Seoul, Oct 21: Samsung Electronics Co. plans to use its in-house Exynos mobile processor in upcoming Galaxy S26 smartphone models, industry sources has said.

The company’s System Large Scale Integration (LSI) division, a fabless unit that focuses on designing and developing advanced system-on-chip (SoC) products, has completed development of the latest Exynos 2600 chip and will supply it for parts of the Galaxy S26 series starting in November, according to the sources, reports Yonhap news agency.

Exynos chipsets are designed and produced by Samsung Electronics’ semiconductor business.

According to the sources, the company’s in-house tests show strong performance from the Exynos 2600 compared with competitors, and the company believes the chip compares favorably with Apple Inc.’s A19 Pro used in the iPhone 17 Pro models.

The Exynos 2600 is expected to appear in at least one Galaxy S26 model, anticipated to be unveiled early next year.

If the top-tier Galaxy S26 Ultra uses an Exynos chip, it would be the first Ultra model to include an in-house processor since the Galaxy S22 series in 2022.

Previously, Samsung Electronics used Qualcomm Inc.’s Snapdragon chipsets across all Galaxy S23 models, while Exynos appeared only in some S24 variants.

The Galaxy S25, S25 Plus and S25 Ultra, launched earlier this year, all use Qualcomm Snapdragon chips.

Meanwhile, launch of the new generation Galaxy S26 series models in India is expected next year in January or March.

According to multiple reports and industry watchers, the model is slated to compete with with several flagships in the market, including the iPhone 17 Pro Max.

If reports can be believed, the price of the upcoming Samsung Galaxy S26 Ultra 5G mobile price in India is expected to be around Rs 1,59,999 for the base model.

There is also buzz doing rounds that it may offer 12GB of RAM with 3 storage options of 256GB, 512GB, and 1TB.

However, industry watchers expect that the official pricing will be based on the storage variants.

Washington, Oct 21: In a major relief for foreign workers on H-1B visas, the US Department of Homeland Security has issued new guidance on the $100,000 application fee, providing a series of exemptions and carveouts.

US clarifies $100,000 H-1B visa fee, exempts current visa holders

According to the new guidelines, workers who switch to H-1B visa status from other visa categories such as F-1 student status won’t be subjected to the $100,000 fee.

H-1B workers applying for an amendment, change of status, or extension of stay within the United States won’t be subjected to the hefty payment. Moreover, all the current H-1B visa holders won’t be prevented from entering or leaving the United States.

The proclamation only applies to new visa petitions who are outside the US and do not have a valid H-1B visa. It also provided an online payment link for new applications.

The clarification comes just two days after US Chamber of Commerce, the country’s biggest business organisation, sued the Trump administration over the new rules, calling it “unlawful.”

In a lawsuit filed in the district court in Washington on Thursday, the plaintiff argued that the visa fee, if implemented, will “inflict significant harm on American businesses” and force them to “either dramatically increase their labour costs or hire fewer highly skilled employees for whom domestic replacements are not readily available.”

It added that Trump’s September 19 proclamation was “plainly unlawful” and a “boon to America’s economic rivals.”

It was the second major domestic legal challenge to new H-1B rules, after a group of unions, education professionals and religious bodies sued the Trump administration on October 3.

While signing the proclamation in September, Trump had said the “incentive is to hire American workers.”

The proclamation caused immense confusion as it seemed to suggest that it would impact the current H-1B visa holders who may face hurdles in returning to the United States.

The White House issued a clarification to media on September 20, saying that this is a “one-time fee” that applies only to new visas and not renewals or current visa holders.

India-born workers received over 70% of the total approved H1-B visas in 2024, primarily due to a huge backlog in approvals and high number of skilled immigrants from India.

Wellington, Oct 20: New Zealand’s annual inflation reached 3 per cent till the September 2025 quarter, following a 2.7-per cent increase in the year till the June 2025 quarter, Stats NZ reported Monday.

This met the upper limit of the Reserve Bank of New Zealand’s 1-3 per cent target band for the annual inflation rate, according to a statement of the Statistics Department, Xinhua News Agency reported.

“The 3.0 per cent annual inflation rate in the September 2025 quarter is the highest since the June 2024 quarter, when it was 3.3 per cent,” Stats NZ prices and deflators spokesperson Nicola Growden said.

The largest contributors to the annual inflation rate were all in the housing and household utilities group, led by power, rent, and local authority rates, with the top three contributors making up around 17 per cent of the weight in the basket of New Zealand’s consumer price index, Stats NZ said.

Electricity prices jumped 11.3 per cent over the year, the largest annual gain since the March 1989 quarter when they rose 12.8 per cent, statistics show.

“Annual electricity increases are at their highest since the late 1980s, when there were several major reforms in the electricity market,” Growden said.

Prices fell over the year for pharmaceuticals, telecoms equipment, and petrol, helping offset some cost pressures, Stats NZ said.

On a quarterly basis, consumer prices rose 1 per cent in the September 2025 quarter, compared with the June 2025 quarter, driven largely by higher local authority rates and a 12.2-per cent increase in vegetable prices due to seasonal factors, it said.

Acting Finance Minister Chris Bishop said expectations are for inflation to drop towards 2 per cent in the first half of 2026, easing pressure on households and businesses.

On October 16, Stats NZ reported that food prices in New Zealand rose 4.1 per cent in the 12 months to September 2025, marking the smallest annual increase since April this year.

The grocery food group contributed most to the rise, up 3.9 per cent annually, according to the Statistics Department statement.

Key staples saw significant annual price hikes: white bread increased 49.6 per cent; cheese rose 31.4 per cent; butter climbed 28.9 per cent; and milk was up 15.1 per cent, Stats NZ said.

Vegetables also increased by 5.2 per cent annually, with cabbage nearly doubling in price from September 2024 to September 2025, the highest in nearly three years, and lettuce was up 55 per cent, it said.

“All five food groups continue to grow annually, but the rate of increase for overall food prices has slowed this month,” Growden said.

However, monthly food prices fell 0.4 per cent in September compared with August, driven by price drops in vegetables and chocolate, marking the first monthly decline since February 2025, statistics show.