Samsung Electronics breaks ground on new chip R&D centre, plans $15 billion investment by 2028 | latest news from nigerian newspapers today

Samsung Electronics breaks ground on new chip R&D centre, plans $15 billion investment by 2028

Samsung Electronics (005930.KS) said on Friday it kicked things off at another semiconductor innovative work (R&D) complex in South Korea, where it intends to contribute around 20 trillion won ($15 billion) by 2028 to drive administration in chip innovation. The world’s biggest memory chip producer and second-biggest chip contract maker said the new office at […]

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Internet goes down for several hours in parts of Pakistan |nigeria news today headlines update today

Internet goes down for several hours in parts of Pakistan

Web availability was completely reestablished in focal and northern pieces of Pakistan on Friday following an hours-in length blackout brought about by weighty rains and floods, the country’s telecom controller said. Significant Pakistani telecom administrators revealed before that network was down in certain districts, including the capital and other major metropolitan habitats, with one organization […]

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Panasonic's Q1 profit hit by China lockdowns, rising material costs |nigeria news today headlines update today

Panasonic’s Q1 profit hit by China lockdowns, rising material costs

Japan’s Panasonic Holdings Corp (6752.T), which supplies batteries to Tesla (TSLA.O), posted a 39% drop in first-quarter earnings on Thursday as China’s COVID-19 lockdowns and rising material costs disrupted production and squeezed profitability. A two-month lockdown in Shanghai this spring kept people at home and forced factories to curtail output, exacerbating shortages of components including […]

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