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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...
The European Union has made significant progress in its shift towards renewable energy, with 47% of its electricity generated from sustainable sources in 2024, according to Eurostat. This marks an increase of 2.6 percentage points compared to the previous year, reflecting the region’s ongoing efforts to transition towards a greener and more sustainable energy landscape. Wind energy continues to lead the way, contributing 39% to the EU’s renewable...
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...
German automaker Audi has reported a significant financial setback, with its net profit plunging by one-third over the past year. The luxury car brand, part of the Volkswagen Group, has been grappling with declining sales across Europe and increased competition from more affordable Chinese vehicles gaining traction in the market. The company’s revenue dropped nearly 10%, resulting in a net profit of €4.2 billion. To address these challenges,...
The global silver market is facing significant strain as trade tensions and tariff policies continue to disrupt supply chains. Higher lease rates a measure of the cost to borrow the metal are indicative of tightening supplies, compounded by shifting trade dynamics between key markets such as the United States and the United Kingdom. In recent months, silver prices have climbed notably, supported by a growing demand for safe-haven...
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