Samsung Display working to exempt engineers from Vietnam’s 14-day quarantine program

South Korea’s Samsung Display, a supplier for Samsung Electronics and Apple Inc, has requested Vietnam to exempt 700 South Korean engineers from its mandatory quarantine requirement saying they are needed to prepare for the production of screens for new smartphones. South Korea is Vietnam’s biggest foreign investor. In an effort to contain the outbreak of…

Apple, Netflix pull out of South by Southwest music and tech festival

Apple Inc and Netflix Inc stated, they are pulling out of the South by Southwest music and tech festival which is scheduled to be held later this month midst China’s coronavirus outbreak. As of Wednesday, the U.S. death toll from coronavirus infections stands at 11 with California Governor Gavin Newsom declaring a state emergency. Earlier…

Apple Inc to pay $440M to VirnetX Inc for patent infringements

In a blow to Apple Inc, the U.S. Supreme Court has ruled that Cupertino cannot avoid paying $440 million in damages for using VirnetX Inc’s patented internet security technology without permission. Apple uses VirnetX Inc’s technologies in its FaceTime video calling features. Supreme court justices rejected Apple’s appeal in the long-running case concurring with a…

U.S. mulls changes to Foreign Direct Product Rule to cut off Huawei from global chip supply chain

According to two sources familiar with the matter at hand, the Trump administration is mulling options, which includes changing U.S. regulations to allow it to block shipments of chips to Huawei Technologies from companies such as Taiwan’s TSMC, the world’s largest contract chipmaker. These are among the many proposal the U.S. Administration is looking at…

Samsung unveils Galaxy S20 phone and Galaxy Z Flip smartphones

Samsung Electronics unveiled its latest foldable 5G capable flagship as it surges ahead to maintain its market position in an increasingly competitive phone market. The development marked Samsung’s second attempt at a folding phone, following a delayed rollout in 2019, as it fends off traditional rival in the premium smartphone market, which includes Apple Inc…

Foxconn’s China factories will resume full production in late February

According to a source with direct knowledge of the matter at hand, Taiwan’s Foxconn aims to gradually restart operations at its factories in China and could resume full production within 3 weeks. Foxconn has filed requests to reopen factories with Chinese authorities, said the source while adding that a full resumption is likely towards the…

Apple suppler LG Display expects improved profit outlook on increased OLED demand

On Friday, LG Display Co Ltd, an Apple Inc supplier offered an optimistic outlook for the year on the back of higher demand for its organic light-emitting diode (OLED) panels sending its shares higher by 4%. The optmistic forecast comes in the wake of the South Korean company seeing prolonged decline in liquid crystal display…