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Global Military Spending Hits All-Time High Of $2.4 Trillion
Global Military Spending Hits All-Time High Of $2.4 Trillion By Tim Martin at BreakingDefense Global military expenditure surged to a record $2.44 trillion in 2023, the largest year-on-year rise on weapons spending since 2009, according to a new Stockholm International Peace Research Institute (SIPRI) report. The report, published today, said that the new figure is an “all time high,” equivalent to a 6.8 percent increase on spending in 2022 and marking the ninth consecutive...
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High-end MediaTek-powered smartphone to land in the US for the first time this year
The Android smartphone market in the US is quite different from Europe or Asia, in that there are fewer options, especially at the mid-range and low-end. But even when we're talking high-end, one thing is obvious - all of the top shelf devices in that market use a Qualcomm chipset. No MediaTek anywhere (and no Exynos either, for what it's worth). And that's despite the fact that MediaTek's 9000 series chips have, for a few years now, been very close in performance to Qualcomm's latest and...
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Global military spending hits ‘all-time high’ of $2.4 trillion: SIPRI report
The US remains the world’s largest defense spender, outlaying $916 billion last year, a 2.3 percent annual increase, ahead of China in second place, which spent an estimated $296 billion, a 6 percent increase over the same period.