U.S. tariffs on China provide an edge to Samsung Electronics’ products

Here is why relocating Apple’s supply chain from China makes business sense. U.S. President Donald Trump disclosed he has had a discussion with Apple Inc’s Chief Executive Officer Tim Cook on the impact of U.S. tariffs on Chinese imports as well as competition faced by Apple from South Korea’s Samsung Electronics Co Ltd. Cook “made…

Freenet still committed to Ceconomy despite issues

Ceconomy is Europe’s biggest consumer electronics retailer. On Wednesday, Freenet, a German telecom company stated, it continues to remain committed to its investment in Ceconomy, Europe’s biggest consumer electronics retailer. Its commitment is despite issues which prompted the departure of its chief executive last month. “I still believe in the company,” said Christoph Vilanek, Freenet’s…

Samsung Electronics opens world’s biggest mobile store in Bengaluru, South India

With India being the second biggest smartphone market in the world, Samsung Electronics’ move underscores its strategy of extending its market lead over its peers, which include low cost Chinese peers and Apple Inc’s smartphones. India, the world’s second-biggest smartphone market, has become the home to Samsung Electronics Co’s biggest mobile store in the world.…

Sony’s sensor business – the engine for its growth

With Sony’s sensor business contributing the bulk of its 2017-2018 earnings, the company plans on ramping up their deployment in factory automation, image sensors and self-driving cars, key technologies for tomorrow. Riding on the surging sales of its image sensors, Sony Corp is poised to report its highest-ever earning this year. The firm also plans…

Samsung Electronics brings about minor changes to its business structure

These systemic changes with potentially long term benefits, include the opening of a AI research center in an undisclosed location. On Wednesday, in a development of strategic longterm effect, Samsung Electronics Co Ltd disclosed it would be opening an artificial intelligence (AI) research center, as well as strengthen an executive role which will look for…

LeEco abandons Vizio deal citing ‘Chinese Policy factor’

In recent years, LeEco has grown so fantastically that it faced financial issues. Its founder termed these issues as the “big company disease.” LeEco, a recent Chinese tech company with global ambition whose businesses have ranged from electric vehicles to smartphones, has been forced to abandon its proposed $2 billion acquisition of Vizio, a U.S.…