MGM Resorts International enters into JV with GVC Holdings Plc for online betting platform in U.S

The deal comes ahead of the crucial upcoming American football season. On Monday, GVC Holdings Plc has agreed to enter into a joint venture with MGM Resorts International, a U.S. hotel and casino operator, to set up an online betting platform in the U.S. ahead of the upcoming American football season. Initially, GVC Holdings Plc…

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…

Details Of Irish Abortion Referendum Ads To Be Published By Facebook

Facebook will create a very strong case for election transparency and provide a never before insight about how social media is used for targeting of voters by publishing comprehensive data about political advertising in the run up to the referendum campaign for abortion in Ireland. Details of the amount spent on targeting Irish voters in…