AstraZeneca has announced a significant $2.5 billion investment in establishing a new research center in Beijing, marking a major commitment to China’s burgeoning life sciences sector. The hub, developed in collaboration with the Beijing government, will focus on early-stage research and the integration of artificial intelligence in drug discovery. This initiative also includes partnerships with biotechs and a hospital, further emphasizing AstraZeneca’s strategy to tap into China’s innovative...

Under the leadership of CEO Elliott Hill, Nike is making significant strides to address market challenges. While most express optimism regarding Hill’s ability to steer the company, they caution that the growth rates seen in the past decade may be difficult to replicate given Nike’s current market valuation of $108 billion. Hill aims to refocus on core sports offerings, moving away from trends that deviated from the brand’s...

Apple needs to improve the compatibility of its devices with third-party products to ensure fair competition and support innovation. These regulations mandate that non-Apple products, such as smartwatches, headphones, and televisions, should integrate smoothly with iPhones, just like Apple’s own devices. In particular, the EU has asked Apple to provide better access to essential iPhone features, such as notifications and NFC (near-field communication) for contactless payments. Additionally, the...

Samsung Electronics Co. has announced ambitious plans to reinforce its presence in the high-bandwidth memory (HBM) chip market in response to growing criticism regarding its performance in artificial intelligence-related technologies. Jun Young-hyun, the newly appointed co-CEO and head of the chip division, outlined strategies during the company’s shareholder meeting, signaling a drive toward innovation and market recovery. Samsung plans to launch enhanced 12-layer HBM3E chips by the second...