.
finance.yahoo.com

The authorities emphasized that a crucial component of this framework development is supply chain security.

The United States has tightened restrictions on high-end goods being sent to China, such as cutting-edge processors like Nvidia Corp. that are essential for developing artificial intelligence (AI) models. As the tech battle drives Beijing to focus on an American-free supply network, the Asian nation is now encouraging the use of home-made IT products ranging from operating systems to memory chips for storage.

The two companies most involved in developing indigenous technology are Semiconductor Manufacturing International Corp. and Huawei Technologies Co., both of whom the US has banned. The pair’s success in creating a sophisticated processor for Huawei’s most recent handsets has energized the effort overall and cast doubt on the efficacy of Washington’s restrictions on China.

Also Read: Apple’s Challenge for the Next Vision Pro: Making It Easier to Wear

“China has found that traditionally, every 1 yuan invested in computing power has driven 3-4 yuan of economic output,” Akshara Bassi, senior research analyst at Counterpoint, told CNBC via email. “The investments echo China’s plans to drive economic output through leadership in technology prowess and integrating AI with existing technologies and solutions across all industries and domains.”
cnbc.com

China aims to concentrate on sectors like memory storage and data transmission networks as part of its drive into computing, and it also has plans to expand its data center infrastructure. For cloud computing players to expand their presence, they are necessary.

Suhani Jain

Dell Says Servers, Not PCs, Are Its Main Growth Engine in the AI Era

Leave a Comment / News, Tech News / By Suhani Jain

The corporation that provides technology for data centers, according to Dell Technologies Inc., the organization that assisted in ushering in the age of personal computing, has become its most prospective one.

The business unit that offers servers, data storage, and various other office equipment will expand by roughly seven percent throughout the next few years, almost doubling the estimate given in 2021, the business said in a statement to investors on Thursday. Dell anticipates PCs to recover from their decline and produce a steady revenue rise of approximately 2.5 percent.

Because artificial intelligence demands increasingly powerful devices, the growing interest in the field throughout the industry is generating some of the benefits, according to Jeff Clarke, chief operating officer at Dell.

He stated that Artificial Intelligence is addictive and it’s going to increase overall technology spend, pointing to the rising demand for servers with high-capacity storage space and graphics processing units like those produced by Nvidia Corp.

For a server supported for AI applications, the business stated in August that it currently has over two billion dollars in piled-up orders. The same lack of high-power CPUs that is limiting the remaining portion of the business is still a problem for Dell, according to Clarke. Demand exceeds the supply, and Clarke is the solo No. 2 to the chief executive officer and founder Michael Dell at Dell following Chuck Whitten’s resignation in August.

Also Read: Amazon and Microsoft Cloud Units Face UK Antitrust Investigation

Due to the significant drops in sales of personal computers following the pandemic, it has been a challenging year for computer manufacturers. Investors have focused on Dell’s server business as a result of the slowdown in computer growth in order to observe how the firm might profit from artificial intelligence, according to Bloomberg Intelligence expert Woo Jin Ho.

Dell refuses to give up on selling PCs, it still generates a total of 58 billion dollars in revenue annually, which accounts for over fifty percent of all sales. Simply put, the market’s potential for expansion has decreased, according to Clarke. However, a cycle associated with fresh purchases may be on the horizon given that Microsoft Corp. is urging customers to upgrade to the most recent version of its operating system, Windows, and that many PCs purchased before the epidemic are aging. Dell said that it will buy back additional stock and raised its long-term earnings growth estimate.

Suhani Jain

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