Samsung Display gets U.S. certification for its transparent, bendable, unbreakable screen

The development has given rise to expectations that Samsung Electronics can now launch its foldable screen which its mobile chief had hinted was in development; there’s every probability that Samsung could launch this device during the holiday shopping season. On Friday, Samsung Electronics Co Ltd’s subsidiary Samsung Display stated, its unbreakable, bendable screen has passed…

Toyota to expand production of hydrogen fuel cell-based vehicles

Given hydrogen’s availability and its weight to storage energy quotient, Toyota believes hydrogen powered fuel cells will play a significant role in the clean-energy-powered auto industry in the coming future. In a significance development, Toyota Motor Corp announced that it plans on increasing investments in its hydrogen fuel cell-based vehicles, as design more cost-effective mass-market…

DRAM chips have been the growth engine for SK Hynix for the 1st quarter of 2018

SK Hynix, the world’s second biggest memory chip producer, will boost NAND memory chip production by more than 30% in the second half of this year. NAND memory chips are easier to assemble than DRAM chips. On Thursday, South Korean chipmaker SK Hynix Inc posted a record second quarter profit which underpins a continuation in…

LG slashes LCD investment costs, maintains planned investments in its OLED business

LG is bent on migrating towards making next-generation OLED panels and has slashed investments in its LCD business, which incidentally accounts for nearly 90% of its revenues. South Korea’s LG Display Co Ltd, a key supplier of panels for Apple, posted its second consecutive loss citing poor panel prices while slashing its investment plans by…

China’s state controlled chipmaker Tsinghua Unigroup acquires French smart chip components maker Linxens for $2.6 billion

The deal is yet to be finalized since it has yet to get clearance from Linxens’s union, and regulatory approval from France and Germany. According to 5 sources with direct knowledge of the matter at hand, Tsinghua Unigroup Ltd, China top state-controlled chip manufacturer has signed a deal with Linxens, a French smart chip components…

SoftBank Group Corp’s Vision Fund to invest nearly $1 billion in China’s SenseTime Group Ltd

The Chinese facial recognition startup has attracted loads of investor attention so far this year. On Friday, as per a Bloomberg report, SoftBank Group Corp’s Vision Fund intends to invest nearly $1 billion in Chinese facial recognition startup, SenseTime Group Ltd. SoftBank’s Vision Fund and SenseTime are finalizing the terms of the deal and the…

Apple, Sonos, Fitbit and others could potentially feel the heat of U.S. tariffs

Once the Trump Administration’s $200 billion tariff list, which currently is in the public comment period, comes into play, U.S. consumers are likely to see a price hike in consumer goods that are assembled in China. According to U.S. government’s rulings on tariffs, the latest round of trade tariffs on $200 billion of Chinese imports…