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…
Strong growth in the premium notebooks segment as well as a one-time tax benefit of $975 million can be attributed as the reasons for its surprise performance. On the back of strong demand for desktop and notebooks, HP Inc has reported a better-than-expected quarterly results. HP Inc also named Steve Fieler as its chief financial…
Tim Stones had played a key role in integrating Amazon.com’s market shaping acquisition of Whole Foods. Snap Inc, Snapchat’s parent, has disclosed, Tim Stone, the Amazon.com veteran who had led the integration of Amazon.com’s $13.7-billion acquisition with Whole Foods, will replace Andrew Vollero as its chief financial officer (CFO). Stone, 51, is currently vice-president of…
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