Nvidia and Groq Strike Strategic AI Inference Licensing Deal 
Nvidia Weighs Expanding H200 AI Chip Production as China Demand Surges 
Texas App Store Age Verification Law Blocked by Federal Judge in First Amendment Ruling 
Japan Revises Economic Growth Forecast as Stimulus Fuels Consumption and Investment 
Eli Lilly and Novo Nordisk Battle for India’s Fast-Growing Obesity Drug Market 
Italy Fines Apple €98.6 Million Over App Store Dominance 
Sanofi to Acquire Dynavax in $2.2 Billion Deal to Strengthen Vaccines Portfolio 
Boeing Wins $2.04B U.S. Air Force Contract for B-52 Engine Replacement Program 
Japan Approves Record ¥122.3 Trillion Budget as Takaichi Seeks Fiscal Balance 
iRobot Files for Chapter 11 Bankruptcy Amid Rising Competition and Tariff Pressures 
DOJ Reaches Settlement With Blackstone’s LivCor Over Alleged Rent Price-Fixing 
TSMC Honors Japanese Chip Equipment Makers With 2025 Supplier Awards 
Hyundai Recalls Over 51,000 Vehicles in the U.S. Due to Fire Risk From Trailer Wiring Issue 
Lebanon Cabinet Approves Financial Gap Law to Tackle Ongoing Economic Crisis 
Nike Stock Jumps After Apple CEO Tim Cook Buys $2.9M Worth of Shares 
UBS Warns of Short-Term Risks as Precious Metals Rally to Record Highs 
Samsung Electronics and Best Buy are grappling with a U.S. class-action lawsuit filed by Ray Kim Law, alleging false advertising of gaming features in Samsung's QLED 4K TVs. Meanwhile, Samsung affiliate Segi Retech forays into recycling industrial UPS batteries.
The lawsuit, filed by Ray Kim Law in the California Central District Court, alleges that certain Samsung QLED 4K televisions do not possess the advertised features crucial for smooth gaming experiences.
Features like Motion Xcelerator Turbo+, FreeSync, and HDMI 2.1 have been called into question. It's important to note that this marks the first consumer class action against Samsung TV products since 2018, when a lawsuit claimed certain Samsung LED TVs overheated, rendering them unusable.
In other noteworthy news, Segi Recycling Technology, a subsidiary of South Korea's KPS Corporation, known as Segi Retech, has ventured into the market for recycling uninterruptible power supply (UPS) batteries. This strategic move is part of an agreement with Samsung Electronics. Segi Retech will collect, transport, and properly dispose of industrial batteries discarded from multiple Samsung Electronics business sites across South Korea.
UPS batteries play a critical role in ensuring that servers continue to operate during power outages or fires. It's especially crucial for data centers that store vast amounts of corporate data. With the growing shift from lead-acid batteries to lithium-ion batteries, Segi Retech sees an opportunity to expand its business territory to the industrial battery market.
Although most UPS batteries are still lead-acid, the rapid spread of lithium-ion batteries over the past two years is undeniable, according to Segi Retech CEO Kim Min-hong. He added that as they prepare to enter the market for recycling discarded lithium-ion batteries used in electric vehicles, this is a significant chance for them to expand their business territory to the industrial battery market.
This revised text's improved structure and engaging style offer a clearer understanding of the subject matter while highlighting the key points of interest. Additionally, this development underscores Samsung's impact beyond televisions, demonstrating the company's commitment to environmental sustainability and responsible disposal of industrial batteries.
Photo: Compare Fibre/Unsplash
