IPHONE PRICE HIKES INEVITABLE, IDC WARNS
■ AI-SUMMARIZED FROM 1 SOURCE ▸ TIMELINE
Apple has raised prices across most hardware products due to memory chip costs, but the iPhone has been spared—for now. An IDC analyst suggests the company will eventually pass those costs to consumers.
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Leaked images and specifications reveal Samsung's upcoming Galaxy Z Flip 8 will be nearly identical to its predecessor. The device will feature an Exynos 2600 processor rather than a Snapdragon chip.
A federal jury in Waco, Texas ruled that Japanese chipmaker Kioxia infringed on Viasat's flash-memory patent, ordering the company to pay $229 million in damages. The patent relates to energy-efficient memory technology used in various devices.
Sivers, a Swedish optical component manufacturer, has skyrocketed 1,700% year-to-date, reaching a $2.5B market capitalization. The dramatic rally has made it one of Sweden's most-shorted stocks.
Mitsubishi Electric is negotiating a deal with Toshiba and Rohm to combine their power semiconductor operations, targeting completion by September.