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Home > Latest

Lates News

date
25/02/2026
HPQ CEO: Expecting the memory environment to show "dynamic changes," currently implementing expanded pricing measures and additional company-wide cost reduction plans to mitigate its impact.
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Affected by heavy fog, Haikou Xinhaigang Harbor and the South Railway Port have stopped operations.
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Concerns about supply chain obstacles remain unaddressed. Lucid expects production growth to slow down in 2026, causing the company's stock price to decline.
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Posco: The contracted lithium supply is sufficient to meet the battery demand of 400,000 electric vehicles.
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Posco: The Argentine subsidiary will supply 25,000 tons of lithium to SK on until 2028.
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HPQ.N stated that due to facing issues with tariffs and rising memory chip prices, the company's full-year earnings may reach the lower end of the previously forecasted range. The stock dropped by about 7% in after-hours trading in New York after closing at $18.20. Over the past 12 months, the stock has accumulated a decline of 48%. Now, with consumers buying new computers to replace outdated devices and gain new artificial intelligence capabilities, HP and other device manufacturers are facing a double dilemma of rising memory chip prices and supply shortages. The company stated that memory issues will persist throughout the entire fiscal year and may continue into the next fiscal year. HP mentioned that they are raising product prices, working to introduce more suppliers, and adjusting some products to reduce memory requirements. The company announced today that they have made progress in these areas, including completing the certification of new suppliers. HP also announced the launch of a multi-year cost-cutting plan aimed at saving the company $1 billion annually by 2028.
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