Table of Contents

• Qualcomm

• iPhones in Russia

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Economy & Finance

Qualcomm

Qualcomm has recently made a takeover approach to Intel, a move that, if successful, would give Qualcomm control of Intel's struggling business, particularly its PC chip unit. The potential acquisition highlights Intel's recent challenges in adapting to AI-driven chip demand, a sector where rivals like Nvidia and AMD have surged ahead. The deal, however, is far from certain and could face significant antitrust scrutiny. Intel's stock rose following the news, while Qualcomm's shares dropped.

Technology

iPhones in Russia

Despite the new iPhone being priced significantly higher in Russia—up to 50% more than in Western markets—Russian consumers remain unfazed. Pre-orders for the latest model are 15% higher compared to last year's, indicating that the steep price increase has not deterred demand. This strong interest persists even though these devices are being sold through parallel imports due to sanctions and export bans, reflecting the resilience of Russian consumers in the face of economic challenges.

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