In a report the Financial Times said citing sources familiar with the matter at hand, Britain is in talks with 6 companies for building gigafactories which will produce batteries for electric vehicles. According to the report, Nissan Motor Co Ltd,… Read More ›
Samsung
Samsung Electronics relocates mobile display plant from China to India
In a statement, the Indian state of Uttar Pradesh said, it will provide financial incentives to Samsung Electronics Co to set up its $654.36 million (48.25 billion rupee) display factory in the state. Samsung will be relocating the factory from… Read More ›
Apple unlikely to meet revenue guidance because of coronavirus
Weakening demand in China along with lost production due to China’s coronavirus has prompted Apple Inc to revise its sales target which it set just three weeks ago. So far the coronavirus pandemic has killed 1,770 people in China with… Read More ›
Samsung appoints Joonou Nam as Samsung Heavy Industries’ new CEO
The change at the top follows the shipbuilder’s announcement of its forecast of yet another operating loss for this year. On Monday, in a strategic move Samsung Heavy Industries appointed Joonou Nam as its new chief executive officer after Park… Read More ›
Qualcomm states Apple and Computer & Communications Industry Association are misdirecting trade regulators
While Qualcomm arguments are focused on its patent regime, the arguments of the defendant appear to appeal to the emotional side of regulators. Qualcomm Inc fired back at Apple and at the tech lobby group which sided with Cupertino, saying… Read More ›
Intel signs Olympic sponsorship deal through 2024
These are the technologies Intel will bring to the table: aerial filming by drones, 5G wireless technology, VR, and access to artificial intelligence platforms. On Wednesday, Intel Corp disclosed it would become a major sponsor of the International Olympic Committee… Read More ›
Huawei eyeing to dislodge Samsung as World No. 2 smartphone maker
Perhaps Samsung did not want to rush into the World Mobile Congress (WMC) with a half-baked product. After all it has traditionally used the forum to launch its new devices. Hopefully the cost of not launching the product at the… Read More ›
Samsung launches Samsung Pay Mini
While Samsung Pay allows its users to make offline credit or debit card transactions through its Android powered devices, Samsung Pay Mini allows its South Korean users, to transact online, using its devices. In a significant development, South Korean electronics… Read More ›
Samsung considering building a home appliances manufacturing plant in the U.S.
Although the Trump Administration has not specifically targeted any South Korean company, many have preemptively announced potential investment plans to ward-off criticism. Potential investments plans could however sour stemming from risks from the Trump administration’s trade policies. According to a… Read More ›
LG Display Co reports phenomenal growth in 4th quarter profits
The trend of rising revenues and sales are slated to continue further. Incidentally, prices of LCD TVs larger than 32” have consistently risen in the last 10 months. LG Display Co Ltd, the world’s largest liquid crystal display (LCD) has… Read More ›