Samsung Electronics announced its official financial results for the second quarter of 2025, reporting revenue of KRW74.6 trillion (US$53.5 billion) and an operating profit of KRW4.7 trillion, consistent with preliminary figures. Compared to the same period in 2024, revenue remained roughly flat, but operating profit was halved, with Samsung attributing the decline primarily to weak performance in its semiconductor business.
Arm Holdings is charting a bold new course by exploring the development of its own chipsets, CEO Rene Haas said during the company’s fiscal first-quarter earnings call. The move reflects Arm’s ambition to evolve beyond its traditional licensing model and address rising demand for integrated silicon solutions from cloud providers and OEMs.
As China moves to curb domestic EV overcompetition and prioritize industrial upgrading, China Changan Automobile Group (CCAG) officially launched in Chongqing on July 27. The restructuring makes CCAG the third centrally owned automaker in the country, alongside FAW Group and Dongfeng Motor Corporation.
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