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AI boom drives up demand for storage chips, Samsung Electronics (SSNLF.US) Q3 semiconductor department profits surged 79%, far exceeding expectations.

01/11/2025

According to the Wise Finance News app, Samsung Electronics' semiconductor division's profits in the third quarter far exceeded expectations, indicating that global demand for artificial intelligence (AI) is driving the recovery of this South Korean company's most important business segment.

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9 m ago

Hongmeng Smart Drive: In October 2025, Hongmeng Smart Drive set two records, delivering 68,216 new cars in a single month, reaching a new high in monthly deliveries; cumulative deliveries have surpassed 1 million units, making it the fastest Chinese brand to reach the one million delivery mark. The average transaction price for that month was 390,000 yuan.

12 m ago

Berkshire Hathaway further sold stocks worth $6.1 billion in the third quarter.

12 m ago

Huai Jinpeng attends the UNESCO Education Ministerial Meeting.

17 m ago

The Turkish Foreign Minister meets with a member of the Hamas political bureau to discuss the situation of ceasefire in Gaza, among other topics.

22 m ago

BYD Auto: F3 October sales of 31,052 vehicles, up 28.7% month-on-month and 415.3% year-on-year, ranked among the top 3 in the new energy brand growth rate. The brand's average transaction price is nearly 240,000 yuan, with the first complete month sales of more than 20,000 for the T7 model.

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