Tag:

Industry

SK hynix hits record profit on AI chip demand

Chipmaker SK hynix reported on Thursday that its net profit surged by nearly 400 percent year-on-year to a record level in the first quarter, driven by the ongoing artificial intelligence boom that continues to fuel demand for advanced chips despite concerns over potential disruptions from the Middle East conflict.

23 Apr 2026-09:34
The unsettling science of boiling lobsters: Painkiller response suggests shared capacity for suffering

Does a lobster feel pain – or even anguish and terror – when it's faced with a boiling pot of water in a busy kitchen? It's a question that has long plagued philosophers and biologists, as well as seafood purveyors wrestling with the ethics behind their menu choices.

21 Apr 2026-13:30
China's Changan targets Top-10 global carmaker status by 2030

China’s Changan said on Tuesday that it aims to become one of the world’s top-10 automakers by 2030, while increasing its global sales by more than two-thirds, joining other Chinese carmakers setting ambitious expansion targets overseas.

21 Apr 2026-12:29
Australia eyes record peace-time defense spending expansion

Australia will increase military spending by 53 billion Australian dollars ($38.1 billion) over the next 10 years under its 2026 National Defense Strategy (NDS), announced on Thursday.

16 Apr 2026-09:19
Indonesia, France step up defense industry, energy cooperation

Indonesia has agreed to expand defense industry cooperation with France, following recent agreements with both United States and Russia, Jakarta announced on Wednesday after high-level talks in Paris.

15 Apr 2026-09:41
Venezuela opens mining sector to foreign investors

Venezuela National Assembly has unanimously approved legislation aimed at opening the country’s tightly controlled mining sector to foreign investors, signaling a notable economic policy shift under interim President Delcy Rodriguez.

10 Apr 2026-15:12
Georgia postpones plastic bottle restrictions until 2031

The Georgian government has postponed the introduction of regulations restricting the production, import, and sale of beverages in plastic bottles until 1 February 2031.

09 Apr 2026-11:56
France eyes 36B euro defense budget boost

France plans to increase its defense budget by 36 billion euros ($39 billion) by 2030, according to a proposal unveiled Wednesday by the Defense Ministry.

08 Apr 2026-16:22
The Greek anti-drone solution redefining low-cost aerial defense

Greece is attracting international interest in its Centauros anti-drone system, a cost-effective electronic warfare platform that has proven its worth in combat operations against Houthi drones in the Red Sea.

07 Apr 2026-13:25
Space sector gains momentum ahead of SpaceX IPO

SpaceX’s IPO filing last week has set the stage for what could become the largest public offering in history, with a target valuation exceeding $2 trillion.

06 Apr 2026-14:36