IPHONE 17 DOMINATES Q1 SMARTPHONE SALES
■ AI-SUMMARIZED FROM 1 SOURCE BELOW
Apple's iPhone 17 captured the top spot in global smartphone sales during Q1, commanding 6% of the market. Three of the four best-selling phones were iPhones, according to Counterpoint Research.
■ MORE FROM THE HARDWARE DESK
Samsung Electronics has reached a $1 trillion market valuation, joining TSMC as one of only two chipmakers to achieve the milestone. The achievement caps a remarkable year driven by surging demand for AI chips.
Ford is developing an affordable electric pickup truck priced at $30,000, leveraging its Long Beach skunkworks operation to challenge conventional EV design and capture skeptical truck buyers.
GlobalFoundries reported Q1 revenue of $1.63B, up 3% year-over-year and in line with expectations, while delivering earnings above estimates. The chipmaker's bullish Q2 guidance sent shares up 9.28%.
A Silicon Valley startup is investing $200 million to build artificial intelligence data centers on floating platforms in the Pacific Ocean. Panthalassa plans to deploy the first computing nodes by 2026.