Samsung Q2 Profit Seen Soaring as AI Memory Demand Keeps Chip Prices Elevated 
Foxconn Q2 Revenue Surges Nearly 40% on Strong AI Server Demand 
EU Chip Industry Faces Growing Risks From China Export Controls and U.S. Technology Dependence: Report 
Apple Expands iPhone Lineup, Boosts Foldable iPhone Production Plans Through 2027 
SpaceX Stock Draws Bullish Wall Street Coverage Ahead of Nasdaq-100 Inclusion 
Meta CEO Zuckerberg Says AI Agent Development Has Slowed Despite Massive AI Investment 
China 618 Smartphone Sales Drop 13% as Higher Prices Hurt Demand, Huawei Gains Market Share 
Citi Raises TSMC Price Target as AI Chip Demand Strengthens Growth Outlook 
WiseTech Global Shares Surge as Richard White Steps Down as Executive Chair 
Anthropic Tightens AI Access Controls After Reports of China-Based Workarounds 
Bank of America Upgrades T-Mobile to Buy, Says LEO Satellite Fears Are Overdone 
Kuaishou Stock Jumps as Kling AI Secures $2 Billion Funding Round 
South Korea Alleges Google Abused Android App Store Dominance, Eyes Major Fine 
AI Memory Chip Shortage Likely to Persist Despite Korea Investment Boom, Nomura Says 
ShareChat Eyes 2027 IPO After Reaching Operational Profitability, Report Says 
Super Micro Employees Detained in Taiwan AI Server Export Investigation 
Kioxia Bets on AI Memory Boom With Next-Gen NAND Production in Japan 
Today, Apple unveiled its plans to support a series of solar energy programs to promote green growth and low-carbon manufacturing in China. In an official post on the company’s website, Apple said that its latest initiative could avoid over 20 million metric tons of greenhouse waste between today and 2020.
“Climate change is one of the great challenges of our time, and the time for action is now. The transition to a new green economy requires innovation, ambition and purpose. We believe passionately in leaving the world better than we found it and hope that many other suppliers, partners and other companies join us in this important effort,” Apple CEO Tim Cook said in a statement.
TechCrunch said Apple’s latest project is laudable, considering the fact that its Chinese manufacturers have been accused of polluting the environment for the longest time. In 2013, the Wall Street Journal said Apple has clamped down Foxconn and UniMicron after the latter was accused of dumping waste water into rivers.
