921 stories · Page 29 of 93
On 29 Jun 2026 South Korea, Samsung and SK Hynix committed a record ₩911 trillion (US$590 bn) to build four new memory fabs and a packaging cluster, banking on the AI-driven shortage that is already forcing Apple, Microsoft and others to raise device prices.
Leaked “Group Target Picture 2030” shows VW will ask its supervisory board on 9 July 2026 to approve doubling earlier cuts—up to 100,000 job losses worldwide and the shutdown of four German assembly plants.
On 27 June 2026, President Donald Trump posted on Truth Social that any country imposing a digital services tax on U.S. tech firms will instantly face a blanket 100 % tariff on all goods entering the United States, nullifying existing trade deals.
On 27-28 June 2026 Apple quietly lifted Mac and iPad list prices by up to $200 (≈20%)—its first broad mid-cycle hike in decades—blaming an AI-driven memory crunch; the move immediately sliced 6% off Apple’s market value and signalled further rises.
On 26–27 June 2026 Volkswagen internally tabled a proposal to cut about 100,000 jobs—roughly 15 % of its workforce—close the Hanover, Zwickau, Emden and Audi-Neckarsulm factories, and trim five-year capital spending by 15 %, signalling the company’s largest restructuring ever.
Posting on Truth Social on 26 June 2026, President Trump declared that any country imposing a digital-services tax on U.S. tech firms will face an immediate, across-the-board 100 % tariff on all exports to the United States, overriding last month’s 15 % U.S.–EU tariff cap.
Following a late-June 2026 U.S.–Iran cease-fire and sanctions waiver, Brent crude tumbled to roughly $73 per barrel on 26 June, erasing the $50-plus war premium added since April.
On 24-26 June 2026 South Korea confirmed talks with Samsung and SK Hynix to locate a new semiconductor ‘mega-cluster’ and, days later, leaks showed Samsung will announce a ₩1,000 trillion ($648 bn) 10-year plan that drags fab capacity scheduled for the 2040s forward to 2034-35.
On 25 June 2026 Amazon raised its five-year India plan from $35 B to $48 B by pledging an extra $13 B, mostly for new AWS AI-driven data-centre capacity in Mumbai and Hyderabad.
On 25 June 2026 Apple instituted its first across-the-board hardware price hike—up to 25% on MacBooks, iPads, Vision Pro and accessories—saying runaway DRAM/NAND costs from the AI datacenter boom left it no choice.
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