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China Releases its 1st Open-source Computer Operating System

People visit the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023. (Photo by WANG Zhao / AFP)
People visit the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023. (Photo by WANG Zhao / AFP)
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China Releases its 1st Open-source Computer Operating System

People visit the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023. (Photo by WANG Zhao / AFP)
People visit the World Artificial Intelligence Conference (WAIC) in Shanghai on July 6, 2023. (Photo by WANG Zhao / AFP)

China has released its first open-source desktop operating system, named OpenKylin, state media said, as the country steps up its effort to cut reliance on US technology.

The Linux-based operating system released on Wednesday was built by a community of about 4,000 developers, and is now used in China's space programs and many organizations in industries such as finance and energy, they added.

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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
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Samsung Expects a 56% Drop in Q2 Operating Profit, Far Short of Estimates

The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)
The logo of Samsung Electronics is seen at its headquarters in Seoul, South Korea, on July 4, 2016. (Reuters)

Samsung Electronics on Tuesday projected a 56% drop in second-quarter operating profit from a year earlier, missing analysts' estimates by far.

Its chip business struggled with weak sales of artificial intelligence chips, dogged by delays in the supply of its latest chips to Nvidia and continued losses in its contract chip manufacturing business, analysts said.

The world's largest memory chipmaker estimated an operating profit of 4.6 trillion won for the April-June period, versus a 6.2 trillion won LSEG SmartEstimate.

That would compare with 10.4 trillion won in the same period a year earlier and 6.7 trillion won in the preceding quarter.

Revenue would likely fall 0.1% to 74 trillion won from a year earlier, the filing showed.

Samsung is expected to release detailed results, including a breakdown of earnings for each of its businesses, in late July.