The news is likely to add to investor worries as it comes in the wake of Apple reducing its sales forecast for its smartphones. Slowing demand in China has had a significant impact on Samsung Electronics Co Ltd, with the South Korean conglomerate set to post its first drop in quarterly operating profits in two…
The strategic move can potentially benefit both Apple and Foxconn as it can significantly diminish the impact of the U.S.-China trade war, as well as take advantage reduced import duties. According to a source familiar with the matter at hand, Apple Inc will begin assembling its high-end iPhones in India through a local unit of…
Verizon and Samsung Electronics Co Ltd are slated to launch 5G models in the first half of 2019. U.S. chipmaker Qualcomm Inc has unveiled a next generation mobile phone processor that will power 5G smartphones in the United States in 2019. The key feature of Qualcomm’s Snapdragon 855 chip, which was launched at an event…
Consumers are increasingly taking to gaming in their smartphones rather than stick to traditional devices such as consoles and computers. Subscription models and cloud gaming could be the new engines for growth for gaming companies. With the annual Gamescom trade fair opening its doors in the German city of Cologne, the online entertainment and the…
Technological areas in which Samsung Group will invest include, AI, bio-pharma, 5G and electronic components for next gen automobiles. On Wednesday, Samsung Electronics, a unit of the South Korean conglomerate Samsung Group stated, over the next three years it plans on investing up to $22 billion (25 trillion won) in artificial intelligence, electronic components for…
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…
ZTE’s strategic move will, at least in the short run, allow it to resume operations and start sourcing components from the U.S. It is to be seen how the Trump Administration navigates ZTE’s stigma of posing as a national security threat to the U.S. in the Congress. On Wednesday, Chinese telecommunications giant ZTE Corp saw…
One probable reason for the rejection could be a conflict centering in-app purchases. In a move aimed at protecting its ability to make money from in-app purchases from games on its mobile devices, Apple Inc blocked Steam, a leading online store for downloaded games, from extending its reach into its iPhhones. Steam had wanted to…
Having grossed $2.1 billion in 2017, HMD Global is aiming to double its sales channels in key markets in 2018. On Monday, HMD Global, the Finnish company licensed to sell Nokia-branded phones, stated it had raised $100 million in a new funding round aimed at boosting its growth. In 2017, its first year of operations,…
TCMC, the world’s biggest contract chipmakers plans on sinking in $1.3 billion in R&D to research future technologies. On Friday, a spokesman for the world’s largest contract chipmaker, Taiwan Semiconductor Manufacturing Co, stated it is planning to plough in $13.50 billion (T$400 billion) to help expand its research and development capacity for future technologies. Clarifying…
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