Today: 20 March 2026
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LSE:IQE 8 September 2025

Tech Turmoil: iPhone 17 ‘Awe Dropping’ Hype, Chip Wars & Crypto Windfalls Rock Sept 7–8

Tech Turmoil: iPhone 17 ‘Awe Dropping’ Hype, Chip Wars & Crypto Windfalls Rock Sept 7–8

Apple will unveil the iPhone 17 series, Apple Watch Series 11, and AirPods Pro 3 at its Sept. 9 event. The U.S. plans new chip export rules for Samsung and SK Hynix in China, ending indefinite waivers. U.S. officials are probing a July malware attack linked to Chinese group APT41 that targeted trade talks. Telefonica’s new CEO outlined acquisition plans and called for EU telecom mergers as cable cuts disrupted internet in Asia and the Middle East.

Stock Market Today

  • Ushio Raises Full-Year Profit Forecast on Cost Cuts, Chip Market Recovery, and Weak Yen
    March 20, 2026, 12:44 AM EDT. Ushio Inc. raised its consolidated full-year forecast for fiscal 2026, projecting net sales of ¥175 billion and operating profit of ¥11.5 billion. The company cited successful structural reforms that cut fixed costs, a recovering semiconductor market boosting demand for light sources, and a weaker yen as key drivers. Ushio's profit attributable to owners now stands at ¥7.5 billion, showing double-digit growth from prior estimates. The impact of its recent acquisition of ams-OSRAM's lamp business remains under review. The forecast upgrade reflects strong earnings improvements and rising market sentiment, with analysts maintaining a Buy rating and a ¥3,570 price target for the Tokyo-listed lighting and optical tech firm.
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