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Chip stocks to stay wild

Wild swings in global chip stocks are likely to continue until markets know where US interest rates are heading and who controls Congress after the midterms. This is the warning from Nigel Green, CEO of deVere Group as the turmoil spread from Wall Street to Asia on...

Ampath confirms hack, but disputes theft of 80m patient records

Ampath, one of the country’s biggest pathology labs, has confirmed that it has been the victim of a cyberattack, but has issued a statement clarifying the claim by hackers that “80-million patient records” have been stolen. The company says it has contained the...

Smartphone shipments tank, with worse to come

The global smartphone market shrank 22.0% year-on-year to 255,3-million units in the third quarter of 2026 (3Q26), according to the preliminary data from IDC Research (IDC) Worldwide Quarterly Mobile Phone Tracker, Shipments tanked 22% year-on-year (YoY) in 3Q26,...

Google funds UCT to accelerate AI platform

The University of Cape Town (UCT) has secured $1,6-million (approximately R26,4-million) from Google.org to develop an artificial intelligence (AI)-powered platform that could help doctors make safer, more effective treatment decisions for African patients by mapping...

New initiative to drive intra-African trade

Looking to boost academic research output and increase collaboration between academia, industry, and policy makers across Africa in a bid to drive forward intra-African trade and industrialisation, Afreximbank - in collaboration with the African Union Commission and...

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China’s smartphone market rebounds in 2024

According to preliminary data from the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker, China's smartphone market shipped 76,4-million units in 4Q24, a 3,9% year-on-year (YoY) increase. This growth was driven by new product launches and...

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WLAN market set to surge in 2025

Wireless LAN (WLAN) revenue is expected to grow 11% in 2025 after the 2024 contraction finally comes to an end, according to Dell’Oro Group, with WiFi 7 adoption shooting up and representing over a third of Indoor AP revenues. “The growth of WiFi 7 shipments has been...

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