Sony taps pandemic-driven boom in gaming consoles, to launch PS5 in India on February 2

On Friday, in a statement Sony Corp said it will launch its PlayStation 5 (PS5) console in India in coming weeks; the development marks Sony trying to capitalize the pandemic-driven boom in gaming. “We are happy to announce that PS5 shall be launched in India on 2nd of February 2021,” tweeted Sony. Preorders for the…

Deutsche Post DHL confirms operating profit guidance of 5 billion euros for 2020

Aiming to ride the crest of the e-commerce wave, Deutsche Post DHL intends to invest heavily into areas such as warehouse automation and analytics. Aiming to ride the e-commerce boom, Deutsche Post DHL set a new target of $5.77 billion (5.3 billion euros) for its operating profit saying it would invest heavily in areas such…

Samsung begins investing in second NAND chip production facility at Pyeongtaek

Eyeing booming demand for chips, especially for servers, Samsung has begun investing in a second production facility at Pyeongtaek; it first chip production line at Pyeongtaek began mass production in July 2017. On Wednesday, South Korean news agency Yonhap reported, Samsung Electronics Co has begun investing in a second memory plant at its Pyeongtaek production…