Category BUSINESS

LITEON Technology Announces May Consolidated Sales of NT$13.4 Billion, a 22% Year-on-Year Increase

LITEON Technology (2301-TW) announced its consolidated revenue for May, reaching NT$13.4 billion, marking a 22% year-over-year increase. This growth was driven primarily by the strong performance in power management for cloud computing, advanced servers, and networking applications. All three of…

Read MoreLITEON Technology Announces May Consolidated Sales of NT$13.4 Billion, a 22% Year-on-Year Increase

Jabil Unveils $500 Million Multi-Year Investment to Boost U.S. Manufacturing for Cloud and AI Data Centers

Jabil Inc. (NYSE: JBL), a global leader in engineering, supply chain, and manufacturing solutions, today announced it intends to invest approximately $500 million over the next several years to expand its footprint in the Southeast United States to support cloud…

Read MoreJabil Unveils $500 Million Multi-Year Investment to Boost U.S. Manufacturing for Cloud and AI Data Centers

AI Adoption Accelerates in European Financial Services to Enhance Investment Decisions

AI is already driving revenue increases for financial institutions — and with new investments in AI infrastructure and development across Europe, the region’s financial services industry is poised to mint even greater value from the technology.With sovereign AI models and agents built using AI factories,…

Read MoreAI Adoption Accelerates in European Financial Services to Enhance Investment Decisions