SpaceX Stock Slump Wipes Out Nearly $700 Billion From Elon Musk’s Paper Wealth 
X Challenges Australia’s Expanded Social Media Ban Enforcement Powers 
Trump Administration to Ban Chinese Robots, Power Inverters Over AI Security Concerns 
Tech Stock Positioning Nears Neutral as Investor Rotation Enters Final Phase, Deutsche Bank Says 
TeamViewer Shares Fall Despite Profit Growth as ARR and Customer Base Decline 
CXMT IPO Debut in Shanghai Puts $85.5 Billion Chipmaker in Spotlight 
Sika Raises 2026 Sales Outlook After Strong First-Half Results Beat Expectations 
Zabka Shares Drop 10% as Seven & i Abandons Investment Plans 
Exosens H1 Profit Beats Forecasts as Defense Demand Drives Growth 
Trump Orders Section 301 Probe Into EU Tech Fines, Signals New Tariffs 
Intel, AMD Seek Long-Term China Server CPU Deals as AI Demand Drives Supply Crunch 
Stellantis Sells Free2move Car-Sharing Business to Mutares to Strengthen Core Auto Strategy 
Trump Administration Monitors OpenAI Incident as Lawmakers Push AI Kill Switch Bill 
Barclays Q2 Profit Beats Forecasts as Investment Banking Strength Offsets Higher Costs 
SK Hynix Q2 Profit Hits Record as AI Memory Chip Demand Fuels Growth 
Intel Stock Slips After Earnings Rally Despite Strong AI-Driven Revenue Growth 
Galp Shares Fall After Q2 EBITDA Miss Despite Profit Beat and Higher Dividend 
South Korea’s LG Electronics Inc. is offering its webOS platform applied to smart TVs to some 20 rival TV manufacturers through a partnership with global content providers.
According to LG Electronics, TV makers, such as RCA of the US., Konka Group of China, and Australia’s Ayon, have agreed to use its web-based software.
To attract more clients for its smart TV platform, LG signed partnerships with streaming giants such as Netflix, YouTube, and Amazon while forging business ties with technology solutions providers Realtek Semiconductor Corp. and Universal Electronics Inc.
According to Park Hyoung-sei, president of LG’s home entertainment division, the company is expanding beyond hardware products into software and content businesses.
Smart TVs account for 84.8 percent of the total global TV shipments in 2020, up from 71.6 percent in 2018, based on data from market researcher Omdia. It is forecast to soar to over 90 percent by 2024.
LG Electronics said 90 percent of its 30 million TV shipments in 2020 were smart TVs.
LG has been stepping up its software capabilities in its TV business.
