Although the depreciation of the Sterling has boosted manufacturing exports, rising manufacturing costs and inflation could eat into those profits. The British economy is going through a rollercoaster ride: although currently it’s moving downwards all depends on its negotiation team’s… Read More ›
The IPO could see Snap Inc. valued at $25 billion. The Wall Street Journal has reported, citing several sources who are familiar with the matter at hand, Snapchat’s parent is set to come out with an initial public offering (IPO)… Read More ›
GE plans on gauging the reliability and efficiency of NYPA’s public electrical system by playing sensors which can intelligently monitor the health of equipment. General Electric has disclosed that it has won a contract from the state of New York’s… Read More ›
With the U.S. Justice Department imposing an unprecedented fine of up to $14 billion on Germany’s largest lender, Deutsche Bank is looking at its options on how to fund this fight. Bloomberg has reported Deutsche Bank AG is in informal… Read More ›
The suggestions include setting up a holding company and listing the operating company on the Nasdaq. Now, Samsung will not only have to firefight battery related issues in its smartphone, but also in the board room. In a fresh signs… Read More ›
The two are in early talks, according to the Nikkei. Lenovo could either buy a majority stake in Fujitsu or there could be a merger. Nikkei has reported the matter citing anonymous sources. Japan’s Nikkei business daily has reported that… Read More ›
Of late European banks have had a tough time: while they struggle to survive the post-Lehman brothers scenario, Britain’s historic decision to leave the EU has again taken a toll on the sector. As a result their share prices have… Read More ›
Although the value for this sole manufacturing deal has not been disclosed, Samsung was the sole manufacturer of Qualcomm’s 820 chips. Industry analysts had pegged the deal at more than $1 billion. The 830 chip will be featured in Samsung’s… Read More ›
Nokia has strengthened its position as a telecom product manufacturer with this acquisition. Nokia has already partnered with automobile manufacturers for smart cars that make extensive use of IoT. This acquisition could play a role in that equation. In a… Read More ›
Although Google new flagship is eyeing Apple’s $400 billion iPhone market, Samsung could be caught in the crossfire, according to industry analysts. With Google’s announcement of its new flagship “Pixel” smartphone along with a slew of new consumer electronic products… Read More ›
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